Two-thirds of Britain’s ultra-wealthy have considered leaving the UK, with inconsistent tax policies cited as a bigger factor than high rates, according to a new BDO survey of multi-millionaires. Read more: Labour’s tax uncertainty is pushing Britain’s wealthiest towards the exit
Read Full Story →
Reform UK is launching a weekly podcast offering behind-the-scenes access to Nigel Farage and senior party figures, becoming the first British political party to produce its own show. Read more: Reform UK becomes first British political party to launch its own podcast
Read Full Story →
OpenAI’s flagship Stargate data centre in Tyneside has stalled with no updated timeline, casting doubt over the government’s AI infrastructure ambitions and Keir Starmer’s growth agenda. Read more: OpenAI’s flagship UK data centre hits the buffers in blow to Starmer’s AI ambitions
Read Full Story →
Amazon is repurposing its shuttered Fresh convenience stores as Whole Foods outlets in London, but with cumulative losses exceeding £200m, questions remain over the strategy’s viability. Read more: Amazon bets on Whole Foods to salvage its troubled UK grocery ambitions
Read Full Story →
Barclays is reversing years of branch closures by opening new outlets and reinstating the bank manager title, as its UK chief bets on human touch to fend off digital-only rivals. Read more: Barclays bets on the high street once more with new branches and the return of the bank manager
Read Full Story →
The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households. Read more: Bank of England warns Iran war could trigger financial crisis risks
Read Full Story →
Ineos founder Jim Ratcliffe backs Conservative plans to scrap carbon taxes, arguing high levies are damaging UK industry and competitiveness. Read more: Ratcliffe backs tory plan to scrap carbon taxes amid industry pressure
Read Full Story →
UK businesses expect higher inflation and fewer rate cuts as energy prices surge following the Iran war, according to Bank of England data. Read more: Inflation fears surge as rate cut hopes fade for UK businesses
Read Full Story →
SpaceX is preparing for what could become the largest stock market debut in history after confidentially filing for an initial public offering that may value the company at more than $1.75 trillion. Read more: SpaceX files for record-breaking IPO with $1.75tn valuation target
Read Full Story →
Regions across England and Wales will receive up to £20m each to boost innovation in sectors including AI, clean energy and advanced manufacturing. Read more: Regions from Teesside to Cornwall awarded up to £20m to boost innovation
Read Full Story →