Amazon’s longest-ever Prime Day event, running from 8–11 July, is expected to generate record-breaking sales of $21.4 billion globally, with UK shoppers forecast to contribute nearly £2 billion, according to delivery specialists Parcelhero. But while consumers and marketplace sellers are set to benefit, concerns are rising about the broader implications of Amazon’s growing dominance in the UK economy. Parcelhero’s Head ...
UK carmakers are on course to meet this year’s electric vehicle (EV) sales targets, despite having successfully lobbied the government to soften the rules. In the first half of 2025, EVs accounted for 21.6% of new car sales, according to analysis from thinktank New AutoMotive. This puts the industry only marginally below the adjusted target of 22.06% once official “flexibilities” ...
US President Donald Trump has threatened to impose an additional 10% tariff on any country that supports the BRICS alliance and its policies that “go against American interests.” In a post on his Truth Social platform on Sunday, Trump declared: “Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff. There will be ...
Businesses, charities and community groups have joined forces to call on the UK government to scrap VAT on all repaired and refurbished electronics — a move they argue would cut waste, lower consumer costs and boost the country’s circular economy. In an open letter to the new environment secretary Steve Reed, 25 organisations, including Currys, Back Market, Suez, the Restart ...
Apple’s UK tax bill surged last year as the American tech giant’s operating profits in Britain soared past £1 billion, fuelled by rising sales and the continued expansion of its local operations. Newly filed accounts at Companies House show that Apple’s corporation tax contribution rose by nearly 62 per cent to £304 million for the year ending September 28, 2024, ...
Abound, one of London’s fastest-rising fintech stars, has posted a 25-fold surge in profits as borrowers increasingly turn to its AI-powered loans platform over traditional lenders. In the 12 months to February, the startup reported net profits of £7.5 million, up from just £300,000 the previous year. Revenues jumped 151% to £66.8 million, driven by growth in both its direct-to-consumer ...
Hiring appetite among UK businesses has slumped to its weakest point in 13 years, as rising taxes, policy uncertainty and cost pressures weigh heavily on employer sentiment. According to the latest BDO Business Trends barometer, recruitment confidence has dropped to levels last seen in 2012, with companies across the UK adopting a more cautious approach to hiring amid mounting costs ...
More than 23 million people in the UK believe they could be entitled to compensation for mis-sold car finance, according to a new survey, as the country braces for a landmark Supreme Court decision that could unlock tens of billions in redress. The poll, conducted on behalf of consumer law firm Slater and Gordon, found that 45% of UK adults ...
For those who love grilling and cooking at home, getting the temperature just right can make all the difference. Whether you’re aiming for a perfectly seared steak or a succulent roasted turkey, knowing the internal temperature is crucial for both safety and flavor. A reliable meat thermometer is an indispensable tool, but in an increasingly connected world, why settle for ...
Nonprofits operate in a dynamic environment where managing memberships effectively is more than just a necessity—it’s a foundation for growth and impact. With the right membership management software, organizations can simplify operations, foster meaningful relationships, and create memorable experiences for their members. But with so many tools available, how do you choose the one that aligns best with your nonprofit’s ...