Income tax is often viewed as a permanent feature of the UK tax system, but historically it began as a temporary wartime measure. Its origins lie at the end of the eighteenth century, when the British government faced the enormous cost of financing the war…
Month: March 2026
How a prolonged Iran war could affect the UK cost of living
The continuing conflict involving Iran has raised concerns about its potential impact on the global economy. While the fighting is taking place thousands of miles from the UK, events in the Middle East often have significant economic consequences around the world. If the conflict continues…
Why UK businesses are accelerating their adoption of artificial intelligence
Artificial intelligence has moved from a future concept to a present day business issue, and over the past week it has been one of the most talked about topics among UK companies. What is driving this surge of interest is not just innovation, but a…
Spring Statement 2026
The Chancellor's Spring Statement, presented to Parliament 3 March 2026, was packed with political content that has no real impact for UK taxpayers, business owners or employees. The substance of her presentation was a summary of the Office for Budget Responsibility (OBR) Economic and fiscal…
