Category: News

Baroness Michelle Mone has accused Rachel Reeves of fuelling a government vendetta against her and PPE Medpro, after the Chancellor reportedly confirmed the allegation at a Labour Party Conference event.

ONS confirms UK GDP grew 0.3% in Q2 2025, down from 0.7% in Q1, with households saving more and consumer spending flat. Economists warn growth may remain sluggish.

Zoopla warns that speculation over stamp duty and council tax reforms is cooling demand for homes above £500,000, with luxury sales and listings falling ahead of the budget.

Electronic Arts will be taken off Nasdaq in a $55 billion leveraged buyout led by Saudi Arabia’s PIF, Jared Kushner’s Affinity Partners and Silver Lake. EA shareholders to receive $210 per share.

YouTube will pay $24.5 million to settle Donald Trump’s lawsuit over his account suspension, with $22 million directed toward building a White House State Ballroom via the Trust for the National Mall.

The Department of Health and Social Care (DHSC) rejected two major settlement offers from PPE Medpro, including a complete remake of 25 million sterile gowns or a £23 million payment, Business Matters can exclusively reveal.

Chancellor Rachel Reeves used her keynote address at the Labour Party conference to draw sharp battle lines with Nigel Farage and Reform UK, declaring them the “single greatest threat” to Britain’s way of life and living standards.

Greater Anglia, West Midlands Trains and Govia Thameslink will be renationalised by May 2026 as the UK pushes ahead with bringing the rail network back under public control.

Britain’s labour market is showing signs of strain, with new data revealing a fall in job openings and growing pessimism among businesses, fuelling fears that the economy may be sliding towards recession.

One in four wealthy families are considering leaving Britain as Labour’s VAT raid on private school fees and looming tax hikes fuel fears over the country’s future as a home for wealth creators.

Make UK has appointed ex-MP and former Apprenticeships Minister Robert Halfon as Executive Director of Policy and External Affairs, bringing his skills expertise to the manufacturing sector.

Jaguar Land Rover has been thrown a £1.5bn taxpayer-backed bailout after a devastating cyberattack halted production for nearly a month, threatening 150,000 jobs across the UK supply chain.

Britain is losing £2bn a year in tourist spending after scrapping tax-free shopping, with Reeves urged to restore VAT breaks as rivals France, Spain and Italy surge ahead.

Barclays boss warns Rachel Reeves not to introduce new taxes on banks, saying it would “stifle growth” and risk driving jobs and lending out of Britain.