Tax crackdown drives rise in compulsory liquidations August 19, 2025 Company directors are “feeling the impact” of HMRC’s crackdown on unpaid taxes as compulsory liquidations spiked by 11 per cent in the year to July 2025, official data has shown. More bosses wound up their businesses last month than had done so in June, with creditors’ voluntary liquidations still driving insolvencies across the UK. But [...]
Rolls-Royce shares hit yet another record high August 4, 2025 Shares in FTSE 100 giant Rolls-Royce have hit yet another all-time high, giving the company a £90bn valuation for the first time in its history. Shares in the Derby-headquartered group are changing hands for a new record of around 1,090p this morning after rising by over two per cent in early trades. The increase means [...]
Rolls-Royce: FTSE 100 shares spike as expectations beaten July 31, 2025 Shares in Rolls-Royce have spiked after the FTSE 100 giant revealed better-than-expected interim results. The Derby-headquartered group confirmed its underlying pre-tax profit had jumped from £1.03bn to £1.68bn in the first six months of its financial year while its underlying operating profit grew by 50 per cent from £1.14bn to £1.73bn. Rolls-Royce’s underlying revenue rose [...]
Rolls-Royce: FTSE 100 giant raises profit guidance after £1bn boost July 31, 2025 Rolls-Royce has raised its profit guidance after a “strong start to the year” which saw its revenue surge by almost £1bn. The FTSE 100 giant has reported an underlying pre-tax profit of £1.68bn for the first six months of its financial year, up from the £1.03bn it posted for the same period in 2024. New [...]
Jaguar Land Rover to axe 500 management jobs July 17, 2025 Jaguar Land Rover is to axe up to 500 management jobs in the UK through a voluntary redundancy programme. The automotive giant said that around 1.5 per cent of its UK workforce would be impacted by the job cuts. A spokesperson for the Tata-owned firm said: “As part of normal business practice, we regularly offer [...]
Rachel Reeves to face fresh blow with sluggish growth data July 8, 2025 The UK economy is expected to have grown by a miserly 0.1 per cent in May, consensus among City economists suggests, undermining Chancellor Rachel Reeves’ commitment to deliver higher growth. The government’s difficult two weeks could get a whole lot worse on Friday morning when the Office for National Statistics (ONS) publishes data on GDP [...]
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 [...]
Manufacturers falter as Reeves urged to fast-track growth policies June 24, 2025 Manufacturing output continues to slump, according to the UK’s largest industry body, as bosses are urging Chancellor Reeves to back up training and technology policies with “short-term delivery”. The UK government set out its long-awaited industrial strategy earlier this week where it listed areas of the economy which had greatest potential for growth, including advanced [...]
UK services sector in ‘fragile recovery’ as employment fears linger June 23, 2025 The UK services sector expanded in June, despite tax hikes and a drop in employment across the UK economy, new figures have suggested. The double whammy of President Trump’s tariffs and Chancellor Reeves’ tax increases in April lowered confidence levels among businesses, with official data showing the UK economy contracted by as much as 0.3 [...]
UK’s largest fibre glass factory to close as rescue talks collapse June 18, 2025 The government’s industrial strategy was at risk of smashing into pieces after it emerged the country’s largest fibre glass factory is set to close. The Japanese owners of Electric Glass Fiber UK’s factory in Wigan, near Manchester, which produces materials used in electric cars and wind turbines, decided to close the site at a meeting [...]