Economy
Workers’ rights concessions by Labour could reduce business costs by billions according to new analysis
8 January 2026 | 07:04
Workers’ rights concessions by Labour could reduce business costs by billions according to new analysis
Government analysis demonstrates that Labour’s revised workers’ rights bill reduces business costs to approximately £1 billion, a substantial decrease from…
Fujitsu’s chief executive denies being parasitic while declining to disclose compensation amounts for Horizon scandal victims
7 January 2026 | 07:20
Fujitsu’s chief executive denies being parasitic while declining to disclose compensation amounts for Horizon scandal victims
Fujitsu’s European leader defended the company before Parliament, denying accusations of profiting unfairly from government contracts while refusing to disclose…
Venezuela’s gold stored in Bank of England vaults creates a complex £1.4 billion legal and political challenge
7 January 2026 | 06:14
Venezuela’s gold stored in Bank of England vaults creates a complex £1.4 billion legal and political challenge
Beneath London’s financial district lies a substantial cache of Venezuelan gold worth approximately £1.4 billion, now at the center of…
Next’s profits are projected to exceed 1.1 billion pounds following strong holiday season sales performance
7 January 2026 | 06:08
Next’s profits are projected to exceed 1.1 billion pounds following strong holiday season sales performance
Next, a prominent high street retailer, anticipates annual profits will exceed £1.1bn following exceptionally strong Christmas trading performance. However, the…
Millions in taxpayer money go uncollected when UK recruitment firms engage in phoenixism practices
6 January 2026 | 19:14
Millions in taxpayer money go uncollected when UK recruitment firms engage in phoenixism practices
A pattern of corporate restructuring within the recruitment sector is allowing business owners to sidestep substantial tax obligations, according to…
US rival acquires Prax Lindsey oil refinery from administration proceedings
6 January 2026 | 07:38
US rival acquires Prax Lindsey oil refinery from administration proceedings
Phillips 66 has acquired the Prax Lindsey oil refinery from administration, with plans to merge it into operations at its…
Credit card borrowing in the UK has reached its fastest annual growth rate in nearly two years
6 January 2026 | 06:14
Credit card borrowing in the UK has reached its fastest annual growth rate in nearly two years
Credit card borrowing in the United Kingdom accelerated during November, reaching levels not seen since early 2024. The Bank of…
Ukrainian vodka maker’s boss plans export expansion despite bombing damage to facilities
4 January 2026 | 19:55
Ukrainian vodka maker’s boss plans export expansion despite bombing damage to facilities
Ukrainian enterprises are actively pushing forward with expansion plans and continuing operations despite the ongoing conflict, as exemplified by a…
Tax officials now require cryptocurrency users to disclose their complete account information and transaction details
2 January 2026 | 06:28
Tax officials now require cryptocurrency users to disclose their complete account information and transaction details
Starting January 1st, cryptocurrency investors in the United Kingdom must disclose their account details to tax authorities or face financial…
Precious metals experience wild price swings as their exceptional year concludes
31 December 2025 | 19:12
Precious metals experience wild price swings as their exceptional year concludes
Gold and silver achieved their most significant annual gains since 1979, experiencing dramatic price swings as the year concluded. Gold…