Tribunal ruling could cut public EV charging VAT to 5%, raising prospect of cheaper charging
A landmark tribunal ruling that public electric vehicle (EV) charging should be subject to a reduced 5% VAT rate rather...
Business
Rachel Reeves unveils £2bn AI push to make UK fastest adopter in G7
The Chancellor, Rachel Reeves, is set to unveil a sweeping £2 billion investment programme aimed at positioning the UK as...
Individual insolvencies surge 18% as experts warn households are at ‘breaking point’
Individual insolvencies across England and Wales have surged by 18 per cent year-on-year, in what experts are warning is clear...
Bentley to cut 275 jobs as profits slump amid global headwinds
Bentley is to cut 275 jobs as the luxury carmaker grapples with a sharp decline in profits and mounting pressure...
HMRC interest ‘double standards’ branded unfair as taxpayers face higher charges than rebates
HM Revenue & Customs has come under fresh criticism over what tax experts describe as a “deeply unfair” imbalance between...
Experts warn pension tax cap risks undermining retirement savings as pressure mounts on Chancellor to rethink
Financial experts and industry figures are urging Chancellor Rachel Reeves to reconsider controversial plans to cap National Insurance relief on...
Alcohol-free beer, hummus and pet grooming join inflation basket as UK spending habits shift
Alcohol-free beer has been added to the UK’s official inflation basket, in a move that underlines changing consumer habits and...
JD.com launches Joybuy in UK with same-day delivery challenge to Amazon
Chinese e-commerce giant JD.com has made a decisive move into the UK market with the launch of its Joybuy platform,...
Challenger banks hold 60% of SME lending as high street banks fight back
Challenger banks have maintained their dominant position in lending to small and medium-sized enterprises (SMEs), but fresh data suggests their...
Reeves vows to stop UK tech ‘drifting abroad’ with £2.5bn AI and quantum push
Chancellor Rachel Reeves has pledged to halt the flow of British technology companies and scientific talent overseas, warning that the...
