Ministers have called for an end to tariffs on steel exported from the UK to the US, with a 25% charge still in place despite a deal to cut it to 0% being agreed in May. Gareth Stace, director general at UK Steel, said: “There has been nearly three months of uncertainty for business, of…

Experts have warned that higher inheritance tax bills could see thousands of family businesses struggle or even collapse. As of 2027, unspent pensions will be dragged into the inheritance tax net and accountants have warned that this will hit businesses that run their own individual pension schemes. The move will also mean many families will…

The global entertainment and media industry is projected to reach $3.5trn by 2029, driven by the increasing use of AI in advertising, according to PwC’s Global Entertainment & Media Outlook 2025-29. The industry is expected to grow at a compound annual growth rate of 3.7% until 2029, with non-digital categories like live events also contributing…

The Financial Reporting Council (FRC) has launched an investigation into Deloitte over audits related to mining and commodity trading company Glencore. The regulator said it is looking at the statutory audits of the financial statements of Glencore and Glencore Energy UK for the financial years ended December 31, 2013, to December 31, 2020. The FRC,…

Research by Onward and the Adam Smith Institutes shows that around 67% of the British public would support a policy offering wealthy investors tax incentives to stop them leaving the UK. The think-tanks have designed a plan to offer 15-year exemptions from foreign income, capital gains and global inheritance taxes to investors in UK growth…

The Deputy Prime Minister has called for councils to be given the power to introduce tourist taxes as a means to fill local coffers. The move aligns Angela Rayner with regional mayors including Sir Sadiq Khan and Andy Burnham, but the Chancellor is reportedly loath to introduce constitutional reforms that could take time to implement…