Fawn and India Rose James, the granddaughters of late property and publishing magnate Paul Raymond, have received £23 million in dividends from the family’s billion-pound Soho property empire following another record year of rental income.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Labour considers scrapping North Sea windfall tax in dash for growth
Chancellor Rachel Reeves is weighing plans to scrap the windfall tax on North Sea oil and gas producers in a bid to boost investment and revive economic growth.
All vboard: Virgin Group cleared to launch cross-Channel rail rival
Virgin Group has been given the regulatory go-ahead to move forward with plans to operate a new international train service through the Channel Tunnel, paving the way for the first serious competition on the route in three decades.
Organised crime gangs dumping millions of tonnes of waste in British countryside
House of Lords inquiry warns large-scale fly-tipping costs the UK £1bn a year
SpudBros blasted for ‘bullying’ small UK business in name dispute
Viral TikTok potato sellers face backlash after Portsmouth trader says he was threatened with legal action over similar name
‘Ridiculous’ to blame OBR for Budget mess, says Hunt
Former chancellor accuses Reeves of ‘shrinking the economy’ with record tax rises as productivity downgrade deepens Budget crisis
Aston Martin losses surge 800% as Trump tariffs and China slowdown hit luxury carmaker
British marque blames US trade war, weak Chinese demand and cyber disruption across auto industry for sharp quarterly slump
Mahmood admits Home Office ‘not fit for purpose’ amid crises and staff exodus
The new home secretary Shabana Mahmood has admitted that the Home Office is “not yet fit for purpose” and has repeatedly failed to rise to the scale of multiple crises — from illegal migration to asylum accommodation and internal leadership churn.
ChatGPT firm hits $500bn valuation in landmark profit shake-up
OpenAI takes on new investor-friendly structure as Microsoft deepens AI partnership
BT weighs move into low-cost mobile market as Revolut and Monzo eye launches
BT is exploring plans to launch a low-cost mobile brand to compete with fintech entrants such as Revolut and Monzo, as virtual operators gain market share in the UK’s telecoms sector.
Global stock markets surge to record highs as Apple hits $4 trillion valuation
Apple becomes the world’s first $4 trillion company as the FTSE 100 and Wall Street indices hit record highs amid investor optimism and expectations of a Federal Reserve rate cut.
UK secures £8bn Typhoon fighter jet deal with Turkey in major export breakthrough
The UK has signed an £8bn deal to supply Turkey with 20 Typhoon fighter jets — the largest UK defence export in nearly two decades, safeguarding thousands of jobs and strengthening NATO ties.
Trump Media to launch world’s first social media prediction market in deal with Crypto.com
Trump Media will launch “Truth Predict” — the world’s first embedded prediction market on a social media platform — through an exclusive partnership with Crypto.com, marking a bold fintech expansion for the Truth Social parent company.
Amazon to cut 14,000 corporate jobs as AI reshapes workforce
Amazon will cut 14,000 corporate jobs as part of a major restructuring to streamline operations and accelerate its multi-billion-dollar investment in artificial intelligence.
Pressure mounts on LinkedIn to close account of jailed stalker Sam Wall
LinkedIn is under growing pressure to shut down the account of convicted stalker Sam Wall, who was jailed for more than two years for a “deliberate and calculated” campaign of harassment against prominent entrepreneurs — yet remains active on the platform.
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