Port of London exports boom despite tariff threats August 19, 2025 The Port of London Authority (PLA), the UK’s largest port, recorded a boom in trade volumes over the second quarter of the year despite fears around President Trump’s higher global tariffs. In its first ever report on quarterly trade data, the PLA said 14m tonnes of shipments moved through the port during the period. A [...]
Tax hikes and Employment Rights Bill driving firms to contractors August 19, 2025 Business pressures from increased costs are prompting leaders to seek alternatives to stay afloat, including going off-payroll by drafting in contractors.
Tax crackdown drives rise in compulsory liquidations August 19, 2025 Company directors are “feeling the impact” of HMRC’s crackdown on unpaid taxes as compulsory liquidations spiked by 11 per cent in the year to July 2025, official data has shown. More bosses wound up their businesses last month than had done so in June, with creditors’ voluntary liquidations still driving insolvencies across the UK. But [...]
UK growth revised up two years late August 19, 2025 The UK economy grew slightly more in 2023 than previously assumed due to a change in how official statisticians calculate research and development (R&D) data, the Office for National Statistics (ONS) said. Reflecting the difficulties in adding up output and consumption figures, the ONS said it was including new figures on tax data for R&D [...]
Quiet quitting 2.0: Forget Gen Z, it’s CEOs who are checking out August 19, 2025 Gen Z has long been berated for disengaging, but it's CEOs that are the real problem. Welcome to quiet quitting 2.0: when the C-suite checks out but stays in.
London businesses optimistic for future economic growth, KPMG says August 18, 2025 The vast majority of private business owners in London have recorded rocketing optimism about their growth prospects, but concerns surrounding the impact of inflation remain, according to the latest KPMG private enterprise barometer survey. Following a challenging first financial half of the year, with businesses hit with tariff turmoil and ongoing geopolitical tensions, confidence in [...]
Bank of England may face lower inflation despite ‘Oasis bump’ August 18, 2025 Bank of England forecasts on inflation for July could be too high despite suggestions Oasis concerts could make prices jump, forecasters have said. The Bank’s last Monetary Policy Report took a gloomy view on the state of the UK economy as it claimed inflation would hit 3.8 per cent in the month of July. But [...]
More than 200 pubs closed in six months amid tax hikes August 18, 2025 Eight pubs a week shut their doors for good across the UK over the first half of the year amid rising tax and labour costs, according to new figures. Industry bosses said it is “heartbreaking” and highlighted the need for supportive tax measures from the Treasury in the autumn budget. Official Government statistics show 209 [...]
UK inflation to rise as summer spending pushes up hotels and airfares August 17, 2025 UK inflation is set to have edged higher last month as summer spending pushed up flight and hotel costs, and food prices continue to climb. One economist said an “Oasis bump” could have contributed to higher accommodation prices in July. Consumer Prices Index (CPI) inflation is widely expected to have increased in July, from the [...]
Market ‘overreaction’ damaged LSEG’s valuation, analyst says August 15, 2025 The London Stock Exchange Group (LSEG) has faced a valuation battering after a market “overreaction” to woes in its desktop analytics division, one analyst has said. LSEG has lost £8bn in market valuation so far in the third quarter, as concerns spiked over its Workflows business, which provides software and desktop solutions for financial professionals. [...]