Lord Bamford’s £300m family windfall from JCB raises questions amid potential wealth tax
Lord Bamford and his family have pocketed a £300m windfall from their JCB business empire, following a robust year for the construction equipment manufacturer that saw profits surge by 44% to £805m in 2023, according to the latest accounts. This substantial
Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget
Chancellor Rachel Reeves is facing renewed calls to implement a wealth tax, with economists, climate advocates, and high-net-worth individuals urging her to introduce a tax on the UK’s richest citizens to help fund essential public services and accelerate the transition
Landmark Court of Appeal Ruling Promises £21bn Payout for Motor Finance Mis-Selling Victims
In a groundbreaking victory for consumer rights, the Court of Appeal has ruled in favour of the claimant in the Johnson v. Firstrand Bank case, setting a historic precedent in the motor finance industry. The ruling, championed by Sentinel Legal and
Over 80% of UK small business owners fear Autumn Budget could harm growth plans
A new survey has revealed that 86% of UK small business owners are concerned that potential tax hikes and policy changes in the upcoming Autumn Budget could hinder their growth. Key concerns include potential increases in income tax, VAT, and national
Consumer confidence dips ahead of Labour’s first Budget as concerns over tax rises grow
Consumer confidence in the UK declined in October, with pessimism about the upcoming Budget outweighing optimism from falling inflation, according to GfK’s latest consumer confidence index. The index slipped by one point to -21, marking its lowest reading since March and