Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April May 22, 2024 Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.
Donald Trump’s Truth Social craters to $300m loss amid market manipulation claims May 21, 2024 Trump Media and Technology Group's primary asset Truth Social generated just $770,500 in sales over the quarter.
Wall Street titan Jamie Dimon eyes stepping away from JP Morgan May 21, 2024 Jamie Dimon, arguably the single most significant figure in global finance, gave his clearest indication yet that he is thinking about stepping down from JP Morgan. Dimon has previously brushed off questions about the remaining length of his tenure by saying he would stay five more years, every year. However yesterday he told a New [...]
‘Day of shame’: Rishi Sunak apologises for infected blood scandal May 20, 2024 Rishi Sunak has made a “wholehearted and unequivocal apology” for the infected blood scandal in what he said was a “day of shame” for the British state.
HMRC challenging media businesses for research and development tax relief May 19, 2024 HMRC currently challenges around 20 per cent of R&D tax relief claims overall - up from one per cent previously.
Richard Branson: Virgin founder’s net worth gets a boost from Virgin Atlantic’s growth May 19, 2024 Richard Branson has seen his net worth hold steady as growth has returned to his Virgin Group.
Jeremy Hunt promises future tax cuts if Conservatives win general election May 17, 2024 Jeremy Hunt promised further tax cuts if the Conservatives win the general election as he sought to draw an electoral dividing line between the Tories and the Labour Party.
‘Major milestone’: UK ratifies Indo-Pacific CPTPP post-Brexit trade deal ahead of schedule May 17, 2024 The UK has hit a “major milestone” in its efforts to join the CPTPP trade pact as it ratified the terms of agreement ahead of schedule.
Kemi Badenoch threatens to block Royal Mail deal to foreign owners unless guarantees are issued May 17, 2024 Kemi Badenoch has issued warnings to the Royal Mail that she will block any foreign buyer unless cast-iron guarantees are put in place
Shadow energy secretary Ed Miliband ‘not aware’ Russia found oil and gas in Antarctic May 17, 2024 Ed Miliband has said he is “not aware” of the reports Russia discovered huge oil and gas reserves in the British Antarctic territories.