
Red Bull paid Christian Horner £33.5m for loss of office, filings show
The Christian Horner payout from Red Bull Racing was £33.5m, recorded as compensation for loss of office in 2025 accounts.
The latest news affecting small and medium sized (SME) businesses in the UK

The Christian Horner payout from Red Bull Racing was £33.5m, recorded as compensation for loss of office in 2025 accounts.

The IoD says a reported Milburn Review delay should prompt ministers to slow the Employment Rights Act and pause plans to equalise youth minimum wage.

The Jaguar Type 01, an all-electric grand tourer priced from £130,000 in the UK, has been unveiled by JLR two years after a rebrand that drew…

Royal Mail job cuts will remove up to 2,500 head office and support roles by the end of 2027, with frontline delivery staff unaffected, the company…

AEG and Virgin Media O2 have extended the O2 naming rights partnership to 2038, with more priority tickets and first-time access to Indigo at the O2.

Invest NI will host British companies in London on 15 October after reporting that Northern Ireland investment secured with its support rose to £764m.

A possible Asos data breach is under investigation after an alert sent from the retailer's app told customers hackers had compromised a data platform.
![Britain has spent just over £1.51bn so far this year switching off wind farms and paying gas plants to replace them, more than the £1.47bn spent in the whole of 2025, according to Octopus Energy's Wasted Wind tracker. September was the costliest month on record at £404.3m. The costs are levied on households and businesses through energy bills. Neso forecasts total constraint costs of £3.2bn over the 12 months to July 2027, and the National Audit Office has said the bill could reach £7.8bn by the end of the decade. Read the full story: [ARTICLE URL] How much do energy costs weigh on your business? #Energy #WindPower #EnergyBills](https://bmmagazine.co.uk/wp-content/uploads/2026/10/shutterstock_2531262019-420x236.jpg)
Wind farm constraint costs have reached £1.51bn so far this year, passing the 2025 total, after a record £404.3m bill in September, Octopus Energy says.

Bradford is the UK city where charity shops face the greatest challenges, a Co-operative Bank ranking finds, while Norwich has the most shops per head.

Andy Haldane, an informal adviser to Andy Burnham, has cautioned against budget tax rises and said the government must show it can cut public spending.

John Healey told the heads of Britain's biggest lenders he has made no decision on a bank windfall tax, after they warned it would deter investors.

Salon owners and workers have signed an open letter calling for hair salons VAT to be halved to 10 per cent, citing job losses and falling…

Lisa Nandy has issued a Public Interest Intervention Notice over the BT TalkTalk deal, citing a risk to life, and told the CMA to report by…