Identification checks for small businesses would be eased under a new Tory pledge to slash red tape and allow entrepreneurs to open bank accounts at a quicker pace. Andrew Griffith, …
Reform UK: Kent local authority poised to hike council tax
Reform UK-run Kent county council is likely to raise council tax next year, with a cabinet member suggesting that a five per cent hike is on the cards. Diane Morton, …
London City Airport’s profit has almost doubled
Profit at London City Airport almost doubled in 2024 thanks to a rise in passenger numbers, it has been revealed. For its latest financial year, the airport’s pre-tax profit increased …
Tesla to unveil lower-cost Model Y to revive sales momentum
Tesla is expected to unveil a long-awaited, lower-cost version of its Model Y SUV this week, as the American electric car giant looks to reignite demand amid slowing global sales and rising …
‘Unforgivable big companies don’t pay their fair share of tax’
The chief executive of Clearscore has said it is “unforgivable” that some big international companies don’t pay their fair share of UK tax. Speaking on an up-coming episode of City …
London’s Hippodrome Casino VAT recovery hopes dashed by Tribunal
London’s Hippodrome Casino has failed to overturn a ruling on the method used to calculate the tax recovery for residual input tax. The 24-hour casino, located in the heart of …
EY: UK financial sector prioritises tech-savvy hires in AI era
Over half of all of new non-executive directors appointed to British financial services companies over the past year have brought tech expertise, new research from big four accountancy giant EY …
London Film Festival 2025: Londoners should just turn up, say organisers
Organisers for this year’s London Film Festival 2025 are urging Londoners to just show up and see what’s available on the day. Many of the most popular films at the …
Regulators target motor finance CMCs amid redress costs concern
The Financial Conduct Authority is teaming up with a fleet of regulators to crackdown on misleading claims firms in the motor finance saga – even as the sector’s displeasure on …
Intel: UK revenue slashed by over £1bn as profit cut
Revenue at the UK arm of technology giant Intel has been slashed by almost $1.5bn (£1.1bn) as its profit was cut significantly during its latest financial year. The division of …