Trying to raise tens of billions of pounds in revenue without touching the three taxes that account for the lion’s share of the total tax haul is like trying to …
Investing
Mark Kleinman: City would sour on Reeves after bank tax
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week he tackles what a bank tax would do to …
High street banks’ SME lending comeback inches forward
High street banks’ return to small- and medium-sized enterprises (SME) inched onwards in the second quarter. The big banks have turned back to the area as the government clamps down …
UK fintech holds European crown but UAE threat looms
UK fintech maintained a heavy level of activity in the first half of 2025 but faced new threats from growing financial hubs. Over 70 significant acquisitions of smaller rivals or …
Defence stocks rise as Europe’s tensions with Russia escalate
European defence stocks rallied on Wednesday after the shock arrival of Russian drones across the border with Poland sent tensions in the region to fresh highs. Shares in FTSE 100 …
Merck warns UK is ‘not internationally competitive’ as it scraps £1bn London research centre
Merck has pulled out of a planned £1bn London drug research centre in the latest blow to the government’s growth agenda. The US pharma giant is to lay off 127 …
Revealed: How much profit Amazon makes in the UK
Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts …
Tube strikes: Union leader says £72,000 salary is not enough
RMT chief Eddie Dempsey has claimed that tube drivers on £72,000 a year were not making enough to buy a home in London, reflecting the union boss’ militant position on …
Britain’s Milei revolution starts here
Fighting for a Free Future is a new movement to shift the UK’s political debate towards liberty, low taxes, and smaller government in order to avert what they describe as …
Enhanced Games: Brit Ben Proud joins so-called Doping Olympics
British Olympian Ben Proud could have his UK Sport funding cut after choosing to join the Enhanced Games. The rebel competition, known by many as the Doping Olympics, will allow …