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Preston North End FC in Talks with Potential Investor from Chelsea Suitors

Wales’ First Minister warns of potential UK breakup after May elections

CVC-backed Global Sport Group buys majority stake in Equine Network

Man injured and six arrested in Manchester city center shooting

Buyout firms eye £1.5bn takeover of private hospitals giant Spire

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Preston North End FC in Talks with Potential Investor from Chelsea Suitors

Wales’ First Minister warns of potential UK breakup after May elections

CVC-backed Global Sport Group buys majority stake in Equine Network

Man injured and six arrested in Manchester city center shooting

Buyout firms eye £1.5bn takeover of private hospitals giant Spire

Two teens charged with murder of 15-year-old boy in Guildford

Tories claim government in retreat on Chagos ‘surrender’ after Trump criticism | Politics News

Robert Jenrick and Kemi Badenoch have accused each other of dishonesty regarding a ‘special place in hell’ message. Jenrick claimed that Tory chief whip Rebecca Harris contacted him in 2024 with insults after he called for a reduction in foreign aid spending. Badenoch called Jenrick a liar and stated that it was time for him to move on since he had left the party. However, Jenrick later shared alleged messages from Harris, accusing her of not telling the truth. The feud between the two continues as they exchange accusations of falsehood. Robert Jenrick and Kemi Badenoch dispute ‘special place in hell’ message

TalkTalk seeks buyers for consumer and wholesale arms

Tories claim government in retreat on Chagos ‘surrender’ after Trump criticism | Politics News

Ene 24, 2026 Michael Bunting

Politics

Robert Jenrick and Kemi Badenoch have accused each other of dishonesty regarding a ‘special place in hell’ message. Jenrick claimed that Tory chief whip Rebecca Harris contacted him in 2024 with insults after he called for a reduction in foreign aid spending. Badenoch called Jenrick a liar and stated that it was time for him to move on since he had left the party. However, Jenrick later shared alleged messages from Harris, accusing her of not telling the truth. The feud between the two continues as they exchange accusations of falsehood. Robert Jenrick and Kemi Badenoch dispute ‘special place in hell’ message

Ene 23, 2026 Michael Bunting

News

TalkTalk seeks buyers for consumer and wholesale arms

Ene 23, 2026 Michael Bunting

Politics

Investigation launched into death of three-month-old baby boy with head injury.

Ene 23, 2026 Michael Bunting

News

Preston North End FC in Talks with Potential Investor from Chelsea Suitors

Politics

Wales’ First Minister warns of potential UK breakup after May elections

News

CVC-backed Global Sport Group buys majority stake in Equine Network

News

Preston North End FC in Talks with Potential Investor from Chelsea Suitors

Politics

Wales’ First Minister warns of potential UK breakup after May elections

Politics

Row over Welsh-only names for new Senedd constituencies sparks controversy

Mar 11, 2025 Michael Bunting

The new constituencies for the Senedd have been given Welsh-only names, in a move criticised by the former leader of the Welsh Conservatives. The number of Senedd constituencies has been…

News

CVC-backed M Group in talks to acquire Telent for £270m

Mar 11, 2025 Michael Bunting

An infrastructure services provider backed by one of the world’s biggest buyout firms is in advanced talks to buy rival Telent for about £270m. Sky News has learnt that M…

Glossary

What is tax-free allowance in the uk: everything you need to know

Mar 11, 2025 Michael Bunting

Understanding Tax-Free Allowance: What Is It and Why Is It Important in the UK? Understanding tax-free allowance: what is it and why is it important in the UK? The tax-free…

Politics

Boohoo rebrands as Debenhams Group amid strategic review

Mar 11, 2025 Michael Bunting

Boohoo, the struggling online fashion retailer, has rebranded itself as Debenhams Group. The company, which has been embroiled in a dispute with its major shareholder Mike Ashley’s Frasers Group regarding…

News

Trump tariff confusion leads to spike in uncertainty index.

Mar 11, 2025 Michael Bunting

If you’re already feeling overwhelmed by the sheer amount of news to ingest on Donald Trump’s tariffs plans in recent weeks, well, you’re not alone. One measure of «policy uncertainty»,…

Glossary

What is stamp duty reserve tax and how does it affect property buyers?

Mar 11, 2025 Michael Bunting

What is Stamp Duty Reserve Tax? Understanding the Basics Stamp Duty Reserve Tax (SDRT) is a tax levied on the purchase of shares and certain other securities in the United…

Politics

Hays, Capita, Petrofac. These are some of the most well-known companies in the UK recruitment industry. However, a recent investigation by Sky News has uncovered their involvement in large-scale tax avoidance schemes that affected workers placed in various jobs, including government roles in Whitehall. Many of these workers, such as agency workers and contractors, were paid through third-party umbrella companies that operated tax avoidance schemes. These schemes involved paying workers loans instead of salaries to evade income tax. While recruiters often recommended these umbrella companies, there is no implication that they were aware of the tax avoidance schemes being used. Nonetheless, the repercussions of these schemes have been devastating for thousands of workers who now face significant tax demands from HMRC. The UK government is now taking steps to hold recruiters accountable for the tax collected by umbrella agencies on behalf of the workers they supply. This move comes after HMRC successfully challenged tax avoidance schemes in court, leading to workers being asked to pay the missing tax. The impact of these tax demands has been severe, with some individuals facing six-figure bills. This has pushed many to the brink of bankruptcy and has even been linked to tragic cases of suicide. One such case is that of Manuel Bernal, who unknowingly became involved in a tax avoidance scheme while working as a piping supervisor through Atlantic Resourcing, Petrofac’s recruitment arm. Despite assurances that everything was above board, he later found himself facing a hefty tax bill from HMRC. The use of umbrella companies and tax avoidance schemes became widespread in the early 2000s as workers sought to navigate changing regulations. While tax avoidance is technically legal, the exploitation of loopholes in this manner has had devastating consequences for many workers. Petrofac, one of the companies implicated in these schemes, has since ceased using umbrella agencies following an internal review. However, the fallout from these schemes continues to impact thousands of workers who now find themselves grappling with unexpected tax liabilities. Major UK recruitment agencies involved in tax avoidance schemes have come under fire after workers were hit with hefty demands from HMRC. Some agencies encouraged workers to declare themselves as self-employed, while still paying them through PAYE. However, tax avoidance companies emerged in the market, keeping deductions rather than passing them on to the tax authorities. This led to a significant loss in tax revenue, prompting HMRC to pursue individuals for repayment instead of the companies. The schemes were labeled disguised remuneration, and the loan charge was introduced by former Chancellor George Osborne in 2016 to calculate tax on up to 20 years of income as if earned in one financial year. This caused severe financial strain for many affected individuals. Despite the crackdown on such schemes, new tax avoidance promoters continue to enter the market, with estimates suggesting there could be dozens of non-compliant umbrella companies involved. The government is now aiming to hold recruitment companies accountable for PAYE, rather than umbrella companies, as part of efforts to clean up the industry. However, those already impacted by these schemes have received little relief. While the government has initiated an independent review into the loan charge, focusing on helping individuals settle, it has not addressed the historical role of promoters and recruitment agencies in the issue. This has left affected individuals feeling abandoned, especially those who were working for the government itself. Stories of individuals like Peter, who attempted suicide due to the overwhelming demands from HMRC, highlight the devastating impact of these tax avoidance schemes. Recruitment agencies like Capita, which recommended umbrella arrangements to workers, are also under scrutiny for their role in promoting such schemes. The government’s reforms and crackdown on tax avoidance are a step in the right direction, but more needs to be done to address the grievances of those affected by these schemes. UK recruiters implicated in tax avoidance schemes as workers face hefty HMRC demands

Mar 11, 2025 Michael Bunting

Hays, Capita, Petrofac. These are some of Britain’s best known companies and big players in the recruitment industry. Now, a Sky News investigation has revealed how, over the course of…

News

US shares plummet as Trump refuses to rule out recession

Mar 11, 2025 Michael Bunting

The US economy took another hit on Monday as President Donald Trump expressed uncertainties about a possible recession. Tesla shares plummeted by 15% to $222, marking a significant decline from…

Glossary

What is the impact of brexit on taxation in the uk and beyond?

Mar 11, 2025 Michael Bunting

Understanding Brexit: An Overview of Its Economic Implications Brexit, the term used to describe the United Kingdom’s (UK) exit from the European Union (EU), has profound economic implications that affect…

Politics

Police watchdog near conclusion on Cardiff crash missing person probe

Mar 10, 2025 Michael Bunting

The investigation by the police watchdog into the handling of missing person reports after a tragic crash in Cardiff that claimed the lives of three young individuals is nearing its…

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