Exclusive: UK football clubs owe £1m in tax to HMRC August 18, 2025 Twenty lower league football clubs in the UK have fallen into arrears to the HM Revenue & Customs (HMRC), according to date from chartered accountants and business advisers Lubbock Fine shared with City PM. The value of Pay as You Earn (PAYE) payroll tax owed by football clubs was £1.04m as of 22 May 2025, [...]
Banks ombudsman fights for relevance amid Treasury crackdown August 18, 2025 The Financial Ombudsman Service is battling against a litany of obstacles as the government looks to “fundamentally” change its regulatory makeup. The organisation was rocked earlier this year by a leadership crisis following the abrupt departure of chief executive Abby Thomas in February. A Treasury Committee report, published in July, revealed Thomas had been dismissed [...]
Sorry Nigel, appointing business leaders to government never actually works August 18, 2025 Taking successful people from the business world and putting them in government sounds like a good idea, but history proves otherwise.
Want a better workforce? Help shape it then August 18, 2025 If employers want young people with future-facing skills, they must become more involved in education, writes Chris Hayward.
The five fintech segments to watch August 18, 2025 Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]
Is Perplexity’s $34.5bn bid for Google Chrome strictly a power move? August 17, 2025 Artificial intelligence start-up Perplexity AI has made an unsolicited $34.5bn (£25.4bn) all-cash offer for Google’s Chrome browser, in a move that some analysts say is as much about signalling intent as it is about striking a deal. The San Francisco-based company revealed the bid on Tuesday, reported Reuters, claiming it had secured backing from several [...]
UK inflation to rise as summer spending pushes up hotels and airfares August 17, 2025 UK inflation is set to have edged higher last month as summer spending pushed up flight and hotel costs, and food prices continue to climb. One economist said an “Oasis bump” could have contributed to higher accommodation prices in July. Consumer Prices Index (CPI) inflation is widely expected to have increased in July, from the [...]
Who owns each Premier League club as US shareholdings boom? August 17, 2025 British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]
AI to help slash NHS hospital discharge delays, officials say August 16, 2025 Technology is being piloted to help free up NHS hospital beds which are occupied by people fit to be sent home, officials have announced. The platform uses artificial intelligence (AI) to help complete the documents needed to discharge patients, potentially saving hours of delays. The move will allow doctors to spend less time on paperwork [...]
Rayner claims Reform will ‘fail women’ as she weighs in on online safety row August 16, 2025 Nigel Farage and Reform UK risk “failing a generation of young women” if they scrap online safety laws aimed at preventing revenge porn, Angela Rayner has said. The Deputy Prime Minister demanded Farage explain how his party would keep young women safe when they use the internet, after Reform vowed to repeal the Online Safety [...]
