New Banking Rules for Major UK Banks from Monday
Chancellor Rachel Reeves will unveil a ring-fencing overhaul on Monday, allowing Barclays, HSBC, Lloyds, NatWest, and Santander to lend more to boost the economy.
Category : Corporate News
Rachel Reeves: £225 Car Tax for Post-2001 Vehicles Confirmed
Labour's Rachel Reeves introduces new VED bands charging £225 for cars registered after 2001. Emissions-based tax now applies to all vehicles, with lower bands starting at £20.
Emery Reveals He Has Turned Down Offers to Leave Villa
Unai Emery confirms he has received offers to leave Aston Villa but remains fully focused on the club, ahead of the Europa League final and Champions League qualification.
Fitbit App Becomes Google Health in 48 Hours
Google is rebranding the Fitbit app to Google Health on May 19, with plans to sunset Google Fit later this year. Users express frustration over the changes.
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Lloyds Bank Opens New Luxembourg Office for European Expansion
Lloyds Bank, with branches in Birmingham, has opened a new office in Luxembourg to strengthen its European Union institutional presence and support cross-border clients.
Stockport NHS Trust Shortlisted for Construction Award
Stockport NHS Foundation Trust's capital projects team, with Tilbury Douglas, is shortlisted for a CN Award in the £20m-£50m Project of the Year category for their emergency care campus.
Holmesterne Foods Collapses Into Administration After 40 Years
Holmesterne Farm Co. Ltd, trading as Holmesterne Foods, has entered administration after nearly 40 years, leading to most of its 130 staff being made redundant.
Cardiff Council CEO Paul Orders Steps Down After 12 Years
Paul Orders, chief executive of Cardiff Council since 2013, is stepping down. He oversaw a pro-business agenda and major investments like the Atlantic Wharf arena.
Wales' Richest 10 Revealed: £13bn Combined Wealth
The Sunday Times Rich List 2026 reveals Wales' wealthiest individuals and families, with a combined fortune exceeding £13bn. Sir Michael Moritz tops the list at £5.48bn.
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Jeff Shi's Wolves Role: Zero Football Involvement
Wolves hierarchy clarifies Jeff Shi's role, stating he has zero involvement in football matters, focusing solely on club strategy and off-field operations.
Businesses Pay Price for Leaders Who Cannot Think Clearly
An expert warns that poor leadership and lack of clear thinking are costing businesses dearly. The article explores the impact on Birmingham's economy.
West Brom Stand Firm and Move On from EFL Ordeal
West Bromwich Albion have endured a testing EFL ordeal but emerge stronger, drawing a line under the controversy and focusing on future progress.
Aistra Acquires Controlling Stake in Veracity Services
Aistra has acquired a controlling stake in Veracity Services, a Birmingham-based firm. This strategic move is set to expand Aistra's portfolio and strengthen its market position.
HMRC Hounded Me for £132k I Didn't Owe, Cleared Rayner
Gabrielle O'Donovan nearly bankrupted by HMRC over a £132k VAT bill she didn't owe, while Labour MP Angela Rayner was cleared of tax wrongdoing.
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Currys CEO Alex Baldock Named New Boots Chief Amid £7bn IPO
Currys CEO Alex Baldock is set to become the new chief executive of Boots later this year, taking over from Anthony Hemmerdinger amid reports of a potential multibillion-pound stock market flotation.
Green Party Defends Lamborghini Video as 'Blown Out of Proportion'
Green Party leader defends newly elected councillor Baggy Khan over Lamborghini video, saying the outrage is exaggerated and the car was hired for a family wedding.
Giant ads near Birmingham Cathedral: what they hide and end date
Temporary hoardings cover a historic building beside Birmingham Cathedral during a £19m refurbishment into upgraded office space, with completion expected by autumn.
Tamworth Councillor Slams Branding Proposal as 'Entitled'
A Tamworth councillor has called a plan to ask businesses at the Enterprise Centre to display council branding 'entitled', amid losses at the facility.
IT Firm Zenzero Moves into Historic Leeds Office
Growing IT support firm Zenzero has leased 3,056 sq ft on the second floor of historic Concordia Works in Leeds, marking a new chapter for the company.
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Babcock shares rise despite £140m charge on profit
Babcock International shares rose nearly 2% after reporting £5.3bn revenue, but profit fell 20% due to a £140m charge from Type 31 frigate contract rework.
Bristol Temple Quarter Campus Main Building Completed
The main building of the University of Bristol's new Temple Quarter campus is complete, set to house 4,600 students and 650 staff, opening in September 2026.
British Gas New Saturday Half-Price Electricity Tariff
British Gas introduces PeakSave Super Saturday Tariff, offering half-price electricity every Saturday from 9am to 5pm to help households save on energy bills.
HMRC Penalty Warning for 737,891 Self-Assessment Filers
HMRC issued a potential penalty update for 737,891 self-assessment filers who filed in April 2026. Early filing can avoid penalties and speed up refunds.
Wolves Name Nathan Shi Permanent Executive Chairman
Wolves have appointed Nathan Shi as their permanent executive chairman. He had been in interim charge since December and will lead the club's strategic direction as they aim for an immediate Premier League return.
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Wolves Midfielder Meetings, West Brom Keeper, Villa Luiz
Latest transfer column: Wolves' Joao Gomes linked to Atletico Madrid, West Brom monitor Sunderland keeper, Aston Villa unlikely to sign Douglas Luiz permanently.
OVO Energy Sells Retail Business to E.ON, Home Services to Hometree
OVO Energy has agreed to sell its UK energy retail business to E.ON and its Home Services division to Hometree, pending regulatory approvals. The deals aim to secure long-term growth and investment.
SureCloud Launches AI Agent Team for GRC Operations
SureCloud introduces Gracie, the first cross-domain AI agent team for GRC, addressing compliance fatigue with autonomous agents that execute over 200 actions.
Objectors Slam 'Disgraceful Decision' as Cheshire Homes Approved
Parish council and civic society opposed the 24-home scheme in Hartford, but Cheshire West and Chester Council's planning committee approved it, sparking outcry.
UK Households Face £280 Monthly Mortgage Hike
UK homeowners could face an extra £280 per month if worst-case inflation materialises, warns Moneyfacts, with potential annual increases of £3,380.
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Key North East appointments and promotions this week
Swinburne Maddison promotes multiple lawyers, Knight Frank hires Gavin Walker, CECA NE appoints Lauren Parsons as chair, British Esports names Alice Dearing co-vice chair, and Energy Solicitors promotes Ryan McDonald to partner.
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