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Business

  • Exclusive: OnlyFans signs up England cricket star Tymal Mills

    August 4, 2025

    England international Tymal Mills has agreed a partnership with OnlyFans that will see him become the first big-name cricketer on the global content creator platform. Mills joins other athletes including tennis star Nick Kyrgios on the site, where he has promised to share behind-the-scenes content, analysis and one-to-one coaching advice.  As part of the partnership, [...]

  • Business chiefs urge Labour to train UK’s young Neets

    August 4, 2025

    Top business executives across the country have urged the Labour government to introduce a tax relief for training young people not in employment, education or training (Neet).  In a joint letter to Chancellor Rachel Reeves signed by over 125 business leaders including senior figures at Toyota and JCB, the government was urged to take urgent [...]

  • Reeves’ non-dom crackdown is unwittingly driving rich Brits away too

    August 4, 2025

    The hordes of wealthy foreigners leaving Britain to escape the government’s non-dom crackdown are being joined by high-net-worth Brits capitalising on an arcane element of the policy that has made it easier for them to avoid paying inheritance tax (IHT). Several wealth advisers and tax lawyers have reported a “second wave of interest” from middle-aged [...]

  • High street banks lost £100bn in customer savings to rivals since 2019

    August 4, 2025

    High street lenders have lost the equivalent of £100bn in customer savings to online banks and building societies as they come under pressure to adapt amid a major shift in the sector, according to a report. KPMG’s latest State of the Banks report found that traditional banking groups saw their market share in deposits drop [...]

  • Airline hails spike in premium bookings to the UK

    August 4, 2025

    Airline Emirates has recorded a surge in bookings from affluent visitors to the UK, which it claimed is “driving forward economic growth” in the country.

  • Motor finance redress scheme to cost up to £18bn, FCA says

    August 3, 2025

    The Financial Conduct Authority has confirmed it will consult on an industry-wide redress scheme following the Supreme Court’s motor finance ruling last Friday. The City watchdog is aiming to publish a consultation by early October, with total costs of the redress expected to be between £9bn and £18bn. The regulator said in June that any [...]

  • Borrowing costs set to ease further as Bank contends with weaker jobs market

    August 3, 2025

    Borrowing costs are set to ease further as the Bank of England contends with stagnant growth and rising unemployment, experts have predicted. Most economists think the Bank’s Monetary Policy Committee (MPC) will cut interest rates by 0.25 percentage points to 4% on Thursday. It could release pressure for some mortgage holders amid hopes that cheaper [...]

  • Guinness sales in focus as Diageo updates market after boss’s exit

    August 3, 2025

    Investors in Diageo will be hoping the continued boom in demand for Guinness will help put the drinks giant back on track following the departure of its boss, and challenging conditions. The FTSE 100 firm, which also makes Johnnie Walker whisky and Gordon’s gin, is among the index’s weaker performers this year, with its share [...]

  • Snoop Dogg, Reynolds and Modric: What’s luring stars to Welsh football?

    August 3, 2025

    From Wrexham to Swansea and, perhaps soon, Cardiff: is the need for narratives leading the rich and famous to Welsh football? Two years ago, an American couple at Crewe train station asked me if they were on the right platform. They’d travelled from the other side of the world to go on a football pilgrimage.  [...]

  • Home Office to crack down on promoting small boat crossings online

    August 3, 2025

    Anyone who advertises small boat Channel crossings or fake passports on social media could face up to five years in prison under new plans. Ministers are seeking to create a new offence under the Border Security, Asylum and Immigration Bill already going through Parliament, to widen its scope to tackle illegal entry to the UK. [...]

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