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...

Inheritance Tax: A Crucial Step for Life Insurance Policyholders

Nigel Holland “Inheritance tax errors could be costing bereaved families up to £327 million, with nearly 7,000 families overpaying on life insurance payouts in 2021-22. Under HM Revenue and Customs rules, life insurance payouts are considered part of a deceased...

Reeves’s CGT Plan Could Cost Treasury £2 Billion

Nigel Holland “A proposed capital gains tax (CGT) hike by Rachel Reeves may cost the Treasury £2 billion, according to analysis. Economists warn that targeting investors, as anticipated in the upcoming Budget, could harm economic growth. Higher CGT rates could...

Potential Increase in Employers’ National Insurance Contributions

Nigel Holland Concerns Grow Over Potential Increase in Employers’ National Insurance Contributions “Amid a £5bn surge in government borrowing driven by public sector pay raises, Chancellor Rachel Reeves has hinted at tough financial decisions ahead. The...