
HMRC scores tax windfall from Lionesses’ Euro 2025 prize money
The Lionesses’ Euro 2025 win is expected to deliver HMRC a £788,900 tax windfall, with players facing a 47% marginal tax rate on bonuses, according to…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

The Lionesses’ Euro 2025 win is expected to deliver HMRC a £788,900 tax windfall, with players facing a 47% marginal tax rate on bonuses, according to…

Adidas will increase prices for US consumers after warning that new tariffs on Vietnamese and Indonesian goods will cost the company an extra €200m this year.

Robey Warshaw, the elite London advisory boutique that counts former chancellor George Osborne among its five partners, has been acquired by Evercore, the US investment banking…

BT has refunded or credited £18 million to EE and Plusnet customers after Ofcom found it failed to provide required contract information before sign-up.

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HMRC warns taxpayers to settle their bills by 31st July or risk 8.25% late payment interest and penalties. Payments on account apply to many self-employed and…

The UK economy received an unexpected lift earlier this year as businesses rushed to complete orders ahead of President Trump’s sweeping tariff regime, according to the…

The Ministry of Defence rejected £211bn worth of suspicious invoices over three years amid rising fraud concerns, following high-profile cases and calls for AI-based financial safeguards.

River Island warns it could enter administration unless landlords back a restructuring plan involving 33 store closures and rent cuts, with £10m needed by September.

UK businesses are slashing staff numbers at the fastest rate since February, hit by higher payroll taxes and US trade uncertainty, as PMI data signals weak…

The European Union has failed to secure any reduction in the punitive 50 per cent US steel tariff in the latest outline trade deal with Washington,…

LVMH reports a 9% fall in fashion and leather goods sales as luxury demand slows in the US and China. Group sales drop 4% as economic…

UK car and van production has fallen to its lowest level in 70 years, with industry leaders blaming US tariffs, plant closures, and a lack of…