Bosses warn of family firm firesale as inheritance tax crackdown kicks in April 7, 2026 The government’s contentious inheritance tax crackdown on family firms will lead to the break-up of thousands of beloved British businesses and is already stifling investment, a group of influential bosses have warned. The Treasury’s plans to end a decades-old carve out from death duty for family-run firms came into force on Monday, meaning offspring of [...]
OpenAI calls for ‘tax on automated labour’ as it sounds alarm on economic risks April 7, 2026 OpenAI has called for a tax on automated labour as the firm laid bare the scale of the structural risks to the global economy that could be wrought by the rise in artificial intelligence. In a wide-ranging set of proposals in a paper described as “Industrial Policy for the Intelligence Age”, the ChatGPT maker called [...]
London’s top 2025 listings tumble in blow to IPO revival hopes April 7, 2026 London’s biggest listings in 2025 have all tumbled since the start of the year, dealing a blow to hopes of a revival in the capital’s lacklustre IPO market. The five biggest floats from last year slumped by an average of 26 per cent in the first quarter of 2026, according to a City PM analysis, [...]
Private credit firm exposed after cosmetics retailer plunges into administration April 7, 2026 A private credit firm has been forced to write down the value of one of its portfolio companies after online retailer Give Me Cosmetics was placed into administration. London-based Beechbrook capital, which offers finance to lower mid-market British businesses, had lent around £6.5m to fund the acquisition of Give Me Cosmetics in April 2024, in [...]
‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer April 7, 2026 Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]
14 charts reveal the massive challenges facing UK and NATO defence spending April 7, 2026 Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]
Good news at last? Financial services sector rebounds at fastest rate this century April 7, 2026 Britain’s financial services sector rebounded in the first three months of this year powered by the fastest single-quarter recovery since 1996, a closely watched survey found. According to the CBI’s industry-wide survey, sentiment among financial firms improved for the first time in nearly two years, as an uptick in profitability was aided by the uncertainty [...]
The Masters delivers food now, and it’s desire wrapped in identity April 6, 2026 Large Hosting Kit: sold out. The Classics Kit: sold out. Azalea Cocktail Kit: sold out. Masters fever really is here, and fans have been keen to snap up anything branded with the yellow colourway United States coastline and Augusta red flag. For a number of years now the Masters organisers have been selling hosting kits [...]
Trump turmoil in Asia sends chills through Seoul while China keeps its cool April 6, 2026 The war in the Middle East has sent shockwaves through global markets, stoking volatility across exchanges and asset classes everywhere. But one region, Asia, has been particularly exposed, due to its position at the forefront of the daily trading cycle. As the latest on-the-ground headlines line up alongside President Donald Trump’s erratic social media posts [...]
Unprecedented number of Liverpool fans set for PSG and Parc des Princes April 6, 2026 Policing decisions in France mean Liverpool will take an unprecedented number of fans to Paris Saint-Germain’s Parc des Princes in the Champions League on Wednesday. Officials had previously hindered PSG’s ability to meet Uefa rules on tickets handed out to away supporters – currently five per cent of a stadium’s capacity for Champions League games. [...]
