British Airways defeats HMRC in £5.8m Heathrow cabin crew tax dispute Tax British Airways has won a tax battle against HMRC over whether costs tied to cabin crew accommodation at London Heathrow Airport were subject to £5.8m in income tax and national insurance contributions. Following an appeal in June, the Upper Tribunal ruled in favour of the airline on Monday, dismissing the tax authority’s claim and finding [...]
Burnham vows to cut the price of a pint as he turns on Labour tax rises Hospitality Andy Burnham has launched a major policy intervention of the Makerfield by-election campaign with a pledge to cut business rates for pubs and ease the tax burden on small businesses, marking a clear break with Keir Starmer’s government. The Greater Manchester mayor said Labour had “got it wrong” on small businesses as he unveiled plans [...]
UK businesses turn to overseas talent and AI as Reeves’ taxes bite Economics British businesses are facing a “trade off” as rising costs for employers push firms into investing in overseas talent and leveraging AI. Whilst businesses are ditching the “wait-and-see” approach that engulfed firms amidst the tax uncertainty ahead of November’s Budget, this has not translated into a hiring upswing, the latest KPMG and REC jobs report [...]
Betfred billionaire brothers share huge Peninsula pay day December 15, 2025 The billionaire founders of betting giant Betfred have shared another bumper payday after the continued success of HR giant Peninsula. Founded by Peter Done in 1983, the Manchester-headquartered group provides services for the likes of the Co-op, Fred Perry, David Lloyd, Dreams and PayPal. The group is run by Peter Done and is a separate [...]
Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves November 19, 2025 The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]
Budget could hand economy £60bn if small businesses supported November 18, 2025 Small businesses could provide a £60bn injection to the UK economy if the Autumn Budget meets firm’s needs, fresh research has indicated. Fresh research from Barclays Business Prosperity Index showed small and medium-sized enterprises (SMEs) were playing it cautious ahead of the Budget, even more so than their larger corporate counterparts. Firms hit pause on [...]
Autumn Budget: B&Q boss hands Reeves tool kit for growth November 12, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the boss of retail stalwart B&Q warns truly fixing the foundations starts with building confidence. After Labour’s monumental 2024 general election sweep, Chancellor Rachel Reeves seized her economic tool kit, telling Britons she was “fixing [...]
Brighton Pier up for sale as Reeves’ tax hikes bite November 6, 2025 Brighton Pier Group, which was taken private earlier this year, has placed all its assets on the market as it battles “an extremely challenging trading environment” and the impact of Rachel Reeves’ tax hikes. In its first set of accounts since quitting the London Stock Exchange’s AIM in May, the group said it is “now [...]
Labour has ‘unbelievably harsh stance’ on big businesses November 4, 2025 It is “unbelievable” that the Labour government has “taken such a harsh stance” on big businesses, the chief executive of restaurant chain Pizza Express has said. Speaking on an up-coming episode of City AM’s Boardroom Uncovered podcast, Paula MacKenzie said the industry had been “somewhat decimated” by the Covid-19 pandemic and has then been hit [...]
Manufacturers urge government to ‘get growth off the floor’ at Budget November 4, 2025 The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats.” Manufacturers have faced mounting pressures over the last 12 months as business costs soared in the aftermath of Labour’s first Budget before tariff uncertainty and persistently high [...]