Thursday newspaper round-up: Property taxes, Ryanair, Addleshaw Goddard
By Michele Maatouk
Date: Thursday 28 Aug 2025
(Sharecast News) - Speculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said. Rachel Reeves is reportedly considering a tax on the sale of homes over £500,000 and the removal of the capital gains tax exemption on primary residences above £1.5m as ways to boost income for the government. - Guardian
Ryanair will pay airport staff increased and unlimited bonuses of €2.50 for every non-compliant carry-on bag they take from passengers, the airline's boss has announced. Passengers whose cabin cases exceed the maximum dimensions for a small suitcase are charged fees of up to £75 and their luggage is taken into the hold. - Guardian
A leading green banking group founded by Mark Carney has paused all activities amid a growing backlash against environmental capitalism. The Net Zero Banking Alliance (NZBA) has halted operations following an exodus of the world's biggest banks in recent months, many of which quit the group after Donald Trump ramped up attacks on sustainable finance. - Telegraph
The founder of Octopus Energy has been appointed to an influential role advising the Government, weeks after Ed Miliband rejected his recommendations on energy pricing. Greg Jackson will become one of three non-executive members of the Cabinet Office board, providing him with a platform from which to challenge the thinking of ministers and officials. - Telegraph
A top-20 City law firm has bucked the market trend and frozen junior lawyer salaries to help fund higher bonuses for high-achieving associates and partners. Addleshaw Goddard, which is ranked 15th in the UK's list of law firm earnings, has reallocated £1 million that would previously have been spent on higher salaries for newly qualified solicitors to a new bonus fund worth £19 million. - The Times
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