Category: News

Marks & Spencer has urged environment secretary Emma Reynolds to back farmers and rethink Labour’s proposed inheritance tax reforms, warning that Britain needs a clear legal commitment to domestic food production.

New business secretary Peter Kyle has vowed to deliver an “ambitious” growth agenda, telling UK bosses he wants government to help create Britain’s first $1trn company and make the UK the best place to scale a business.

Tesla’s board has proposed a record $1 trillion compensation deal for Elon Musk, tied to ambitious milestones including an $8.5 trillion market cap, 20m vehicle deliveries, and one million Robotaxis.

Angela Rayner has quit as deputy PM and housing secretary after the prime minister’s ethics adviser found she should have paid a £40,000 stamp duty surcharge on a second home, prompting a rapid cabinet reshuffle and a Labour deputy leadership contest.

UK firms are shedding jobs at the sharpest rate since 2021, with 160,000 posts lost since October’s £25bn payroll tax rise. Retail and hospitality have been hit hardest as businesses warn of further hiring freezes.

Kevin Maxwell, brother of Ghislaine Maxwell, is battling to avoid bankruptcy after being chased for nearly £600,000 linked to collapsed fund Fortress Capital Partners, which administrators say bore “all the hallmarks of a Ponzi scheme.”

Veuve Clicquot has opened nominations for the 2026 Bold Woman Award and Bold Future Award, celebrating female leaders and entrepreneurs who embody Madame Clicquot’s pioneering spirit. Deadline: 26 September.

Tottenham Hotspur’s long-serving chairman Daniel Levy has stepped down after almost a quarter of a century at the club. Levy, who oversaw Spurs’ transformation into a €891m squad after this year’s Europa League triumph, departs amid fan criticism and sweeping boardroom changes.

Italian fashion designer Giorgio Armani, founder of the Armani empire and one of the most influential names in global fashion, has died at 91 after missing Milan fashion week due to ill health.

Goldman Sachs says gold prices could approach $5,000 an ounce if Donald Trump’s attacks on the US Federal Reserve erode its independence, pushing investors away from dollar assets and into safe havens.

The National Centre for Universities and Business (NCUB) has secured a new four-year funding commitment from Research England to boost collaboration between academia and industry.

HMRC has for the first time named a practising barrister, Setu Kamal, on its tax avoidance promoter list after finding he designed four schemes to avoid Income Tax and National Insurance.

Lloyds Bank is set to review staff performance in a cost-cutting overhaul that could see 3,000 roles cut, as chief executive Charlie Nunn pushes to offshore jobs and embed a high-performance culture.