Business secretary to meet JCB boss after concerns raised about US tariffs August 25, 2025 Jonathan Reynolds will meet the boss of JCB after the company was among those which raised the alarm about the impact of new US tariffs on British businesses. JCB chief executive Graeme Macdonald called on the UK Government to get a “deal done quickly” with the US on steel, after hundreds of British goods became [...]
Hospitality bears brunt of job losses since October budget as costs rocket August 25, 2025 Over half of all job losses in the UK since last October’s budget have been in hospitality as the sector struggles under the weight of rising costs, according to new data. Of the 164,641 job losses in the UK since the Budget last October, almost 89,000 have been lost in hospitality. The scale of job losses [...]
Thousands of pensioners overcharged £10,000 on pension withdrawals August 25, 2025 Thousands of pensioners have claimed back more than £10,000 after being overcharged tax on their pension withdrawals, new analysis shows. A handful of people in the UK were given a refund worth more than £100,000. The HMRC figures, which were obtained by Royal London through a freedom of information (FOI) request, show an increase in [...]
Nostalgia won’t save the steel industry, no matter how hard Labour tries August 25, 2025 As the government takes control of another beleaguered steel works, Eliot Wilson asks what, exactly, the long-term plan is?
Londoners, a rallying call! Embrace new technology, or watch others eat our lunch August 25, 2025 London's tech scene is world-leading, but complacency risks being our Achilles heel, writes Lord Mayor of London Alastair King.
Government commit £1.5m to cricket domes, including in Luton August 25, 2025 The Government has committed £1.5m in funding towards the construction of two indoor cricket facilities ahead of the 2026 Women’s T20 World Cup. The cash injection will see Luton and Lancashire get domes to ensure cricket can be played year-round. DCMS secretary Lisa Nandy said: “Cricket has a remarkable power to inspire and unite communities [...]
Trump’s tariff salvo blindsides UK manufacturers August 24, 2025 Donald Trump has blindsided UK manufacturers by slapping fresh tariffs of up to 25 per cent on more than 400 categories of British goods, from shampoo and children’s highchairs to motorcycles and diggers. Conservative shadow trade secretary Andrew Griffith accused ministers of failing to protect exporters, saying: “When it comes to protecting UK businesses from [...]
New Look owners line up Rothschild as high street chain prepares for possible sale August 24, 2025 The owners of New Look have appointed Rothschild to oversee a strategic review that could see the high street fashion chain change hands next year. Alcentra and Brait, which have controlled the retailer since 2020, tapped the investment bank after receiving unsolicited approaches from potential buyers, Sky News reported. No timeline has been set for [...]
JD Sports shareholders hoping for progress amid US consumer weakness August 24, 2025 JD Sports investors will be hopeful the retailer can show signs of progress next week after sales came under pressure at the start of the year. The impact of US tariffs and its overall performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday 27 August. Shares [...]
Entain: US Open set to be most bet-on grand slam ever August 24, 2025 Betting on tennis is soaring with the US Open at Flushing Meadows set to be the most bet-on grand slam in history. Ladbrokes, Coral and BetMGM owner Entain is forecasting the coming major, which begins in New York later today, to smash betting records across tennis. The racket sport has climbed into the top two [...]
