Budget 2026: Which taxes will Burnham and Healey hike? August 25, 2026 With interest rates on course to remain elevated and a new government keen to win over sceptical voters with cost-of-living measures, economists think tax rises at October’s Budget are all but guaranteed. But where will the new Chancellor look for revenue? Ali Lyon and Mauricio Alencar examine the most likely revenue raisers. Speak to any [...]
An overly complicated tax system is holding the UK back August 25, 2026 Tax simplification should be integral to the government’s growth agenda, writes BDO head of tax Adam Frais.
KPMG seeks financial support from parent group in wake of audit scandal August 24, 2026 KPMG Australia has asked its parent company for financial support and laid off hundreds of staff after an audit scandal rocked the Big Four firm’s business down under. In its annual results on Monday, the Australian arm of the accounting group said it will cut its workforce by five per cent and partner pay by [...]
John Caudwell and Stuart Rose blast ‘tax creep’ August 24, 2026 Billionaire political donor John Caudwell and retail bigwig Lord Stuart Rose have hit out at the “creep of taxes” hitting businesses across the country. The influential business veterans have joined a campaign led by entrepreneur group Helm calling on the government to “stop the creep of taxes on wealth creators”. A letter, which has been [...]
UK Credit Card Payment Rates Drop and Card Balances Rise as Summer Spending Puts Pressure on Consumers August 24, 2026 FICO UK Credit Card Market Report for June 2026 identifies the need for increased vigilance on late payments by risk teams
Zanders Expands DACH Region with New Office in Vienna, Austria August 24, 2026 Zanders, the global treasury, risk, and technology consultancy, today announced a significant expansion of its DACH region with the opening of a new office in Vienna. The move builds on Zanders’ continued growth across Germany, Austria, and Switzerland, and marks another step in the firm’s strategy of deepening its presence in the markets where client [...]
Can debt-ridden Morrisons become a Big Four supermarket again? August 22, 2026 “Nothing but difficult” is how one retail analyst describes the road ahead for Morrisons boss Rami Batiéh. Since taking charge of the grocer in November 2023, the chief executive has faced an uphill battle, as the group – once a firm member of the UK’s ‘big four’ – is outpaced by its rivals. Batiéh, whose [...]
Nationwide warns returns from corporate AI are still hard to measure August 21, 2026 Nationwide has warned that the financial returns from workplace AI remain difficult to quantify, even as the building society rolls out the technology to around 16,000 staff. Around 1,000 employees across the combined Nationwide and Virgin Money finance team now have premium Microsoft 365 Copilot licences, while some 2,500 engineers are using Github Copilot. Paul [...]
Citi Appointed as Depositary Bank for Agilyx ASA’s ADR Program August 21, 2026 Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA (“Agilyx”), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (“ADR”) program. Agilyx’s ADRs trade on the over the counter (OTC) Market under the symbol “AGYXY”. Each ADS represents 10 ordinary shares of the company. Agilyx’s underlying ordinary shares are [...]
Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley August 21, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]