Picture exclusive: NBA meets Starmer for encouraging talks at No10 August 1, 2025 NBA chiefs are understood to have been encouraged by a lengthy meeting with Prime Minister Sir Keir Starmer this week in which they discussed plans to launch a European league. Starmer hosted NBA commissioner Adam Silver and deputy commissioner Mark Tatum at No10 Downing Street on Wednesday during an ongoing tour of Europe by the [...]
Week in Business: Is it time to leave the country? July 31, 2025 Facing low growth and high taxes, more and more of my friends are having the same conversation, for the same reasons.
Rachel Reeves could use bank windfall tax to plug Labour’s U-turns July 31, 2025 Rachel Reeves could launch a fresh tax grab on banks to plug the spending holes left by Labour’s recent U-turns, new analysis has found. The Chancellor is poised to hike taxes in the Autumn Budget after a series of government policy switches eroded her already wafer-thin fiscal headroom of £9.9bn. This comes as fresh research [...]
Firms face fresh fines for making late payments to small businesses July 31, 2025 Firms could be slapped with million-pound fines for late payments to small businesses in a new government effort to boost growth in local economies. As part of reforms aimed at supporting businesses with fewer than 50 employees, Keir Starmer has vowed to crack down on delayed payments “holding Britain back”. The Prime Minister said the [...]
Banks back in crosshairs as Labour eyes tax hikes July 31, 2025 George Osborne’s likely payday from the sale of Robey Warshaw to US giant Evercore won’t be the first time he’s extracted money from the banking sector. In his inaugural 2010 Budget he announced a UK bank levy of 0.05 per cent on certain bank liabilities. Conceived in the wake of the 2008 financial crisis, the [...]
Turnberry should host another Open, says Donald Trump’s son July 30, 2025 Donald Trump’s son says the US President “deserves” to have his Turnberry golf course host another Open Championship. Turnberry in South Ayrshire last hosted The Open in 2009, five years before President Trump bought the celebrated golf resort. “It deserves it, and I truly think that my father’s been a guy who also deserves it,” [...]
Rachel Reeves’ Autumn Budget still causing negativity – CBI July 30, 2025 A streak of negative business sentiment has now lasted 10 months, a leading industry body has suggested, in further evidence that employers have struggled to turn a page on Chancellor Rachel Reeves’ £40bn tax raid at last year’s Autumn Budget. Prime Minister Sir Keir Starmer has repeatedly told MPs that business confidence was edging higher, [...]
Cut tax for under 35s or watch them leave the country July 30, 2025 The most pressing choice I faced over the past week was whether to swim in the pool or the sea. We lounged our way from lazy lunch to long dinner, occasionally mustering the energy to stroll to the boulangerie. As I put the key in the front door of our south London home last night [...]
UK businesses risk losing European trademarks by year-end July 29, 2025 UK businesses may have their European trademark registrations revoked after 31 December if they cannot demonstrate that they are using them within the EU
Donald Trump slams North Sea oil taxes that ‘make no sense’ July 29, 2025 US President Donald Trump has slammed the UK for its high taxes on North Sea oil, which he described as a “TREASURE CHEST” for the UK. In an early morning post on Truth Social, Trump said the UK could cash in its oil reserves near Scotland, where Trump opened a new 18-hole course at the [...]