Etsy, the online marketplace focusing on handmade, vintage, and craft items, is facing significant backlash from sellers following its decision to ban sex toys and other erotic items. Effective 29 July, the new regulations will also prohibit items that expose body parts such as female nipples or the cleft between the buttocks when modelled. The […]
In a significant show of confidence, leading global investors have pledged their support for Chancellor Rachel Reeves’ ambitious plans to revitalise the UK economy by leveraging private sector funds. This endorsement comes as Reeves, the first female Chancellor appointed by Prime Minister Sir Keir Starmer, sets out to attract billions of pounds in investment for […]
Keir Starmer has reinvigorated his ministerial team by appointing a blend of former New Labour figures and external experts, continuing his strategy of building a “government of all the talents.” On Saturday night, Starmer brought back senior ministers from the New Labour era, including Douglas Alexander, who returned as an MP and was appointed as […]
HM Revenue and Customs (HMRC) is under increasing pressure to release estimates on offshore tax avoidance by some of the wealthiest individuals in the UK. This comes after the figures were withheld in a report published during the election campaign. In June 2022, Lucy Frazer, then the financial secretary to the Treasury, committed to publishing […]
The US economy added 206,000 jobs in June, signalling a slight cooling in the labour market, according to the latest data from the Bureau of Labor Statistics (BLS). This figure aligns closely with economists’ expectations and represents a modest decline from the revised 218,000 jobs added in May. June’s unemployment rate edged up to 4.1%, […]
Jonathan Reynolds has been named the UK’s new Business Minister following Labour’s victory in the General Election. With the Labour Party’s ambitious pre-election promises to support small businesses, all eyes are now on Reynolds to deliver on these commitments and drive economic growth. This appointment comes amid growing anticipation and expectations from various business groups, […]
Will Labour’s manifesto have the positive effect that business owners desperately need? It’s the day that many people have been waiting for, after a 14 year Conservative rule in government the British public have voted and Labour has won by a landslide. But how will this impact SMEs? I set out to find out the […]
With Sir Keir Starmer leading Labour into Downing Street after a landslide victory, businesses are poised to navigate a new political landscape. The honeymoon period might be short-lived, however, as Labour inherits deep-seated economic issues and faces immediate industrial crises. Thames Water Labour’s previous commitment to renationalising the water industry, a sector in dire need […]
Jeremy Hunt has narrowly retained his seat in Surrey, defying predictions that he would become the first chancellor in history to lose his seat in a general election. In a closely fought contest, Hunt won by just 891 votes, a stark contrast to earlier exit polls that had given him only a 19% chance of […]
Jessops, the iconic 89-year-old camera retailer owned by Dragons’ Den star Peter Jones, is on the brink of closure after HM Revenue & Customs (HMRC) issued a winding-up petition due to unpaid taxes. This development marks a critical juncture for the struggling retailer, which has entered administration three times in the past four years. If […]