Business chiefs: Employment will be hit by minimum wage hike November 25, 2025 Business chiefs have criticised Rachel Reeves’ decision to hike the national living wage by more than 4 per cent for most British workers at the Budget. In a final announcement before unveiling the full set of fiscal measures, the Chancellor said she would back the Low Pay Commission’s recommendations to raise the minimum wage to [...]
Reeves plans stamp duty holiday in Budget to boost London listings November 25, 2025 Chancellor Rachel Reeves is expected to announce a stamp duty holiday for new listings on the London Stock Exchange in Wednesday’s Budget as the government ramps up efforts to revive the index. The move will wipe out the 0.5 per cent stamp duty tax investors are forced to pay upon buying shares that are newly [...]
Magic Weekend 2026: Ashes sell-out lures Super League to Hill Dickinson Stadium November 25, 2025 Everton’s Hill Dickinson Stadium will stage rugby league’s Magic Weekend for the first time next summer following the success of its hosting of an Ashes clash. The Merseyside venue will be the third different venue for the two-day Super League festival in as many seasons, after St James’ Park in Newcastle this year and Elland [...]
Autumn Budget: Will the UK keep its tech talent or drive it abroad? November 25, 2025 Time is running out for Rachel Reeves to reassure the sector she has spent months courting. With tax rises looking increasingly likely in Wednesday’s Autumn Budget, the mood across UK tech has shifted to concern, reviving the warning issued earlier this month by some of Britain’s most valuable founders: change course, or risk watching high-growth [...]
Retail confidence falls at its fastest rate since 2008 November 25, 2025 Confidence amongst retailers has dropped at its fastest rate in 17 years as firms become increasingly pessimistic about their fortunes amid high taxes and low spending. Retailers expect demand to remain subdued heading into December, with sales set to fall again – albeit at a somewhat slower pace, according to the CBI’s latest quarterly Distributive [...]
Labour MP warns Budget could force founders out of UK November 25, 2025 A Labour backbencher has joined industry leaders and a left-leaning pressure group in warning that the Budget could kill the UK’s aspirations of building a competitor to Silicon Valley and force more firms to look for investment outside of the country. In an open letter to Rachel Reeves, Sarah Edwards, a Labour MP who sits [...]
Molten Ventures eyes selling more Revolut shares after Nvidia investment November 25, 2025 A major shareholder in Revolut is planning to further sell down its stake as the company looks to rebalance its investment portfolio. London-listed venture capital firm Molten Ventures recently sold shares in Revolut worth £26.3m but continues to hold a stake in the fintech darling worth £152m, the largest single shareholding in its more than [...]
Reeves opens door for mayors to impose ‘damaging’ tourist tax November 25, 2025 Mayors in England are set to be given new powers to levy a tourist tax on visitors to fund local projects under a new policy. Reeves will give mayors the ability to impose a “modest” charge on visitors staying in hotels, bed and breakfasts, guest houses and holiday lets through the English Devolution and Community [...]
Alibaba.com: How AI is reshaping B2B sales and entrepreneurship November 25, 2025 For Alibaba.com, the true transformative power of AI won’t be for customers; it will be for business-to-business sales. Multimodal search, such as AI search using multiple data points, is driving a “paradigm shift” in global e-commerce, says Alibaba.com president Kuo Zhang at CoCreate Europe. “We’re completely redesigning what search is… for this year alone, our multimodal [...]
F1 to rival NBA and NFL teams valuations, predicts Aston Martin chief November 25, 2025 Formula 1 teams are on course to rival top US sports franchises as the most expensive in the world following a boom in valuations, says Aston Martin F1’s commercial chief Jefferson Slack. This month’s sale of a minority stake in Mercedes F1 valued the team at $6bn (£4.6bn), while McLaren were valued at around $5bn [...]