EU gas reserves plunge to lowest level since 2022 – FT
European gas reserves have fallen below 50% for the first time since the escalation of the Ukraine conflict, the FT has reported Read Full Article at RT.com
House of Lords AI summit urges agentic AI to ‘rejuvenate’ UK economy
A House of Lords AI summit has called for wider adoption of agentic AI to boost UK productivity, support SMEs and address a looming skills gap across the economy. Read…
High streets to receive £150m boost – but business leaders warn it is “a sticking plaster on a gaping wound”
The government has announced a £150m High Streets Strategy to revive struggling town centres, but small business owners warn the funding falls far short of what is needed to reverse…
Betfred brothers top Sunday Times tax list with £400m bill as stars and entrepreneurs pay record sums
The Betfred brothers top the Sunday Times 2026 Tax List after paying £400m, with Harry Styles the highest-contributing celebrity and Erling Haaland the youngest entry. Read more: Betfred brothers top…
Calls grow for UK to freeze hotel business rate revaluations as costs soar
Hotel operators and tax experts are urging the UK Government to follow Northern Ireland’s lead and freeze hotel business rate revaluations, warning of six-figure annual increases from 2026. Read more:…
One in five SMEs cut staff as tax and cost pressures intensify, survey finds
Rising taxes and operating costs forced 21% of UK SMEs to cut staff last year, according to new research from Rathbones, with hospitality firms hardest hit. Read more: One in…
HMRC plans £2bn technology spending spree as legacy systems prove stubborn
HMRC is preparing to spend more than £2bn on new technology contracts, including major cloud and data deals, as efforts to retire legacy systems run over budget and behind schedule.…
British factories cut US exports as Trump tariff uncertainty bites
UK manufacturers are pulling back from the US market as Donald Trump’s tariff threats disrupt trade, with more than a third reporting a negative impact, according to Make UK and…
Bank of England set to hold rates as inflation rise cools cut expectations
The Bank of England is expected to keep interest rates on hold at 3.75% this week after inflation ticked up, though governor Andrew Bailey may signal a spring cut. Read…
UK unemployment set to hit five-year high as tax rises begin to bite, EY warns
UK unemployment is forecast to rise to a five-year high in 2026 as Rachel Reeves’s tax rises and global trade uncertainty weigh on growth, according to EY Item Club. Read…