Rachel Reeves Plans 22% Tax on Stocks and Shares ISAs
Chancellor Rachel Reeves is reportedly introducing a 22% tax on interest from stocks and shares ISAs, alongside an allowance cap for under-65s from April 2027.
Category : Business
Tesco Clubcard Holders: Check Accounts Before £17m Expires
Tesco shoppers are urged to check their Clubcard accounts before £17 million in vouchers expire on May 31. Martin Lewis' MoneySavingExpert.com provides tips to extend expiry dates.
Fairstone Group to Acquire Over 20 Firms by Year-End
North East wealth manager Fairstone Group plans to acquire over 20 firms by year-end, having already bought eight in Q1, including its largest deal, Prosperity Wealth.
King Charles' Butcher Cuts 120 Jobs After Rival Takeover
Donald Russell, the butcher holding a Royal Warrant to supply King Charles' household, has cut 120 jobs after being acquired by DukesHill, sparking concerns for the local economy.
Burger King UK Signs Wind Farm Power Deal
Burger King UK partners with Alaska Wind Farm and Evolve Energy to supply renewable power to restaurants, supporting sustainability and Net Zero goals.
Radley Rescue Deal Saves Brand But 21 Stores Close With 42 Jobs Lost
Radley has been saved in a rescue deal by Gordon Brothers, but 21 stores will close and 42 jobs will be lost. The deal secures intellectual property but excludes shops in London and Glasgow.
Flying Tiger Copenhagen saved in rescue deal
Private equity firm Modella Capital secures control of Flying Tiger Copenhagen, saving its 80 UK stores including Birmingham's Bullring location.
EasyJet passenger shocked by melted Cadbury Buttons
An easyJet passenger was stunned when her Cadbury Dairy Milk Buttons arrived as a single melted lump with a strange cream color and brown spots during a flight from Heathrow.
Wetherspoons Opens New Pub at University of Birmingham
Wetherspoon has opened a new pub, Joe's, at the University of Birmingham's Guild of Students, offering affordable food and drink to students and the public.
British Gas £50 Gift Card Offer Amid Price Cap Rise
British Gas is offering £50 gift cards to customers switching to dual fixed tariffs, as energy bills are set to rise by £221 per year from July.
Martin Lewis: Fix energy bills now to avoid £221 rise
Martin Lewis urges Brits to fix energy tariffs before July 1 to avoid a £221 price cap rise. Fixed rates can be up to 14% cheaper than the new cap.
Legrand Opens New Centre of Excellence in Northumberland
European manufacturing giant Legrand has launched a new electronics base in Cramlington, Northumberland, expected to create 200 jobs and establish a centre of excellence.
BiGDUG Garage Storage: 5% Off on Shelving & Bins
BiGDUG offers 5% off its garage collection, including shelving, workbenches, and storage bins. Customers praise the 'fantastic quality' and useful designs for organising tools and DIY equipment.
Cambridge Forum Launches AI Health Accelerator
The Cambridge Forum unveils 'Pitch My Idea' to accelerate AI and health innovations, offering startups funding and mentorship opportunities.
DWP Confirms Bumper Universal Credit Payments in June
DWP confirms bumper Universal Credit payments for families with more than two kids in June, following scrapping of two-child benefit cap. Parents with four kids get £608 extra monthly.
Imperial Brands Buys Black Buffalo for $150m
Imperial Brands acquires US tobacco alternative business Black Buffalo for $150m, boosting its next-generation product portfolio amid declining smoking rates.
Hotpoint Cashback on Kitchen and Tumble Dryer Appliances
Discover the latest Hotpoint cashback deals on kitchen appliances and tumble dryers. Save money on your next purchase with these exclusive offers.
UK Households Warned of 'Tax Trap' as Side Hustles Rise
Millions of Brits are taking on extra work as wages fail to cover essentials, with experts warning of a tax trap. One in four adults now has a side hustle, often earning under £500 monthly.
Rachel Reeves Plans 22% Charge on Cash ISA Interest
Chancellor Rachel Reeves is reportedly planning a 22% tax on interest from cash held in stocks and shares ISAs, as part of major ISA reforms from April 2027.
Couple Defend 40-Year Mortgage Choice Despite Criticism
Bryony Clarke, 27, and her partner chose a 40-year mortgage to lower monthly payments, funding home improvements. Despite online criticism, they plan to overpay and retire early.
OddBalls Secures Investment for Global Expansion
Tyneside underwear brand OddBalls, founded by sports stars, secures backing from London investment group Alcuin to support international growth and product expansion.
Schools Transform with Office Furniture
Discover how UK schools are upgrading classrooms with top-quality office furniture to enhance learning environments and boost student performance.
Amazon's UK Tax Bill Surpasses £1.3bn in 2025
Amazon paid over £1.3bn in UK taxes in 2025, a 20% increase from 2024, driven by higher labour costs and business rates.
Tougher Drink-Drive Rules to Ban More Drivers from Roads
DVLA will cancel licences as new drink-drive limits cut alcohol threshold from 35 to 22 micrograms. One pint could breach limit under government road safety strategy.
Pets at Home Sees 'Better Momentum' in Turnaround
Pets at Home reports 28% profit dip but sees progress under new CEO James Bailey, with retail revamp and veterinary growth showing early signs of recovery.
Rachel Reeves Scraps Free Car Tax for Pre-2017 Low-Emission Cars
Chancellor Rachel Reeves has abolished the zero-rate vehicle tax band for low-emission cars made before 2017, meaning owners now face a £20 annual charge. The move continues a trend of ending tax perks for low-emission vehicles.
Carplus and Startline Expand Finance Access
Carplus has teamed up with Startline Motor Finance to broaden access to car finance, offering more flexible options for customers across the UK.
Food Prices Likely to Stay High Long After Crises Ease
New analysis shows food prices rise rapidly but fall slowly, leaving families with persistently higher bills. Only 7% of the increase fades after two years.
Greencore Shares Plunge on Bakkavor Merger Costs
Greencore shares fell over 4% as integration costs from the Bakkavor takeover pushed the food supplier to a £13.4m loss, despite revenue growth.
New Summer Cost-of-Living Payments Confirmed by Reeves
Chancellor Rachel Reeves announces the Crisis and Resilience Fund, replacing the Household Support Fund, offering cash grants to struggling families via local councils.
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