What if the boss of the National Lottery won the jackpot? July 14, 2025 It’s a question that everyone has either been asked or posed themselves – what would you do if you won the National Lottery? Doubtless there are countless answers to that very simple question, although talk might be dominated at the moment by questions over how hard the Labour government would tax that new-found wealth. But [...]
Exclusive: Amazon Prime Day UK sales top £2bn despite consumer caution July 14, 2025 Amazon’s biggest UK shopping event on record has delivered a much needed adrenaline shot to Britain’s faltering retail sector – with online spending during its four-day Prime event topping £2bn for the first time. Consumers splashed out £2.08bn online between the 8th and the 11th July, driven by steep discounts on everything from baby toys [...]
Three big opportunities for SMEs in 2025 July 14, 2025 We've heard enough about the tough times for small businesses, here are three big opportunities all SMEs can go for, writes Emma Jones.
Mansion House: UK giants to agree to pick high-return pension schemes July 14, 2025 UK giants Tesco and NatWest Group are set to answer the City of London Lord Mayor’s calls to focus on driving returns rather than getting bogged down by fee costs when picking pension schemes for employees. Ahead of the Mansion House speech on Tuesday, the Lord Mayor criticsed UK companies for choosing providers that charged [...]
Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London July 14, 2025 Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]
Andrew Bailey cautions banks against issuing their own stablecoins July 14, 2025 The governor of the Bank of England has cautioned against banks issuing their own stablecoins in marked contrast to a more bullish attitude to the technology in the US. Andrew Bailey said the moves by banks to launch their own stablecoins, a kind of cryptocurrency backed by assets such as the dollar, did not offer [...]
Rachel Reeves urged to make ‘bold choices’ at Mansion House speech as growth stalls July 14, 2025 Financial services are looking to Rachel Reeves’ Mansion House speech and the launch of her new growth strategy for the sector as a pivotal turning point. The industry has been courted by the Chancellor in hopes of feeding ideas into the Treasury’s inaugural Financial Services Growth and Competitiveness Strategy. Now, firms look to be banking [...]
Experience the Roman Empire in Bulgaria for history to rival Italy – just without the crowds July 13, 2025 What have the Romans ever done for us?” quipped my partner, Ed, as we stood on the main street of Nicopolis ad Istrum, formerly a Roman town in Bulgaria that is now a glorious assemblage of ruins. “All right, but apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, a fresh water [...]
Cash Isa limits set to be left untouched at next week’s Mansion House speech July 13, 2025 Cash Isas will be left untouched at next week’s Mansion House speech, in a move that has been welcomed by savings experts. Speculation had been mounting that plans to cut the annual tax-free cash Isa allowance could be announced in Chancellor Rachel Reeves’s Mansion House speech on July 15. But the PA news agency understands [...]
Rachel Reeves to pledge Thatcher-style ‘Big Bang’ for City in Mansion House speech July 13, 2025 Chancellor Rachel Reeves is to pledge a Thatcher-esque “Big Bang” in the City next week as part of her much-awaited Mansion House speech. Reeves is expected to tell senior banking figures to ditch New York and Paris in favour of London or Leeds amid a commitment to slash burdensome regulation. A Treasury source told the [...]