A growing number of business owners are turning to employee ownership trusts (EOTs) to sell their companies tax-free, as changes to capital gains tax (CGT) rules and rising national insurance costs prompt entrepreneurs to seek…
Category:
Business
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A small business owner from Liverpool has been ordered by global fashion house Hugo Boss to take down his website over alleged trademark infringement for using the word “Boss” in the name of his pet…
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The UK is on track to lose more millionaires this year than any other country in the world, according to a new global wealth migration report that underscores growing concerns over the nation’s economic competitiveness…
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A group of farmers and family business owners is challenging the government’s controversial inheritance tax reform in court, claiming ministers failed to properly consult before announcing sweeping changes in the Autumn Budget. The legal claim,…
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As UK businesses increasingly embrace AI to streamline translation, a critical question arises: Can AI tools be trusted with confidential material? Today, MachineTranslation.com offers a clear answer with the launch of Secure Mode, a new…
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Business
Farage proposes £250k tax break for non-doms, triggering backlash over ‘billionaire loophole’
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
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…