Business

Britons could soon pay more for their favourite chocolate bars as Rachel Reeves’s Treasury scrambles to plug a gaping hole in the nation’s finances with up to £30bn in new tax hikes. The Chancellor is under intensifying pressure after insiders admitted the Office for Budget Responsibility (OBR) is poised to downgrade productivity forecasts. That shift, expected to be unveiled ahead …

The modern financial system, while robust in many areas, has long been plagued by inefficiencies. Legacy infrastructure, siloed databases, and intermediated services all add layers of cost and friction to financial transactions. At the London Blockchain Finance Summit, speakers agreed that blockchain offers a powerful alternative – one rooted in transparency, automation, and decentralisation. Unlike traditional systems that require trust …

We spend at least eight hours working each day, not including the time it takes to travel to and from work. Right after, we often have additional activities, such as a kid’s soccer game, a ballet lesson, or a dentist appointment. What all of these commitments have in common is that something else controls our precious time instead of us. …

In recent years, more people have been looking for new and gentle ways to relax, refuel, and feel centered in day-to-day life. Among various alternatives, Lost THC vape has been brought into prominence due to its distinct qualities and capacity to promote a calm and centered state of mind. It is not a cure-all, but a few adults find that …

The cost of running the UK’s gambling regulator has doubled in the past year as it prepares for a high-stakes legal showdown over the awarding of the National Lottery licence. Newly filed accounts show that the Gambling Commission’s costs linked to the National Lottery soared to £28.8m in the year to March, up from £14.4m the year before. The surge …

Manchester United’s sweeping job cuts have cost more than £36 million in compensation, but helped slash losses and deliver record revenues, casting doubt on Sir Jim Ratcliffe’s claim that the club was on the brink of financial collapse. The restructuring, which saw around 400 jobs axed and included pay-offs for sacked manager Erik ten Hag and sporting director Dan Ashworth, …

As social media continues to weave itself into the fabric of daily life, the algorithms that drive engagement have come under fire for their potential to foster addictive behaviours. With research linking these algorithms to increased anxiety and feelings of inadequacy, the question arises: should we regulate their use? The Liberal Democrats are now calling for cigarette-style warnings on social …

Unemployment in Britain is on course to climb to its highest level in five years as businesses brace for another round of tax rises under Chancellor Rachel Reeves, according to new forecasts. KPMG said the jobless rate is expected to reach 4.9% in 2026, up from the current 4.7% and well above the 4.1% recorded in August last year, as …

Sky is preparing to slash hundreds of jobs in the UK as the broadcaster continues to grapple with the shift away from satellite television towards streaming. The company has launched a consultation affecting 900 roles, with around 600 expected to go. The move marks the third major round of cuts at the business in less than two years, as it …

President Donald Trump has claimed that Rupert Murdoch and his son Lachlan are expected to join a U.S. consortium seeking to acquire TikTok’s American operations from its Chinese owner, ByteDance. Speaking during a Fox News interview, Trump said the Murdochs would join Oracle founder Larry Ellison and Dell Technologies founder Michael Dell in the group. He suggested that the Murdochs’ …