Wealthy investors flock to start-ups for tax breaks amid looming capital gains tax raid
Wealthy investors are increasingly turning to start-up companies to mitigate their tax burdens, particularly as a potential capital gains tax (CGT) increase looms in the upcoming budget. Investment in seed enterprise investment schemes (SEISs) surged by 250% between July 4 and
National Insurance on employer pension contributions could raise billions for Treasury coffers
The introduction of national insurance on employer pension contributions could generate billions for the Treasury, according to Sir Steve Webb, a former pensions minister. Webb, now a partner at LCP, suggests that this reform could raise up to £16 billion net
Unloc and Verizon launch Young Entrepreneurs Challenge 2025 across Europe with £10,000 prize and mentorship
Unloc and Verizon Business have announced the launch of the 2025 Young Entrepreneurs Challenge, an annual competition designed to uncover Europe’s brightest young entrepreneurial talent. Open to 16-25 year-olds from across Europe, the challenge invites participants to submit technology-driven business ideas
Apprentice winner Dr Leah Totton and Lord Sugar secure multi-million pound payout after selling majority stake in cosmetic clinics
Dr Leah Totton, the 2013 winner of The Apprentice, and her business partner, Lord Alan Sugar, have secured a multi-million pound payout after selling a majority stake in their Botox and cosmetic clinic chain to Advanced Aesthetics Partners (AAP). Dr Leah
Frasers group launches £83m takeover bid for mulberry amid financial struggles
Mike Ashley’s Frasers Group has made an £83 million takeover bid for Mulberry, one of the UK’s most iconic luxury brands, after being blindsided by a £10 million emergency share offer from the struggling leather goods maker. The surprise bid offers