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Business

  • Burnham accused of imposing ‘top–down’ devolution 

    July 30, 2026

    Andy Burnham’s devolution agenda has been slammed over its “top down” approach after the Prime Minister unveiled new plans to share income tax revenue with local leaders.  Burnham, himself a former Manchester mayor, said regional leaders in England will begin receiving a “greater share of locally generated revenues” next spring as part of his push [...]

  • Uefa to boycott World Cup over Infantino’s Fifa sell-off following unanimous vote

    July 30, 2026

    All European nations have vowed to boycott the World Cup if Fifa proceeds with plans to sell off stakes in a new commercial vehicle following a Uefa crisis summit.  England’s Football Association and the other 54 members of European governing body Uefa held emergency talks today to discuss their response to Fifa’s proposal. All Uefa [...]

  • Gino D’Acampo restaurants face HMRC winding-up order

    July 30, 2026

    The company behind TV chef Gino D’Acampo’s restaurant empire has been hit with a winding-up petition by the UK tax authority. Upmarket Hotels & Leisure, which runs five British restaurants named after the former This Morning star, was served the petition by HMRC after a filing made to the High Court, as seen by City [...]

  • High interest rates and low confidence put construction firms under pressure, Lords warns

    July 30, 2026

    Construction firms have been hit by a barrage of reduced market confidence, high interest rates and rising national insurance costs, builders’ merchant Lords has warned, after it suffered its biggest-ever single-day stock fall. The London-based firm released a challenging market update on Thursday, which saw its shares plunge 20.61 per cent to an all-time low [...]

  • Premier League agree EFL funding deal which could be worth £1.5bn

    July 30, 2026

    Premier League clubs have agreed for a new funding proposal to be put to the EFL, which could be worth £1.5bn. The agreement was decided upon on Thursday and was unanimous, with the Premier League stating that the deal is “long-term”, according to PA. Sky Sports previously said the deal will cover the next decade. [...]

  • ‘It’s going to impact work’: Lloyds to cut £2bn in costs with AI

    July 30, 2026

    The boss of Lloyds Banking Group is preparing to wield the axe on its cost base as the bank doubles down on AI ambitions. Charlie Nunn, the chief executive of the financial services giant, said AI is “going to impact work” and “require us to reskill people and hire new people” as he revealed a [...]

  • AI data centres and defence tech lead investment wave

    July 30, 2026

    Data centres, energy, and military technologies are the main investment channels tech buyers want to pour money into, according to new research. Law firm A&O Shearman’s latest outlook for technology investment said demand was growing for the infrastructure needed to build and run AI, while software companies faced greater scrutiny over whether AI could replace [...]

  • UK government backs British business to get slice of £33bn in Morocco World Cup contracts

    July 30, 2026

    British businesses hoping to get in on £33bn worth of World Cup contracts in Morocco have been boosted by government backing. The Foreign Office is aiming to help British firms get a piece of the construction cake as a number of projects ramp up in North Africa ahead of the next Fifa World Cup, which [...]

  • Pensioners hit with £8bn tax bill after government freezes allowances

    July 30, 2026

    Pensioners paid some £8bn in extra tax last year after a freeze on personal allowances dragged people into higher bands, new figures have revealed. The amount of tax paid by people in retirement climbed from £21.1bn to £29.8bn, an increase of over 40 per cent in just two years, according to the latest pension participation [...]

  • Uefa blocks Fifa’s World Cup sell-off if it stands up to Infantino again

    July 30, 2026

    If Gianni Infantino’s plan to carve out the commercial rights to Fifa events including the World Cup is to be nipped in the bud, the rearguard action will – as it has in the recent past with similar power grabs – likely have to be led by Uefa. Here’s why. Uefa has repeatedly shown itself [...]

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