Claudia Winkleman’s huge pay day thanks to the success of The Traitors and Strictly Come Dancing has been revealed. The TV presenter earned around £2m in the year ending April …
Personal Finance
Rachel Reeves to slap wealth tax on £2m homes
Rachel Reeves will reportedly impose a property levy on homes worth more than £2m, hitting 100,000 properties with a new wealth tax that is expected to raise just £450m. The …
OLX Group Reports Record Profitability with 49% Margin and Strong 22% Revenue Growth
OLX Group (“OLX”), a global online classifieds leader with nearly 60 million daily listings across seven markets1 and a subsidiary of Prosus, has reported strong financial results for the first …
Nvidia invests in Revolut as $75bn valuation secured
Nvidia has invested in London fintech Revolut as the firm secured a $75bn (£57bn) valuation in a secondary share sale. The chip giant participated in the share sale via its …
How the Budget could make your day at the football worse
In the countdown to the Budget, it’s hard to escape concern from industries ranging from hospitality and retail to fintech or leisure. However, one sector which should not be overlooked …
FTSE 100 Live: BHP abandons Anglo merger approach
Good morning from the City AM liveblog team. Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according …
Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes
In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and …
City of London policy chairman: Bank levy should be wound down
Financial and professional services underpin the country’s global competitiveness. The Budget should support, not punish, banks, writes Chris Hayward When the Chancellor rises at the despatch box this week, she will …
Bosses warn Reeves against ‘stop-start economy’
The boss of one of the UK’s largest industry groups is calling on Chancellor Rachel Reeves to avoid taking measures that lock in the country’s “stop-start economy” in a pre-Budget …
Brown Brothers Media Acquires European Startup Media Platform Silicon Canals
Brown Brothers Media, a Singapore-based digital publisher, announces the acquisition of SiliconCanals.com, the European technology startup media platform and community founded by Remco Janssen and operated under Proudly Media. The …