Tax rises in Autumn are now inevitable
Tax rises this Autumn now look inevitable after Labour’s welfare reforms collapsed. With markets rattled, Starmer forced into a U-turn, and Reform gaining ground, pressure is mounting ahead of the next Budget.
The US strikes Iran
The US strike on Iran’s nuclear sites marks a turning point, likely accelerating Tehran’s push for nuclear weapons while sidelining moderates and escalating regional tensions. As the UK faces rising threats from a growing Iran–Russia axis, its lack of military readiness is becoming a critical vulnerability.
A trade deal with the USA
Trump’s tariffs threaten UK exports in cars and pharma, but a weakening dollar and trade deal prospects offer a potential boost for UK industry.
Has Reeves tax gambit failed?
The UK economy contracts 0.3% amid job cuts and tax hikes. High earners are leaving, companies are downsizing, and urgent reform is needed to avoid deeper decline.
The rise of AI
Our CEO James Chaplin attended the APSCo IT Forum this week, where the conversation on AI highlighted the sharp contrast between sectors already integrating AI and those still defining their strategy.
Financial Services reform is coming
On July 15, the UK Chancellor will unveil major financial services reforms—including changes to pension fund investment rules, banking ringfencing, and crypto regulation–to boost a sector that makes up 8.8% of the UK economy but has stagnated since Brexit.
