House of Lords vote in favour of Tory-backed alternative to ‘day-one’ employment rights July 17, 2025 The House of Lords has voted vastly in favour of a Conservative-led amendment to the 'day-one' rights in the final reporting stage of the Employment Rights Bill
Maker of Gary Neville’s The Overlap surges into profit July 17, 2025 Gary Neville’s production company has returned to profit after its main show, The Overlap, almost doubled in value, it has been revealed. Buzz 16 Productions has posted a pre-tax profit of £743,306 for the year to 30 June, 2024, new accounts filed with Companies House show. The turnaround comes after the company posted a pre-tax [...]
Summer heatwave drives workers back to the office July 17, 2025 Record July temperatures have been sending workers back into the office as they look to escape London’s lack of air conditioned homes. With fewer than five per cent of London houses equipped with a fan, one company’s offices saw a 35 per cent uptick in usage in June. Flexible workspace provider Office Space in Town [...]
UK SMEs paralysed by fear despite ‘sitting on piles of cash’ July 17, 2025 Small-to-medium sized companies in the UK (SMEs) are “paralysed by fear” because of geopolitical uncertainty and a lack of clear economic policy, according to new research. Accounting and advisory group Azets said a large number of SMEs are “sitting on significant piles of cash” but are nevertheless holding back on investment. The warning, issued by [...]
On this day: Edward Heath’s incredible sulk comes to an end July 17, 2025 Twenty years ago today, at 7.30 pm on 17 July 2005, Sir Edward Heath died at the age of 89 at his home in Salisbury. He had been Prime Minister for three years and 259 days, 26th of what was then 51 premiers. It was 30 years since he had held office. He could have [...]
Bank of England urged to hold interest rates despite jobs drop July 17, 2025 A leading City forecaster has advised Bank of England policymakers to vote to hold interest rates at its next meeting in August to help battle rising inflation. Robert Wood, UK economist at Pantheon Macroeconomics, warned the Bank of England not to read too much into the drop in jobs numbers, with initial estimates by the [...]
Companies House crackdown: 11,500 firms struck off July 17, 2025 Over 11,000 UK firms have been struck off the Companies House register over the past year following a coordinated crackdown on corporate structures suspected of facilitating fraud, money laundering and other economic crime. The operation, led by the National Economic Crime Centre and supported by the National Crime Agency, Companies House, HMRC, and several UK [...]
Harry Potter TV series maker falls into the red as shooting starts July 17, 2025 A company run by the new co-producer of the James Bond franchise entered the red ahead of starting work on the new Harry Potter TV series, it has been revealed. Heyday Television is a joint venture between Heyday Films, which was founded in 1996 by producer David Heyman, and Universal International Studios. In March this [...]
SSE reaffirms outlook and welcomes clarity after zonal pricing spat July 17, 2025 Scottish renewable power giant SSE has reaffirmed annual guidance despite a decrease in quarterly renewables output. The London-listed firm narrowed its annual earnings per share forecast earlier this year to between 155p and 160p and announced a multi-billion cut to future investment. It has, however, held firm on long-term earnings targets and reiterated adjusted earnings [...]
Labour minister: UK-EU trade deal could take another year to kick in July 17, 2025 The UK’s trade deal with the European Union, set to ease food standards and align energy markets could still take another year to come into effect, a Labour minister has warned. In a landmark post-Brexit deal, the UK and EU agreed a deal on food standards to slash red tape for British exporters while giving [...]