How to solve the UK’s non-dom conundrum July 1, 2025 After industry experts poured cold water on Reform’s ‘Britannia Card’, and amid rumours the Chancellor is examining options to row back on elements of her non-dom reforms, Ali Lyon asks what policies might be on the table – and whether they will work. As Nigel Farage stepped up to a mundane-looking podium in a stuffy [...]
Berkeley, Persimmon and Barratt hit by house price slowdown July 1, 2025 Weak growth in UK house prices has hit the shares of the UK leading listed homebuilders, with pundits concerned that a demand for private housing will prevent the government from reaching its ambitious housing goals. Berkeley’s share price has dropped by more than eight per cent in the past month and Persimmon is down four [...]
Hey Siri: Can ChatGPT save Apple’s AI woes? July 1, 2025 After years of insisting it could do AI its own way, Apple is now reconsidering that approach – and the implications could reshape its core product experience. The iPhone maker is in talks with Anthropic and OpenAI about powering a revamped Siri, reported Bloomberg, potentially swapping out its own foundation models for one of their [...]
London City Lionesses score Nike kit deal following promotion to WSL July 1, 2025 London City Lionesses have secured a high-profile kit deal with Nike following their promotion to the Women’s Super League (WSL) for the first time. The trailblazing club – owned by American Michele Kang – are the only side in the WSL to be fully independent, with no ties to a men’s professional team in the [...]
Macquarie to inject £1.2bn into struggling Southern Water July 1, 2025 Macquarie is to invest £1.2bn into the struggling utility Southern Water in a move that could prevent a possible breach of its regulatory license. The new equity investment plan will enable Southern, which supplies water to 2.6m customers in Kent, Sussex, Hampshire and the Isle of Wight, to fund its Ofwat-approved investment programme for the [...]
Political Currency podcast maker Persephonica triples in value July 1, 2025 Persephonica, the podcast producer behind shows such as Political Currency with George Osborne and Ed Balls, more than tripled in value during its latest financial year, it has been revealed. The business, which was founded by former BBC producer Dino Soros, saw its net assets surge from £25,516 to £78,995 in the year to 30 [...]
Government pledges to back UK fintech with regulation overhaul July 1, 2025 The government has pledged a regulation shakeup to support UK fintech as it seeks to slash the red tape blocking innovation. Speaking at City Week, technology secretary Peter Kyle said the government’s new Regulatory Innovation Office (RIO) would develop new smart tools to make navigating regulatory procedures “faster, clearer and more accessible”. This will include [...]
Manufacturers fear Labour government will ‘derail growth’ July 1, 2025 Manufacturers continued to see output decline in June, fresh data has shown, as most business owners are now looking at how they can grow under the Labour government. The UK government last week unveiled its industrial strategy aimed at giving high-growth sectors such as advanced manufacturing confidence over the next ten years. But fresh research [...]
BBC-owned Inside the Factory maker rakes in millions July 1, 2025 Turnover has spiked at the production company behind the likes of Inside the Factory which was taken over by the BBC in 2022, it has been revealed. Voltage TV has posted a turnover of £14.2m for the 12 months to 31 March, 2025, up from the £8.9m it achieved in its prior financial year. New [...]
Manchester Airports Group takes off amid expansion drive July 1, 2025 The UK’s largest airport group has reported a record year of passenger traffic and rising profit as it presses ahead with a major programme of expansion. Manchester Airports Group, the conglomerate which owns Manchester, London Stansted and East Midlands airports, reported a 12.5 per cent increase in adjusted earnings before interest, taxation, depreciation and amortization [...]