Trending Business News
Hospitality recruitment app Supp calls gig-workers contractors. Some users say it leads to casual work without entitlements
An Australian hospitality gig-work app called Supp classifies workers as independent contractors rather than casual employees, raising concerns they may be missing workplace entitlements including superannuation.
Paramount concessions lead UK to approve takeover of Warner Bros
The UK government has approved Paramount’s $110bn acquisition of Warner Bros Discovery after the company agreed to conditions protecting British content and news editorial independence through 2034.
UK house prices flat in July, says Lloyds, as buyers struggle with affordability
UK house prices remained flat in July at an average of £299,253, as buyers contended with elevated mortgage rates and affordability challenges, according to Lloyds data.
Union calls for robust review of OBR over fears it holds back economic growth
The TUC is calling for a comprehensive review of the Office for Budget Responsibility, arguing its forecasting methodology constrains economic growth and public investment.
Why the UK is dithering over what to do about e-scooters
England’s government has delayed decisions on e-scooter regulation for six years despite widespread trials. Concerns about safety, illegal private ownership, and enforcement challenges continue mounting.
Why Texas is betting ‘Y’all Street’ can take on Wall Street
Goldman Sachs is constructing an 800,000-square-foot Dallas campus planned to open in 2028 with space for over 5,000 workers, symbolizing Wall Street’s growing expansion into Texas as the state attracts major corporations and financial institutions.
Healey urged to be bold on borrowing in first test of Burnham’s growth pledge
New Chancellor John Healey faces pressure to increase public investment while adhering to fiscal rules, with economists suggesting greater borrowing flexibility through existing or new mechanisms.
Sir Ian Wood obituary
Sir Ian Wood, who built Wood Group plc into a $12bn global oil and gas engineering conglomerate operating in over 60 countries, has died aged 84. He later devoted himself to philanthropy focused on sub-Saharan Africa and renewable energy transition.
EU urges Caribbean nations to shut down golden passport programs or face travel restrictions
The EU has notified five Caribbean nations to eliminate their citizenship-by-investment programs or face losing visa-free Schengen access by 2028, threatening crucial government revenue sources.
FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The FAA has restored Boeing’s authority to issue airworthiness certificates for 737 Max and 787 Dreamliner aircraft, following eight months of comparable quality findings between Boeing and FAA inspections.
Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
Wessex Water’s chief executive received a 14% salary increase to £670,000 despite the company being banned from paying bonuses due to sewage spills and environmental failures.
Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
Academics propose a 2% wealth tax on UK households exceeding £100m in assets, potentially generating £10bn annually while affecting fewer than 1,000 of the nation’s richest families.
VAT to be cut from electricity bills in October
The UK government has announced a reduction of VAT on household electricity bills from 5% to zero, effective in October, expected to save typical households approximately £45 annually.
UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
UK military shows interest in electric flying taxi variant from Vertical Aerospace, which demonstrated its prototype at an airshow and received additional £10m government funding.
UK borrows less than expected in June but public finances remain a challenge
UK government borrowing in June was £16bn, slightly below forecasts, though analysts warn public finances remain fragile with debt at near-record levels relative to GDP.
Defence shares rise after Andy Burnham appoints John Healey as chancellor
Defence company shares surged after John Healey was appointed chancellor, with investors betting his previous advocacy for increased military spending will translate into action in his new role.
Wall Street is selling more rental homes, as buying ban takes effect
Institutional investors are selling single-family rental homes at accelerated rates following newly enacted legislation that bans purchases by those owning 350 or more properties, with listings more than doubling since early February.
Ozempic-maker Novo Nordisk accuses rival Eli Lilly of false advertising
Novo Nordisk sued rival Eli Lilly on Tuesday, accusing it of false advertising by comparing higher doses of its weight-loss drugs to lower doses of Novo’s products in marketing campaigns.
GM announces new gas-powered Cadillac vehicles amid EV pullback
General Motors announced plans to launch new gas-powered Cadillac vehicles beginning next spring, marking a continued retreat from its earlier all-electric vehicle strategy.
British Sugar could close Cantley factory on Norfolk Broads
British Sugar announced plans to close its Cantley factory in Norfolk, putting over 100 jobs at risk and affecting regional farming operations and transportation costs.
B&M fined £2m over mice infestations at Birmingham stores
B&M Retail Ltd has been fined £2m by Birmingham City Council for mice infestations discovered at three stores, where inspectors found rodent-contaminated food products and droppings near children’s toys.
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Tips That All First-Time Entrepreneurs Must Know
When you are a first-time entrepreneur, you need to accept that you don’t know it all. It can be very easy to fall into the trap of thinking that you know everything there is to know about your industry or that you have some fresh insight that will give you an edge....
How much is the Aloha POS System?
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In the early 1990s, the United States was home to about 20 million small businesses. Not one of them spent anything on “SEO.” Today, the number is more like 30 million, and SEO is an essential expense. Things have changed fast. That’s part of the reason that SEO can...
What You Should Look for in an Instagram Influencer
Influencer marketing is a technique that has taken off, and for good reason—70 percent of Millennials trust the opinions of peers over that of celebrities, among many other reasons. Although influencer marketing is done on many different channels, Instagram ranks most...