Stellantis will have to shoulder a €1.5bn (£1.3bn) hit from President Donald Trump’s swingeing tariffs on cars this year despite the trade deal struck between the European Union and United …
July 2025
Donald Trump slams North Sea oil taxes that ‘make no sense’
US President Donald Trump has slammed the UK for its high taxes on North Sea oil, which he described as a “TREASURE CHEST” for the UK. In an early morning …
Smart Pension invests £330m into Octopus Energy fund as Mansion House Accord bears fruit
Smart Pension has made a £330m investment into two funds managed by Octopus Energy in an early sign the Chancellor’s Mansion House Accord is beginning to bear fruit. The pensions …
Sky challenges Ofcom’s end-of-contract notification rule in latest legal bid
British media giant Sky is trying to appeal a regulatory ruling obliged it to notify customers their contract with the telecoms giant was coming to an end. Ofcom, the communications …
Rare Lionesses ‘Champions’ shirt almost gone as sales rocket 250 per cent
Special Lionesses replica shirts commemorating their Women’s Euro 2025 victory have almost sold out as fans revel in Sunday’s historic win. The Nike kit, which costs £125 and is emblazoned …
Dearth of international super-prime buyers opens market up for young Brits
The non-dom exodus and a dearth of super-prime buyers has pushed the price of London’s super-prime property down, shifting the buyer profile to younger domestic buyers. Prices are at a …
JP Morgan: Rachel Reeves could slash headroom to avoid large tax rises
Chancellor Rachel Reeves is poised to reduce her wafer-thin £9.9bn headroom even further at the Autumn Budget to avoid making sweeping tax rises, analysts at one of the world’s biggest …
Gusto: Restaurants to close and almost 200 jobs lost as rescue agreed
Almost 200 jobs have been lost at Italian restaurant chain Gusto after a deal to buy it out of administration was agreed. Cherry Equity Partners is to acquire the majority …
Vodafone boss faces renewed backlash over £120m franchise dispute
Vodafone’s annual general meeting was disrupted on Monday as former franchisees accused the telecoms giant of driving small business owners to the brink, amid a deepening £120m legal dispute over …
Uber rivals handed major VAT boost by Supreme Court
Rival taxi operators to Uber will not have to pay 20 per cent VAT on their profits outside London following a landmark Supreme Court ruling. The court has decided that …