The brothers behind clothing brand Arne have raked in the cash after sales and profit at their company surged in 2024 ahead of the brand opening its first store. The …
Social Chain: Steven Bartlett’s first company returns to the black
Social Chain, the media agency which was co-founded by Dragons’ Den star Steven Bartlett, has made its first profit since 2021, it has been revealed. The business, which was also …
Voters oppose higher taxes and want Rachel Reeves sacked
The majority of UK voters would be opposed to higher taxes despite pressures on public finances, a new poll has found. Analysis by economists has suggested that Rachel Reeves will …
Live: FTSE 100 set for a slow start to September
It’s the first day of September, and for many in the city, the first day back after the August break. We’re expecting a busy week, and the City AM paper …
Business execs should snap out of summer slump quickly this year
As the Budget moves closer into view, it looks like business execs will be met with stark awakenings in post-August office reset, writes Chris Hayward As summer holidays fade into …
Large firms liable for fraud happening under their watch under new UK laws
Businesses could be prosecuted if they profit from fraud committed by one of their employees even if managers do not know about it, under new UK laws. The new “failure …
Change windfall tax to make £137bn by 2050, Chancellor told
Chancellor Rachel Reeves has been urged to reform the windfall tax in a move that could boost the economy by £137bn by 2050. Ahead of the start of its conference …
Local shops axe jobs and cut investment amid surging costs
UK convenience stores have cuts 2,000 jobs over an “extremely challenging year” after coming under pressure from soaring labour costs and fierce competition from supermarkets. The Association of Convenience Stores …
Reeves warned ‘sin taxes’ could fail to boost tax receipts
Labour officials have been warned that plans to boost government revenue by raising “sin taxes” could be judged harshly by the Office for Budget Responsibility (OBR) this year, with industry …
Firms mildly confident about growth after worst reading on record
Firm owners are now mildly confident about seeing their companies grow after July’s reading showed business confidence at the second-lowest level on record, according to a leading industry group’s monthly …