‘Stealth taxes’ dragging 6.5m taxpayers into higher tax bands 

The Liberal Democrats have found that 6.5m UK taxpayers are being dragged into a higher tax band as a result of Conservative party budgets, including 15,000 in Chancellor Jeremy Hunt’s own constituency  – a finding described as “damning” for the government with a general election looming. With the personal allowance (£12,570) and the higher rate of income tax (£50,270)…

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Virgin Atlantic Faces Tribunal Over Claims of Unfair Dismissal of Older Cabin Crew

Hundreds of long-serving Virgin Atlantic cabin crew members are suing the airline, alleging unfair dismissal as part of Covid-related redundancies targeting older staff. The London employment tribunal will start examining over 200 cases next month, where former crew will argue that Sir Richard Branson’s airline unfairly made them redundant while retaining newer, cheaper hires. Virgin…

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The General Election is a perfect ‘Window of Opportunity’ for Better Business Act Campaigners

The forthcoming election presents a significant opportunity to rethink the role of business in society, according to Chris Turner, campaign director of the Better Business Act. Speaking to a Barbican audience during a panel event celebrating the third Better Business Day, Turner emphasised the potential for the Better Business Act to fundamentally change how firms…

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Cost of British Lamb Soars Amid Rising Demand and Import Issues

The price of British lamb has surged to unprecedented levels, driven by a combination of adverse weather conditions, disease, import challenges, and increased demand. According to the Agriculture and Horticulture Development Board (AHDB), wholesale prices have risen by over 40% year-on-year, reaching more than £8.50 per kg. This price hike comes alongside a forecasted 1.4%…

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Britons Spend 800 Years Waiting to Speak to HMRC

Taxpayers spent a staggering total of nearly 800 years on hold to HM Revenue & Customs (HMRC) last year, amid what the government’s spending watchdog describes as a “declining spiral” of customer service. The National Audit Office (NAO) revealed that HMRC failed to answer up to 45% of calls to its tax helpline, with the…

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The Freelance Revolution: 20 Lucrative Side Hustles for Brits in 2024

The British workforce is wholeheartedly embracing the freelance revolution. According to the Association of Independent Professionals and the Self-Employed (IPSE), the UK now has over 2 million highly-skilled freelance workers capitalizing on lucrative gig opportunities across industries. This booming “gig economy” is being driven by workplace flexibility and the soaring earning potential—with the average side…

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The Untapped Potential of Scaling Internationally for UK SMEs

As a business owner and advocate for scaling globally, I’ve observed a striking paradox within the UK’s economic landscape. Despite there being 5.5 million SMEs across the nation, less than 10% engage in international trade. This is a significant missed opportunity; exporting offers a range of benefits that can catalyse business growth, enhance productivity, and…

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