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Business

  • More than 300,000 businesses plan job cuts as Reeves’ Budget starts to bite

    March 10, 2025

    More than 300,000 businesses are expected to lay off workers, as a flurry of data reveals a jobs market slowdown following the government’s Budget measures on employment.  The £25bn rise in national insurance contributions (NICs) announced by the Chancellor in October is set to kick in next month, while businesses are also reportedly spooked by [...]

  • Clarkson: Shipping giant shrugs off uncertainty to report higher profit

    March 10, 2025

    Clarkson has reported robust preliminary results for the year ending 31 December 2024, despite a challenging global shipping environment. The company, the world’s leading provider of integrated shipping services, offers broking, financial, support, and research services to clients worldwide. It reported revenue of £661.4m, up from £639.4m in 2023. Underlying profit before taxation rose six [...]

  • Ministers could cut the number of official bodies that get a say on planning

    March 10, 2025

    Ministers could slash the number of official bodies that get a say in planning decisions in a drive to cut red tape. Officials will consult on removing sport England, the theatres trust and the garden history society from the list of “statutory consultees”, while the scope of others who get to give input is set [...]

  • High street firms facing extra £1bn tax bill next month as relief slashed

    March 10, 2025

    Shops, restaurants and pubs across England are facing an extra £1bn in taxes when a discount is cut next month, adding to a “tsunami” of rising costs hurtling toward the sector, according to new analysis. Businesses in London will be hit hardest by changes, tax and software firm Ryan found. Firms in the retail, leisure [...]

  • If we want our economy to grow, our skyline must go up, up, up

    March 10, 2025

    The City's skyline is always changing, but if we want our economy to grow bigger, it must go higher, writes Chris Hayward.

  • Countries cannot be ‘dragooned’ into coalition of the willing, says McFadden

    March 9, 2025

    Countries cannot be “dragooned” into the so-called coalition of the willing by the UK, a senior minister has suggested. Pat McFadden has said that nations have to “step forward themselves” if they want to be part of the group of nations willing to defend a peace deal in Ukraine. The UK and France have been [...]

  • Ministers to be questioned on alleged Palestinian militant who crossed Channel

    March 9, 2025

    Ministers are facing questions over reports an alleged Palestinian gunman illegally crossed the channel on a small boat. According to the Mail on Sunday, Abu Wadee is a former key member of a militant group who has called for the slaughter of all Jews and posed with AK-47s. Wadee, who is believed to be in [...]

  • Housebuilder Persimmon to post higher profit amid slow recovery in demand

    March 9, 2025

    Housebuilder Persimmon is expected to report a rebound in profits next week after two years of steep declines, after the housing market made a slow recovery in 2024. The FTSE 100 company will post its financial results for last year on Tuesday In January, Persimmon said profit would come in towards the top end of [...]

  • Conservatives to push for human rights act to not apply to immigration decisions

    March 9, 2025

    The conservatives have said they will push for the human rights act to not apply when it comes to immigration decisions. The party has tabled an amendment to the border security, asylum and immigration bill which if passed would mean people cannot use the act to appeal deportation or other immigration decisions. Kemi Badenoch has [...]

  • King buys £3 million home next to Camilla’s country retreat amid privacy fears

    March 9, 2025

    The King has bought a £3m home next to his wife’s country retreat in a “pragmatic solution” amid fears it would be sold and turned into a wedding venue. Camilla bought ray mill house in the village of Lacock, Wiltshire, in 1995 and still uses the countryside mansion to spend quality time with her family. [...]

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