The number of children in private education has dropped by 10,000 over the past year as parents anticipate the introduction of VAT on school fees in January, according to the Independent Schools Council (ISC). The organisation estimates the move could cost

The Confederation of British Industry (CBI) has urged Chancellor Rachel Reeves to introduce significant tax cuts for electric car, heat pump, and biofuel manufacturers to accelerate the UK’s path to net zero. The business group is advocating for slashing the corporation

Labour’s plan to impose VAT on private school fees has come under scrutiny after it emerged that a key report justifying the policy was authored by a close friend of a government minister. Matthew Pennycook, a minister in the Department for

Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Selfridges, joining forces with Thailand’s Central Group to secure ownership of the iconic London department store. The deal, which ends months of uncertainty surrounding Selfridges’ future, saw PIF purchase

Britain is on track to experience the largest exodus of millionaires globally as wealthy individuals flee the country ahead of the Government’s planned crackdown on non-domiciled tax (non-dom) rules. According to analysis by the Adam Smith Institute, the share of the