Category: News

Andy Burnham says there is “room for movement” on tax, pledging a 20% business rates cut for pubs and higher levies on warehouses ahead of becoming PM

Sony will stop producing physical PlayStation game discs from January 2028, going digital-only in a move that ends more than 50 years of boxed video games and reshapes high street retail.

Boohoo boss Dan Finley tells 1,500 head office staff to ditch the grey tracksuit bottoms and return to the office full time to test clothes and spot trends.

Formula 1 is worth £12bn a year to the UK economy, with a record British Grand Prix crowd at Silverstone set to deliver a £100m boost, new figures reveal.

Andrew Bailey says cutting interest rates is ‘off the table’ as the Iran war stokes inflation, signalling the Bank of England will hold Bank Rate at 3.75% on July 30. What it means for SMEs.

TG Jones, WH Smith’s former high street business, has won High Court approval for a restructuring that will close up to 150 shops and slash rents to survive.

Coughlans Bakery, the 89-year-old chain co-owned by comedian Romesh Ranganathan, has gone into liquidation. Owner Sean Coughlan blames National Insurance, business rates and soaring costs.

MPs on the public accounts committee warn Northern Powerhouse Rail risks an HS2-style fiasco, with no detailed design after 12 years and a £45bn budget “decoupled from reality”.

Royal Mail is capping festive business collections at three times normal capacity, and small firms warn the limit could throttle growth during their make-or-break Christmas trade.

Getty Images has scrapped its $3.7bn merger with Shutterstock after the UK’s CMA made approval conditional on selling Shutterstock’s editorial arm.

Britain has overtaken India to claim the world’s third-highest number of unicorns, with a record 80 billion-dollar start-ups worth £242.4bn, led by fintech and AI.

UK business confidence slipped again in June as the Middle East war entered its fifth month, with factories hardest hit by energy costs, Lloyds finds.

Barclays has bought a 999-year leasehold on its One Churchill Place global HQ for £750m, in a deal hailed as a “strong endorsement” of Canary Wharf and London.