HSBC Championships: Why sponsors can’t get enough of Queen’s Club June 19, 2025 For the last three years, the men’s championship at Queen’s Club has been voted the best ATP 500-level tournament on the circuit by perhaps the most important stakeholders of all: players. The tennis-watching public also seems to love it. Last week’s women’s championship, held for the first time in 50 years, sold out for several [...]
VILT – The clock is ticking: European Accessibility Act Looms June 19, 2025 A significant regulatory shift is on the horizon for the European Union, and astute UK business leaders should be watching closely. In June 2025, the European Accessibility Act (EAA) will come into full effect, overhauling accessibility requirements for a wide range of digital products and services, including banking platforms, e-commerce, and e-books. While the UK [...]
B&M swaps one tax haven for another June 19, 2025 B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]
Co-op boss urges Miliband to support small firms June 19, 2025 The boss of the Co-op has urged Ed Miliband to rectify the host of “far-reaching challenges” impeding small businesses’ net zero efforts, warning that a paucity of cheap finance and planning red tape were getting in the way of firms’ ambitions. In a letter seen by City AM Shirine Khoury-Haq said Britain was at a [...]
Hays: Shares tank after recruiter issues latest profit warning June 19, 2025 Hays has downgraded its annual profit guidance and issued a bleak forecast for the UK’s recruitment market. The London-listed group said it expected pre-exceptional operating profits of around £45m in 2025, well below analyst consensus of £56.4m. Shares tumbled more than 13 per cent in early deals. Firms have been grappling with increases to national [...]
UK business set to gain big from India trade deal, says minister June 19, 2025 UK firms in financial services, pharmaceuticals and education are poised to benefit from a long-awaited free trade agreement (FTA) with India, according to India’s minister of commerce and industry, Piyush Goyal, who described the two nations as “very complimentary” and “comfortable working with eachother”. Speaking at the India Global Forum in London on Wednesday, Goyal [...]
Sir James Dyson is right to warn on Labour’s damaging policies June 19, 2025 Sir James Dyson knows a thing or two about how to build a business. In an impassioned piece in The Sun yesterday he reflected on his own entrepreneurial experiences, saying “It took me 5,127 prototypes, each made by hand…I was on the brink of bankruptcy before I found success.” He set out his concerns that [...]
Jonathan Reynolds backs UK-India trade deal despite Tory tax backlash June 18, 2025 As the UK and India move into the final phase of negotiations on a landmark free trade agreement (FTA), business and trade secretary Jonathan Reynolds has doubled down on his support of the deal – despite mounting Conservative criticism over provisions relating to labour mobility and taxation. The UK-India FTA, concluded in principle on 6 [...]
Insurer Allianz to cut 650 UK jobs June 18, 2025 German insurance giant Allianz has informed its UK staff that 650 jobs will be cut across several lines of its business
Speedy Hire swings to loss amid depot closures June 18, 2025 Speedy Hire has slumped into the red as it grapples with a challenging economic backdrop and tax hikes announced in Chancellor Rachel Reeves’ Autumn Budget. The London-listed firm, an equipment hire specialist, swung to a pre-tax loss of £1.5m in the year ended 31 March, 2025, down from gains of £5.1m the prior 12 months. [...]