Tax-free lump sum withdrawals from pension pots could be slashed as Rachel Reeves scrambles for fresh ways to plug a £50bn hole in the public finances. The Chancellor is reportedly …
August 2025
RFU backing of Red Roses can aid better English pro structure
So it begins. Red Roses vs USA at the Stadium of Light. Friday night, BBC 1. That’s a USA fielding the rugby player with by far the biggest social media …
UK government borrowing lower than expected
Chancellor Rachel Reeves oversaw lower government borrowing than expected in July, official data has revealed. Borrowing hit £1.1bn last month, making up the difference between income from taxes and total …
GPT-5 is terrible and that’s a good thing
GPT-5 failed to wow users, but its less flashy delivery signals a positive shift for AI from at-all-costs advancement to actual use-case, writes Lewis Liu I was carrying boxes of …
Scotch Whisky is trapped in a tax riddle
The UK’s nonsensical spirit tax regime is an own goal that punishes industries like Scotch Whisky, writes Mark Kent Why should a drink with three times the calories and twice …
Non-dom directors beware – leaving the UK comes with trade-offs
Running for the exit after Labour’s non-dom tax crackdown? Employment lawyer Chiara Muston outlines the trade-offs to consider Recent analysis has revealed there has been a significant increase in the …
Government urged to expand auto-enrolment to prevent pension poverty
The UK’s auto-enrolment contribution scheme should be reformed to prevent more workers slipping into retirement poverty, the Society of Pension Professionals (SPP) has said. In its latest paper, the SPP has called …
Consumer confidence still a ‘far cry’ from optimism of summer 2024
Consumer confidence ticked up slightly in August but remains far below where it was last summer, when Labour was elected in landslide victory. Brits’ expectations over the next three months …
Exclusive: Just third of Brits think women’s football good value
Only a third of Brits think women’s football is value for money, exclusive data shared with City AM reveals ahead of next month’s WSL return. The surprising statistic comes as …
Notting Hill Carnival 2025 is make or break for Sadiq Khan
Mayor Sadiq Khan has staked his reputation – and your cash – on this year’s Carnival going off without a hitch, writes James Ford Just how many stabbings is too …