Streeting: Equal Tax on Income and Capital Gains
Wes Streeting calls for equalising capital gains tax with income tax rates, aiming to raise £12bn annually and address wealth inequality in the UK.
Wes Streeting calls for equalising capital gains tax with income tax rates, aiming to raise £12bn annually and address wealth inequality in the UK.
SpaceX files for a $1.75tn Nasdaq IPO, seeking up to $80bn. The disclosure reveals billions in AI spending and Starlink's strong revenue, moving Musk closer to trillionaire status.
Capital solutions is becoming a key term in big law, as firms offer integrated legal and financial advisory services to clients.
Katie Price married Lee Andrews just two days after getting engaged. Now he's reportedly ghosted her. Here's everything we know about their whirlwind romance and his controversial past.
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RecommendedA study by Demos found AI chatbots gave wrong info to 34% of election queries, including fake scandals and wrong dates. Electoral Commission calls for new legal controls.
James Murdoch acquires half of Vox Media, including New York Magazine, in a deal worth $300m, marking his biggest acquisition since the family dispute.
Lincoln International's CEO announces a $421 million IPO to fuel expansion and acquisitions, aiming to strengthen its global advisory presence.
As Taylor Swift and Travis Kelce's wedding nears, legal experts weigh in on their potential prenup, given Swift's $1.8B net worth vs. Kelce's $90M.
PFU Limited has appointed Yasunari Shimizu as its new President and CEO, effective immediately. Shimizu brings extensive experience in imaging and IT solutions.
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RecommendedEmbracer Group announces it is exploring external partnerships to revive franchises like Deus Ex and TimeSplitters, despite a history of cancellations and studio closures.
Martin Lewis urges millions of young Brits born between 2002-2011 to check for unclaimed Child Trust Fund accounts, with average payouts of £2,240. Over 750,000 accounts remain unclaimed.
Impax Asset Management reports a revenue decline as the ESG-focused investor continues to prioritize cost control amid challenging market conditions.
AFH, a private equity-backed wealth management firm, is exploring a sale. Fenchurch Advisory and Ardea Partners are advising on the potential deal, which could value the company at over £500 million.
HSBC Private Bank has appointed Werner as senior UK executive, strengthening its leadership team in the region.
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RecommendedMeta plans to transfer thousands of employees to AI-focused roles as part of a major restructuring, impacting jobs across departments.
Euronext's CEO states that the company has limited opportunities for additional exchange acquisitions due to regulatory and market constraints.
Citigroup has appointed former JPMorgan banker Chuka Umunna to lead its UK dealmaking efforts, signaling a strategic push to expand advisory services in London.
Invesco plans to more than double its European ETF assets to €100bn within five years, leveraging growth in active ETFs and market expansion.
Rothschild & Co has appointed Citigroup's James Baldwin as global head of equities, strengthening its equity capital markets business. Baldwin brings extensive experience from his tenure at Citigroup.
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RecommendedWhitbread's five-year plan disappoints markets; Corvex Management demands a sale process for the £3.9bn Premier Inn owner, criticizing slow returns and urging suspension of key strategy features.
A jury ruled in favor of Sam Altman and OpenAI in their legal battle with Elon Musk, clearing the way for the AI firm's for-profit conversion and potential $1 trillion IPO.
Rothschild & Co has appointed UBS's James Hall as a managing director to bolster its investor advisory business, signaling a strategic expansion in the competitive financial advisory market.
TCI Fund Management has acquired a 5% stake in Deutsche Boerse following a decline in the exchange operator's share price, signaling confidence in the company's future.
Inter Milan are set to renew interest in Liverpool midfielder Curtis Jones, who enters the final year of his contract. Liverpool value him at £35m, but no extension has been agreed.
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RecommendedNorthern Trust's Pedro Guazo remains steadfast on responsible investment despite pushback, emphasizing long-term value and fiduciary duty.
Linklaters is recruiting expert witnesses to assist Hargreaves Lansdown in defending against claims related to the Woodford Equity Income fund collapse.
Explore the unregulated 'white monkey' industry in China, where foreigners are hired to lend prestige to businesses, from fake scientists to pretend CEOs, as the demand for global appearance persists.
Tech companies are slashing middle management, citing AI efficiency. Workers face reduced mentorship, support, and promotion paths as roles evolve.
Tesco CEO Ken Murphy's total pay jumped over £1m to £10.8m in 2025/26, as the grocer reported a 9% profit rise. His basic salary will increase 3% in May.
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RecommendedRachel Blake becomes the fourth City minister in two years. With a background in Treasury, housing, and anti-corruption, she faces calls for deregulation and growth.