HomeCategory

Business

Profit warnings surge as weak consumer confidence hits UK-listed firms ahead of Budget

Weak consumer confidence has emerged as a growing threat to corporate performance, with a rising number of listed UK companies issuing profit warnings ahead of next month’s autumn Budget. According to a new report from EY, 64 UK-listed firms issued profit warnings in the third quarter of 2025 — and one in five cited deteriorating consumer sentiment as a key factor. This marks the highest proportion of warnings linked to consumer confidence since late 2022,...

Essential Elements of Modern Web Design: Creating Digital Experiences That Convert

In today’s digital-first world, your website serves as the cornerstone of your business identity. It’s often the first impression potential customers have of your brand, making professional web design more crucial than ever. Understanding the fundamental elements that drive successful web design can transform your online presence from merely functional to truly compelling. The Foundation of Effective Web Design Modern web design extends far beyond aesthetic appeal. It encompasses user experience, functionality, and strategic thinking...

Osborne warns Reform UK ‘not fiscally fit to run the economy’

Former Chancellor George Osborne has warned that Reform UK “cannot be trusted to run the economy”, accusing Nigel Farage’s party of lacking fiscal credibility at a time when economic stewardship is likely to define the next general election. Speaking amid growing scrutiny of Reform’s costed plans, Mr Osborne dismissed the party as economically unreliable, pointing to its proposals to lift the two-child benefit cap and nationalise water companies — policies that have already been branded...

Non-dom exodus ‘far worse than forecast’, new report warns Chancellor ahead of Budget

The Chancellor has been warned she is “flying blind” into November’s Budget after fresh analysis suggested far more non-domiciled residents have left the UK than the Government anticipated, with billions in expected tax revenues now at risk. In a report published today, economics consultancy ChamberlainWalker says early evidence points to a significantly larger exodus of non-doms following the abolition of non-dom status in April 2025. The firm argues that Treasury assurances—based on HMRC payroll returns—that...

Government targets 400,000 new green energy jobs in major national skills drive

The Government has unveiled a national plan to create 400,000 green energy jobs within the next five years, in what ministers say will be one of the most significant workforce transitions in modern British history. Energy Secretary Ed Miliband said the programme aims to double the number of people working in the UK’s low-carbon sector by 2030, with a sharp focus on equipping tradespeople, school leavers, ex-service personnel and workers leaving fossil fuel industries with...

Rachel Reeves’s flagship plan to overhaul the UK’s non-dom tax regime is facing an early blow after new analysis suggested far more wealthy residents have left the country than the Treasury forecast. According to consultancy Chamberlain Walker, around 1,800 non-domiciled individuals — 50 per cent more than expected — have exited Britain since the chancellor scrapped the system in April 2025. The analysis raises questions over whether the policy, designed to bring in £34 billion...

Sir David Attenborough, 99, becomes oldest daytime Emmy winner

Sir David Attenborough has become the oldest person ever to win a Daytime Emmy, marking another extraordinary milestone in a broadcasting career that has spanned more than seven decades. The 99-year-old naturalist and filmmaker took home the award for Outstanding Daytime Personality – Nondaily for his narration of Netflix’s Secret Lives of Orangutans, beating fellow nominees including Martha Stewart and Anthony Mackie. Attenborough’s win, announced at the 52nd Annual Daytime Emmy Awards in Pasadena, California,...

Betfred warns of 1,300 betting shop closures and 7,000 job losses if gambling taxes rise

Britain’s second-largest bookmaker has warned it will close all its 1,300 betting shops and cut 7,000 jobs if the government presses ahead with plans to double gambling taxes in next month’s budget. Joanne Whittaker, chief executive of Betfred, said the measures being considered by chancellor Rachel Reeves would “wipe out the high-street betting shop”, threatening the future of Britain’s traditional gaming sector. “The most frightening element is we’re going to lose the whole retail business,”...

Brexit impact will be negative ‘for the foreseeable future,’ Bank of England governor warns

The governor of the Bank of England, Andrew Bailey, has issued his starkest warning yet about the long-term impact of Brexit, saying that the economic consequences of Britain’s exit from the European Union will remain “negative for the foreseeable future.” Speaking in Washington DC to a gathering of global central bankers, Bailey said he was not commenting on Brexit as a political issue but as a matter of economic fact. “It’s my job as a...

Veteran VC resigns from Salesforce Foundation board over CEO’s political comments

Silicon Valley stalwart Ron Conway has stepped down from the board of the Salesforce Foundation after a decade of service, sparking a rare public rift within the tech-philanthropy community. The resignation comes in direct response to CEO Marc Benioff’s recent remarks expressing support for former President Donald Trump and the deployment of National Guard troops to San Francisco. Conway — regarded as the “godfather of Silicon Valley” for his early investments in Google, Airbnb and...