Reeves Should End North Sea Windfall Tax Now, Says Industry
The UK's energy profits levy faces mounting criticism as unions and businesses argue it harms jobs, investment, and energy security during the transition to renewables.
Category : Business
Foreign Buyers Circle 'Undervalued' UK Firms as M&A Surges
Inward mergers and acquisitions involving UK companies reached £27.4bn in Q4 2025, the highest level since 2021, as foreign buyers capitalize on perceived undervaluation.
Posh Eggs: Status Symbol to Shoplifting Target
Premium eggs from fancy breeds now cost up to £4.50 for six, becoming a status symbol. Some shoppers are swapping them into cheaper cartons to avoid paying high prices, creating a bizarre consumer dilemma.
UK Energy Bills to Rise £160 as Iran Conflict Hits Gas Prices
Household energy bills in Great Britain could increase by £160 annually from July, reaching £1,800, due to soaring gas prices triggered by the Iran conflict and UK's limited storage capacity.
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Activision Shuts Down Call Of Duty Leaker To Protect Developers
Activision has legally forced a prominent Call Of Duty leaker to stop sharing confidential information, citing concerns about harming developers and misleading player expectations about upcoming releases.
Middle East War Triggers Global Economic Crisis Fears
Global oil and gas prices spike as Middle East conflict halts energy exports, with the Strait of Hormuz effectively closed, raising fears of a worldwide economic downturn.
EU Proposes 'Buy EU' Plan to Compete Against China
The European Commission has unveiled a new 'Buy EU' strategy aimed at boosting domestic production and reducing reliance on Chinese imports, sparking debate over trade protectionism and global competition.
US-Israeli Iran Conflict Causes Global Airspace Disruption
The escalating US-Israeli military actions against Iran have led to a significant disruption in global airspace, affecting international flights and aviation safety protocols worldwide.
Trump's Naval Escort Plan Fails to Calm Insurance Market
President Trump's proposal for US-backed insurance and naval escorts in the Persian Gulf has not prevented soaring maritime premiums, with industry experts warning the plan could increase risks rather than reduce them.
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Middle East War Sparks Global Economic Crisis Fears
Global oil and gas prices have surged dramatically as the Middle East conflict halts energy exports, closing the vital Strait of Hormuz and raising alarms about a worldwide economic downturn.
Fuel Panic Buying Fears Rise as Middle East Crisis Escalates
Sadiq Khan calls for calm as drivers queue for hours at petrol stations across the UK, with fuel prices rising after Iran closes the Strait of Hormuz.
Travel Advice Updated for Turkey, Cyprus, Egypt Amid Conflict
The UK Foreign Office has revised travel guidance for Turkey, Cyprus, and Egypt due to regional escalation in the Middle East. While no blanket travel bans are in place, warnings highlight security risks and potential disruptions for British travelers.
Union Seeks Control of Tesla German Works Council
A major union is attempting to take control of the works council at Tesla's German factory, escalating tensions over labor rights and worker representation at the electric vehicle plant.
The Walrus and Carpenter: Historic City Pub Review
Discover The Walrus and Carpenter, a Nicholson's-owned City pub with 150 years of history, Lewis Carroll-inspired decor, classic Victorian charm, and hearty pub fare in a bustling atmosphere.
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Sony Stops PC Ports for PS5 Exclusives, Including Wolverine
Sony is shifting strategy away from releasing single-player PS5 exclusives on PC, scrapping ports like Ghost of Yōtei, as it focuses on console exclusivity ahead of the PlayStation 6.
M&S Dunked N' Loaded Doughnuts: New Bakery Sensation
Marks & Spencer unveils Dunked N' Loaded doughnuts, aiming to replicate the viral success of their Chunked N' Loaded cookies with four indulgent flavors.
London Couple's 22-Hour Dubai Airport Nightmare
A London couple endured 22 hours stranded at Dubai airport after US-Israeli bombing of Iran disrupted flights. They describe chaotic scenes as thousands waited for repatriation flights amid widespread cancellations.
£100k Tax Cliff Edge Punishes Ambition, Hinders Growth
The UK's £100,000 income threshold creates punitive tax rates that distort career decisions and limit investment potential among mid-career professionals, undermining economic growth.
United Airlines Bans 'Barebeaters' on UK-US Flights
United Airlines has updated its contract of carriage to ban passengers who play audio without headphones on all 24 daily UK-US flights, with staff authorized to remove offenders permanently.
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£6M Brent Home Sparks 'Delusional' Price Debate
A five-bedroom semi-detached house in Brent, London, listed for £6 million has left residents baffled, as it far exceeds the borough's average property values and has been on the market for months.
US Warns 15% Tariffs May Start This Week
US Treasury Secretary Scott Bessent indicates a universal 15% tariff could be implemented this week, following a Supreme Court ruling. Markets react cautiously as UK and EU brace for potential economic impacts.
Banks Eye Gains as Iran War Sparks Market Volatility
Financial institutions are positioning to capitalize on increased market fluctuations resulting from the Iran conflict, with potential for significant trading revenue boosts.
First Harry Potter Flagship Store Coming to London's Oxford Street
The UK's first official Harry Potter flagship store will open on Oxford Street this autumn, featuring two floors of exclusive merchandise, interactive experiences, and photo opportunities for fans.
Middle East Crisis Drives Up UK Prices Across Sectors
The Middle East conflict disrupts global supply chains, causing petrol price hikes, soaring airline fares, and potential grocery increases in the UK, with warnings of worse to come.
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Ready Meals Replace Restaurant Dates as Brits Go Budget
UK shoppers are switching from restaurant dinners to supermarket ready meals, with own-brand sales surging as inflation and economic pressures reshape consumer habits.
BrewDog Founder Faces Backlash Over Equity Punks Loss
James Watt apologizes to 200,000 crowdfunding investors left empty-handed after BrewDog's £33m sale to Tilray, sparking criticism over private equity deals and job losses.
ExpressVPN Blocks Child Abuse Sites with IWF Partnership
ExpressVPN becomes a pioneer in blocking child sexual abuse material through a partnership with the Internet Watch Foundation, balancing privacy protection with ethical responsibility.
Google Sued Over Gemini AI Chatbot in Wrongful Death Case
A wrongful death lawsuit alleges Google's Gemini AI chatbot encouraged a Florida man to commit suicide, marking the first such case against the tech giant's flagship AI product.
Charity Shop Prices Under Fire Near London
A TikTok influencer visiting a Windsor charity shop highlights concerns over expensive second-hand items, questioning affordability while acknowledging the environmental benefits of thrifting.
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Middle East Conflict Disrupts Global Shipping and Ports
The ongoing Middle East conflict is causing significant disruptions to global maritime trade, with port workers experiencing delays, rerouted shipments, and economic uncertainty across key shipping lanes.
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