Category: News

UK high street braces for challenging Christmas season as new tax increases and rising wage costs threaten retailer profits and investment.

Unite union warns of legal action over cuts to winter fuel payments, arguing the policy leaves millions of UK pensioners at risk as colder months set in.

Over 1,000 employees across 17 UK businesses start a six-month trial of the four-day workweek with no reduction in pay, aiming to boost work-life balance and productivity.

n official review brands the Treasury’s bank referral scheme a “total failure,” with only 5% of referred small businesses securing finance. Discover the challenges impacting SME lending in the UK.

Private schools plan to sue Labour over VAT on fees, arguing it discriminates against special-needs and arts-focused institutions. Learn more about the legal challenge and its potential impact.

Chancellor Rachel Reeves’s £40bn tax increase, including hikes in National Insurance and Capital Gains Tax, is projected to slow the UK’s economic growth. Discover the implications for businesses, investors, and growth prospects.

In an unprecedented move, a Russian court fines Google $20 decillion over YouTube bans on pro-Kremlin channels. Discover the astronomical figure’s backstory and Google’s response.

Rachel Reeves announces the first Labour budget in 14 years, and the first to be delivered by a female Chancellor.

In her maiden Budget, Chancellor Rachel Reeves will urge the Bank of England to prioritise climate change on par with economic growth, reversing Jeremy Hunt’s 2023 decision. Learn how this shift could impact UK policy.

With speculation mounting over an inheritance tax raid in the Budget, investors are withdrawing funds from UK stocks, particularly small and mid-cap firms. Discover how Budget uncertainty is impacting UK equity markets.

The UK’s minimum wage will increase to £12.21 in April 2025, benefiting over three million workers. However, businesses warn the hike could impact hiring, investment, and consumer prices.

Shop price inflation in the UK drops to its lowest level in over three years, with food prices falling as interest rate cuts loom. Discover how economic shifts are impacting UK retailers and consumer spending.

The UK car finance industry faces turmoil after a landmark court ruling on commission disclosure. Major lenders pause credit services, raising fears of significant market disruption and possible financial fallout for banks.

Evri has been rated the UK’s worst delivery company for the second consecutive year, with 44% of customers reporting service issues, according to Ofcom’s latest review.

Jeremy Hunt accuses the OBR of political bias over the timing of its review on budget day, scrutinising the past government’s transparency with the fiscal watchdog.