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Business

  • 2026 Women’s T20 World Cup winners’ prize money frozen despite pot increase

    April 13, 2026

    Prize money for the winners of this summer’s Women’s T20 World Cup in England and Wales has been frozen despite the overall pot rising to a record $8.8m. The International Cricket Council has increased the prize fund by 10 per cent from the last edition in 2024 but the expansion of the tournament to 12 [...]

  • Gocardless axes 90 jobs as UK fintech targets profitability

    April 13, 2026

    UK fintech Gocardless has taken the chop to its workforce as the firm sets its sights on breaking into the black in the new financial year. The London-based firm, which specialises in bank-to-bank payment solutions, said it had made a redundancy provision for around 90 roles in the year ending 30 June 2025. This led [...]

  • Hungarian stocks surge as Peter Magyar topples Viktor Orban from power

    April 13, 2026

    Hungarian-listed stocks hit records high in early trading after Prime Minister Viktor Orban was toppled from 16 years in power following a sweeping election defeat. Budapest’s BUX jumped 3.3 per cent upon market open, before settling at a 2.7 per cent gain, trading at 136,481 points, a fresh record high for the index. Gains were [...]

  • Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy

    April 13, 2026

    British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]

  • ‘Mortgage mayhem’: Deal lifespans hit record low as interest rate cut hopes dim

    April 13, 2026

    Borrowers have been left in a “mortgage maze” after lenders frantically pulled deals due to the unfolding crisis in the Middle East leading to the lowest average shelf-life on record. The average mortgage was on the market for just eight days in March – the lowest since records began in November 2011. This marks a [...]

  • Rory McIlroy Masters win sets him up to break Tiger Woods prize money record

    April 13, 2026

    Rory McIlroy could eclipse Tiger Woods’s all-time PGA Tour prize money record this year following his successful defence of the Masters.  McIlroy held off the challenge of world No1 Scottie Scheffler, England’s Justin Rose and American Cameron Young to retain the Green Jacket at Augusta on Sunday. The Northern Irishman’s second Masters win earned him [...]

  • JCB heir: Inheritance tax raid could force us out of Britain

    April 13, 2026

    The heir to the billion-pound JCB fortune has warned that the government’s inheritance tax crackdown on family firms could force his father’s sprawling business empire overseas. Jo Bamford, whose billionaire father Anthony owns the digging equipment maker, said he could be forced to move abroad in order to safeguard the number of jobs at the [...]

  • Thousands of taxpayers to miss out on rebate as HMRC still sending cheques

    April 13, 2026

    Thousands of Brits are missing out on collecting their tax rebates after failing to cash in cheques sent to them by HMRC. According to an FOI from the i paper, the department issued 1,746,720 cheques last year, but 178,180 were never cashed. The cheques had a combined value of £144m, meaning taxpayers who failed to [...]

  • Rachel Reeves’ wealth fund pumps £600m into Rolls-Royce SMR

    April 13, 2026

    Rachel Reeves’ flagship wealth fund has announced a fresh heap of financing for Rolls-Royce SMR following its tie-up with Ed Miliband’s state-owned energy company. The National Wealth Fund has revealed a £599m financing package for Rolls-Royce Small Modular Reactors (SMR) in a bid to kick start delivery on its project with Great British Energy. The [...]

  • UK fintech Wise to downgrade London listing this quarter

    April 13, 2026

    Money transfer firm Wise has confirmed the timeline for switching its primary listing to the US with the move expected to take place this quarter. The UK fintech said during a fourth-quarter update that its results for the latest financial year will published in the US dollar, which it said was “reflecting the expected completion” [...]

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