Businesses put brakes on investment before Budget October 28, 2025 UK businesses are putting investment and hiring plans on ice ahead of next month’s eagerly anticipated Budget, fearful the Chancellor will squeeze business to plug the UK’s fiscal shortfall for the second time in as many years. According to a fresh poll of small and medium-sized businesses, more than four in five (84 per cent) [...]
Landlords advised to ‘get their ducks in a row’ as Renters’ Rights Bill signed to law October 28, 2025 The Renters’ Rights Bill received Royal Assent yesterday after a year-long journey through Parliament. The bill, which will remove so-called no-fault evictions, strengthen tenant protections and digitalise the sector, promises to shake up the market for both landlords and tenants – with considerable new burdens for the former. Prime Minister Keir Starmer said the government [...]
Cocreate Europe: Join Alibaba.com’s flagship B2B event to supercharge your business in 2026! October 28, 2025 SMEs from across Europe are expected to convene in London later this Autumn for CoCreate Europe, the flagship SME-focused trade event by Alibaba.com. Bringing together millions of buyers with millions of global sellers, Alibaba.com is a leading platform for global business-to-business e-commerce. Alibaba.com is revolutionising how SMEs are accessing global supply chains, enabling British buyers [...]
Apple and Microsoft to join Nvidia in $4tn club amid AI market boom October 28, 2025 Apple and Microsoft are each within touching distance of a $4tn (£3.01tn) market valuation, setting the stage for a big week of earnings on Wall Street as investor confidence in AI continues to propel Big Tech stocks to new heights. Both tech heavyweights’ shares rose on Monday, leaving them less than two per cent away [...]
PwC shrinks global headcount amid $1.5bn AI drive October 28, 2025 Big Four giant PwC has shrunk its global workforce for the first time since 2010, trimming staff numbers by nearly 6,000, as the chairman cited investments in AI tools. In its annual report, published on Tuesday, PwC firms reported record gross revenues of $56.9bn for the 12 months ending 30 June 2025, marking a 2.7 [...]
Nokia shares up 20% as Nvidia takes $1bn stake October 28, 2025 Nokia shares soared as much as 20 per cent on Tuesday after announcing that Nvidia will take a $1bn equity stake in the Finnish telecoms group and partner on developing next-generation 6G and AI. The deal will see Nvidia purchase more than 166 million new Nokia shares at $6.01 each, giving the American chipmaker a [...]
Lawyers to rethink personal tax structures as Reeves set to target LLPs October 28, 2025 Chancellor Rachel Reeves’s proposed tax raid on LLPs may force partners to work longer or reconsider their retirement plans, with significant financial implications for many professionals. It was reported last week that Reeves is targeting limited liability partnerships (LLPs) in a tax raid as she tries to fill a fiscal black hole. The proposed 15 [...]
Exclusive: Wembley interested in hosting NRL rugby league match in 2027 October 28, 2025 The FA has expressed interest in staging an NRL game at Wembley in 2027 after attracting a crowd of over 60,000 for last Saturday’s Test match between England and Australia, the highest ever crowd in the UK for a rugby league Ashes clash. The NRL is planning to launch its 2027 season with a so-called [...]
Paddy Power founder: Bookies ‘scaremongering’ over tax hike damage October 28, 2025 The betting sector is “scaremongering” over the potential damage of a tax raid on gambling, according to the retired co-founder of Paddy Power, who said he had led similar industry warnings of job losses and store closures before other mooted tax changes. Stewart Kenny, who served as chairman and chief executive at the Irish gambling [...]
Why are asset managers turning away from the US? October 28, 2025 Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw a significant bounce back in recent months, shaking off the lows that followed Trump’s tariff announcement in April, with investors not yet losing their appetite [...]