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  • Berenberg: Labour welfare row will lead to tax hikes and higher interest rates

    June 26, 2025

    Divisive party politics at the top of the Labour government stand to prevent the Bank of England from making further interest rate cuts, given struggles to curb spending, a leading City broker has warned.  The government is embroiled in another row over spending cuts, as £4.8bn in welfare budget savings look set to be watered down following a [...]

  • Week in Business: Is the jobs market in crisis?

    June 26, 2025

    Entry level and graduate jobs are down while AI is coming for professional roles, all while businesses contend with tax hikes and red tape.

  • Starmer thanks business for shouldering tax burden

    June 26, 2025

    Keir Starmer has thanked the British business community for bearing the brunt of his government’s tax raid in last year’s Budget, acknowledging he had asked a lot of UK plc since entering office. Addressing the British Chambers of Commerce’s (BCC) annual conference, the Prime Minister said the £23bn hike to employer national insurance contributions (NICS) [...]

  • The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale

    June 26, 2025

    Jobs have continued to be lost at the group behind restaurant chain The Ivy as billionaire owner Richard Caring edges closer to a £1bn sale. Troia (UK) Restaurants cut more than 100 roles during its latest financial year as its pre-tax profit also declined despite a rise in revenue, new accounts filed with Companies House [...]

  • Chef Tom Sellers interviews former England player Joe Cole

    June 26, 2025

    For our Chef’s Table series, Michelin starred chef Tom Sellers has lunch at his restaurant Story Cellar with former England player Joe Cole. They talk fatherhood, friendship and the future Tom Sellers:  We’ve known each other for years now, do you remember when we first met? Joe Cole:  Yeah – I came into Restaurant Story and we got [...]

  • Have developed countries discovered the ideal corporate tax rate?

    June 26, 2025

    International tax was once a veritable jungle of exotic regimes, but now many jurisdictions seem to have settled on a natural equilibrium of around 25 per cent, says Tim Sarson An interesting and rather consequential piece of tax policy from the new German coalition government might have slipped under your radar recently – they are [...]

  • Retail is now the most distressed sector in Europe

    June 26, 2025

    Distress in the retail and consumer goods sector has reached its highest level since the financial crisis as geopolitical and economic volatility continue to erode businesses. The downturn has been driven by a combination of high interest rates, cost inflation and low consumer demand, with the latter a particular strain on UK businesses, according to [...]

  • Government accused of ignoring SMEs as firms fight for survival

    June 26, 2025

    Three in five small business owners feel ignored by the government, according to a fresh survey, an increasing amount firms raise the alarm on their fight to stay afloat. Small and medium-sized enterprises (SMEs) are calling on Westminster to take further measures to support businesses after 57 per cent fear for their survival in the [...]

  • Don’t let ticket resale price caps ruin the party this festival season

    June 25, 2025

    Misguided plans to cap regulated resale of tickets for live events will be a gift to unscrupulous touts, says Bob Kupbens The numbers are in – and they’re alarming. Home Office figures just released point to a huge increase in officially reported losses in fraud from ticket sales. And crucially, half of the £1.6m total [...]

  • THG shares jump as MyProtein owner returns to revenue growth

    June 25, 2025

    THG – the London-listed firm behind fitness supplement brand Myprotein – has reported a jump in revenue growth ahead of its AGM today. The group, founded by businessman Mathew Moulding, recorded positive revenue growth across its Beauty and Nutrition divisions on a constant currency basis and reiterated its full-year targets. Shares rose by over 10 [...]

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