Vodafone boss faces renewed backlash over £85m franchise dispute July 29, 2025 Former franchisees accused telecoms giant Vodafone of driving small business owners to the brink at its annual general meeting on Tuesday, amid a deepening £85m legal dispute over its former retail partner model. At the meeting in Newbury, several claimants involved in the lawsuit directly challenged chief executive Margherita Della Valle and chairman Jean-François van [...]
JP Morgan: Rachel Reeves could slash headroom to avoid large tax rises July 29, 2025 Chancellor Rachel Reeves is poised to reduce her wafer-thin £9.9bn headroom even further at the Autumn Budget to avoid making sweeping tax rises, analysts at one of the world’s biggest banks have predicted. Leading think tanks and City analysts have warned that Rachel Reeves will look to raise as much as £30bn in taxes later [...]
Uber rivals handed major VAT boost by Supreme Court July 29, 2025 Rival taxi operators to Uber will not have to pay 20 per cent VAT on their profits outside London following a landmark Supreme Court ruling. The court has decided that private-hire operators do not enter into a contract with passengers and therefore are except from the tax. The ruling comes after US giant Uber brought [...]
Travelex hires former William Hill CEO as new boss July 29, 2025 Foreign exchange company Travelex has hired a former chief executive of betting giant William Hill as its new boss. Philip Bowcock has been named to the role, effective immediately, and has succeeded Richard Wazacz who has served as CEO for the last three years. Bowcock led William Hill for over three years until September 2019, [...]
Tom Hayes’ crime in Libor case was to be a banker when that was unpopular July 29, 2025 Tom Hayes’ original trial for Libor rate-rigging made a mockery of our justice system and he is now, rightly, an innocent man, say his solicitors Karen Todner and Sarah Tighe We helped Tom Hayes in his decade-long fight to clear his name – a difficult journey filled with setbacks and heartbreak. He is now, rightly, [...]
Astrazeneca: Demand for cancer drugs boosts pharmaceutical giant July 29, 2025 Astrazeneca has revealed a jump in revenue from cancer drugs amid rumours its boos is eyeing a listing across the pond. Total revenue rose 11 per cent to $28bn (£12.98bn) in the first half of the year, driven by double-digit growth in Oncology and BioPharmaceuticals, the company told markets this morning. Revenue from oncology products [...]
As charities struggle, well-off City firms have a responsibility to give back July 29, 2025 City firms have a responsibility to use their resources to help struggling charities, writes Bloomberg's Jemma Read.
Here’s how to make sure Great British Railways stays on track July 29, 2025 If Labour must steam ahead with its plan to renationalise the railways, there’s a few things it must do to make it a success, says Emma Revell One of the least surprising and most ideologically consistent aspects of Labour’s first year in office has been the impetus behind Great British Railways. The new body, which [...]
AI disruption rocks professional services jobs market fuelling anxiety among Gen-Z July 29, 2025 The UK jobs market is facing significant turmoil, with rising unemployment figures and layoffs, a trend seen in the professional services sector
Lionesses make us proud to be English – perhaps for the last time July 28, 2025 The Lionesses’ inspiring Euros victory will be a moment of joy in a summer threatening to descend into civil unrest, tensions over immigration, public sector strikes and political fragmentation that will damage social cohesion, says Alys Denby I watched the Euros final in a converted industrial estate in south east London – and the biggest [...]