Donald Trump signs executive order allowing crypto in US 401(k) retirement plans, opening up the $9tn market to digital assets and reshaping global pension strategies.
Category: News
Stay informed with the latest UK self-employed news, small-business policy changes, tax updates and freelancer market trends.
Bank of England cuts interest rates to 4% in historic two-round vote amid economic slowdown
The Bank of England has cut interest rates to 4% in a historic two-round vote, citing rising unemployment and sluggish growth despite inflation climbing to 3.6%.
Horizon victim Lee Castleton sues Post Office and Fujitsu for £4.5m in landmark legal claim
Former sub-postmaster Lee Castleton files £4.5m lawsuit against the Post Office and Fujitsu over the Horizon scandal, seeking financial redress and judicial vindication.
UK construction activity slumps to lowest level since Covid amid housing slowdown
UK construction activity contracted at its steepest rate since May 2020, with housebuilding plunging and fresh doubts raised over the government’s 1.5m new homes target.
OpenAI in talks over $500bn share sale, potentially surpassing SpaceX in value
OpenAI is reportedly in talks for a share sale that could raise its valuation to $500bn, overtaking Elon Musk’s SpaceX and further solidifying its AI leadership.
TSB brand under threat as £2.65bn sale to Santander approved by Sabadell shareholders
Sabadell shareholders approve £2.65bn cash sale of TSB to Santander, raising concerns over the future of the historic high street brand amid planned integration and branch closures.
Starmer refuses to rule out tax hikes as economists warn of £50bn fiscal black hole
Keir Starmer refuses to rule out income tax or VAT increases as economists warn Labour faces a £50bn funding gap to meet fiscal rules and maintain spending commitments.
Trump to announce $100bn Apple investment pledge to boost US manufacturing
Apple pledges an additional $100bn to expand U.S. production, amid pressure from President Trump to reduce offshore manufacturing and avoid new iPhone tariffs.
Visa in talks to move European HQ to Canary Wharf in boost for Docklands
Visa is in advanced talks to move its European headquarters to One Canada Square, signalling confidence in Canary Wharf amid high-profile tenant departures.
Ageing car fleet risks slowing UK’s electric vehicle transition, warns RAC Foundation
The average car in the UK is now nearly 10 years old, RAC Foundation data shows, raising concerns that slower vehicle turnover could hinder the switch to electric cars.
One in ten businesses lose staff over office return demands, BCC finds
New BCC research reveals 9% of UK firms have lost staff due to remote working policies, with half expecting full office returns by next year amid productivity concerns.
Neil Woodford fined £46m and banned from senior City roles over fund collapse
Disgraced fund manager Neil Woodford and his firm fined £46m by FCA for mismanaging the Woodford Equity Income Fund, leaving investors £1bn out of pocket and damaging confidence in retail fund management.
Rachel Reeves warned she must raise £50bn in taxes or cuts to avoid fiscal crisis
Economists warn Chancellor Rachel Reeves will need to raise £50bn annually through tax increases or spending cuts by 2029 to meet Labour’s fiscal rules and stabilise public finances.
Calls mount for Neil Woodford to be stripped of CBE as FCA hands down multi-million pound fine
Campaigners urge Honours Forfeiture Committee to strip Neil Woodford of his CBE after the FCA fines him £5.9m and bans him from retail fund management.
Shein fined €1m in Italy for misleading environmental claims
Shein has been fined €1m by Italian regulators for misleading environmental claims, just weeks after a €40m penalty from France over deceptive commercial practices.
