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...

Reeves Targets Private Pension Surpluses to Boost Economic Growth

Nigel Holland “Rachel Reeves has unveiled plans to allow businesses to tap into surplus funds from defined benefit pension schemes to drive economic growth. The Chancellor and Labour leader Sir Keir Starmer are engaging with top business leaders, including...

HMRC’s Gender Policy Sparks Backlash Amid Customer Service Failings

Nigel Holland. “Hundreds of civil servants at HMRC are being allowed to dedicate 20% of their working week—equivalent to one day—to promoting LGBT+ initiatives while retaining full pay. This policy, part of the Prism LGBT+ Network, has drawn criticism from...

Chancellor Weighs Pension Tax Reforms Impacting Middle-Class Workers

Nigel Holland “The UK Chancellor is considering a proposal to implement a flat 30 percent pension tax relief rate, targeting the pensions of higher and additional rate taxpayers. This change could see up to six million middle-class workers facing an effective 10...