Record Insolvencies as Businesses Brace for National Insurance Tax Hike

Nigel “Company insolvencies have reached a 16-year high, with nearly 500 businesses collapsing each week. January saw 1,971 insolvencies, marking a 10.7% increase year-on-year and the highest level since the 2009 financial crisis. Many directors are opting for...
Chancellor Reeves Faces Fiscal Headwinds as Headroom Disappears

Chancellor Reeves Faces Fiscal Headwinds as Headroom Disappears

“Chancellor Rachel Reeves has exhausted her £9.9 billion fiscal headroom, leading economists to warn that tax increases may be unavoidable. Weak economic growth and rising interest rates have removed her financial buffer, leaving little flexibility for economic...

The Welfare System is Broken: A Complete Overhaul is Long Overdue

“This article highlights the inefficiencies and vulnerabilities of the UK’s welfare system, arguing that minor reforms will not address its deep-rooted problems. Nigel Holland criticises the PAYE tax system for making tax deductions painless for earners while...

Sunak’s Future Fund Sees £263m Loss as Start-Ups Collapse

Nigel Holland “A taxpayer-backed tech investment initiative launched by Rishi Sunak during the pandemic has suffered a substantial financial hit. The £1.1bn Future Fund, designed to support struggling start-ups, has seen its value plummet to £799m, as per the...