HMRC: self-employed workers twice as likely to file taxes late May 8, 2026 Self-employed workers are twice as likely to file their taxes late compared to higher earners, City PM can reveal, amid renewed focus over the administrative burden facing freelancers and sole traders. Those that are self-employed and on the lowest incomes below the basic tax rate threshold, are “significantly more likely to miss the self assessment [...]
Forget non-doms, it’s the British founder exodus that matters May 8, 2026 Non-doms leaving is hardly surprising. It's the British founders rearranging their affairs that should make us worry, writes Simon Malkiel.
IAG: British Airways owner plays down jet fuel shortage concerns May 8, 2026 British Airways owner IAG has played down fears of a jet fuel shortage forcing it to cancel flights this summer but warned investors to expect lower earnings as a result of the ongoing conflict in the Middle East. The London-listed carrier said the pan-regional war that has now dragged into its third month will have [...]
‘Lacking motivation’ – UK employers worry about graduates’ attitude May 8, 2026 Over half of employers are concerned over the professional conduct of graduate hires, according to new research. As many as 52 per cent of companies said they had increased time spent undertaking professional conduct training and supporting employees in the shift from education to employment, according to the Institute of Student Employers (ISE) The Institute, [...]
Paddy Power owner’s London exit fears mount as shares slide May 8, 2026 Flutter Entertainment is facing fresh scrutiny after analysts warned the gambling giant’s battered share price is effectively “pricing in zero US growth”, as fears mount over a potential full London Stock Exchange exit. The Paddy Power and FanDuel owner has come under renewed pressure after cutting guidance despite posting stronger quarterly revenues, with investors increasingly [...]
FTSE 100’s Intertek rejects sweetened £10bn bid from EQT May 8, 2026 Board of the testing firm unanimous is saying 5,800p price tag ‘undervalues’ the group FTSE 100 constituent Intertek has rejected the latest bid for the testing company from Swedish private equity firm EQT, saying the £10bn, 5,800p-per-share offer “significantly undervalues” the group. Friday’s rebuttal was the third consecutive knock-back, following previous cash offers at 5,150p [...]
IMF warns AI cyberattacks could trigger global financial crisis May 8, 2026 Evermore sophisticated AI-powered cyberattacks could threaten the stability of the global financial system, The International Monetary Fund (IMF) has warned, as regulators race to contain a new generation of threats. In their new report, the IMF said extreme cyber incidents could spark liquidity pressures and solvency concerns across banks and financial institutions. The lender warned [...]
Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again May 8, 2026 Average house price down to to £299,313 in April from £299,609 the month before A closely-watched survey from one of the UK’s biggest home loan providers has found that house prices slipped again last month. The Halifax said the prospect of higher bills at a time of rising inflation was a factor in the market. [...]
In defence of Bristol Bears CEO Tom Tainton’s rugby marketing comments May 8, 2026 “At Bristol Bears, we don’t call ourselves a rugby club. We are a marketing agency that plays rugby. Yes, our players have to be competent and able to deliver on the field, but if they are not bringing any value off the field, that genuinely factors into our recruitment conversations.” Those were the words of [...]
City calls on tech firms to tackle Britain’s fraud epidemic May 8, 2026 Canada Corporation is calling on tech firms to help build a new digital identity verification network, designed to crack down on fraud and reduce the growing costs of financial scams. Under the plans, shared with City PM, consumers would verify their identity once with a trusted provider before reusing those credentials across [...]
