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Business

  • 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 [...]

  • Business confidence edges up despite tax raid fears

    August 29, 2025

    Business confidence has grown for the fourth consecutive month, according to a fresh survey, despite rising speculation of a fresh tax raid on businesses by the Labour government. Lloyds Bank’s business confidence index edged up two points to 54 per cent in August as sentiment among manufacturers climbed to its highest in a decade. The [...]

  • Lucrative law firm jobs remain dominated by men

    August 29, 2025

    Lucrative senior dealmaking roles in UK law firms remain dominated by men, leaving female partners unable to make a dent in competitive areas of law. Men made up 80 per cent of partners hired into corporate and finance practices in the years 2019 to 2024, according to data from legal recruiter Edwards Gibson. Commercial and [...]

  • Free-to-air TV should be crucial pillar for rugby union

    August 29, 2025

    Whether it be the Women’s Rugby World Cup pulling in millions of viewers on the BBC or the Six Nations being a staple of Saturday afternoon TV guide planning, free-to-air is crucial for a sport like rugby union. It is a sport that needs eye balls and a sport that thrives off being given prime [...]

  • Thousands face fines after HMRC misses CGT update

    August 29, 2025

    Tax experts have warned that “tens of thousands” of people could fall foul of penalties this year after tech issues left HMRC’s online filing system unable to properly reflect the recent changes to capital gains tax as implemented in Rachel Reeves’ first budget last year. The chancellor’s Autumn Budget increased CGT rates on disposals of [...]

  • Rachel Reeves’ winter fuel raid to raise £1.3bn less than hoped

    August 29, 2025

    Rachel Reeves’ fiscal agenda has been dealt another chilling blow with new data revealing savings from the winter fuel allowance will be lower than hoped after Labour’s row back. The Chancellor’s winter fuel raid will raise £1.3bn less than originally planned before the government U-turned following a rebellion from backbenchers. Just £227m is set to [...]

  • Canary Wharf announces plans for an Olympic-sized open-water lido

    August 29, 2025

    Canary Wharf plans to open an Olympic-sized open-water lido at Eden Dock in its latest push to expand its leisure offering. Set to open next summer – subject to planning approval – Sea Lanes Canary Wharf will offer a natural water lido, plus saunas, a clubhouse and a restaurant. “Almost one year on from the [...]

  • Rachel Reeves told ‘copy Margaret Thatcher’ with bank tax raid

    August 29, 2025

    Britain’s banking titans are back in the hot seat as Rachel Reeves faces renewed calls to hike taxes on lenders. The self-described “iron Chancellor” has been advised to take a leaf out of Margaret Thatcher’s book with a fresh levy on banks that would hand the Treasury up to £8bn a year. The levy – [...]

  • One time passcodes fuel rise in digital wallet fraud

    August 28, 2025

    Warnings have emerged over the security of digital wallets, following a report by consumer group Which? found widespread use of easily compromised one-time passcodes (OTPs) by some banks, leaving customers increasingly open to fraud. The investigation, which surveyed fifteen high-street and digital banks, found that the majority are still relying on SMS OTPs to verify [...]

  • Household costs hit private renters and families in Labour’s first year

    August 28, 2025

    Household costs rose higher for families and renters than other groups in the year to June, official data has shown, as inflation has nearly doubled in the first year of Labour compared to the last year of the previous Conservative government. The Office for National Statistics (ONS) said overall UK household costs rose by 3.9 [...]

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