UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - October 30

How will UK tax rises on private equity’s carried interest work?

Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026

Business - Financial Times - October 31

Carried interest: private equity’s tax break

The lower-taxed performance fee has helped buyout firms’ executives amass personal fortunes

Business - Financial Times - October 27

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Higher UK air taxes will not deter private jet customers, industry bosses say

Passenger duty will increase 50 per cent for the largest private jets in 2026

World - Financial Times - November 1

Grant Thornton UK picks private equity over US merger

Accounting firm agrees to sell stake to buyout group Cinven

World - Financial Times - 2 days ago

Outgoing Manulife CEO says more scrutiny of private equity deals ‘welcome’

Roy Gori says increased oversight would be a way to reinforce confidence in the insurance industry

Business - Financial Times - 4 days ago

How private equity convinced Labour to go easy on its multimillion pound tax perk

The lobbying coup of the decade saw a major climbdown on the chancellor’s planned raid on carried interest. Nils Pratley: Rachel Reeves’s most irritating manifesto fudge “I’m glad I don’t have ...

World - The Guardian - October 31

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - October 30

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

UK's ultra-rich feel the pinch from Labour's tax-raising budget

Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.

Business - CNBC - November 5

UK Pizza Hut to raise funds after Budget tax hikes

The money could come from a sale of part of the business, or new investment from existing shareholders.

Private equity can now invest in NFL teams. Here's what it could mean for the league

In recent years, valuations of professional football teams have skyrocketed, boosted in part by soaring media rights packages.

Business - CNBC - November 13

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades

Business - Financial Times - October 30

UK borrowing costs soar day after Labour government unveiled tax-raising budget

U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.

Business - CNBC - October 31

Private equity eyes a deal with Reeves on carried interest

Labour’s agenda highlights tension between raising taxes and courting internationally mobile financiers

World - Financial Times - October 29

Why These Fast-Growing Companies Turned to Private Equity

PE firms get a bad rap. These CEOs partnered with them anyway.

Business - Inc. - November 7

Netflix Europe offices raided in tax fraud probe

The raid is part of an investigation in France and the Netherlands that began in November 2022.

The markets could have the final say on Trump’s tax cuts and tariffs

Financial markets could wind up as the final arbiter about whether he has gone too far.

Politics - The Hill - November 15

Exercising like this could give those over 40 extra years of life, research says

Exercising like the most active 25% of Americans can help those over 40 add an extra 5 years to their life on average, according to new research.

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees

World - ABC News - October 31

Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - November 1

Brits retiring abroad could avoid UK inheritance tax under new loophole

Budget measure allows anyone staying abroad for 10 years to avoid death duties on global wealth

World - Financial Times - 8 hours ago

Senators take aim at big private equity landlords as rents soar

With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.

Japanese lift maker Fujitec explores sale to private equity

Talks with multiple groups including Sweden’s EQT have taken place in recent months

World - Financial Times - October 30

Unilever shelves planned sale of its ice cream business to private equity

Chief executive Hein Schumacher wants to separate division as part of turnaround plan

Business - Financial Times - 2 days ago

Private equity landlords' screening process discriminated against renters, lawsuits contend

Two large private equity-backed landlords discriminated against prospective tenants by relying on faulty screening systems, according to two lawsuits.

Latest in UK tax raid on private equity could raise £1bn, say researchers