Rachel Reeves warned on bank tax by lobby group boss September 4, 2025 Rachel Reeves has been hit with a firm warning from the banking industry to avoid taxes on the sector or risk harming economic growth. The Chancellor has received a letter from the boss of UK Finance – a lobby group for the banking industry – which details the harm of tax on the sector. David [...]
Butlin’s boss reveals where possible new UK site could be September 4, 2025 The chief executive of Butlin’s has revealed where in the UK the holiday resort chain could open a new site in the future. Jon Hendry Pickup, speaking on a new episode of City AM‘s Boardroom Uncovered show, said expanding beyond the company’s current three locations “would definitely” be something it would be interested in pursuing [...]
Investors flee equity funds as valuation concerns grow September 4, 2025 Equity funds experienced their worst month of outflows since August 2022 in August, as investors shifted their cash into bonds. UK investors withdrew a staggering £1.3bn from equity funds, following a withdrawal of £1.13bn in July, according to data from funds group Calastone. Edward Glyn, head of global markets at Calastone said, “This summer, stock [...]
Mud, music and magic at End of the Road festival 2025 September 3, 2025 On Thursday night at End of the Road, the couple in front of me in the queue for food turned to each other and said: “We’re back in the best place in the world.” A handful of other festivals might complain, but there’s no doubt that EOTR is vying for the crown of the UK’s [...]
Angela Rayner on the brink: Deputy PM underpaid stamp duty on purchase of £800,000 property September 3, 2025 Deputy prime minister Angela Rayner has referred herself to the standards watchdog after she admitted to underpaying stamp duty on her second home in Hove. A spokesperson for Keir Starmer has refused to confirm the date Rayner informed the Prime Minister about her tax dealings, raising questions on when he found out about new tax [...]
Safari on Express track to another Kempton success September 2, 2025 KEMPTON and Ascot also host some high-quality racing on Saturday. In Kempton’s London Mile Series Final Handicap (2.05pm), SKY SAFARI is of interest. James Fanshawe’s filly is three-from-three on the all-weather, including two wins over this course and distance from two attempts in April and July this year. Despite running a poor race two starts ago [...]
Flora and My Mate Alfie look ready to Dance in Sprint Cup September 2, 2025 SPRINTERS take centre stage this Saturday at Haydock as the Merseyside track hosts the Group One Sprint Cup (3.35pm). The sprinting division has been a real guessing game this season, with no one horse stamping their dominance. French-trained Lazzat looked to be some way ahead of the British sprinters when winning the Queen Elizabeth II [...]
McLaren F1 team set for £3bn valuation after stake sale September 1, 2025 McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own. The sovereign wealth fund of Bahrain, Mumtalakat, and UAE-based investment group CYVN Holdings are set to buy out the 30 per cent holding in McLaren Racing that is not currently theirs, according to Sky News’ [...]
Hundred sees 600,000 tickets sold with TV audiences up September 1, 2025 Organisers of The Hundred sold nearly 600,000 tickets for this year’s competition, with viewing figures also up for the fifth edition of the controversial cricket format. The Northern Superchargers beat the Southern Brave in the women’s final on Sunday in a match that drew 22,000 fans at Lord’s in north London. The subsequent men’s final [...]
Budget 2025: Lloyds, Natwest and Barclays brace for a tax raid? September 1, 2025 Ahead of the 2024 Autumn Budget, Prime Minister Sir Keir Starmer warned Labour’s first fiscal event was “going to be painful”. He added those with the broadest shoulders “should bear the heavier burden” as Chancellor Rachel Reeves battled against an alleged ‘£22bn black hole’ inherited from the Conservative government. After lobbying efforts, banks were spared [...]