Category: News

Government borrowing fell to £1.1bn in July, below OBR forecasts, as higher tax receipts and lower debt costs gave Rachel Reeves some relief ahead of the autumn budget.

British exporters including JCB face hundreds of millions in extra costs after President Trump extended Section 232 tariffs to 25%. Industry groups urge UK government action.

Hospitality businesses across Britain are being forced to shut their doors at least one day a week as soaring wage costs and higher taxes pile pressure on the sector.

Chancellor Rachel Reeves is weighing plans to scrap capital gains tax exemptions on high-value homes, in a move dubbed a “mansion tax”, to raise billions and plug a £40bn fiscal gap. Property experts warn it could stall sales and hit pensioners downsizing.

Consumer rights group seeks refunds for 45 million Britons in landmark lawsuit

The Treasury is considering replacing stamp duty with an annual levy on homes over £500k. Experts warn London and South East owners could be hardest hit.

UK gilt yields climbed to 5.61% on 30-year bonds, their highest since 1998, as inflation worries and fiscal pressures mount ahead of Rachel Reeves’s autumn budget.

Soho House, the exclusive members’ club chain that has become synonymous with celebrity culture and creative-class networking, is to return to private ownership in a $2.7bn (£2bn) deal, just four years after its high-profile listing on the New York Stock Exchange.

New NHS data suggests weight-loss jabs like Mounjaro could reduce sick days by a third and save taxpayers £5bn a year. But long waiting lists and high costs remain barriers.

Tesla has cut UK leasing costs by nearly half as sales tumble 60% and Chinese rivals like BYD gain ground. With ad hoc discounts and 0% finance, Elon Musk’s EV giant is betting on affordability to stay competitive.

BrewDog’s UK distribution has fallen by over a third, with Punk IPA dropped from nearly 2,000 pubs. The embattled brewer faces mounting losses, bar closures and reliance on JD Wetherspoon.

Racing chiefs will cancel all UK fixtures on 10 September in protest at plans to raise betting duty from 15% to 21%, warning the move could cost £330m and thousands of jobs.

Marcus Rashford’s exclusive interview on The Rest Is Football hit 1.4m streams in under 48 hours, with social clips topping 48m views, making it Goalhanger’s biggest release yet.

British employees report lower job satisfaction and higher anxiety than workers in India, the Philippines and the US, raising fears workplace unhappiness is fuelling the UK’s productivity crisis.