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Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates
In April, UK hotels experienced decreased profitability due to rising employee expenses and reduced room pricing power, resulting in a higher proportion of payroll costs relative t...
Read Full Article →Millennial investors bought cheap stocks in Trump tariffs market turmoil
A significant portion of younger investors capitalized on global market fluctuations triggered by recent tariffs, purchasing undervalued shares that could impact their long-term fi...
Read Full Article →Reeves inheritance tax raid to cost ‘staggering’ 200,000 jobs
The recent adjustments to inheritance tax policies are projected to threaten over 200,000 positions within the next five years, significantly affecting family-operated enterprises...
Read Full Article →Reform’s new crypto plan: politics ‘the driving force’
The proposed crypto strategy aims to influence the UK’s financial landscape by addressing regulations and investor protections while carefully balancing innovation and security con...
Read Full Article →FRC: We will take an axe to City stewardship code, says boss
The planned revisions to the UK Stewardship Code by the Financial Reporting Council aim to enhance shareholder accountability, potentially impacting investment practices and corpor...
Read Full Article →UK fintech: Can Britain’s booming sector conquer Europe and the US?
The rapid growth of UK fintech companies has significantly boosted their revenues and customer numbers, positioning them as strong contenders for expansion into European and Americ...
Read Full Article →Reeves’ spending review ‘natural point’ to boost defence -IFS
The forthcoming fiscal assessment offers an opportunity to increase military funding, as analysts highlight that healthcare and defense budgets will be central to the Chancellor’s...
Read Full Article →‘No doubt’ UK will spend three per cent of GDP on defence by mid-2030s, Healey says
The UK government has confirmed its intention to increase defence expenditure to three per cent of gross domestic product by the mid-2030s, reflecting a sustained prioritization of...
Read Full Article →Trump says he will double tariffs on foreign steel to 50 per cent
The substantial increase in import duties on steel is likely to raise production costs for various industries, potentially affecting pricing and economic activity in sectors depend...
Read Full Article →Uefa Champions League prize money: How much can PSG and Inter win?
The total rewards for this season's premier European club tournament have surpassed £2 billion, reflecting increased financial incentives tied to both progression and victories thr...
Read Full Article →Natwest returns to private ownership
The government’s complete sale of its remaining shares in Natwest concludes its decades-long investment, signaling a shift in the bank’s ownership and ending public sector involvem...
Read Full Article →Google faces final ruling in search antitrust case
The upcoming decision in the antitrust trial could lead to significant regulatory changes for Google, potentially impacting its market operations and financial performance in the c...
Read Full Article →UK-Gulf states trade deal on the horizon
The upcoming agreement between the UK and Gulf countries is anticipated to boost economic activities, potentially increasing annual commercial exchanges by several billion pounds b...
Read Full Article →Is the disposable vapes ban going to make any difference in the UK?
The upcoming prohibition of single-use vaping products is expected to significantly impact the UK’s nicotine industry by removing nearly fifty percent of currently available option...
Read Full Article →Boreham Motorworks Ford Escort AMR 68 Edition: Praise the Ford
Although the revived Ford Escort AMR 68 Edition appeals to enthusiasts, its high price and legal restrictions may limit market demand and challenge its commercial viability.
Read Full Article →Gatwick: Boss of worst airport for flight delays promoted
The recent leadership change at London Gatwick Airport, involving the promotion of its long-term CEO to a higher role within its parent company, may influence the airport’s operati...
Read Full Article →Bank of England rate-setter calls for interest rate cut
A leading member of the Bank of England’s Monetary Policy Committee suggested reducing borrowing costs despite recent inflation increases, citing temporary trade-related issues as...
Read Full Article →Sport teams safe bets as valuations buck Trump tariff slump
Despite widespread economic disruptions caused by recent trade policies, the financial worth of sports franchises has remained resilient, highlighting their relative stability comp...
Read Full Article →Trump tariffs: Legal twist as court rules in favour of trade levies
A federal appeals court's decision upholds the current trade levies temporarily, maintaining additional costs on imports that continue to impact businesses and consumers financiall...
Read Full Article →UK business confidence bounces back from Trump’s tariff blow
In May, UK companies showed increased optimism as market conditions improved following recent trade tensions, with a key business sentiment index rising significantly to its highes...
Read Full Article →Aircraft orders plummet amid US tariff uncertainty
A sharp decline in new airplane purchases occurred in April, reflecting challenges faced by the aerospace sector due to trade tensions and economic uncertainties affecting industry...
Read Full Article →Nationwide hands customers billions as FTSE 100 banks up shareholder payouts
In 2024, Nationwide distributed £2.8 billion to customers via enhanced savings and loan rewards, while major FTSE 100 banks allocated surplus capital towards increased dividends fo...
Read Full Article →Burberry’s decline shows British brands can’t trade on heritage alone
Burberry’s recent performance highlights the financial challenges faced by British luxury brands that depend primarily on their historical reputation without adapting to current ma...
Read Full Article →Ryanair boss Michael O’Leary qualifies for monster €100m bonus
Michael O’Leary stands to receive a substantial financial reward following Ryanair’s consistent stock performance, which met predetermined criteria outlined in his long-term compen...
Read Full Article →William Hill accidentally announces death of King Charles
The mistaken announcement regarding King Charles by William Hill briefly impacted the company’s public image, potentially influencing investor confidence and market perceptions in...
Read Full Article →Trainline: CEO’s pay more than doubles as profit jumps
The company’s annual report shows a substantial increase in the chief executive’s compensation, reflecting the notable rise in the organization’s earnings over the recent fiscal pe...
Read Full Article →Is Asda’s ambitious turnaround starting to bear fruit?
Recent operational improvements and strategic adjustments have begun to influence Asda’s revenue streams and market position, indicating potential progress in stabilizing its finan...
Read Full Article →Reform will make the UK a crypto powerhouse
The proposed changes aim to enhance the UK's position in the cryptocurrency market, potentially boosting economic growth and attracting increased investment from younger demographi...
Read Full Article →Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return
The chief executive of Burberry stands to gain a substantial financial incentive contingent upon the company’s stock value rising sufficiently to rejoin the FTSE 100 index.
Read Full Article →HMRC eyes prosecution powers in tax evasion clampdown
HMRC is focusing on enhancing its ability to take legal action against individuals involved in tax evasion to improve revenue collection and ensure compliance with tax regulations.
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