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Eighth interest rate cut in 12 months sees deposit rate fall to 2% as eurozone braces for U.S. duties.
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Labour is exploring a new national, universal digital ID card for every adult in the UK to tackle illegal migration. The ID is being tentatively branded as ‘Britcard’, and could be downloaded onto a smartphone in the shape of a “free verifier app”. Plans for the digital ID were laid out in detail by the…
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The chairman of Reform UK has quit his position, saying working to get the party elected was no longer “a good use of my time”. Zia Yusuf’s decision follows a row in which he described a question to the Prime Minister concerning a ban on burkas from his party’s newest MP as “dumb”. Announcing his…
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British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting…
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Nintendo Switch 2 launches globally with midnight openings and record pre-orders. But will its steep game prices and limited launch titles affect long-term success? Read more: Nintendo Switch 2 launches at midnight as fans queue worldwide
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Arts leaders warn that Labour’s proposed changes to the Access to Work scheme could push disabled people out of employment. More than 2,500 sign open letter to DWP and DCMS. Read more: Labour’s Access to Work reform plans ‘risk excluding disabled people from the workforce’, say arts leaders
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Concerns mount that Tata Steel may be excluded from Keir Starmer’s proposed US-UK steel trade deal due to origin rules, potentially threatening over $100m in annual exports. Read more: Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal
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It is considered “crucial” that the Big Four accounting firms and the UK government “collaborate,” stated the Foreign Secretary in an interview with City AM, as leading audit companies shift their attention towards artificial intelligence (AI). Diplomats and representatives from significant accounting firms like KPMG and EY gathered in the City on Tuesday to discuss…
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The FCA’s new private stock market Pisces comes into force today, but Carrie Osmon warns the framework risks worsening FOMO investing.
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HMRC confirms £47 million was stolen in a major phishing scam targeting 100,000 online accounts. Criminals posed as taxpayers to falsely claim rebates. Arrests have been made. Read more: HMRC scammers stole £47m in phishing fraud targeting 100,000 taxpayer accounts