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Business

  • Reform UK vows to raise VAT threshold to £150,000

    June 10, 2026

    Reform UK has announced it would raise the VAT threshold for small businesses from £90,000 to £150,000 despite long-running debates over the cost and benefits of reforming the tax.  Reform announced on Wednesday it would create a “fair deal for the White Van man” by increasing the VAT registration threshold to £150,000.  The party said [...]

  • Everton ‘surprised and angered’ at losing £40m legal case with Burnley

    June 10, 2026

    Everton have blasted the decision to order them to pay a reported £40m after losing a landmark legal battle with Burnley over the latter’s relegation from the Premier League in 2022. The Merseyside club said they were “surprised and angered” by the verdict from a Premier League independent disciplinary commission that Everton’s breaching of spending [...]

  • Kennedys tops £450m global revenue as Middle East conflict helps drive growth

    June 10, 2026

    Law firm Kennedys has reported its 12th consecutive year of growth, surpassing £450m for the first time, with the Middle East conflict partly driving revenue. The City-headquartered firm, which specialises in advising the insurance sector, has generated £457m for the financial year 1 April 2025 to 31 March 2026, up from £428m in the previous [...]

  • Fanzo: London-founded app bets on World Cup in US expansion drive

    June 10, 2026

    A World Cup is boom time for pubs and, by extension, Fanzo, as the tournament’s official venue finder pushes into the US, says founder Leo MacLehose. When World Cup fever grips football fans across England and beyond over the coming weeks, one London-founded business will have extra reason to cheer. Fanzo is the website and [...]

  • England named most valuable squad at 2026 World Cup, ahead of France and Spain

    June 10, 2026

    No pressure, lads – England have been named the most valuable squad of players at the 2026 World Cup, according to leading football academics. Thomas Tuchel’s 26-man group, featuring stars such as Harry Kane and Jude Bellingham, is valued at €1.454bn (£1.254bn) by the CIES Football Observatory, an independent research centre used by Fifa and [...]

  • Starmer dodges questions on funding for defence spending

    June 10, 2026

    Sir Keir Starmer dodged several questions over funding for an uplift in defence spending as he appeared to suggest that the full defence investment plan will take weeks to be published. Starmer refused to confirm the publication date for a 10-year blueprint on defence spending as he stuck to a commitment that it would be [...]

  • Government sets out conditions for unlocking ‘trapped capital’ in defined benefit pension schemes

    June 10, 2026

    The government has published a consultation setting out conditions on freeing ‘trapped’ capital from defined benefit pension schemes, in a bid to keep pace with the rapidly changing pension landscape and free up greater amounts of capital. The consultation, published on Wednesday by the Department of Work and Pensions, set out plans to give trustees [...]

  • For all their charm, digital banks still leave me tearing my hair out

    June 10, 2026

    I admire London’s digital banks. But three events in the past month have made me realise I’m not parting ways with my high street bank any time soon. The first was dodgy transactions that started showing up on my Revolut account. I was being charged for random TfL tube journeys. I had a feeling this [...]

  • West Ham sponsor Boyle Sports ‘extremely concerned’ by David Sullivan allegations

    June 10, 2026

    West Ham United sponsor Boyle Sports has expressed its serious concern at the allegations made against the club’s majority owner David Sullivan. Reporting by the BBC and The Times this week focused on claims that Sullivan had exploited his position as a publisher to pressure young women into sexual activity. Sullivan, 77, has strongly denied [...]

  •  Thames Water eyes return to London Stock Exchange while Pennon back in profit

    June 10, 2026

    There was a stark reminder for the City of the risks and rewards on offer to investors in water utilities on Wednesday, from two of the industry’s biggest names. One of them, Thames Water, is eyeing a return to the London Stock Exchange after a disastrous spell in private hands loaded it with debt and [...]

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