Care providers make £256m profit in three regions
Private companies providing care services extracted £256m in profits across three English regions between 2021-2024, with over a third going to private equity and tax haven firms.
Category : Search result: informal sector taxation
Ukraine Anti-Corruption Agency Investigates Energy
Ukraine's anti-corruption agency launches investigation into energy sector officials over alleged misconduct. Read the latest developments in this ongoing probe.
Legal sector defies headwinds with 4% headcount growth
UK legal firms show resilience with 4% headcount growth and rising partner profits, while navigating cyber threats and cautious AI adoption. Discover the sector's 2025 outlook.
Banks set to escape tax rises in Reeves budget
Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.
UK construction sheds workers at fastest rate in 5 years
Britain's construction sector faces its steepest workforce decline in five years as rising costs and falling demand create a perfect storm for the industry.
Legal Sector Charges Ahead with AI Governance as UK Government Lags
Britain's top law firms are taking artificial intelligence oversight into their own hands, developing comprehensive frameworks while Westminster delays crucial legislation.
Reform UK Pension Plan Could Cost Billions Extra
Prospect union analysis reveals Reform UK's proposed public sector pension changes could add billions to government spending, raising concerns about fiscal responsibility.
Wetherspoon's cautious on outlook amid budget uncertainty
JD Wetherspoon sounds alarm over rising costs and economic pressures as budget uncertainty threatens pub chain's recovery momentum.
Think Tanks: UK Tax System Broken, Needs Overhaul
Leading economic think tanks urge Chancellor Rachel Reeves to implement radical tax reforms, calling the current system unfair and inefficient ahead of the spring budget.
Labor accused of hiding 'jobs for mates' report
Explosive allegations emerge as Labor faces accusations of concealing a damaging report revealing political favouritism in public sector appointments. Opposition demands transparency.
Rachel Reeves: Why tax rises shouldn't feel taxing
Chancellor Rachel Reeves outlines her surprising approach to tax rises, focusing on economic growth and fairness rather than traditional revenue-raising measures.
Lawyers: Don't Destroy £60bn Industry Over LLP Reforms
Leading City law firms warn Chancellor's proposed reforms to Limited Liability Partnerships could devastate Britain's competitive legal industry and drive business overseas.
Britain's Shadow Economy: The Hidden Workforce
An underground economy worth billions is thriving in Britain, built on the backs of migrants and exploited workers. Discover how labour market failures are creating a parallel economic system.
UK Government's AI Spending: Exclusive Figures Revealed
New data exposes the staggering amount UK government departments are pouring into artificial intelligence technology, with spending reaching unprecedented levels across Whitehall.
Ryanair Boss: High Taxes Have Doomed UK Economy
Ryanair CEO Michael O'Leary delivers stark warning about Britain's economic future, citing excessive taxation and uncompetitive policies that threaten business growth and investment.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
Tax Office pays private debt collector £42m
The Australian Taxation Office has paid debt recovery firm RecoveriesCorp over £42 million to chase unpaid taxes, raising serious questions about outsourcing public debt collection to private contractors.
Budget Uncertainty Creates 'Brutal' Climate for Boat Show
The prestigious Southampton International Boat Show faces unprecedented challenges as government budget decisions create a 'brutal' climate for marine businesses, with exhibitors feeling 'very attacked' by financial uncertainty.
Winter Fuel Payment Tax Changes Loom for 2025
Exclusive investigation reveals potential tax changes affecting millions of pensioners' winter heating payments. HMRC considerations could impact household budgets from 2025.
British taxpayers funding Ireland's policy failures
Shocking new analysis shows UK taxpayers are subsidising Ireland's housing and healthcare systems through a little-known tax treaty arrangement costing Britain millions.
Bank shares jump despite motor finance scandal fears
Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
London law firms shift to non-equity partner promotions
Major London law firms are increasingly promoting lawyers to non-equity partner roles, signalling a strategic shift in talent retention and financial management within the UK legal sector.
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