Close Brothers will cut 600 jobs as it battles investor concerns over the motor finance scandal, with compensation costs potentially exceeding £1bn. Read more: Close Brothers to cut 600 jobs…
The Small Business Commissioner has appointed Abigail Whittaker and Ryan Shorthouse to its advisory board as it prepares for new powers to tackle late payments. Read more: Small business commissioner…
A tribunal ruling could see public EV charging VAT reduced to 5%, potentially lowering costs for drivers and aligning rates with home charging. Read more: Tribunal ruling could cut public…
Bentley will cut 275 jobs as profits fall 42% to £187m, with the luxury carmaker citing weak demand, China slowdown and rising costs. Read more: Bentley to cut 275 jobs…
EU gas prices will grow by 100% more than previously projected, meaning the bloc will “inevitably beg” for Russian gas, Kirill Dmitriev says Read Full Article at RT.com
UK individual insolvencies have surged 18% year-on-year, with experts warning households are at breaking point as high interest rates, inflation and debt pressures intensify. Read more: Individual insolvencies surge 18%…
Chancellor Rachel Reeves has unveiled a £2bn AI investment plan to make the UK the fastest adopter in the G7, boosting growth, infrastructure and innovation. Read more: Rachel Reeves unveils…
Experts warn HMRC’s interest system is unfair, with taxpayers charged 7.75% on late payments but receiving just 2.75% on refunds, raising concerns over trust and transparency. Read more: HMRC interest…
Financial experts urge Rachel Reeves to rethink plans to cap National Insurance relief on pensions at £2,000, warning it could damage retirement savings and employer schemes. Read more: Experts warn…
Alcohol-free beer, hummus and pet grooming join the UK inflation basket as ONS updates CPI to reflect changing consumer habits and cost of living trends. Read more: Alcohol-free beer, hummus…