The BBC, ITV, BT and IMG have been fined a combined £4.2 million after admitting to colluding on pay rates for freelance sports broadcasting staff, following a major investigation by the Competition and Markets Authority (CMA). The CMA found that the four companies had shared confidential information to coordinate how much they paid freelancers such as camera operators and sound ...
Public sector borrowing has surged past official expectations by more than £20 billion so far this financial year, piling pressure on Chancellor Rachel Reeves ahead of next week’s Spring Statement. Figures from the Office for National Statistics (ONS) show that in February alone, the government borrowed £10.7 billion—making it the fourth-highest total for that month since records began in 1993 ...
HM Revenue and Customs (HMRC) has revealed that inheritance tax (IHT) receipts reached £7 billion between April 2024 and January 2025—£700 million more than during the same period last year—putting the government on track for another record-breaking year for IHT revenue. With £7.499 billion collected in the 2023–24 tax year, the latest figures suggest this total will be surpassed well ...
It’s a strange thing, the way we form connections with voices. Proper, deep-rooted, personal connections. The kind that feel like friendship, even though the other person has no idea we exist. The kind that, when news breaks of their passing, leaves us unexpectedly bereft—as though a part of our own personal history has just been snatched away. That’s exactly how ...
Sends is thrilled to join the Pay360 Conference on March 25-26, 2025, at booth 188, ExCeL London. The event focuses on “The Future of Payments and Digital Innovation”, where Sends will showcase its payment offerings. Sends is a Gold Sponsor this year. Visitors can explore a wide range of Sends’ solutions, including personal and business accounts with SEPA/SWIFT/UK Local Payments ...
On February 18, the President of Uzbekistan signed the Law “On Guarantees for the Protection of Bank Deposits.” This legislation aims to enhance the security of citizens’ savings and strengthen the country’s financial system. Under the new law, the government guarantees the return of deposits up to 200 million UZS per bank. What Changes Await Depositors? Rustam Rafikov, Acting Managing ...
With the mobile app market generating a staggering $38 billion in Q3 2024 in revenue, it’s no surprise that many businesses are asking, “How much does it cost to develop an app?”. In today’s fast-paced world, people expect solutions at their fingertips. Whether you’re in retail, healthcare, logistics, or any other industry, a mobile app helps you connect with customers, ...
Britain’s high streets continued to shrink in 2024, with an average of 35 stores closing each day as retailers battled online competition and economic uncertainty. However, despite 12,804 closures last year, the latest data from PwC indicates a more positive outlook for the sector, with the rate of closures slowing compared to 2023, when 14,801 stores shut their doors. While ...
Specialist agricultural lawyers at Clarke Willmott LLP have reported a surge in enquiries about pre-nuptial and post-nuptial agreements from farming families, following recent government changes to inheritance tax on farm assets. With succession planning now a pressing concern, private client and family law specialists are seeing increased demand for legal advice to safeguard farming assets, ensuring they remain within the ...
A landmark tribunal ruling could provide major inheritance tax relief for families who engaged in historic ‘home loan’ schemes, potentially saving them six-figure sums in tax bills, according to national law firm Clarke Willmott LLP. The ruling in Elborne v HMRC overturned a previous decision that would have allowed HMRC to claim inheritance tax on properties placed in trust decades ...