Crown Estate matches record profits on windfarm windfall but warns boom is temporary
The Crown Estate has reported a record £1.1 billion in net revenue profit for the second consecutive year, thanks largely to a surge in offshore windfarm “option fees” paid by developers. However, the King’s property company has warned this windfall
Reeves to cut cash ISA allowance in push to revive UK capital markets
Chancellor Rachel Reeves is preparing to unveil a reduction in the tax-free allowance for cash ISAs, as part of a broader move to channel household savings into London-listed firms and reinvigorate the UK’s capital markets.According to the Financial Times, Reeves
Confidence in short supply among bosses as tax hikes shake business outlook
Business leaders’ confidence in the UK economy has fallen sharply, as the full impact of government tax increases and rising cost pressures begins to take hold, according to the latest data from the Institute of Directors (IoD).The Directors’ Economic Confidence
DHSC accused of wasting PPE Medpro gowns as experts reveal missed £85m resale opportunity
The ninth day of the ongoing High Court trial between PPE Medpro and the Department of Health and Social Care (DHSC) turned attention to the government’s handling of surplus PPE stock—specifically, why no effort was made to repurpose or sell
Barclays launches appeal over motor finance commission ruling
Barclays is back in court this week seeking to overturn a landmark Financial Ombudsman ruling concerning undisclosed commission payments in motor finance—a case that could open the floodgates to hundreds of millions of pounds in compensation claims.The appeal comes after
Pottery Barn to launch in the UK in Autumn 2025, offering curated furniture and free interior design services
Pottery Barn, the world’s largest digital-first and design-led sustainable home retailer, is set to enter the UK market for the first time, with an online launch planned for Autumn 2025.The move marks a significant step in the global expansion of
Bonuses force Jonathan Ross’ talent agency into the red despite revenue growth
Off The Kerb Productions, the talent agency behind a host of the UK’s biggest comedy stars, including Jonathan Ross, Michael McIntyre and Jo Brand, has swung to a loss of £1.8 million for the year ending 30 April 2024, after