Will Rachel Reeves hike taxes in her first Spring Statement? Economics Chancellor Rachel Reeves is set to make her first Spring Statement next week, and rumours are starting to swirl that the tax hikes could be on the cards as she tries to get the government debt under control. Given the Chancellor’s commitment to just one major fiscal event a year the Spring Statement is intended [...]
In The Style: Jobs at risk as fast-fashion brand collapses into administration Retail In The Style has collapsed into administration in a move which has put more than 100 jobs at risk of being lost. FTS Recovery has been appointed to oversee the administration process at the Manchester-based company. In The Style was founded by Adam Frisby in 2013 and was previously listed on the London Stock Exchange’s [...]
Libby’s Naked Wines diary: why South African wine still wins Life&Style This week our Naked Wines columnist Libby Brodie touches down for a wine adventure in South Africa Even as someone who tours wine estates around the world for my job, rarely have I visited one on the same jaw-dropping, awe-inspiring, gob-smacking scale as South Africa’s Vergelegen Wine Estate. The Western Cape of South Africa already [...]
Premier Relocation: Removals service to sport stars eyes US expansion March 19, 2025 It’s not just footballers, clubs and their agents who cash in on transfers – it’s also boom time for Premier Relocation, the removals service to the stars. Pop quiz: what do Erling Haaland, Jurgen Klopp and Ronan Keating have in common? Aside from being multi-millionaire celebrities, the answer is they have all used the same [...]
Growing aviation does not conflict with protecting the environment, says transport secretary March 19, 2025 Growing the UK’s aviation sector is not a trade-off against protecting the environment, the Transport Secretary has said. Speaking at the annual dinner of the trade association AirportsUK, Heidi Alexander said she will “never accept the false trade-off” that pits the two issues against each other. The UK government has placed airport expansion at the [...]
Kemi Badenoch: Tories to look at ‘achievable solutions’ for clean energy March 18, 2025 Kemi Badenoch has said net zero is “impossible” for Britain to achieve by 2050 and that her party will look at “achievable solutions”. The Conservative Party leader outlined her plans for the Tories to renew their policy programme at a speech in London, as she set out her stall ahead of the May local elections. [...]
Adzuna falls into the red amid hiring slump March 18, 2025 Jobs website Adzuna has fallen into the red as its sales were slashed by a third after battling a “turbulent” economy and a fall in hiring activity. The London-headquartered business has reported a pre-tax loss of £276,797 for the 12 months to 30 June, 2024, after it achieved a pre-tax profit of £1.5m in the [...]
Lord Andrew Lloyd Webber’s theatre empire braced for Reeves’ tax hike March 18, 2025 Lord Andrew Lloyd Webber’s theatre empire has warned it is bracing for the “notable impact” the hike in employer’s National Insurance contributions (NICs) when it comes into force next month. Chancellor Rachel Reeves announced in her Budget in October 2024 that NICs would rise by 1.2 per cent from April to 15 per cent in [...]
SThree fees crater amid ‘challenging market conditions’ March 18, 2025 City recruiter SThree saw fees drop 15 per cent over the last quarter as the group grappled with “challenging market conditions” within the job-seeking sector. The London-listed firm, a specialist in finding roles for Science, Technology, Engineering and Mathematics fields, saw declines across every arm and region of its business, it revealed in a quarterly [...]
Old Mutual earnings spike as firm gears up to find a new boss March 18, 2025 Pan-African financial services group Old Mutual recorded headline earnings growth of 20 per cent last year as the firm gears up to find a new CEO. The London-listed group reported 14 per cent growth in adjusted headline earnings, while profit after tax climbed nine per cent in its full-year results. However, the financial services group’s stock price [...]