Month: July 2025

UK Finance has published its official submission ahead of the Chancellor’s Mansion House speech on 15 July, outlining a package of regulatory reforms aimed at boosting competitiveness, unlocking capital markets, and driving innovation across the UK’s financial services sector. The submission supports the Treasury’s upcoming Financial Services Growth and Competitiveness Strategy and builds on UK Finance’s existing Plan for Growth, ...

The UK automotive industry is on the brink of a labour crisis, with key roles including HGV drivers, delivery workers and vehicle technicians predicted to face complete shortages within the next 25 years, according to new analysis by Nationwide Vehicle Contracts. As the sector undergoes rapid transformation—driven by electrification, digitalisation, and evolving consumer demand—the workforce behind it is failing to ...

In many businesses, leadership is seen as something that happens in boardrooms or during quarterly reviews – a responsibility held by the few. But for small and medium-sized enterprises (SMEs) facing fast-changing markets, staffing pressures and rising customer expectations, that top-down model simply doesn’t hold up. Instead, leadership must be shared. Whether it’s a customer-facing technician solving a problem on ...

The Home Office has come under fire from MPs for failing to track whether foreign workers leave the UK once their skilled worker visas expire, raising fresh concerns over illegal working and oversight of immigration enforcement. A new report by the Public Accounts Committee (PAC), published on Friday, accuses the department of showing “little curiosity” about how the skilled worker ...

Smaller businesses have been granted a reprieve from new Companies House filing rules that would have forced them to disclose more detailed financial information, as the government halts the rollout over fears it could impose excessive regulatory burdens. The incoming rules, introduced under the previous Conservative government via the Economic Crime and Corporate Transparency Act, were due to take effect ...

Transport for London (TfL) is facing legal action from the Independent Workers’ Union of Great Britain (IWGB), which represents thousands of private hire drivers including those working for Uber, over what it claims are systemic failures in the licence renewal process that have left drivers unable to work for months. The union has accused TfL of damaging the livelihoods of ...

Chancellor Rachel Reeves has signalled that further tax rises may be on the way as economists warn she could be forced to fill a gaping £40 billion hole in the public finances at this autumn’s Budget. The warning came after the Chancellor admitted there would be a “cost” to recent government U-turns on welfare reform — adding that the impact ...

While Wimbledon’s champions may lift the iconic silverware next weekend, they’ll also be handing a sizeable portion of their record-breaking prize money to HM Revenue & Customs (HMRC). Analysis by accountancy firm Blick Rothenberg suggests HMRC will collect an estimated £17 million from the £53.5 million prize fund at this year’s tournament — a lucrative windfall driven by UK tax ...