Luxury fashion brand Mulberry has announced a significant restructuring plan after reporting a 19% drop in group revenues to £56.1 million for the six months ending 28 September. Newly appointed CEO Andrea Baldo revealed that 85 roles—approximately a quarter of the company’s 350-strong workforce—have been cut as part of efforts to “rebuild the business” amid…
Killing Kittens, the UK-based sex party organiser partly backed by the government, is raising funds to fuel its global expansion and develop new ventures, including a permanent venue, cruise ship events, and a gay male-focused enterprise. KK Group, operating under the Killing Kittens brand, is aiming to meet the growing demand for “meaningful in-person connections”…
On Tuesday, I’ll be joining a Westminster protest for the first time in my life. Yes, me—a man more comfortable behind a laptop than in front of a megaphone, who once thought the height of rural activism was separating the recycling correctly. But something has stirred me into action: the plight of British farmers under…
AN online gaming platform is looking for a new CEO to join the company with the power to ‘name their own salary’ and help ‘shape the future of gaming’. In what it claims is an ‘industry first’, Ancient Gaming is giving an ambitious professional over the age of 21 the chance to step up and…
The UK housing market showed unexpected resilience in October, with estate agents reporting increased sales, rising buyer inquiries, and a brighter outlook following the Autumn Budget. Despite pre-budget apprehension, the housing market outperformed expectations, according to the latest survey by the Royal Institution of Chartered Surveyors (Rics). Of the 269 estate agents polled, a majority…
Meta Platforms has been fined €797.72 million (£663 million) by the European Commission over alleged anti-competitive practices involving Facebook Marketplace. The European Union regulator ruled that Meta breached competition laws by linking its social network with Facebook Marketplace, giving it an unfair advantage over rival online classified services. Margrethe Vestager, the European Commission’s executive vice-president…
HMRC will reduce the interest rate it charges on late tax payments to 7.25% from 18th November, following the recent cut in the Bank of England’s base rate. However, this reduction highlights a stark disparity: taxpayers will receive only 3.75% interest on tax refunds, leaving a 3.5% gap in favour of HMRC. The revised interest…
Barclays has introduced the Business Prosperity Index, a new quarterly report offering a detailed view of UK business performance and growth opportunities. Created with the Centre for Economics and Business Research (Cebr), the index combines data from over one million Barclays business clients—including lending, cash flow, and international payments data—and survey insights from 1,000 business…
Labour’s 20% VAT on private school fees, set to begin in January, is already prompting a shift from the independent to state sector, with over 3,000 privately educated students applying to state schools between June and September. The policy, announced by Chancellor Rachel Reeves in the Budget, will add an estimated £2,000 per pupil to…
Boxing icon Chris Eubank has taken on a new challenge, stepping into the tech space with the launch of Trust Huddle —a pioneering platform that promises to transform community fundraising and administration. Designed to empower communities with easy-to-use tools on their phones, Trust Huddle is a free, all-in-one solution for groups of all kinds, from…
The Entertainer, one of the UK’s largest toy retailers, has abandoned plans to open two new stores following the government’s decision to raise employer National Insurance (NI) contributions. Chief Executive Andrew Murphy explained that the increased costs have also led to a hiring freeze at the company’s head office. The decision underscores mounting business concerns…
Sainsbury’s, the UK’s second-largest supermarket chain, has reported a 5% rise in food sales for the first half of the year, reflecting growing market share and increased demand for its premium range, Taste the Difference. This growth has positioned Sainsbury’s as a top performer in the British grocery market, with a market share reaching 15.2%,…
While exact numbers are nearly impossible to nail down, it is widely accepted that somewhere between 4 million and 5 million people are employed in the global gambling sector. This includes ancillary jobs such as software development, customer service, marketing, and content creation. The industry continues to boom and more and more professionals want to…
Asos has expressed confidence in its recovery strategy despite reporting a £380 million pre-tax loss for the past financial year. The online fashion retailer has halved its inventory levels since 2022 and shifted focus to full-price sales, aiming to improve profitability. Chief Executive José Antonio Ramos Calamonte described recent changes as “medicinal,” with measures such…
Sir James Dyson has strongly criticised Chancellor Rachel Reeves’ latest Budget, describing the new inheritance tax policy as a “spiteful” move that threatens the future of family businesses in the UK. Under the changes, family-owned businesses and farms worth over £1 million will face a 20 per cent inheritance tax starting in April 2026, a…
