Unleash small businesses to drive growth

“Aiming for growth” is not just a political phrase, but a vital conservative economic strategy, and this fundamental philosophy cannot be lost in the fray of everyday politics. Over the past few months, tough decisions have been made to stabilize our economic trajectory and reassure the markets, but it is imperative that the Conservatives remember … Read more

Nadhim Zahawi: a child refugee who built his business fortune before his political career

NOT Adhim Zahawi had been tasked with preparing the Tories for the upcoming general election, but his dismissal as party chairman will only spark new questions about the Tories’ electoral fortunes. Prime Minister Rishi Sunak took the reins promising “integrity, professionalism and accountability at all levels”, and with the Tories struggling in the polls, he … Read more

Tax cuts are a terrible idea – but so is Rishi Sunak’s attack on corporations

The UK will drop from the OECD’s fifth most competitive tax system for capital investment to 30th place, near the bottom of the pack with Mexico and Greece. The marginal effective tax rate – which is what matters – will explode. The Tax Foundation says the UK has long had a ‘surprisingly ungenerous approach to … Read more

Business leaders demand action after Bank of England governor delivers upbeat verdict on economy

Rishi Sunak faced fresh pressure to cut taxes last night after the Bank of England said Britain had ‘turned a corner’ on inflation. Business leaders and Tory MPs have stepped up calls to reduce the record tax burden in the next budget amid growing optimism that soaring prices are starting to subside. Yesterday the Prime … Read more

Rishi Sunak should tell Joe Biden to mind his own business

Joe Biden loves lecturing Britain. His Imperial-style presidency has been raving about the Northern Ireland protocol, warning that he could scupper a possible US trade deal if British politicians do not comply with his wishes. Last October, he personally intervened to condemn the tax cuts proposed by then-Prime Minister Liz Truss, calling her economic policies … Read more

Corporate backlash forces UK to rethink crackdown on foreign lobbying – POLITICO

Press play to listen to this article Expressed by artificial intelligence. LONDON — Rishi Sunak’s government is revising its much-vaunted plans for an American-style foreign lobbying register after an outcry from businesses over fears it could scare off foreign investment. The Foreign Influence Registration Scheme – contained in the National Security Bill currently before the … Read more

What is the point of starting a business today?

When Napoleon supposedly called us a nation of traders, echoing the French revolutionary Bertrand Barère de Vieuzac, he would have considered it an insult. “Let Pitt then boast of his victory before his nation of shopkeepers,” de Vieuzac said in a speech to the National Convention on June 11, 1794, apparently imitating the economist Adam … Read more

Jeremy Hunt plots to hit small businesses with stealth VAT raid

Jeremy Hunt is plotting a stealth tax raid on small businesses that will force thousands more to pay VAT as he strives to balance the country’s books. The Chancellor is set to keep the threshold at which businesses must register to pay VAT at £85,000 in turnover until 2026, instead of increasing it in line … Read more

I’m A Celebrity contestants endure snakes and snores on their first night in the jungle

VS contestants on I’m A Celebrity… Get Me Out Of Here! endured their first night of discomfort in the jungle, which featured unexpected snakes and snoring campmates. They struggled to adjust to being away from family members and having to endure jungle cooking on the second day of the ITV reality show. Love Island star … Read more

Lack of political will means companies must lead by example on climate change

Yvon Chouinard and his family donated the property of the outdoor goods business to a trust, … [+] promising that the profits will be dedicated to the fight against climate change. (Photo by Michael M. Santiago/Getty Images) Getty Images All the political dithering over who – if anyone – would represent the UK at the … Read more