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 …
Investing
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 …
Tax-free pension lump sump could be slashed to fill Labour’s black hole
Tax-free lump sum withdrawals from pension pots could be slashed as Rachel Reeves scrambles for fresh ways to plug a £50bn hole in the public finances. The Chancellor is reportedly …
RFU backing of Red Roses can aid better English pro structure
So it begins. Red Roses vs USA at the Stadium of Light. Friday night, BBC 1. That’s a USA fielding the rugby player with by far the biggest social media …
UK government borrowing lower than expected
Chancellor Rachel Reeves oversaw lower government borrowing than expected in July, official data has revealed. Borrowing hit £1.1bn last month, making up the difference between income from taxes and total …
GPT-5 is terrible and that’s a good thing
GPT-5 failed to wow users, but its less flashy delivery signals a positive shift for AI from at-all-costs advancement to actual use-case, writes Lewis Liu I was carrying boxes of …
Scotch Whisky is trapped in a tax riddle
The UK’s nonsensical spirit tax regime is an own goal that punishes industries like Scotch Whisky, writes Mark Kent Why should a drink with three times the calories and twice …
Non-dom directors beware – leaving the UK comes with trade-offs
Running for the exit after Labour’s non-dom tax crackdown? Employment lawyer Chiara Muston outlines the trade-offs to consider Recent analysis has revealed there has been a significant increase in the …