Britain’s family-run coach companies have been left reeling from the government’s changes to inheritance tax, a top transport lobby group has said, adding that many have been forced to urgently …
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HMV suspends plans for new shops as Budget hikes costs
HMV has suspended plans to open more new stores next year, blaming the decision on the government’s tax-raising Budget. The company planned to open multiple shops in the UK in …
Frasers tells Boohoo Mahmud Kamani must go: ‘His title might have changed but his grip has not’
Frasers has been quick to respond to Boohoo’s announcement that executive chair Mahmud Kamani will step back to vice chair, claiming it is not enough and he “must go”. This …
Homeowners face massive inheritance tax hike after Budget hit
London homeowners are going to be hit with an eye-watering 1,840 per cent increase in inheritance tax (IHT) liability, as a direct result of Rachel Reeves’ Budget changes, it has …
CMC Markets share price crashes after guidance remains unchanged
CMC Markets stock price crashed over 13 per cent today after it failed to upgrade its full-year guidance – a move that was widely expected by investors. The company’s share …
HSBC poaches Citi veteran to lead Innovation Banking
HSBC has poached Citigroup veteran Emily Turner to be chief executive of its Innovation Banking arm, formerly known as Silicon Valley Bank UK. Turner is due to join the bank …
Halma shares hit three-year high as FTSE 100 firm breaches record £1bn revenue
Shares in safety products conglomerate Halma soared to a three-year high on Thursday after the FTSE 100 group’s first-half revenue surpassed £1bn for the first time. The 130-year-old safety and equipment maker …
Surge in government borrowing raises threat of more Reeves tax hikes, economists warn
A sharp rise in government borrowing costs fuelled by pay rises for public sector workers and rising debt payments has raised the threat of future tax hikes, according to economists. …
George Russell: F1 drivers a bit fed up with FIA
Formula 1’s George Russell has hit out at the sport’s governing body, insisting some drivers are “a bit fed up” with the leadership of the FIA. Russell leads the Grand …
Great Britain triathlon star Alistair Brownlee retires
Alistair Brownlee might have done more than any other British athlete when it comes to leaving his sport in a better place than he found it. The 36-year-old has announced …