Category: News

High Court hears lawyers representing 1.5 million motorists in diesel emissions claims may incur over £76m in fees, sparking accusations of excessive costs and over-lawyering.

UK inflation unexpectedly rose to 3.6% in June 2025, its highest in 16 months, driven by transport and food prices—casting doubt over a Bank of England rate cut in August.

Chancellor Rachel Reeves launches regulatory reforms and £20m City-backed campaign to get more Britons investing in shares, calling on regulators to ease restrictions and back growth.

UK borrowing costs may rise by at least £20bn due to falling pension fund demand for gilts, says the OBR, as the government faces a shift from long-term investors to more costly buyers.

More than a third of UK employees say stories about stricter return-to-office policies are affecting their wellbeing, with hybrid workers citing rising costs and stress, Hays survey finds.

The UK government reintroduces an EV grant worth up to £3,750 for electric cars under £37,000, favouring cheaper Chinese models while pricier brands like Tesla miss out.

EU warns Trump’s proposed 30% tariffs would cripple transatlantic trade. Brussels prepares €72bn in retaliatory measures as negotiations enter final weeks.

Bitcoin surpasses $123,000 as Trump’s pro-crypto stance and the US Genius Act drive record inflows into digital assets. Stablecoin regulation and bank-backed tokens in focus.

Jeremy Clarkson hits out after his explicit beer advert for Hawkstone lager is banned from TV, radio and cinemas for breaching UK advertising rules.

The UK faces major tax rises as the OBR warns of soaring debt and tough fiscal decisions, with pressure mounting on Chancellor Rachel Reeves to stabilise public finances.

Transport Secretary Heidi Alexander pledges to make EVs more affordable, as the government commits £88m to charging infrastructure—but avoids confirming £700m in purchase subsidies.

Campaigners urge UK government to protect whistleblowers under new equality bill mandating disability and ethnicity pay gap reporting for large employers.

Greene King CEO calls for pubs to be taxed on profit rather than turnover, blaming unfair business rates for widespread closures and a £147m annual loss.

Tata Steel has begun building its electric arc furnace in Port Talbot, backed by a £500m government grant. The project secures 5,000 jobs and cuts emissions by 90%.