Professional landlords to replace ‘hobbyist’ investors August 5, 2025 The much-publicised decline of the small-scale private landlord is leaving huge scope for professional lenders to take their place, in a ‘net positive’ for the market, according to property experts. Private landlords are being squeezed from all directions: A combination of lower tax relief, higher mortgages and tighter regulation has continuously pushed yields down. Amateur [...]
Millions of savers to face ‘hidden tax burden’ August 5, 2025 Millions of Brits will face a ‘hidden tax burden’ this year, fresh HMRC data has revealed, as thousands more are set to pay tax on the interest from their savings. Over 3.35m people are projected to be taxed on savings interest in 2025 – where the interest earned on savings exceeds the tax-free allowance and [...]
Lawyer for Nadhim Zahawi seeking to appeal misconduct Tribunal ruling August 5, 2025 The Osborne Clarke lawyer who was found guilty of misconduct for his attempt to silence Dan Neidle on a story over Nadhim Zahawi’s tax affairs is now seeking an appeal.
UK economy sees fastest services orders slowdown since Liz Truss August 5, 2025 Hopes of a quick recovery to the UK economy are fading as orders in the services sector fell at the fastest rate since Liz Truss’ mini-budget in late 2022, fresh data has suggested. S&P Global’s latest composite purchasing managers’ index (PMI) showed a fall from a score of 52 in June to 51.5, which remains [...]
Brisbane Olympic stadium build threatened by burial ground claims August 5, 2025 An indigenous group has launched a legal appeal to block the construction of the main Brisbane 2032 Olympic Stadium due to fears the site could contain “ancestral remains”. The Queensland government in March announced it would build a 63,000-seater stadium in Victoria Park to be the centrepiece of the Games. The Yagara Magandjin Aboriginal Corporation [...]
FCA fines Neil Woodford and Woodford IM £46m after fund failures August 5, 2025 The Financial Conduct Authority (FCA) has issued a £46m fine against once-renowned investment manager Neil Woodford and his former firm, Woodford Investment Management (WIM). The City watchdog handed Woodford a fine of £5.88m and banned him from holding senior manager roles and managing funds for retail investors. The authority also fined Woodford Investment Management £40m. [...]
Thomas Partey: Former Arsenal star bailed until September August 5, 2025 Former Arsenal footballer Thomas Partey has been granted conditional bail after appearing in court on rape and sexual assault charges. The Ghana midfielder, 32, has been charged with five counts of rape against two women, as well as a charge of sexual assault against a third woman. He stood with his arms behind his back [...]
Immigration is top voter concern, exclusive poll says August 5, 2025 Reducing immigration became more important to voters in July, polling has shown, amid social instability over anti-migrant protests and more calls from top UK economists for a greater focus on getting Brits into the labour market before hiring overseas workers. Research by City PM/Freshwater Strategy has shown reducing immigration is the single most important issue [...]
Losses double at global recruiter despite sales passing £2bn August 5, 2025 Losses at a UK-headquartered global recruitment giant more doubled despite its revenue passing the $3bn (£2.2bn) mark during its latest financial year. Altrincham-headquartered NES Fircroft has posted a pre-tax loss of $67.7m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The loss comes after the business also [...]
TNT Sports to show England’s 2025-26 Ashes series in Australia August 5, 2025 TNT Sports will show the men’s Ashes series this winter after striking a one-year deal with Cricket Australia. England head Down Under looking to end Australia’s grip on the urn, which they have held since 2018. It follows a thrilling contest with India, which culminated in a six-run fifth-Test win and 2-2 series draw at [...]
