UK

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

Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s…

Not enough support was garnered amongst Premier League clubs to hold a vote on changing rules relating to fixed assets. The decision means Premier League clubs like Chelsea will still be able to sell hotels to a company linked to their owners without penalty. The Blues sold two hotels in 2023 and included the generated…

Birmingham City are set for a multi-million pound boost to their Sports Quarter development after chancellor Rachel Reeves committed investment which will see the city’s metro reach the club’s planned new stadium. Part of the £2.4bn allocated to the West Midlands will link Birmingham’s Sports Quarter to the centre of town, according to West Midlands…

Chancellor Rachel Reeves has confirmed that more pensioners will be eligible for the Winter Fuel Payment this year, signalling a U-turn on one of Labour’s earliest and most contentious policies. Read more: Winter fuel payment U-turn in place this year, but key details remain unclear

An increasing number of American taxpayers are eyeing the UK as their new home, according to Blick Rothenberg, a leading UK-based audit, tax, and business advisory firm. Read more: More American taxpayers are planning to relocate to the UK as Trump exodus grows

A Lloyds exec behind the bank’s push to attract “mass affluent” customers has departed within days of the launch of its new service. Jo Harris, who has been with the FTSE 100 bank for more than a decade, would be leaving at the end of the month, according to an internal memo seen by the…

The UK arm of Costco has said lower petrol prices have actually helped its profit jump to almost £200m after driving up memberships. The division of the US giant said a decrease in prices at the pumps during its latest financial year contributed to increasing the number of people signing up and renewing their membership…