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 ...
Eddie Jordan, the flamboyant and fiercely independent Formula One team owner, businessman, and TV pundit, has passed away at the age of 76. A larger-than-life figure in motorsport, Jordan was best known for founding the Jordan Grand Prix team, which brought a refreshing, rebellious energy to F1 in the 1990s. His eye for talent helped launch the careers of some ...
Lord Sugar has extended his tenure on The Apprentice, signing a new three-year contract with the BBC that will see him remain at the helm into his 80s. The billionaire businessman was already committed to hosting the 20th series of the show next year but has now confirmed he will continue for at least three more seasons. Speaking to BBC ...
A growing consumer backlash against Amazon’s perceived political affiliations could see UK shoppers joining their US counterparts in boycotting the retail giant, potentially costing it up to £47 million in lost sales, according to delivery expert Parcelhero. In the US, consumer activism is on the rise, with 9% of Amazon shoppers last week planning to participate in an economic blackout ...
The Bank of England is set to maintain its base rate at 4.5% when its Monetary Policy Committee (MPC) announces its latest decision on Thursday, as policymakers weigh inflation risks against economic growth. With inflation rising to 3% in January, analysts predict the Bank will take a cautious approach, despite market expectations of two further rate cuts by the end ...
Bentley is pressing forward with its electric vehicle (EV) transition despite admitting that some of its most loyal customers may never give up internal combustion engines. Chief Executive Frank-Steffen Walliser acknowledged that while many high-net-worth buyers are eager to adopt cutting-edge technology, others remain unwilling to embrace electric powertrains. “There are, for sure, customers who say, fine, if it’s the ...
Blake Morgan has been appointed to all 14 lots of the Welsh Government Commercial Delivery (WGCD) Solicitors Services Framework, making it the only law firm to achieve this distinction. The appointment cements the firm’s role as a key legal partner to the Welsh public sector, providing expert legal services across a broad range of specialisms for the next four years. ...
Polaron, a spin-out from Imperial College London, has developed a groundbreaking AI solution that reduces the time needed to create advanced materials—from years to mere days. This innovation could transform the production of materials used in wind turbines, electric vehicle batteries, and infrastructure, supporting the UK’s push for economic growth and net-zero targets. Polaron’s AI technology analyses microstructural images—microscopic features ...
Renovating a commercial property is one of the most effective ways to increase property value while making it more appealing to tenants and investors. With commercial property prices in England forecast to rise by 19.15% between 2024 and 2034 (from £94 to £112 per square foot) owners and investors have a prime opportunity to enhance their assets. Strategic renovations can ...
Santander has announced plans to close 95 branches across the UK, putting around 750 jobs at risk as the bank continues to downsize its physical presence in response to changing customer habits. The latest round of closures will see Santander’s branch network shrink from 444 to 290 full-service branches, alongside five Work Cafés—co-working spaces designed to provide banking services and ...