Non-dom exodus could cost UK 23,000 jobs, disputed report claims Economics Scrapping the non-dom tax regime could cost the UK £6.5bn and 23,000 jobs in the next ten years, a think tank has claimed in a report whose findings were questioned by leading academics. The study, published by free market think tank the Adam Smith Institute (ASI), suggests that abolishing the special status for wealthy foreigners [...]
Record number of millionaires to leave UK as top academics join calls for exit tax Property The UK is set to lose the greatest proportion of millionaires in the world in the next four years, new analysis suggests, as a group of respected academics joined growing calls for Rachel Reeves to introduce an exit tax at the upcoming Budget. The Adam Smith Institute’s (ASI) Millionaire Tracker – a new initiative from [...]
Forget the bangs and flashes, the UK economy just needs some plumbing Opinion The outlook for the UK economy doesn't have to be so bleak. We just need to get back to basics, writes Sam Bidwell.
As Ukraine brings war to Russia, Britain too must be bolder with sanctions August 14, 2024 It’s time for Britain to be bolder with its sanctions against Russia. If done right, they will even enrich Britain’s economy too, writes James Price When I am in need of inspiration, I occasionally turn to Russian state television. Not because it is a useful source of news, or because I believe any of the [...]
Londoners are working 197 days a year just to pay the rent May 7, 2024 It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]