The UK hair salon industry faces an uncertain future, with two in five salons at risk of closure due to rising employment costs outlined in last month’s budget. Industry leaders, including Carla Whelan, CEO of the Regis and Supercuts salon group, have voiced concerns over the “devastating” impact of increased employer national insurance contributions, which […]
AI-driven disruption could displace between 1 and 3 million private sector jobs in the UK over the next two decades, according to a new report from the Tony Blair Institute (TBI). However, the thinktank also suggests that the rise in unemployment will be relatively contained, with long-term losses predicted to remain in the “low hundreds […]
New research from Co-op reveals that up to 7.4 million people in the UK—equivalent to the populations of Scotland and Northern Ireland combined—are missing out on career or educational opportunities due to their socioeconomic background. The study found that 70% of individuals from lower socioeconomic backgrounds face barriers that impact their access to opportunities, with […]
Investors are keenly awaiting SSE’s interim results on Wednesday, hoping for an update on the FTSE 100 energy group’s spending plans and progress on its renewable projects. SSE, one of the UK’s largest offshore wind developers, recently completed several significant projects, including the 443-megawatt Viking onshore wind farm, the Shetland subsea link, which will connect […]
NatWest has purchased £1 billion of its own shares from the UK Treasury, lowering the government’s stake in the FTSE 100 lender to just over 11%. This buyback, the second of its kind in 2024, saw NatWest acquire 263 million shares at a price of 380.8p each, a step CEO Paul Thwaite describes as an […]
Lloyds Banking Group faces mounting pressure from MPs, business groups, and a staff union to release the full, unredacted findings of the Dame Linda Dobbs review, a report examining Lloyds’ handling of a £1 billion fraud at HBOS, which the bank acquired in 2009. The delay has drawn criticism, with figures like Lord Tyrie, former […]
The UK could face a major economic hit if President-elect Donald Trump enacts a 20% blanket tariff on all imports to the US, potentially costing British exporters up to £22 billion, according to new research from the Centre for Inclusive Trade Policy (CITP) at the University of Sussex. Economists estimate that UK exports could decline […]
The price of bitcoin has surpassed $80,000 (£62,000) for the first time, buoyed by Donald Trump’s recent election victory and Republicans moving closer to full control of the US Congress. With expectations for a more crypto-friendly administration, the world’s largest cryptocurrency has surged, marking an over 80% increase in value this year. Trump’s campaign promises […]
Boxing icon Chris Eubank has taken on a new challenge, stepping into the tech space with the launch of Trust Huddle —a pioneering platform that promises to transform community fundraising and administration. Designed to empower communities with easy-to-use tools on their phones, Trust Huddle is a free, all-in-one solution for groups of all kinds, from […]
Grenada offers an appealing route to gaining citizenship via Grenada property investment citizenship, allowing individuals to obtain a second passport by making an eligible real estate purchase. This opportunity opens doors to global mobility, permitting Grenadians to move without restrictions to more than 140 locations, including prominent regions such as the EU, the UK, and […]