Five London Boroughs to Hike Council Tax Above Cap
Kensington and Chelsea, Westminster, Wandsworth, City of London and Hammersmith and Fulham can raise rates above 5% in 2026/27. Find out why and what it means for residents.
Category : Search result: corporate tax increase
Croydon rents rise 5% as London rental squeeze continues
New data reveals Croydon rents climbed 5% in the past year, outpacing London's average. Explore the rental market imbalance and see how your area compares with our interactive map.
Stansted Airport to nearly double passenger capacity to 51 million
Stansted Airport has secured permission to increase its annual passenger cap to 51 million, aiming to become the UK's second-largest hub without building a new runway. Discover the details of the £1.1bn plan.
Avoid Gatwick's new £10 drop-off charge with this loophole
Gatwick Airport's drop-off fee is soaring to £10, but a free alternative exists. Discover the simple hack using long-stay car parks and shuttle buses to save money.
Wildfires cause 46% spike in LA heart attack cases
A new study reveals a dramatic 46% increase in heart attacks and a 218% rise in blood abnormalities after the Palisades and Eaton fires, matching the worst Covid years. Discover the alarming health impacts.
EU votes to reduce corporate sustainability oversight
The EU Parliament has voted to slash the number of firms required to report on social and environmental harms, a move green groups call a 'betrayal'. Discover the details and backlash.
Morrisons loses £17m VAT fight on rotisserie chicken
A High Court ruling means Morrisons faces a £17m tax bill after judges decided its rotisserie chickens are subject to the 20% 'pasty tax'. The supermarket argued most are eaten cold.
Reeves' Mansion Tax Plan Sparks 'Spiteful or Fair' Debate
Chancellor Rachel Reeves's proposed 'mansion tax' on properties over £5m divides opinion. Is it a fair wealth levy or a spiteful policy? Explore the details and reactions.
2026 Car Tax Bands Announced: Check Your New Rate
Drivers face new Vehicle Excise Duty hikes from April 2026. See the full list of petrol and diesel car tax bands and find out exactly how much more you'll pay.
Budget 2025: DWP benefits and state pension increases confirmed
Chancellor Rachel Reeves's Budget pledges £15bn for welfare, with Universal Credit rising 6.2% and the two-child cap scrapped. See how much more you'll get from April 2026.
AI Boom Could Make PlayStation & Xbox Consoles More Expensive
A severe PC memory chip shortage, driven by AI industry demand, risks pushing up prices for PlayStation and Xbox consoles and could delay next-gen launches. Read the full analysis.
Citigroup promotes 276 to managing director globally
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
Future Fund's £20k Business-Class Hotel Scouting Trip
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.
Labour rural MPs rebel over farm inheritance tax
Chancellor Rachel Reeves faces a Labour rebellion as rural MPs defy the government over the controversial 'family farms tax' on estates worth over £1m. Read the full story.
Complete City AM's Survey for Chance to Win £500 Harrods Card
City AM invites readers to shape its future. Complete the 2025 readership survey for a chance to win a £500 Harrods gift card, valid until December 2026. Have your say today.
Bidvest shareholders reject $59k Olympic expenses claim
Shareholders of South African conglomerate Bidvest have voted against reimbursing three directors for $59,000 spent on attending the Paris 2024 Olympics. Discover the details of the revolt.
UK's 3p Pay-Per-Mile Road Tax to Start in 2028
Chancellor Rachel Reeves announces a new 3p-per-mile road charge for electric and hybrid vehicles from April 2028. Find out how much you'll pay and what it means for the future of driving.
Berenberg promotes two in major structural overhaul
German investment bank Berenberg has promoted David Janssens and Christian Gottlob to new roles in a significant restructuring of its operations. Discover the strategic moves behind the reshuffle.
Enron Files for Bankruptcy: 2 December 2001
On this day in 2001, energy giant Enron filed for Chapter 11 bankruptcy in the biggest corporate collapse in US history. Discover the story of fraud, ambition, and failure. Read the full analysis.
Police consider corporate manslaughter in Post Office scandal
Corporate manslaughter charges are now being considered as the criminal probe into the Horizon Post Office scandal widens. Police appeal for victims to come forward.
Police eye corporate manslaughter in Post Office scandal
Police investigating the Post Office Horizon scandal are now considering corporate manslaughter charges. The criminal probe has expanded to include more suspects and persons of interest. Read the latest.
Accenture calls 800,000 staff 'reinventors' in AI shift
Global consultancy Accenture has begun referring to its 800,000 employees as 'reinventors' as it sharpens its focus on artificial intelligence capabilities and warns staff to adapt. Read the full story.
Peel Hunt profits jump 800% to £11.5m on deal rebound
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
State Pension Tax Exemption Creates Two-Tier System
Chancellor Rachel Reeves confirms state pension-only recipients won't pay tax this parliament, but experts warn of fairness issues for other retirees. Learn the implications.
London mansion tax: 26,500 homes face new charge
Exclusive analysis reveals 26,500 properties sold for over £2m face new 'mansion tax' surcharge from 2028. Discover which London boroughs will be hardest hit.
Budget Plasters Fail to Heal Economic Wounds
Rachel Reeves' £26bn budget offers temporary relief but fails to address Britain's fundamental economic flaws. Without systemic reform, the bleeding continues.
London's £2m Mansion Tax: New Council Tax Charge
Chancellor Rachel Reeves introduces new mansion tax on properties over £2m from 2028. London homeowners face annual charges up to £7,500. Discover how this affects the property market.
Campbell's executive fired over 'poor people' remarks
Campbell's Soup dismisses a senior VP after alleged racist and derogatory comments about customers and Indian employees were recorded. Full story on the corporate scandal.
State Pension to increase by over £550 from April
UK state pension set for £550+ annual rise under triple lock, bringing pensioners closer to income tax threshold. Discover the financial implications.
UK Defies Trump, Keeps Digital Services Tax
Chancellor Rachel Reeves maintains UK's Digital Services Tax despite US pressure, generating £800m from tech giants. Discover the political standoff and economic implications.
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