Reform UK has unveiled a controversial new policy that would allow wealthy non-domiciled individuals to legally avoid paying UK tax on foreign earnings, income, capital gains, and inheritance — in exchange for a one-off payment…
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Business
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Business
Amazon commits £40bn to UK expansion with new fulfilment centres, studio upgrades and tech investment
Amazon has announced a sweeping £40 billion investment in the UK over the next three years as it ramps up its commitment to faster delivery, film production and digital infrastructure across the country. The tech…
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Business
HSBC faces £150m dilemma over office space as return-to-work drive clashes with post-pandemic downsizing
HSBC is facing a costly office space conundrum as it prepares to bring more staff back into the office, despite having significantly downsized its property footprint in the wake of the pandemic. The bank —…
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A recent decision by the Employment Appeal Tribunal (EAT) serves as a timely warning to employers, particularly small to medium-sized enterprises (SMEs), about the potential pitfalls of redundancy processes. In Hendy Group Ltd v Kennedy…
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Britons are spending more of their disposable income than they were a year ago, with 38% of consumers reporting a rise in non-essential spending, according to a new nationwide study by Bauer Media Outdoor. Despite…
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Business
1.8 million tune in as emergency Iran episodes of The Rest Is Politics break records in 24 hours
More than 1.8 million people streamed, viewed, or downloaded The Rest Is Politics and The Rest Is Politics: US in under 24 hours, after both shows released emergency episodes in response to the US bombing…
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Britain has lost its crown as Europe’s top destination for foreign investment in renewable energy and utility projects, as a sharp fall in new developments sees France take the lead, according to new figures from…
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Business
UK government unveils £275m boost to skills and apprenticeships to revive industrial heartlands
The UK government has launched a £275 million investment in technical training and apprenticeships as the centrepiece of its long-awaited industrial strategy, aiming to tackle deep-rooted skills shortages and reclaim the manufacturing vote in Labour’s…
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Internet users are being urged to change their passwords and bolster their online security after cybersecurity researchers discovered 16 billion login credentials in publicly exposed datasets — a trove that could be used by criminals…
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Business
OpenAI takes down Jony Ive’s ‘io’ content after trademark complaint from earbud startup iyO
OpenAI has been forced to remove online content promoting its high-profile partnership with Sir Jony Ive’s hardware startup io, following a trademark dispute with AI earbud maker iyO. The ChatGPT developer confirmed it had taken…