EMPLOYMENT Retailers warn over pressure on jobs market The Daily Telegraph Retail leaders have warned that rising employment costs are reducing hiring and putting pressure on jobs in the retail and hospitality sectors, particularly for younger workers. The British...

ECONOMY UK economy faces significant inflation threat Daily Mail Daily Mirror The Times The ongoing conflict in the Middle East may significantly impact Britain's economy, with inflation potentially rising to 5.8% if the situation persists, according to the Institute...

ECONOMY UK borrowing costs hit 28-year high Financial Times The Daily Telegraph BBC News Daily Mirror UK borrowing costs have surged to their highest levels since 1998, driven by the ongoing Iran war and political uncertainty ahead of this week’s local elections. The...

TAX Huel founder issues wealth tax warning The Daily Telegraph Julian Hearn, the founder of meal replacement drink firm Huel, has warned that increasing UK wealth taxes - especially bringing capital gains tax closer to income tax rates - would be "incredibly unfair"...

TAX Stride: IHT raid will hit family businesses The Daily Telegraph The Conservatives have voiced concerns that the Government's proposed inheritance tax changes will force family businesses to sell to foreign buyers. Sir Mel Stride, the Shadow Chancellor, has warned...

TAX HMRC consultation draws tax gap warning City AM Blick Rothenberg has raised concerns over HMRC's consultation on tax rules for small businesses, warning that it will not effectively close the tax gap. The 12-week consultation is looking at plans to mandate...

OUTLOOK More firms in 'critical distress' as costs climb Daily Mail The Independent Research from BTG reveals a 36.9% increase in UK businesses facing "critical financial distress," with the total hitting 62,193 in Q1. The latest quarterly red flag report also notes a...

ECONOMY Think-tank: UK faces £35bn economic hit The Guardian The Daily Telegraph The Independent The UK economy could suffer a £35bn hit and face recession risks due to the Iran war, according to the National Institute of Economic and Social Research (NIESR). The...

TAX UK wealth tax would backfire, warns IFS Financial Times The Daily Telegraph City AM After a six-year inquiry into the UK's social and economic disparities, the Institute for Fiscal Studies has concluded that an annual wealth tax is not the answer to inequality....

TAX Trump threatens tariffs over UK tax City AM The Independent UK US President Donald Trump has warned of potential tariffs on the UK if it does not abolish its digital services tax. Speaking from the Oval Office, he stated that the US could easily retaliate by...