UK Tax Budget Fuels Capital Flight and Investor Doubt
A new £26bn tax-raising Budget is driving wealth creators abroad, with 142,000 millionaires forecast to leave. Analysis warns of long-term damage to UK investment and competitiveness.
A new £26bn tax-raising Budget is driving wealth creators abroad, with 142,000 millionaires forecast to leave. Analysis warns of long-term damage to UK investment and competitiveness.
Activists from Take Back Power dumped manure under The Ritz's Christmas tree in a protest against inequality. They demand a 'House of the People' to tax extreme wealth. Read the full story.
Miami's elite Indian Wells neighbourhood sees a wave of property sales as wealthy residents flee potential new taxes. Discover the impact of the so-called 'Mamdani Effect'.
Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay for a staff member on a US 'scoping trip'. Watch the video and read the full report.
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
Newton Investment Management sees another senior departure as its head of consultant relations leaves. Explore the implications for the firm's strategy and client relationships.
The UK government has postponed its ruling on China's controversial 'super-embassy' near Tower Bridge to 20 January, aligning with Keir Starmer's planned trip to Beijing. Read the latest on the diplomatic and security implications.
Prime Minister Sir Keir Starmer warns China poses real security threats but urges a 'sober realist' policy. He also defends his foreign approach as a post-Brexit shift. Read the latest.
Readers react to the latest Budget, with some praising its shift away from rewarding the wealthy, while others question its impact on food prices and the economy. Have your say.
Veteran fund management executive Campbell Fleming has been named chairman of Keyridge Asset Management, bringing decades of industry experience to the London-based firm. Read more about this strategic leadership move.
Nobel laureate Joseph Stiglitz warns rising inequality destabilises nations. His G20 blueprint offers economic renewal through tax reform and climate action. Read the urgent call.
A tale of two economies this festive season as high earners in affluent areas spend freely while others struggle with debt and inflation. Discover the data shaping UK retail.
A £7 trillion wealth shift is moving from older generations to younger Britons, with women inheriting more than ever. Discover how this transfer impacts families and why expert financial advice is crucial.
Rachel Reeves' £26bn budget offers temporary relief but fails to address Britain's fundamental economic flaws. Without systemic reform, the bleeding continues.
Long-Term Asset Funds are gaining traction with wealth managers as Carne Group's CEO reveals growing interest. Discover how these vehicles could reshape investment strategies.
Carne Group CEO predicts 20% private markets growth driven by wealth managers and private banks. Discover how regulatory changes are reshaping investment strategies.
Jose Minaya, BNY's global head of investment and wealth, reveals his incredible journey from stock boy to top finance executive and shares his views on London's property market.
Castore co-founder Tom Beahon criticises Chancellor Rachel Reeves' income tax threshold freeze, warning it disincentivises wealth creators. Discover how this Budget move impacts growth.
Green Party leader Zack Polanski's calls for wealth taxes and nationalisation mirror Jeremy Corbyn's rejected policies, sparking concerns about history repeating in UK politics.
Chinese leader Xi Jinping told Donald Trump that Taiwan's return remains vital to China's interests during their recent phone discussion. Read the full analysis.
Business Secretary Peter Kyle admits Labour's tax policies are causing a wealth exodus. Read the full analysis of the budget concerns and business reactions.
As the Chancellor prepares the budget, people in Halifax voice their priorities: investing in northern towns, tackling wealth inequality, and supporting the night-time economy.
PwC report predicts asset managers will accelerate fintech partnerships to boost margins and embrace AI. Discover how technology is reshaping investment management.
Ahead of the budget, Halifax residents voice their fears and priorities, from wealth inequality to small business support. Discover what the chancellor must address.
Coalition including Tax Justice UK delivers petition calling for wealth tax on billionaires. Could new taxes raise £60bn annually to address Britain's growing inequality crisis?
Chancellor Rachel Reeves promises to address cost of living crisis while facing calls from political rivals to implement wealth taxes. Autumn budget expected to include tax threshold freezes.
New data reveals the San Francisco Bay Area's poverty rate surged to 16.3% in 2023, with 1.02 million residents now living in poverty. Discover how the cost of living crisis is affecting California.
Prime Minister Sir Keir Starmer is preparing for a potentially contentious visit to China in January 2025, Sky News understands. The trip comes amid heightened tensions over spying allegations.
Sky News understands PM Sir Keir Starmer is preparing for a controversial China visit in January 2025, despite recent parliamentary spying allegations. Learn about the diplomatic implications.
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.