Uber is locked in a battle with the taxman over nearly £1bn in VAT payments, which the ride-hailing app is seeking to recover through the courts. Since March 2022, HMRC …
June 2024
Week ahead: US inflation data could bolster case for Fed rate cut in September
The US Federal Reserve’s preferred measure of inflation is expected to show its coolest monthly reading since late 2023, offering hope that policymakers could start lowering interest rates in September. …
Election 2024: Cleverly says ‘no reason to believe’ cabinet ministers made bets
James Cleverly has said he had “no reason to believe” any cabinet ministers placed a bet on the timing of the general election. The home secretary told Sky News he …
Now private investigators involved in never-ending sale of Daily Telegraph: reports
Abu-Dhabi backed fund Redbird IMI has formally launched the sale of The Telegraph and The Spectator as bankers have tracked down one of the media group’s owners to serve him …
Labour could face £7bn bill to keep public sector unions onside: leading think tank
Labour would need to find roughly £7bn to fund pay deals due immediately after the general election, a think tank has warned, as unions demand public sector pay return to …
Wizz Air faces shareholder row over £15m exec payout plan
Wizz Air is facing yet another shareholder row over plans to pay out millions to top executives without any performance criteria. The budget airline business has previously faced trouble over …
Kingmaker Pepsi gives blessing to Carlsberg’s swoop for UK bottler Britvic
Pepsi has reportedly given its blessing to Carlsberg’s attempted takeover of Britvic, the American giant’s UK bottler, bolstering the possibility of a raised offer from the Danish beer firm. Executives …
Build, Baby, Build: A manifesto for London’s fourth housing boom
There is a vast amount of capital waiting to be invested in London housing, here’s how the British Property Federation’s Melanie Leech would unlock it… London needs another housing boom. …
Forget Rightmove, we need an Amazon for home buyers
Rightmove has been the dominant force in property portals for almost two decades. Currently the 5th most shorted stock in FTSE by investors, it is the indisputable leader in its …
Build, Baby, Build: We’ll never fix the housing crisis without private capital
It is only by close collaboration between the public sector, private companies and institutional investors that we’ll be able to deliver housing of all tenures at scale, stabilising the market …