Donald Trump’s proposals to impose hefty tariffs on goods entering the United States could deliver a £20 billion blow to the British economy, analysts have warned. The President-elect’s plan to levy a 60% tariff on Chinese products sold to American businesses, alongside a 20% tariff on all other imports, “poses challenges” for the UK government, […]
Category: Finance
Begbies Traynor, one of Britain’s leading corporate restructuring firms, anticipates a rise in the number of businesses facing financial distress in the coming months due to the recent budget changes. The company expects that the Chancellor’s decision to increase employers’ National Insurance contributions will exacerbate cost pressures on businesses already grappling with economic headwinds. While […]
Claims for multibillion-pound business tax incentives are more likely to be non-compliant when submitted with the assistance of specialist agents, according to an official review by HM Revenue & Customs (HMRC). An inquiry into research and development (R&D) tax credits—schemes intended to encourage innovation but undermined by fraud and error—found that behaviour among some agents […]
London-based tech firm Goodstack has secured £22 million in venture capital funding, positioning it to facilitate £2.4 billion in employee donations to good causes this year. The company, whose platform is utilised by major corporations such as HSBC, LinkedIn, and design software firm Canva, has been quietly investing the capital raised from San Francisco-based General […]
Female board members at FTSE 100 companies are paid 69% less than their male counterparts, underscoring the persistent gender pay gap at the highest levels of British business. According to research by Fox & Partners, the employment and partnership law specialists, women in board roles took home an average of £335,953 last year, compared with […]
Evri, the UK’s third-largest parcel delivery company, has more than doubled its annual pre-tax profits, achieving £119 million for the 53 weeks ending February. The surge follows a “record year” for deliveries, with parcel volumes up 14.9 per cent to over 730 million, buoyed by a £32 million investment in customer service and rising demand […]
Asking prices for homes in the UK dropped sharply in November, with the average price of newly listed properties falling 1.4 per cent to £366,592, according to Rightmove. The decline, which exceeds the long-term November average of 0.8 per cent, comes as “pre-budget jitters turned into post-budget disappointment” following stamp duty hikes and a lack […]
The government has outlined contingency measures to ensure supermarket shelves remain stocked amid potential farmer protests over inheritance tax reforms. However, ministers reassured the public that food supplies will not be disrupted, even as tensions rise within the agricultural community. Farming leaders have warned of deep unrest, labelling the policy change a “betrayal” of rural […]
Growing a business is an exhilarating journey filled with opportunities and challenges alike. Yet, as a company expands, its legal landscape becomes increasingly complex. Regulatory obligations, contractual agreements, and employment laws all demand meticulous attention to detail, leaving little room for error. Unfortunately, even a minor legal oversight can lead to significant complications. For companies […]
In today’s competitive marketplace, small and medium-sized enterprises (SMEs) must find innovative ways to connect with their customers. One such strategy gaining momentum is gamification—integrating game-like elements into non-gaming environments to drive engagement. Inspired by the success of industries like online gaming, where platforms like High Roller have mastered the art of captivating user experiences, SMEs […]