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  • Reeves’ tax hikes force Timothy Taylor to raise price of a pint

    June 13, 2025

    Chancellor Rachel Reeves’ tax hikes have forced brewer Timothy Taylor to raise its prices as it slammed the “hostile fiscal and regulatory environment” it now faces. The family-owned brewer said its industry is facing “significant input and labour cost increases” as well as dealing with the fall in business rates relief. Timothy Taylor added that it [...]

  • UK firms dodge Labour tax raid with WFH roles abroad

    June 13, 2025

    UK companies are turning to work-from-home (WFH) South Africans and other workers in East Asia in a cost-cutting drive to dodge Rachel Reeves’ £20bn tax raid on employers and stringent workers’ rights.  Prime Minister Sir Keir Starmer has spoken about his determination to “put working people’s priorities first” while welfare cuts have been made to [...]

  • Will fintech banks survive falling interest rates?

    June 13, 2025

    Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping £3.1bn. Meanwhile Monzo’s revenue hit £1bn for the first time. But this came as interest rates maintained a post-financial crisis high of 5.25 per cent [...]

  • Four in 10 entrepreneurs mulling UK exit

    June 13, 2025

    Four in 10 UK-based entrepreneurs are considering moving their firm overseas, a fresh poll has found, in further evidence the government’s crackdown on wealth and Britain’s stagnant economy are driving people away from the country. According to audit shop S&W’s Business Owners Sentiment Survey, 39 per cent of the UK’s entrepreneurs are mulling a move [...]

  • Exclusive: Richard Caring hits suppliers with mandatory ‘discount’ amid £1bn sale talks

    June 12, 2025

    The Richard Caring restaurant empire, which includes the Ivy Collection and Caprice Holdings, has demanded its suppliers take a 2.5 per cent “discount”, blaming “increased tax burden and cost of employment, cost of indirect products [and] services and also direct cost of food and beverage.” In a letter dated 3 June, signed by Richard Caring’s [...]

  • London Tech Week day 4: Why deeptech will define the UK’s economic future

    June 12, 2025

    On day 4 of London Tech Week attention turned to deeptech, writes Russ Shaw In the second half of London Tech Week, the focus shifted from the strengths of London today to the promise of tomorrow.  Today I had the pleasure of visiting the Royal Aeronautical Society, which embodies the rich history of British innovation [...]

  • Week in Business: Is Rachel Reeves About to Drop a Tax Bombshell on the UK Economy?

    June 12, 2025

    Despite talk of growth and renewal, the economic warning lights are flashing, and experts now predict another £20bn tax raid.

  • Samsung Galaxy S25 Ultra review: sleeker, shinier, faster

    June 12, 2025

    How much more powerful can an Android phone get? Samsung’s newest model, the Galaxy S25 Ultra, comes packed with all sorts of bells and whistles, but this time in a trimmer case. It is a lighter and sleeker beast than previous models, while also managing to keep one of its flagship features, the S-Pen.  Delving [...]

  • Dignity: Funerals giant returns to profit after ditching London and shedding hundreds of jobs

    June 12, 2025

    Funerals giant Dignity retuned to profit in its first full year since ditching the London Stock Exchange as it shed hundreds of jobs. The Sutton Coldfield-headquartered group delisted in May 2023 after it accepted a £281m cash offer to sell itself to a group of investors in January. Dignity was established in 1994 and listed on the [...]

  • UK economy shrinks more than expected in blow to Reeves

    June 12, 2025

    The UK economy shrank more than expected in April, official data has shown, suggesting momentum built up in the beginning of this year has already worn away. New figures published by the Office for National Statistics (ONS) showing a 0.3 per cent contraction come off the back of a strong 0.7 per cent growth in [...]

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