Category: News

HSBC has lifted its bonus pool to $3.9bn after posting stronger-than-expected profits, as CEO Georges Elhedery pushes a “high performance culture”.

Reform UK has pledged to abolish the Renters’ Rights Act if elected, prompting warnings from property experts that scrapping the law could increase instability without lowering rents.

Rachel Reeves’ entrepreneurship adviser Alex Depledge has faced criticism after saying Britain does not need more restaurants, angering hospitality leaders.

Lord Mandelson was arrested on suspicion of misconduct in public office, with police reportedly concerned he could leave the UK.

Policy Exchange claims the UK’s HR sector is disproportionately large and costs businesses £10bn a year, criticising equality and diversity regulations.

Daily incidents of violence against UK retail workers have fallen to 1,600, but industry leaders warn levels remain far above pre-pandemic norms.

FedEx has filed suit against the US government seeking a full refund of tariffs imposed under Donald Trump after the Supreme Court ruled them unlawful.

The British Chambers of Commerce warns President Trump’s new 15% global tariff could harm 40,000 UK exporters and weaken global economic growth.

The government says special needs spending will continue rising until 2030 despite SEND reforms, with EHCP numbers expected to grow before stabilising.

UK job vacancies have fallen to their lowest level since 2021, with graduate roles dropping sharply as national insurance rises and AI adoption curb recruitment.

West Yorkshire Mayor Tracy Brabin is leading a business delegation to Switzerland and Germany to boost trade, investment and job creation across key growth sectors.

Aston Martin has issued its fifth profit warning since 2024 and sold permanent F1 naming rights for £50m as US tariffs and falling deliveries hit earnings.