Britain has emerged as the most unpopular market worldwide among leading fund managers, as growth stalls and inflation lingers following Chancellor Rachel Reeves’s Budget. A monthly survey by Bank of America reveals the UK is the least attractive country for investors, ranking below bonds, cash, energy and utilities in terms of appeal. The findings come […]
Britain’s hospitality and retail sectors are gearing up for April’s looming tax hike on employers’ National Insurance contributions (NICs) alongside a sharp rise in the minimum wage, both of which have industry leaders warning of further job losses and price increases. Dominic Chapman, who runs The Crown Burchetts Green and Restaurant Dominic Chapman in Henley, […]
Gordon Ramsay is uniting his restaurant operations on both sides of the Atlantic through a deal that sees fresh investment flowing from US private equity house Lion Capital. The celebrity chef, 58, is merging the British and American arms of his global dining empire into a single entity, jointly owned on a 50–50 basis by […]
Lloyds Banking Group has been urged to release the complete version of a long-awaited review into whether it concealed a £1 billion fraud tied to the Reading branch of HBOS. Dame Meg Hillier, Chairwoman of the Treasury Committee, has called on Lloyds to publish a “full copy” of the Dame Linda Dobbs review—an independent investigation […]
UK employers are bracing for the largest wave of redundancies in a decade, as confidence among businesses plummets amid concerns over rising costs and tax hikes set to take effect from April. A new survey from the Chartered Institute of Personnel and Development (CIPD) has revealed that redundancy intentions are at their highest level in […]
Deliveroo has dismissed more than 100 riders as part of an ongoing effort to tackle illegal immigration within its workforce. The food delivery giant confirmed to MPs that 105 workers had been removed since April 2024 for illegally sharing their accounts with undocumented migrants. The company has faced increasing government scrutiny over the issue, with […]
Breadcrumb Trail Links Financial Times News Optimism at the prospect of tax cuts and lighter regulation has given way to anxiety over trade policies Author of the article: Financial Times Guy Chazan, Amanda Chu and Joshua Franklin in New York Published Feb 14, 2025 • 8 minute read United States President Donald Trump speaks after […]
Breadcrumb Trail Links Innovation News Canada’s Digital Services Tax, enacted last June, could be on the chopping block as trade negotiations continue Published Feb 14, 2025 • Last updated 32 minutes ago • 4 minute read United States President Donald Trump in the Oval Office at the White House in Washington, D.C. Photo by Andrew Harnik/Getty […]
TikTok is once again available for download in the US, after former president Donald Trump granted a 75-day extension on enforcing a law that would ban the app unless its Chinese owner, ByteDance, sells its US operations. The popular video-sharing platform, which has more than 170 million American users, briefly disappeared from Apple and Google’s […]
Concerns are mounting that UK businesses could face steeper trade taxes after former US president Donald Trump announced plans to introduce “reciprocal tariffs” that factor in VAT. Trump has instructed his team to develop a system where tariffs on imports match levies imposed on US goods, potentially affecting trade with the UK. While Britain was […]