National Insurance ‘final nail in coffin’ for landlords as some already seek exit August 29, 2025 A national insurance raid on landlords’ rental income risks being the final straw for smaller landlords, with some already making plans to leave the sector. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Earnings from property, pensions and savings are currently largely exempt from NI [...]
Premier League spending hurtles towards £3bn mark August 29, 2025 Alexander Isak’s on-off transfer from Newcastle United to Liverpool will not be of interest only to fans and bean-counters on Tyneside and Merseyside. The protracted deal is also one for the transfer data crunchers and historians of English football’s top flight, given that it could represent the passing of multiple financial milestones. Isak’s transfer fee [...]
Alibaba unveils new AI chip as Nvidia’s China headache deepens August 29, 2025 China’s tech giants are racing to plug the gap left by Washington’s export bans, with Alibaba rolling out a new AI processor designed to replace Nvidia’s restricted H20 chip. The e-commerce titan, now also the country’s largest cloud-computing group, said the chip is more versatile than its predecessors and is aimed squarely at domestic AI [...]
House sales rise in summer, but will property tax rumours kill confidence? August 29, 2025 The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]
Assets at Evelyn Partners hit a record high amid tax raid speculation August 29, 2025 Evelyn Partners has maintained its run of strong inflows, as speculation about pension changes drives customers to seek wealth management advice. The wealth management firm generated £3.7bn of gross inflows in the first half of the year, a seven per cent jump from the £3.5bn recorded in 2024. Assets under management (AUM) reached a record [...]
Law firm launches internal probe after Church of England victim data leak August 29, 2025 City law firm Kennedys Law has launched an internal investigation after the personal details of Church of England abuse victims were leaked. The Church has been battling its failures as it was accused of covering up decades of child abuse committed by prolific child abuser John Smyth. The Makin Review, published last November, found Smyth [...]
Nigel Farage’s Brexit grudge match August 29, 2025 Nigel Farage is capitalising on decades of failure to deliver on immigration, but there’s a deeper question: what did Britain really mean by Brexit? Asks Alys Denby “There’s a high priest of Euroscepticism who thinks quoting large amounts of Shakespeare will help connect with people” said Nigel Farage when vying with Daniel Hannan to head [...]
Sky Sports expands NFL coverage with new three-year deal August 29, 2025 Sky Sports has agreed an expanded three-year deal with the NFL that will see the broadcaster show up to five live games per weekend in the UK. Sky will have first pick of games at both 6pm and 9pm on Sunday, as well as showing up to three more games from those timeslots concurrently. In [...]
Natwest and Lloyds shares lead £8bn plunge amid bank tax fears August 29, 2025 Shares in a number of Britain’s biggest banking giants tumbled on Friday as speculation that Rachel Reeves would use the sector for an easy cash grab ramped up. Natwest topped the FTSE 100’s fallers, losing over five per cent. Meanwhile, Lloyds was down nearly four per cent, Barclays just over two per cent, whilst HSBC [...]
Tribunal filing shows UK pushed for wider back-door access to Apple data August 29, 2025 A new court document reveals that the UK government sought broader “back-door” access to Apple’s private customer data amid ongoing controversy over the impact of the UK’s Investigatory Powers Act. According to the Financial Times, a new legal document has been filed with the Investigatory Powers Tribunal (IPT), an independent court that reviews complaints against [...]
