US tariffs: Reynolds urges ‘cool heads’ over trade negotiations March 27, 2025 Jonathan Reynolds has said it is a time for “cool heads” as the UK engages with the US over tariff plans despite holding a “different set of views” on trade policy. It comes after Chancellor Rachel Reeves said the UK is not planning “at the moment” to introduce retaliatory tariffs on the US, after President [...]
UK won’t be ‘pressured’ to scrap digital services tax, says Reeves March 27, 2025 Chancellor Rachel Reeves has insisted that Britain “won’t be pressured” into scrapping its digital services tax (DST), despite mounting pressure from the US. Despite her strong stance, Reeves did not make any formal announcements about the future of the DST in her Spring Statement. Yet, hot on the heels of her speech, she told The [...]
Pittsburgh Steelers’ fintech stadium sponsor Acrisure enters English cricket March 27, 2025 Fintech and insurance firm Acrisure has entered English cricket, striking up a partnership with Nottinghamshire County Cricket Club. The Michigan-based firm, parent of Nottingham-based Russell Scanlan, will see the Trent Bridge Fox Road stand at the England international level stadium renamed the Acrisure Stand for the next three seasons. It will add to their sporting [...]
Playtech set to issue ‘beast of a dividend’ following Snaitech sale March 27, 2025 Gambling software firm Playtech is set to issue what analysts have described as a “beast of a dividend” later this year, as the sale of Snaitech reaches close to completion. Playtech agreed the sale of its Italian arm Snaitech to Flutter during last year for €2.3bn (£1.92bn), distributing most of the proceeds from the sale as a [...]
Spring Statement 2025: Reeves misses trick ignoring sport and Old Trafford March 27, 2025 Standing at the dispatch box on Wednesday, Chancellor Rachel Reeves delivered her much anticipated Spring Statement. Just months after her autumn fiscal plan, where she hiked taxes by £40bn and confirmed funding for a football regulator which continues to divide the game, the member of parliament for Leeds West and Pudsey – and one of [...]
FTSE 100 retail giant Next passes £1bn profit milestone for the first time March 27, 2025 Next has joined a small group of UK retail companies in reporting more than £1bn in annual profit. The high street bellwether told markets this morning that its profit before tax for the year to January 2025 was £1.01bn, up 10.1 per cent year on year. Its share price rose more than eight per cent [...]
Unlocking growth, delivering sustainability: London Stansted’s vision for the future March 27, 2025 The last few months have seen the new government make clear what it thinks about aviation’s role in achieving its growth mission. Through successive announcements about airport expansion, the Prime Minister, Chancellor and Transport Secretary have been among the senior Cabinet voices making clear a strong aviation sector is good for growth, and compatible with [...]
Analysis: Why are the wrong issues under the microscope? March 27, 2025 You’d be forgiven for assuming one of Sabrina Carpenter’s (admittedly catchy) lyrics might have been echoing in Chancellor Rachel Reeves’ head, as she prepared ahead of her (less catchy) Spring Statement yesterday. But, when quizzed at a press conference later that afternoon, Reeves insisted as “a 46-year-old woman”, she is not “personally a huge fan” [...]
‘The deal was done before the starters arrived’: Fundment CEO on the art of the business lunch March 27, 2025 Fundment founder Ola Abdul secured £45m earlier this year. He tells us how he did it, including the art of the business lunch.
The Spring Statement takes us back to square one March 27, 2025 It might not have been a Budget, but the Chancellor may well wish that it had been. Constrained by her fiscal rules and her own insistence that yesterday’s statement would not constitute a major event, Rachel Reeves was left shuffling the few cards she held in search of a better hand. The search was in [...]