Nigel Farage has called for the VAT threshold to be raised to support small businesses, warning that lowering it would stifle growth and increase bureaucracy.
Category: News
Stay informed with the latest UK self-employed news, small-business policy changes, tax updates and freelancer market trends.
National Theatre launches new training drive to nurture next generation of backstage talent
The National Theatre has opened applications for three major training programmes for young creatives, tackling the UK’s backstage skills shortage and boosting access to creative careers.
Income tax raid ‘would hammer the self-employed’, warns industry body
Rachel Reeves has been warned that a £6bn income tax raid in her forthcoming Budget could hit the self-employed hardest, discouraging new entrepreneurs and breaking Labour’s pledge to protect working people.
Self-employed workers lose 17 hours a month to business admin, new study reveals
The average self-employed worker spends 17 hours a month on business admin — time that could earn an extra £3,000 a year — according to new research from Virgin Money ahead of the government’s Making Tax Digital rollout.
MPs urge Reeves to raise gambling taxes despite industry ‘scaremongering’
MPs on the Treasury select committee have urged Chancellor Rachel Reeves to raise taxes on the most addictive gambling products, dismissing industry warnings as “scaremongering” ahead of the November Budget.
Bank of England holds interest rates at 4% as Rachel Reeves’ Budget looms
The Bank of England has held interest rates at 4% as policymakers weigh stubborn inflation and weak growth ahead of Chancellor Rachel Reeves’ crucial November Budget.
Wealthy investors pour record sums into offshore bonds amid rising UK tax burden
High earners are investing record amounts — £10.5 billion in a year — into offshore bonds in Ireland, Luxembourg and the Isle of Man, as looming UK tax rises drive demand for tax-deferral opportunities.
Ex-John Lewis boss warns UK faces £85bn sickness bill and economic crisis
Sir Charlie Mayfield warns Britain risks an “economic inactivity crisis” as sickness drives 800,000 out of work, costing employers £85bn a year and the economy £212bn.
AI firm Stability AI wins High Court case against Getty Images over copyright claims
Stability AI defeats Getty Images in a landmark UK copyright case. Judge rules AI model Stable Diffusion is not an “infringing copy,” fuelling calls for new UK regulation.
Big Short investor Michael Burry places $1.1bn bet against leading AI stocks
Michael Burry, famed for predicting the 2008 crash, bets $1.1bn against Nvidia and Palantir as Wall Street warns of an AI bubble and possible 10% market correction.
Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm
Chancellor Rachel Reeves sets the scene for a manifesto-breaking Budget tax raid, blaming Brexit, Tory austerity and global turmoil as she claims the economy ‘is not working as it should’.
OpenAI strikes $38 billion deal with Amazon to supercharge AI computing power
OpenAI has signed a landmark $38 billion agreement with Amazon Web Services (AWS) to secure the immense computing power required to train and deploy its next generation of artificial intelligence systems — marking one of the biggest technology infrastructure deals ever struck.
Small exporters ‘left behind’ as larger firms surge ahead, warns BCC
The British Chambers of Commerce has warned of a “deeply concerning” gap between small and large UK exporters, urging government action to help micro businesses benefit from new trade deals ahead of International Trade Week.
Asda sells Leon back to founder after ‘junk food’ backlash
Asda has sold Leon back to co-founder John Vincent after criticism the supermarket was “destroying” the healthy fast-food brand, marking a dramatic U-turn four years after its £100m sale to the Issa brothers.
Mulberry chief urges Labour to scrap ‘unfair’ tourist tax as luxury sector reels from spending slump
Mulberry CEO Andrea Baldo has warned that Britain’s “unfair” tax regime is damaging competitiveness, urging Labour to reinstate VAT-free shopping for tourists to revive investment, jobs, and high street sales.
















