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“A top Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2028.”

“Among the other measures to come is making higher tax-free mileage rates permanent – with the 55p per mile rate for the first 10,000 business miles locked in, and increasing the rate above 10,000 miles to 35p per mile.”

“Aiming to harness the opportunities of AI to raise living standards, back UK businesses and support economic growth, the chancellor said he wanted to seize the opportunities of the technology as a central plank of Labour’s plan for growth.”

“AI companies have told ministers they have 12 months to head off public opposition to datacentres in the UK or risk US-style protests that could threaten their construction.”

“…k, Andy Burnham and his foreign secretary, Ed Miliband, restated the UK’s solidarity with the islanders’ desire to remain British, and promised legislation that might offer some protection against the financial damage imposed by Argentina’s economic…”

“…the director general of the British Chambers of Commerce (BCC), said she welcomed the prime minister reopening the Brexit battle lines despite the uncertainty it could create, arguing that the UK’s current trading relationship with the EU was bad for…”

“The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before chancellor John Healey’s budget.”

““Tax fears eased in Burnham’s ‘pro-business’ pitch to bosses,” is the lead story over at the FT.”

“Pre-tax profits surged 18% to £76.5m, while revenues climbed 14% to £148.6m, as music fans put aside cost-of-living concerns to see acts including Lady Gaga, Katy Perry, Radiohead and Usher.”

“One leaked file concerns the Santeda online casino network, which has been accused of illegally targeting vulnerable gamblers in the UK and has been fined in Spain for operating without a licence.”

“Andy Burnham will fight the next election with a pledge to finally fix the broken social care system, acknowledging that he is willing to expend political capital by asking taxpayers to cover the cost.”

“The surge in business comes while the banking sector lobbies against paying higher taxes in the UK.”

“Under the Starmer administration farmers had been hit with new taxes, including a loathed inheritance tax.”

“Healey has poached Athwal to be his senior special adviser from the business advisory group Flint Global, previously run by Andy Burnham’s chief of staff, the former Blair-era cabinet minister James Purnell.”

“From 2028, mayors will be able to keep a share of income tax generated in their areas – giving them greater scope to borrow for major infrastructure projects – as well as retain business rates from 2027 and raise further funds through a “tourist tax”.”

“Fears about AI are provoking larger concerns about wealthy corporate elites bribing politicians – not just to get generous subsidies for AI but also to reduce the corporate elite’s tax bills, kill off unions, slash social safety nets, deregulate Wall Street,…”

“In response to the growing clamour for tax cuts to support businesses and households hit by the cost of living crisis, the Liberal Democrat leader, Ed Davey, said at his party conference that the UK should cut fuel duty to offset some of the rise in petrol…”

“Back on shore, however, it is all business.”

“And, unfortunately, with the things that they’ve been doing, they’ve been encouraging the people who have created wealth to leave the UK because it’s just become uncomfortable for them for tax reasons or whatever.”

“The FTSE 100 company, which owns the UK rights to the US brands Gap and Victoria’s Secret as well as stakes in labels including Reiss and Joules, raised its expectations for full-year profits by £12m to £1.26bn.”

“Business leaders have criticised Labour’s higher taxes on employment and increase to the minimum wage for adding to a slowdown in the jobs market at a time when other costs are also rising for employers.”

“The people caught by inheritance tax are mostly home-owning middle-class families due to house price inflation, diligent savers, and small-business owners.”