Guy Hands’ property company Annington has agreed to sell a portfolio of 36,347 military homes to the Ministry of Defence (MoD) for almost £6bn, concluding a protracted dispute between the billionaire investor and the UK government. The deal sees Annington, which was acquired by Hands’ private equity group Terra Firma in 2012, hand back its […]
Category: Economy
Rachel Reeves could be forced into announcing emergency tax rises as early as this spring if the UK’s economic outlook continues to deteriorate, leading economists have warned. The Chancellor’s recently introduced tax and spending rules, known as the “stability rule,” leave her little room to manoeuvre if public finances falter, potentially compelling her to raise […]
The owners of tens of thousands of family-run businesses and farms have urged Chancellor Rachel Reeves to revisit the inheritance tax changes announced in her recent Budget, warning they could trigger forced sales, job losses, and a marked reduction in investment. In an open letter sent over the weekend, Family Business UK—representing 32 trade associations […]
Eight years ago, a small group of private investors placed what seemed like a high-risk wager on an unknown fintech start-up called Revolut. Now those early backers are on the brink of reaping near-millionaire returns, thanks to a decision by the company to let some of them sell a portion of their shares. Investors who […]
UK private sector hiring has fallen at its fastest rate since the global financial crisis (excluding pandemic disruptions), compounding fears that the economy may be edging closer to recession. Fresh data indicates that rising employment costs, triggered in part by Chancellor Rachel Reeves’s decision to hike business taxes, are prompting companies to shed staff and […]
Recent parliamentary revelations about widespread swindling at the South African Social Security Agency (SASSA) have brought renewed attention to the critical role of payment security systems in social welfare distribution. According to an October 2024 parliamentary statement by ACDP MP Wayne Thring, over half a billion rand has been lost to fraudulent activities in the […]
Choosing the best proxy provider may seem as simple as opting for the one with the largest pool of IPs, but it is not so easy at all. A great proxy offer aligns with your specific use case and provides reliable safeguards in case of failures. Nowadays proxies have become essential tools for navigating the […]
In the eyes of a potential customer, what differentiates your brand from that of any other construction business? There might be factors like how well-known you each are, what kind of imagery you used in your marketing materials and the quality of your user reviews, but the core of your company might come across as […]
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Quantum computing represents one of the most extraordinary innovations in modern technology, with the potential to radically transform our ability to solve complex problems. Unlike traditional computers, which process information in bits represented by 0s and 1s, quantum computers use qubits. These can exist in superposition states, allowing simultaneous calculations on a scale unthinkable for […]