Category: News

John Lewis CEO Nish Kankiwala criticizes Chancellor Rachel Reeves over increased National Insurance and delayed business rates reform, joining retailers’ backlash against the Budget’s impact on costs.

HM Revenue & Customs (HMRC) has reported a significant increase in tax receipts, providing a much-needed boost to the government following criticism over the recent budget.

The brewing controversy over mis-sold car loans has forced Santander UK to set aside £295 million to potentially compensate aggrieved motor finance customers.

Bitcoin hits $94,000 as Trump pledges to make the US the “crypto capital,” fueling optimism for a pro-crypto regulatory environment and pushing inflows into digital assets.

Moody’s warns that the mis-selling scandal in motor finance could cost lenders up to £30bn in compensation, mirroring the PPI crisis and impacting both major banks and smaller lenders.

UK inflation hit 2.3% in October, exceeding forecasts and the Bank of England’s target, due to rising energy bills. Learn how higher costs impact the economy and future interest rates.

Bank of England Governor Andrew Bailey warns that employer National Insurance hikes could delay future interest rate cuts, as businesses face rising costs and potential job losses.

France launches “Choose France” campaign in UK to attract businesses amid tax concerns, featuring adverts in major newspapers and aiming to capitalise on investment opportunities.

Farmers stage mass protest against UK government’s inheritance tax changes, calling them a “betrayal” that threatens family farms. NFU disputes Treasury figures, urging policy reversal.

Businesses consider moving tens of thousands of UK jobs abroad after Reeves’s National Insurance hike, as recruiters warn of offshoring to cope with increased costs from the Budget.

Analysts warn that Donald Trump’s proposed tariffs could cost the UK economy £20bn, urging ministers to bolster green technology to mitigate the impact.

Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes.

Female board members in FTSE 100 firms earn 69% less than men, highlighting a persistent gender pay gap. Discover how women’s roles and pay differ at the top of UK businesses.

Evri doubles profits to £119m after a record-breaking year with 14.9% growth in parcel deliveries. Learn how strategic investments and rising demand for second-hand goods boosted its performance.

Farmers are set to protest over inheritance tax changes, claiming they threaten family-run farms. Ministers insist most won’t be affected and unveil food supply contingency plans.