Rachel Reeves is reviewing the UK’s £700m digital services tax (DST) on American tech giants in a bid to avoid Donald Trump’s tariffs. The DST, which was introduced in April 2020, imposed a two p
International success has helped up-market Savile Row clothing label Hackett almost quadruple its profit during its latest financial year as sales surged. The London-headquartered chain has reported a
Celebrity luxury spa group Champneys slipped further into the red despite its turnover edging closer to a milestone, it has been revealed. The group, which has several sites across the country and was
Grocery inflation in January slowed for the first time in six months after supermarkets lowered prices in response to stretched household budgets. Inflation was 3.3 per cent in January, easing from 3.
Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Bur
YouGov’s chief executive, Steven Hatch, has stepped down after the firm’s share price more than halved under his charge. YouGov, the international research and data analytics group, reportedly agr
Housebuilder Crest Nicholson has said it is “well-positioned” to meet housing demand with a new strategy, despite lower-than-expected profit this year. Revenue at the housebuilder fell six per cen
Saba Capital has lost two more votes in the US hedge fund’s campaign to take over a variety of UK investment trusts, leaving its campaign looking increasingly unlikely to succeed. Two trusts run by
Profit at Magic Circle law firm Freshfields was cut during its latest financial year despite its revenue passing £2bn for the first time. Freshfields has reported a pre-tax profit of £668.9m for the
A human rights group has threatened the Financial Conduct Authority with legal action if it green-lights Shein's London Stock Exchange float