HMRC’s new tax adviser legislation puts ‘undue burden’ on professionals September 16, 2025 From next April, tax advisers will be required to register with HMRC and meet certain minimum standards, as a top legal body has warned that this “risks undue burden on professionals.” Following a consultation carried out in 2024, HMRC published its policy paper and draft legislation in July, which outlined a new legal requirement for [...]
Fund managers dumping UK stocks at fastest rate in two decades September 16, 2025 The scale of investor doubts over the British economy has been laid bare after fresh data found fund managers were pulling out of UK stocks at a pace not seen in more than two decades. Average equity allocations to the UK dropped from a net 2 per cent underweight in August to a net 20 [...]
Rachel Reeves hosts Scott Bessent and finance execs for investment talks September 16, 2025 Chancellor Rachel Reeves hosted US Treasury secretary Scott Bessent and top dogs from most of the world’s biggest finance firms in a warm-up event ahead of President Donald Trump’s UK arrival on Tuesday evening. City firms including Barclays, HSBC and Revolut sent representatives to Downing Street, where they were joined by bosses from top Wall [...]
Trump’s UK state visit sparks tech investment buzz, but how realistic are the gains? September 16, 2025 US president Donald Trump will arrive in the UK on Tuesday evening for a state visit, bringing with him a wave of attention on transatlantic tech investment. The two-day trip, marked by royal pageantry at Windsor Castle and private talks at Chequers with Prime Minister Keir Starmer, coincides with announcements already made of nearly $10bn [...]
Trustpilot CEO: ‘We’re delivering something really unique for big companies’ September 16, 2025 Shares in Trustpilot have surged by 10 per cent after it reported a strong first half of 2025 and the announcement of a £30m share buyback. Revenue grew 23 per cent to $122.8m (£90m), while bookings increased 19 per cent to $140m. Adjusted EBITDA [Earnings Before Interest, Taxes, Depreciation and Amortisation] jumped 70 per cent [...]
European T20 Premier League: Is this cricket’s next growth market? September 16, 2025 When Italy’s men secured their historic qualification for next year’s T20 World Cup earlier this summer, the cheers reached all the way to India. Over in the subcontinent, a group backed by Bollywood royalty toasted the news as proof of their belief that European cricket is a largely untapped well of talent – and, more [...]
From law to tech: Who’s championing equal parental leave in the UK? September 16, 2025 New research has revealed the inaugural list of 165 UK employers that offer equal parental leave, including more than 20 professional services firms. The full findings, which will be formally launched at the UK’s first Working Dads’ Summit, revealed that 72 of the 165 companies offer dads up to six months of fully paid paternity [...]
Sky to cut hundreds of UK jobs as broadcaster shifts focus September 16, 2025 Sky, the Comcast-owned broadcaster, is set to cut around 900 jobs in the UK as it shifts its focus from new product launches to enhancing existing services and competing with US streaming giants. Around 600 roles are expected to go in the group’s operations, the FT first reported, with the remaining staff potentially redeployed, depending [...]
Luxury gym Third Space sees profit double after membership surge September 16, 2025 Third Space has reported a more than doubling of profits after an expansion in venues helped drive a surge in memberships. The London-based luxury gym club, which operates more than a dozen sites across the capital, posted a 115 per cent rise in pre-tax profit to £11.1m in 2024, accounts published to Companies House show. [...]
State pension boost raises questions on tax and triple lock future September 16, 2025 While pensioners may be cheering a proposed 4.7 per cent rise in the state pension, there are lingering questions over the sustainability of such increases and the viability of the triple lock itself. The proposed uplift means that payments to retirees are on track to rise by more than £560, bringing the new full state [...]