Asda faces another hefty fine for selling expired food in stores July 16, 2025 Supermarket giant Asda has been given a huge fine for selling expired food in two stores, its second such fine in three months. Repeated checks by Trading Standards officers discovered expired items contrary to food safety codes at its Leckwith and Pentwyn branches in Cardiff. The TDR-owned grocer was then fined £640,000 for selling 115 [...]
Premier League on track to smash £2.4bn summer spending record July 16, 2025 Premier League clubs are on course to smash all previous spending records this summer after exceeding £1bn in gross outlay on transfers quicker than ever before. Club World Cup winners Chelsea and domestic champions Liverpool have been the biggest spenders, with the Blues shelling out more than £200m and the Reds breaking the British transfer [...]
Co-op boss confirms data of all 6.5m members stolen July 16, 2025 The chief executive of Co-op has confirmed that the personal data of all its 6.5m members was stolen during a major cyber attack in April, marking one of the most widespread data breaches in UK retail history. Speaking publicly for the first time since the attack, Shirine Khoury-Haq said the breach had a “devastating” impact [...]
House prices ‘continue to surprise’ as average property value ticks up in May July 16, 2025 UK house prices rose again in May, bucking predictions of a slowdown in the market after stamp duty relief was axed earlier this year. The average price for a UK property reached £269,000 in May, up 3.9 per cent year on year and 1.1 per cent month on month. The bulk of this increase was [...]
NRL rugby league star Tuivasa-Sheck lined up for R360 move – reports July 16, 2025 Current rugby league star and former All Black Roger Tuivasa-Sheck is being lined up for a big-money switch to the breakaway R360 competition, according to reports in Australia. The move would see the 32-year-old New Zealand Warriors winger, one of the biggest names in the NRL, switch codes from league to union for the second [...]
Swatch: Rachel Reeves’ tax hikes could see profit fall further July 16, 2025 Swiss watch brand Swatch has warned its UK profit could continue to shrink as a result of Chancellor Rachel Reeves’ tax hikes. The business has said the increase in employer’s National Insurance contributions – which were announced in October 2024 and came into effect in April this year – will increase operational costs. Swatch added [...]
HMRC to slap Wimbledon winners Sinner and Swiatek with £1m tax bill July 16, 2025 Wimbledon winners Jannik Sinner and Iga Swiatek will each be slapped with a £1m tax bill by HMRC. Despite not being based in the United Kingdom, Italian Sinner and Pole Swiatek will each be taxed at 45 per cent for winning in SW19 and claiming their £3m prizes. Robert Salter, of audit, tax and business [...]
Soaring beef and butter prices drive food inflation in June July 16, 2025 Food inflation has risen to its highest level in nearly a year as farmers struggle with high costs amid tax rises and extreme weather. Overall inflation was ahead of expectations in June at 3.6 per cent, but food and drink inflation continued to outpace the rest of the economy at 4.5 per cent. This was [...]
Andrew Bailey sets Donald Trump challenge on tariff plans July 16, 2025 Bank of England Governor Andrew Bailey has set President Donald Trump a “constructive challenge” to explain contradictions in fiscal policies that threaten the world economy and financial stability. In his Mansion House speech delivered to an audience of City leaders, Andrew Bailey defended the principles of free trade and post-war agreements to introduce multilateral systems [...]
Electric vehicle grants return, but most buyers will miss out July 16, 2025 The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled late last week, the new electric car grant will offer up to £3,750 off the price of a new EV, targeting models priced under £37,000 [...]