Flutter: Paddy Power and Betfair owner to list in the US after reaching profitability August 9, 2023 Flutter Entertainment, owner of betting giants including Betfair and Paddy Power, is preparing to list in the US as early as this year. The firm made the announcement as US and UK punters help drive its revenue up 38 per cent for the first half of 2023. Shares dropped over 3.5 per cent when the [...]
‘Side hustle tax’ to see online platforms like Ebay, Airbnb and Amazon share seller details with HMRC January 2, 2024 This will allow tax authorities to detect and tackle tax evasion, while also levelling the playing field with how traditional businesses are treated for tax purposes, according to HMRC.
Red card: Former England and Liverpool footballer John Barnes banned as a company director April 24, 2024 John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax.
Muji owed up to £85m ahead of being rescued out of administration April 24, 2024 The European arm of Japanese retailer Muji collapsed into administration owing up to £85m before a rescue deal was agreed, it has been revealed.
Hornby: British model railways maker’s shares tumble as Red Sea delivery delays hit sales April 22, 2024 Hornby, the British manufacturer of iconic model railway sets, has flagged a dip in sales after deliveries were delayed by Red Sea ship attacks.
FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
The Original Factory Shop returns to the red as Covid support ends January 11, 2024 The Original Factory Shop slipped back into the red after a government measure to reduce business rates during the pandemic came to an end.
Oil slumps as Saudi Arabia cuts pricing across the board January 8, 2024 The price of oil fell four per cent today as one of the world’s largest-producing countries forecast price cuts across its suite of oil for the coming weeks. U.S benchmark WTI Crude had fallen 4 per cent as of 4pm GMT, while Brent Crude and Murban Crude logged slides of 3. per cent and 4.1 [...]
One in three UK households: Energy crisis risks dragging 26m Brits into fuel poverty October 20, 2022 The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned, which is about 26m people. It means more than one in three British households face the grim prospect of hardship: there are an estimated 28.1m households in the UK. The average household [...]
Cricket champions Surrey swap Adidas for Andy Murray-backed City boys’ startup January 5, 2023 Surrey County Cricket Club have become the latest team to sign a deal with Castore, the Andy Murray-backed British sportswear startup founded by two former City workers. The reigning men’s County Champions today announced a multi-year agreement for their men’s and women’s teams to swap Adidas kit for apparel made by Castore, starting in the [...]