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      On this day: Concorde first breaks the sound barrier

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national insurance contributions (NICs)

  • Graduate jobs market slumps to new low

    August 24, 2026

    The UK’s ailing graduate jobs market has slumped to a record low as employment costs surge and firms turn to AI for entry-level roles. The number of graduate vacancies in Britain fell 45.6 per cent to 8,383 in the year to July, undercutting the previous low set in May, according to recruitment firm Adzuna.  This [...]

  • New planning rules ‘could blight high streets with empty pubs’

    August 18, 2026

    Angela Rayner’s attempt to stop pubs being redeveloped into offices and housing could “blight high streets” with empty venues, property experts have warned.  The housing secretary has unveiled reforms to planning rules which mean that developers can only turn a pub into housing or an office if there is no reasonable prospect that it can [...]

  • Jobs market ‘stops moving’ as employment costs weigh on hirers

    August 17, 2026

    The UK’s jobs market has “largely stopped moving” as employment costs weigh on businesses and block jobseekers’ progression into the world of work. Private sector employment intentions are stuck at the lowest ever level outside of the covid-19 pandemic, at plus 11, according to the Chartered Institute of Personnel and Development (CIPD). The organisation, which [...]

  • Frasers slams ‘nonsense rumours’ over Harvey Nichols bid

    July 16, 2026

    The boss of Frasers has hit back at “nonsense rumours” that retail brands are reluctant to work with the group, which is known for making aggressive plays to take control of rival companies. The group, which owns Sports Direct and Flannels, gatecrashed the auction to buy luxury department store Harvey Nichols last week, despite some [...]

  • Retailers urge Burnham to slash tax and back youth employment

    July 16, 2026

    Retailers have called on Andy Burnham to slash their taxes and help them to employ young people in a raft of demands for the Prime Minister-to-be. The British Retail Consortium (BRC), a trade body representing the UK’s biggest retailers, has urged Burnham to “buy into retail” as part of his pledge to back local communities [...]

  • M&S chair: Tax and employment costs holding back Britain

    July 7, 2026

    Rising taxes and employment costs are holding businesses back from investing in Britain and helping it “prosper,” an M&S boss has said.  Archie Norman, chairman of the retail giant and former chief executive of Asda, told shareholders on Tuesday that these “big regulatory headwinds” are “not making it easier to invest and prosper in Britain”. [...]

  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    June 23, 2026

    A decade on from the referendum, has Brexit left a bitter taste? The bosses of the UK’s biggest pub firms have their say Notoriously outspoken, the bosses of the UK’s leading pub brands are usually shouting about the same thing: the tax and regulatory burden threatening watering holes across the country. But, on the anniversary [...]

  • Would a £10bn VAT cut really save hospitality?

    June 20, 2026

    Calls for the government to slash VAT on hospitality firms have been backed by pub and restaurant bosses, and Prime Minister hopeful Andy Burnham. What would this tax break really mean for the economy? The UK’s pubs, hotels and restaurants say they are at breaking point. Higher business rates, hikes to national insurance and minimum [...]

  • Matalan kicks off turnaround under new boss as retailer slashes jobs

    June 17, 2026

    Matalan’s new boss has kicked off the fast fashion retailer’s wide-range turnaround which has revamped dozens of stores but caused the loss of more than 600 jobs. Henrik Nordvall, who took the reins as chief executive in November, said he is “encouraged by the progress already underway” as the clothes seller pushes to renew its [...]

  • Pub bosses warn tax hikes driving youth unemployment crisis

    June 1, 2026

    Pub bosses have warned that Labour tax hikes are driving the youth unemployment crisis, which is pushing the UK towards an “economic catastrophe”.  Several hospitality leaders have called on the government to reverse its increases to employer national insurance contributions (NICs), which pubs say are making it harder for them to hire young people. Last [...]

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