HM Revenue & Customs has issued its first tax avoidance Stop Notices to an individual, ordering Paul Baxendale-Walker, a struck-off solicitor and former barrister, to cease promoting two schemes deemed abusive and artificial by the…
Category:
Business
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The UK economy expanded at its fastest rate in over a year during the first quarter of 2025, as businesses ramped up investment and exports surged ahead of new US trade tariffs. According to data…
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Business
EIS investments fall sharply despite tax breaks, raising concerns over regional imbalance and complexity
Investor appetite for backing high-growth private companies through the UK’s flagship Enterprise Investment Scheme (EIS) has dropped significantly, with new HMRC figures showing a 20% fall in funds raised in the year to March 2024.…
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The University of Hull has announced the launch of Railwhere, a new spinout company set to transform the freight industry by helping rail operators cut costs, reduce emissions, and deliver goods more efficiently. Developed from…
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Business
Bank of London under investigation by PRA amid financial uncertainty and governance overhaul
The Bank of London, a once high-profile fintech start-up that claimed unicorn status just four years ago, has revealed it is under investigation by the Bank of England’s Prudential Regulation Authority (PRA) and is facing…
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The number of UK employers voluntarily paying the higher Living Wage has risen by 19% over the past year, despite signs of a cooling labour market and pressure from statutory wage increases. Figures from the…
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The number of female founders pitching to investors has risen by nearly half over the past decade, according to a new report from venture capital firm Fuel Ventures, offering a unique lens into the evolving…
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Sports betting has grown rapidly in recent years, especially with the rise of online platforms. To attract new customers, sportsbooks often offer exciting bonuses such as deposit matches, free bets, and risk-free wagers. While these…
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Burberry is set to cut up to 1,700 jobs — nearly 18% of its global workforce — as part of a sweeping cost-saving plan aimed at stabilising the business after a sharp downturn in the…
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Jaguar Land Rover (JLR) has posted its highest annual profit in a decade, marking a strong year for the British carmaker despite lingering uncertainty over US trade tariffs. The Tata Motors-owned firm reported pre-tax profits…