Category: News

Rachel Reeves heads a government delegation to Davos 2025, meeting global investors and British business leaders to boost UK infrastructure and green energy funding, amid tensions over higher employer national insurance.

Neville Taylor, linked to more than 400 UK firms, has been banned from directorships for nine years after an Insolvency Service probe found he helped struggling businesses dodge millions in debts, “subverting the insolvency system.”

Debt-laden Asda has emerged as the weakest performer among Britain’s biggest supermarkets this festive season, as new data from Kantar shows a steep 5.8 per cent drop in sales over the 12 weeks to 29 December, dragging its market share down from 13.5 per cent to 12.5 per cent.

Shein faces fierce scrutiny from UK MPs over forced labour concerns in Xinjiang, casting serious doubt on its proposed London IPO and £50bn valuation.

JPMorgan Chase is reportedly poised to mandate a full five-day office week for thousands of its employees, signalling a further clampdown on remote and hybrid working models introduced during the pandemic.

Mark Carney, former Bank of England governor and climate-focused economist, is weighing a bid for Canada’s premiership following Justin Trudeau’s resignation.

Britain’s retailers have suffered another blow after budget-conscious consumers reined in their Christmas spending, disappointing hopes of a bumper festive season and leaving the “golden quarter” with only muted growth.

Concierge group Quintessentially, co-founded by Sir Ben Elliot, flags “material uncertainty” amid £15m loan deadlines and net liabilities of £29m.

UK firms cut jobs at the fastest rate in four years in December, according to the latest PMI survey, with hiring freezes and layoffs triggered by higher employer NICs and a gloomy outlook.

Retail giant Next has defied expectations for the crucial Christmas trading season, posting stronger-than-forecast sales but cautioning that a spike in wage costs will lead to higher prices this year.

Errol Musk, father of Elon Musk, has sparked controversy by likening Tommy Robinson to Nelson Mandela and predicting he could become UK prime minister. 

UK small businesses warn of layoffs as a new employment rights bill expands worker protections and raises costs.

Business confidence hits a two-year low after the chancellor’s £40bn tax hikes, yet a KPMG report predicts accelerated UK growth.