Category: News

Jet2 boss Steve Heapy warns Chancellor Rachel Reeves that further aviation tax rises will push up fares, hit demand and price lower earners out of holidays, as the airline posts record half-year revenues.

HP has lodged a final $1.8bn claim against Mike Lynch’s estate in the long-running Autonomy fraud case—far above the estate’s value and years after a High Court judgment found Lynch liable for civil fraud.

The CMA has opened investigations into eight companies — including StubHub, Viagogo, AA and Wayfair — over online pricing practices such as drip pricing and pressure selling, using new powers under the Digital Markets Act.

Experts warn the UK corporate register could shrink as Companies House introduces mandatory ID verification for directors and PSCs, increasing transparency and raising compliance risks for businesses.

Pub operators warn that Rachel Reeves’ expected rise in gambling machine duty could slash a £622m income stream, accelerate pub closures and push thousands of venues closer to collapse.

Joseph James O’Connor, jailed in the US for hacking celebrity Twitter accounts, has been ordered to hand over £4.1m in Bitcoin after a CPS civil recovery action.

Stonegate Group, owner of the Slug & Lettuce and Be At One chains, has opened preliminary talks with advisers about a disposal of part of its estate, according to industry sources.

Former chancellor George Osborne has emerged as a shock contender to succeed Sir Mark Tucker as HSBC chairman, joining Naguib Kheraj and Kevin Sneader on the shortlist for one of global banking’s top roles.

The Government will abolish Police and Crime Commissioners, redirecting £100m into AI, cyber policing and neighbourhood officers. Regional mayors will absorb PCC roles as part of a major policing reform to raise standards nationwide.

Leaders from some of Britain’s most influential companies were ushered into Downing Street on Wednesday evening as Sir Keir Starmer sought to shore up relations with business ahead of what is widely expected to be a painful, tax-raising budget later this month.

Rachel Reeves scraps plans to raise income tax ahead of the Budget after fears of backlash from MPs and voters, triggering a major rethink of her fiscal strategy.

Scottish salmon now contributes £1bn a year to Scotland’s economy, supporting 11,000 jobs and driving 25% growth, according to a new BiGGAR Economics report.

UK exports to the US dropped 11.4% in September to their lowest level since 2022, as Trump-era tariffs and sector disruptions weigh on British trade.

UK GDP growth slowed to 0.1% after a major fall in car production linked to the JLR cyber-attack, adding pressure on Rachel Reeves ahead of the upcoming Budget.