TikTok UK legal bill tops $1bn as regulators close in
TikTok UK legal costs have climbed above $1 billion after the group increased the sum set aside for court cases and regulatory investigations, and the figure does not yet account…
Business
National Wealth Fund backs Devon tungsten mine revival with £71m
The taxpayer-backed National Wealth Fund is putting up to £71 million into Tungsten West, the Aim-listed company reviving the Hemerdon tungsten and tin mine in Devon, less than two years…
Zero-hours contracts crackdown risks closing ‘doors to opportunity’, employers warn
Retailers, hospitality firms and business groups have urged ministers to rethink planned reforms to zero-hours contracts, warning that new guaranteed hours rules could cost employers up to £2.9 billion a…
eDreams takes Prime travel subscription to full scale in Poland
The eDreams Prime Poland rollout has moved into full scale expansion, with the Barcelona listed travel group pointing to strong take up among Polish travellers. It is the latest market…
British start-up to help America build nuclear-powered cargo ships
A west London start-up has signed a first of its kind agreement with the US Maritime Administration to help build a fleet of nuclear-powered cargo ships. Core Power has raised…
Russia and China expand trade via Arctic sea route
Russia and China are expanding trade via the Northern Sea Route, with the first Chinese container ship arriving at the port of Murmansk Read Full Article at RT.com
HMRC checks 45 million PAYE accounts as P800 letters go out
The HMRC PAYE review covers around 45 million accounts, with P800 tax calculation letters already being issued and checks running until November 2026. Overpayments are being dealt with first, but…
London’s female founders pass £100m in Start Up Loans
The Start Up Loans London total for female-founded businesses has passed £100m across 10,853 loans, with Hackney, Lewisham and Tottenham the capital's busiest constituencies, and eligibility now widened to firms…
Caudwell and Rose warn Britain is training entrepreneurs for export
The Phones 4u founder and the former Marks and Spencer chief executive have put their names to a campaign demanding the Chancellor reverse the taxes on entrepreneurs that its backers…
Business rates review to reset how pubs and hotels are valued
Andy Burnham has ordered a business rates review of the way pubs and hotels are valued, appointing an expert who has called for "fundamental reform, not tinkering" to report to…