Workers’ rights? Labour’s employment bill gives workers a worse deal February 26, 2025 Punishing employers doesn't help workers. Left as it is, Labour's new employment bill will only damage the labour market, writes James Reed.
Businesses face ‘powder keg’ of costs as Budget tax hikes loom February 26, 2025 The vast majority of businesses will be forced to change their plans as a result of the government’s tax raid, a new survey shows, which will result in higher prices for consumers and thousands of lost jobs. More than four out of five business leaders (82 per cent) said Labour’s national insurance hike will have [...]
One in ten part-time retail jobs at risk from changes to tax thresholds February 26, 2025 A leading retail body has warned that up to 160,000 part-time jobs could be at risk over the next three years due to the rising cost of employment. Part-time roles are particularly susceptible to tax changes announced at the Budget. Retailers will be taxed on any employee earning more than £5,000, down from the current [...]
The West has been free riding on US defence spending February 25, 2025 The West has been free riding on US defence spending for decades. It's no surprise Trump is now calling us to account, writes Paul Ormerod.
Cadillac Formula 1 team to follow Chelsea blueprint, say owners February 25, 2025 The Cadillac Formula 1 team will “apply the same transformative growth mindset” seen at sister outfit Chelsea FC as they gear up for their historic entry to the grid next year. Cadillac F1 are majority owned by TWG Global, the investment vehicle of Chelsea part-owner Mark Walter, a long-time business partner of the club’s chairman [...]
AI will help us all live longer – that’s a business problem February 25, 2025 AI is solving medical problems at unthinkable speeds, but it's not just the pharma industry that should prepare, writes Paul Armstrong.
Britain’s hospitality leaders face a crisis of confidence as tax rises bite February 25, 2025 Optimism in Britain’s hospitality sector has continued to slip, with only a third of leaders confident about the next year of trading as cost pressures mount. It’s the fifth month in a row that the confidence of Britain’s hospitality leaders has fallen, according to CGA by NIQ’s latest Business Confidence Survey. Morale is now at [...]
Higher taxes will force two-thirds of hospitality business to cut jobs February 24, 2025 The hospitality sector will be drastically affected by higher taxes on employees’ wages, a new survey has found. A majority of businesses will reduce employment, while over one in ten have to close at least one site and just under two thirds will cancel investment, according to UKHospitality. The UK’s three core hospitality trade bodies [...]
Retail job vacancies have almost halved in a year February 24, 2025 The number of advertised jobs in retail has almost halved in the last year as companies continue to buckle down on costs. Job vacancies have fallen 42.25 per cent in the last year, the most significant drop in any UK sector, according to Adzuna’s latest jobs report. There has been a contraction in retail for [...]
Daniel Dubois next fight: Brit mulls Usyk revenge mission and Joshua rematch February 24, 2025 Daniel Dubois is weighing up a rematch with either Oleksandr Usyk or Anthony Joshua after being forced to pull out of his £7m world title defence against Joseph Parker. IBF heavyweight champion Dubois was ruled out of the scheduled fight with Parker in Riyadh on Saturday at short notice after falling ill and his stand-in [...]