House sales rise in summer, but will property tax rumours kill confidence? August 29, 2025 The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]
Assets at Evelyn Partners hit a record high amid tax raid speculation August 29, 2025 Evelyn Partners has maintained its run of strong inflows, as speculation about pension changes drives customers to seek wealth management advice. The wealth management firm generated £3.7bn of gross inflows in the first half of the year, a seven per cent jump from the £3.5bn recorded in 2024. Assets under management (AUM) reached a record [...]
Law firm launches internal probe after Church of England victim data leak August 29, 2025 City law firm Kennedys Law has launched an internal investigation after the personal details of Church of England abuse victims were leaked. The Church has been battling its failures as it was accused of covering up decades of child abuse committed by prolific child abuser John Smyth. The Makin Review, published last November, found Smyth [...]
Sky Sports expands NFL coverage with new three-year deal August 29, 2025 Sky Sports has agreed an expanded three-year deal with the NFL that will see the broadcaster show up to five live games per weekend in the UK. Sky will have first pick of games at both 6pm and 9pm on Sunday, as well as showing up to three more games from those timeslots concurrently. In [...]
Natwest and Lloyds shares lead £8bn plunge amid bank tax fears August 29, 2025 Shares in a number of Britain’s biggest banking giants tumbled on Friday as speculation that Rachel Reeves would use the sector for an easy cash grab ramped up. Natwest topped the FTSE 100’s fallers, losing over five per cent. Meanwhile, Lloyds was down nearly four per cent, Barclays just over two per cent, whilst HSBC [...]
Tribunal filing shows UK pushed for wider back-door access to Apple data August 29, 2025 A new court document reveals that the UK government sought broader “back-door” access to Apple’s private customer data amid ongoing controversy over the impact of the UK’s Investigatory Powers Act. According to the Financial Times, a new legal document has been filed with the Investigatory Powers Tribunal (IPT), an independent court that reviews complaints against [...]
Business confidence edges up despite tax raid fears August 29, 2025 Business confidence has grown for the fourth consecutive month, according to a fresh survey, despite rising speculation of a fresh tax raid on businesses by the Labour government. Lloyds Bank’s business confidence index edged up two points to 54 per cent in August as sentiment among manufacturers climbed to its highest in a decade. The [...]
Lucrative law firm jobs remain dominated by men August 29, 2025 Lucrative senior dealmaking roles in UK law firms remain dominated by men, leaving female partners unable to make a dent in competitive areas of law. Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024, according to data from legal recruiter Edwards Gibson. Commercial and [...]
Free-to-air TV should be crucial pillar for rugby union August 29, 2025 Whether it be the Women’s Rugby World Cup pulling in millions of viewers on the BBC or the Six Nations being a staple of Saturday afternoon TV guide planning, free-to-air is crucial for a sport like rugby union. It is a sport that needs eye balls and a sport that thrives off being given prime [...]
Thousands face fines after HMRC misses CGT update August 29, 2025 Tax experts have warned that “tens of thousands” of people could fall foul of penalties this year after tech issues left HMRC’s online filing system unable to properly reflect the recent changes to capital gains tax as implemented in Rachel Reeves’ first budget last year. The chancellor’s Autumn Budget increased CGT rates on disposals of [...]