HM Revenue & Customs (HMRC) has clawed back nearly £70 million in unpaid taxes from footballers, agents, and clubs over the past year as part of a rigorous crackdown on tax avoidance schemes in the sport. This initiative has seen investigations launched into 20 football clubs, 83 players, and 21 agents since April 2023. The […]
The recent overhaul of London’s listing rules has made the UK’s stock market more attractive, according to Andy Hunter, Deputy Managing Director of CK Infrastructure, the first company to list under the new regulations. Hunter praised the reforms as “very welcome,” citing the streamlined process as a significant factor in the company’s decision to pursue […]
British holidaymakers planning trips to Europe will soon need to budget for a €7 visa waiver as the EU prepares to introduce its European Travel Information and Authorisation System (ETIAS) by the middle of next year. The EU has confirmed that the scheme, which applies to over 60 non-EU countries including the UK, is scheduled […]
OpenAI, the firm behind the widely known AI chatbot ChatGPT, has announced a significant partnership with global magazine giant Condé Nast. This multi-year agreement will see content from iconic publications like Vogue, The New Yorker, and GQ featured within OpenAI’s platforms, including its newly launched AI-powered search engine, SearchGPT. The deal marks the latest in […]
With traditional banks tightening their lending criteria, a growing number of UK entrepreneurs are turning to pawnbrokers to secure vital funding. H&T, Britain’s largest pawnbroker, has reported a surge in small business owners, including shopkeepers and builders, pledging personal jewellery and watches to obtain loans. Chris Gillespie, CEO of H&T, which operates 282 stores across […]
Female founders looking to scale their business are being given the chance to win £18,000 in business support as part of a competition that will see them pitch in front of a live audience to an experienced all-female investor-panel, including Holly Branson. The Female Founders Competition is a collaboration between freelance marketplace Fiverr and not-for-profit […]
For many UK workers, holidays are no longer a time to fully unwind, with a significant number finding it difficult to disconnect from work. New data from NatWest Premier highlights that two in five Britons continue checking their emails while on holiday, and the trend is particularly pronounced among high earners. The survey, which targeted […]
Leaders of private schools are urging the Treasury to delay the introduction of VAT on school fees, warning that a January implementation could trigger a mid-year surge of pupils into the state sector, placing unsustainable pressure on already stretched resources. Independent schools are set to raise fees by up to 20 per cent from January, […]
UK small and medium-sized enterprises (SMEs) are setting their sights on ambitious growth plans following a year of strong performance, according to a recent survey by Shawbrook. The survey, which focused on businesses that experienced growth, found that 44% of these SMEs are considering an initial public offering (IPO) within the next five to ten […]
Pret A Manger has been revealed as the high street coffee chain with the steepest price increases over the past five years, with the cost of their most popular drinks rising by an average of 51%. According to research conducted by Stocklytics, Pret’s americano has seen the most significant hike, jumping by £1.41 since January […]