Spain’s prime minister, Pedro Sánchez, has unveiled a controversial proposal that would saddle non-EU property buyers who lack legal residence with taxes equalling the full purchase price of their new home. The move represents a…
Category:
Business
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In a setback for Prime Minister Sir Keir Starmer, one of Britain’s biggest supermarkets has publicly thrown its support behind farmers opposed to the Government’s planned inheritance tax (IHT) reforms. Sophie Throup, head of agriculture…
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Prime Minister Keir Starmer has outlined a sweeping vision for the UK to become the world leader in artificial intelligence, pledging a distinctively British approach to regulation while unleashing AI’s potential to revive the country’s…
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Virgin Group, led by Sir Richard Branson, is preparing to order a dozen high-speed trains—worth an estimated £500 million—as it pushes to become the first competitor to Eurostar on services through the Channel Tunnel. Project…
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The 2024 winner of the BBC’s The Apprentice, Rachel Woolford, has unveiled plans for her debut collaboration with Lord Alan Sugar—an extension to her North Studio fitness enterprise in Leeds, designed to meet surging demand…
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Concerns are escalating over the future of Northern Ireland’s largest private employer, with 2,700 jobs at risk at Spirit Aerosystems’ Belfast factory. The site’s predicament stems from complications in a takeover deal involving Boeing, which…
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The Department for Business and Trade (DBT) is once again inviting small and medium-sized enterprises (SMEs) from across the country to compete in its Made in the UK, Sold to the World Awards, with entries…
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British manufacturing giant JCB has backtracked on plans to convert 500 agency staff to permanent positions, citing “challenging market conditions” in the wake of Chancellor Rachel Reeves’s recent tax-raising Budget. The decision comes as businesses…
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Business
Sterling faces fresh sell-off as soaring borrowing costs could mean Reeves is on borrowed time
Traders are increasingly betting on a significant drop in the pound as concerns mount over the Chancellor Rachel Reeves’s ability to stick to her fiscal targets following a sharp rise in borrowing costs. According to…
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Plans by the Bank of England to expand its Leeds presence have hit an early stumbling block, with only 156 current employees registering an interest in transferring from London. The revelation comes after Governor Andrew…