Category : Economy


NHS and MoD Urged to Buy British AI Tech Amid Crisis

Treasury minister Spencer Livermore announces a push for the NHS and Ministry of Defence to purchase British AI technology to drive growth, as Chancellor Rachel Reeves outlines economic strategy amid the Iran crisis and global uncertainty.

Wealthy Britons Flee Gulf, Avoid UK Over Tax Fears

High-net-worth individuals leaving Gulf countries amid Iran-US tensions are opting for European destinations instead of the UK to avoid significant tax bills, with advisers warning HMRC will not be sympathetic.

HMRC Warning: High Earners Must Repay Child Benefit

HM Revenue and Customs alerts parents earning over £60,000 about the High Income Child Benefit Charge, requiring repayment of some or all benefits, with 440,000 individuals paying £525 million last year.

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