Wealthy families are fast-tracking estate transfers to their children amid concerns over potential inheritance tax changes under a Labour government.
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
160,000 Rental Properties Lost as Landlords Exit Market Amid Rising Costs and Regulatory Uncertainty
Soaring interest rates and uncertainty over the Renters Reform Bill have led to a significant reduction in available rental properties in Britain, with 163,000 homes disappearing from the market since 2019.
First-Time Buyers Turn Away from New Builds Post-Help to Buy
The cessation of the Help to Buy scheme and higher mortgage rates have led to a significant drop in new-build property sales before completion, with first-time buyers favouring smaller, second-hand homes.
Young Women’s Knicker Purchases Fuel £1bn Sales Boost at M&S
Marks & Spencer sees a surge in sales driven by increased demand for lingerie among younger women, marking its strongest performance since 1997. CEO Stuart Machin’s turnaround strategy shows promising results.
National Grid’s £7 Billion Fundraising Sparks Market Turmoil
National Grid announces a £7 billion rights issue to finance a £60 billion investment in energy infrastructure, triggering steep falls in energy and water shares amid election uncertainties.
Trustpilot Removed 3.3 Million Fake Reviews in 2023 Amid Record Surge in Total Reviews
Trustpilot’s latest report reveals the removal of 3.3 million fake reviews in 2023, leveraging advanced technology to uphold platform integrity amidst a record 54 million reviews published.
London Office Market Poised for Recovery as Great Portland Estates Seeks £350m Investment
reat Portland Estates seeks £350 million from shareholders to capitalise on the recovering London office market, aiming to buy and develop high-quality office spaces.
How do you scale a business? Unlock potential through growth capital
With more than 99% of the UK’s 5.6 million businesses classed as small or medium enterprises, SMEs form the backbone of the UK’s economy. Despite this, according to the government’s Insolvency Service, the number of businesses in England and Wales that went bust last year hit a 30-year high.
University Joins £3m Campaign to Drive Midlands Economic Growth
The University of Lincoln, UK, has joined a groundbreaking coalition of 17 universities, in support of a £3m international campaign which has been launched this week to drive economic growth in the Midlands.
Entrepreneurial Boom in Southern Seaside Resorts
Southern England’s coastal towns like Bournemouth and Sidmouth are thriving hubs for small businesses, while northern seaside areas lag behind, highlighting a growing north-south divide in entrepreneurial activity.
Unique Delivery Duty Paid delivery service extended for businesses trading with the Republic of Ireland
The Office for National Statistics estimates that British exports of goods to the Republic of Ireland amounted to £28bn in 2023.
Anne Robinson Gives Away £50 Million Fortune to Avoid Inheritance Tax
Anne Robinson, former host of Countdown and The Weakest Link, has given away her £50 million fortune to her family to avoid inheritance tax, expressing her desire to keep it from the taxman.
BT Scraps Digital Landline Switch Deadline Amid Vulnerability Concerns
BT has delayed the switch from copper-based landlines to internet-based services until January 2027 due to concerns for vulnerable customers. The revised timeline aims to ensure better safeguards.
‘Stealth taxes’ dragging 6.5m taxpayers into higher tax bands
The Liberal Democrats have found that 6.5m UK taxpayers are being dragged into a higher tax band as a result of Conservative party budgets, including 15,000 in Chancellor Jeremy Hunt’s own constituency – a finding described as “damning” for the government with a general election looming.
Raspberry Pi announces London IPO listing in win for city’s stock exchange
Raspberry Pi has confirmed its intention to pursue an IPO in London in a win for the city’s beleaguered stock exchange.
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