Tariffs, not Iran, will define Trump’s presidency June 30, 2025 Those involved in business need to keep their eye on the right ball. Iran might continue to dominate the headlines, but it’s tariffs that will affect the bottom line, says Tim Hames Political events can have an enormous sense of drama, while distracting from what really matters. This is likely to prove the case for [...]
Rayner urged to reform landlord fees in Renters’ Rights Bill June 30, 2025 Deputy Prime Minister Angela Rayner has been urged to reform high landlords’ fees in the upcoming Renters’ Rights Bill to help balance the market. In a letter to the Housing Secretary, lettings and property management agent Hello Neighbour said that landlords were being charged £2bn in London alone in “excessive fees”. These fees are related to exit [...]
Biggest manufacturers expected to pay £685m more in tax June 30, 2025 Manufacturers across the UK will have to cough up £685m more in new property taxes next year, new research has suggested, adding costs to several businesses which are struggling to boost output and already cutting back on headcounts. The government last week said it was ready to address high electricity prices for up to 7,000 [...]
ChatGPT wipes out entry level jobs June 30, 2025 Vacancies for graduate roles, apprenticeships, internships, and junior positions have decreased by more than 30 per cent since ChatGPT emerged at the end of 2022. The research by Adzuna follows a warning last month from the Chief Executive of artificial intelligence heavyweight Anthropic, Dario Amodei, who said that AI could eliminate up to 50 per cent of [...]
Private sector braced for sharp decline, CBI warns June 30, 2025 Private sector businesses across the country are braced for a sharp decline in activity in the next three months, the UK’s largest industry body has warned, as Chancellor Rachel Reeves struggles to reverse low business confidence trends. Reeves may have hoped that the industrial strategy, plans on infrastructure investment and pension reforms aimed at boosting [...]
Lord Mayor: The unicorns are galloping away June 30, 2025 As capital dries up and unicorns flee, the UK must act now or accept its fate as an incubator economy, writes Alastair King.
Choosing a chancellor of Cambridge is no joke June 30, 2025 Cambridge must choose a chancellor who enhances its reputation without politicising or making a mockery of the role, and Lord Browne is emerging as the most credible candidate to do so, says Eliot Wilson Our leaders like to speak of the United Kingdom “punching above its weight”. For at least 80 years, it has been [...]
Former Glastonbury headliner shocks with secret set 10 years after Pyramid Stage slot June 29, 2025 Florence Welsh made a surprise appearance on the final evening of Glastonbury 2025. The lead singer from Florence and The Machine joined indie band The Maccabees during their headline slot at The Park stage, one of the festival’s main stages. Florence sang Dog Days Are Over and performed guest vocals on The Maccabees track Love [...]
Ex LSEG boss slams London stock market ‘gimmicks’ June 29, 2025 The London Stock Exchange Group (LSEG)’s former boss Xavier Rolet has blasted stewards of UK capital markets for focussing on “gimmicks and quick headline-grabbing fixes” to liquidity levels. Officials at the London Stock Exchange and at the Treasury have mooted possible reforms to savings as part of a bid to revive capital markets. London Stock [...]
McLaren, Williams, Ferrari and Aston Martin take over London as F1 surges in popularity June 29, 2025 On Sunday 6 July over 100,000 Formula 1 racing fans will descend on Silverstone for the British Grand Prix. This in itself is no surprise given the history and heritage that comes with the Northamptonshire track’s association with the highest level of motor racing in the world. But in a nod to the wider mass [...]