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  • UK won’t be ‘pressured’ to scrap digital services tax, says Reeves

    March 27, 2025

    Chancellor Rachel Reeves has insisted that Britain “won’t be pressured” into scrapping its digital services tax (DST), despite mounting pressure from the US. Despite her strong stance, Reeves did not make any formal announcements about the future of the DST in her Spring Statement. Yet, hot on the heels of her speech, she told The [...]

  • A ‘do nothing’ Spring Statement means Autumn Budget will be a bloodbath

    March 27, 2025

    The Chancellor has shied away from tackling the big challenges our economy faces, meaning pressure for tax rises in the Autumn will only increase, says Robert Salter The autumn budget might be a bloodbath in terms of tax as the government runs out of money and the triple lock could be broken. As promised, the [...]

  • FTSE 100 retail giant Next passes £1bn profit milestone for the first time

    March 27, 2025

    Next has joined a small group of UK retail companies in reporting more than £1bn in annual profit. The high street bellwether told markets this morning that its profit before tax for the year to January 2025 was £1.01bn, up 10.1 per cent year on year. Its share price rose more than eight per cent [...]

  • Tax returns: HMRC fines set to jump as Treasury pushes for ‘easy wins’

    March 26, 2025

    Higher VAT and self-assessment fines are looming after the Treasury pushed against tax evaders in the Spring Statement

  • Once upon a time, Spring Statement day was fun

    March 25, 2025

    Once upon a time, Spring Statement day was fun. Now, as an early-stage entrepreneur, it just fills me with dread, writes Michael Martins in today's Notebook.

  • FNB to replace MTN as sponsor of South Africa Rugby’s Springboks

    March 25, 2025

    Rugby world champions South Africa will unveil First National Bank (FNB) as its new front-of-shirt sponsor after ditching MTN, City AM understands.  The Springboks announced on Tuesday that an eight-year partnership between the team and the mobile telecommunications provider had concluded following a spell that saw the senior men’s team win back-to-back Rugby World Cups [...]

  • Coca-Cola could return as major Premier League partner

    March 25, 2025

    Soft drinks giant Coca-Cola could return as a major Premier League commercial partner having left the English top flight in 2022. The US firm is reportedly in talks with the Premier League over a multimillion pound agreement. The deal could be passed at a Premier League shareholder meeting later this week, Sky News’ Mark Kleinman [...]

  • UK tech eyes tax moves in Spring Statement

    March 25, 2025

    The UK’s tech sector is awaiting Rachel Reeves’ Spring Statement, as businesses look for support from the government on AI investment, digitalised healthcare, and scam prevention. Industry heavyweights are urging the Chancellor to consider targeted tax incentives and upskilling initiatives. They have also called for stronger regulatory frameworks to support growth and innovation amid burgeoning [...]

  • Big Four: The slow death of KPMG, EY, PwC and Deloitte’s legal dream

    March 25, 2025

    Big Four —EY PwC, Deloitte, and KPMG—all have legal arms to compete against the traditional legal sector, but recent cracks show that their vision is not playing out

  • ‘Corporate purpose? It went too far’, says man behind Britain’s Davos

    March 25, 2025

    John O’Brien founded Anthropy – an annual gathering of corporate and political luminaries dubbed ‘Britain’s Davos’ – to help the UK ‘build back better’ from the pandemic. On the eve of its third instalment in the Eden Project’s greenery, Ali Lyon asks the ex-army captain, “Has it failed?” It is October 2022, and a group [...]

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