The 20 Premier League clubs have broken the record for the amount spent in a single transfer window, splashing £2.37bn. The transfer of striker Noah Okafor from AC Milan to …
August 2025
Rachel Reeves’ stealth tax raid to slap extra £7,000 on high earners
Rachel Reeves would force Britain’s high earners to face a mounting tax burden if she opts to extend the freeze on income tax thresholds in the autumn Budget. The Chancellor …
Services lead ‘fragile and uneven’ business activity rebound
Business activity in the UK’s private sector enjoyed its strongest rebound in a year this month, but economists have cautioned the growth remains “fragile and uneven.” S&P’s Global flash UK …
Week in Business: Will Reeves Launch a Massive Tax Raid on Property and Pensions?
Play Video We interrupt your summer holiday to bring you news of fresh taxes on property, pensions and inheritance. God help us all. We know the Treasury’s favourite summer holiday …
UK firms pin hopes on US trade growth despite tariffs
UK exporters to the US believe their sales will grow more than firms selling goods and services to other markets, a new survey has found, boosting hopes that trade will …
Work and study visas fall in push to reduce immigration
Work visas issued to migrants have fallen by 36 per cent compared to last year, fresh data has revealed, as tightened rules on skilled workers and care providers have lowered …
UBS invests in AI data platform amid financial services shift
UBS, the world’s largest wealth manager, has announced an expansion of its partnership with enterprise AI platform provider Domino Data Lab, which includes a new equity investment. The move signals …
WH Smith shares tumble after retailer admits accounting blunder
Shares in WH Smith tumbled on Thursday after the newsagent and travel retailer admitted to an accounting blunder that has wiped tens of millions of pounds from its profits. The …
Retail giants warn Reeves her tax plans risk UK living standards
Tesco, Sainsbury’s and John Lewis, along with other UK retail heavyweights, have issued a direct warning to chancellor Rachel Reeves, arguing that her government’s tax policies could undermine its key …
Hays slashes dividend as profit plummets
London-listed recruitment firm Hays has reported a sharp drop in profit amid continued weakness in recruitment markets. The company is reducing its final dividend to 0.29 pence per share, resulting …