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Wimbledon winners face £1m UK tax bills despite non-resident status
Decline in pension fund demand for UK bonds could drive £20bn surge in borrowing costs, OBR warns
Fear of return-to-office mandates harming employee wellbeing, survey finds
New EV discount scheme offers up to £3,750 off electric cars under £37,000
Trump’s tariff threat would ‘cripple’ transatlantic trade, says EU negotiator as Brussels readies €72bn retaliation
Bitcoin hits new high as Trump’s ‘crypto week’ kicks off
Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned
We are heading for significant tax rises, warns OBR, as UK debt outlook darkens
Government pledges cheaper electric cars but ducks subsidy confirmation
Calls grow for whistleblower protections in UK’s new DEI pay gap bill

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9 July 201410 July 2014 In Business Business Matters

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Latest News

HM Revenue & Customs is expected to net a significant tax windfall from this year’s Wimbledon Championships, as the tournament’s ever-increasing prize pot pushes more players into higher UK tax brackets.

Wimbledon winners face £1m UK tax bills despite non-resident status

Wimbledon winners Jannik Sinner and Iga Swiatek face UK tax bills exceeding £1 million each, despite being non-residents, due to HMRC rules on sports earnings and image rights.

Decline in pension fund demand for UK bonds could drive £20bn surge in borrowing costs, OBR warns

Fear of return-to-office mandates harming employee wellbeing, survey finds

New EV discount scheme offers up to £3,750 off electric cars under £37,000

Trump’s tariff threat would ‘cripple’ transatlantic trade, says EU negotiator as Brussels readies €72bn retaliation

Entrepreneur Focus…

Bonuses force Jonathan Ross’ talent agency into the red despite revenue growth

Talent agency Off The Kerb Productions, which represents Jonathan Ross and Michael McIntyre, posts a £1.8m loss despite turnover rising to £51.7m—bonuses to staff cited as key reason.

Raspberry Pi, the UK-based maker of affordable microcomputers, has reported stronger-than-expected profits in its first financial update since going public on the London Stock Exchange in June.

Raspberry Pi founder sells shares worth £1.8m after lock-up expiry

Raspberry Pi CEO Eben Upton and CFO Richard Boult sell over £2m in shares following lock-up expiry, triggering a share price dip despite strong IPO gains.

Marketing

More than 1.8 million people streamed, viewed, or downloaded The Rest Is Politics and The Rest Is Politics: US in under 24 hours, after both shows released emergency episodes in response to the US bombing of Iran over the weekend.

1.8 million tune in as emergency Iran episodes of The Rest Is Politics in 24 just hours

In business

Britain’s third heatwave in four weeks is not just pushing temperatures to Mediterranean levels—it’s also turning up the pressure on an already fragile economy.

Heatwaves take toll on UK economy as small businesses feel the burn

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