Labor's Trust Tax Tweaks Could Reduce Inequality
Greg Jericho argues that Labor's rumored 30% minimum tax rate on discretionary trusts could curb tax avoidance by the wealthy, reducing inequality.
Category : Business
How to Get Your Lender's Best Mortgage Rate
Learn strategic steps to secure a lower mortgage rate, including using discharge forms and building equity, as lenders prioritize profitability.
Three Evacuated from Hantavirus-Hit Cruise Ship
Three people with suspected hantavirus, including a British crew member, have been evacuated from the MV Hondius. The ship is now heading to the Canary Islands amid concerns from local authorities.
Divorce Costs Hit Finances Beyond Lawyer Fees
A new report from Octopus-owned legal service Amicable reveals divorce costs push 40% of couples into debt, with financial pressures beyond legal fees including income loss and housing costs.
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Jet Fuel Shortages May Disrupt World Cup Travel Plans
Experts warn that jet fuel shortages caused by Trump's conflict with Iran could lead to price hikes and travel uncertainty, potentially reducing overseas fan attendance at the FIFA World Cup in North America.
Floratica: Square Mile Rooftop Bar You've Never Tried
Discover Floratica, a floral-themed rooftop bar in the City of London with stunning views, a '7 virtues' cocktail menu, and vibrant evening vibes. A hidden gem for spring and summer.
Plans for BT Tower's Sky-High Swimming Pool Revealed
MCR Hotels plans to convert London's iconic BT Tower into a luxury hotel with a 580ft-high swimming pool, public square, and shops, reopening the top to the public for the first time in decades.
First Flight of Drone That Can Refuel US Fighter Jets
The US Navy and Boeing have completed the first test flight of the MQ-25A Stingray, an autonomous aerial refueling drone designed to extend the range of fighter jets and enhance naval aviation capabilities.
Deliveroo engineers let AI write 90% of code
Deliveroo software engineers now let AI agents write most of their code, with one employee saying they have barely coded manually for almost a year.
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My Maldives Dream Came True on Ifuru Island
A travel writer's lifelong dream to visit the Maldives came true at Ifuru Island luxury resort, with stunning villas, exceptional dining, and unforgettable experiences.
FCA Probes Mastercard, Visa, PayPal Over Conduct
The FCA is investigating Mastercard, Visa, and PayPal for alleged anti-competitive practices related to PayPal's digital wallet, citing potential breaches of competition law.
Netflix Top 5: Apex Leads with 40M Views
Netflix reveals its weekly top films: Apex (40.2M views), Swapped (15.5M), Thrash (4.3M), Migration (4.1M), and Buen Camino (4M).
FTSE 100 Banks Face £2.5bn Headwinds Amid Iran and Credit Risks
FTSE 100's Big Five banks report £15.6bn profit but face £2.5bn headwinds from Iran conflict and private credit exposure, with HSBC and Barclays most affected.
Law Firms Step Up Private Equity Arms Race
Top law firms are aggressively hiring private equity partners to capture lucrative deal work, intensifying competition for talent in London's legal market.
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TG Jones Owner to Shut 150 Stores in Restructuring
Modella Capital plans to close up to 150 former WH Smith stores, renamed TG Jones, due to poor performance after rebranding, risking jobs.
Five Guys x Skinnydip London Merch Collection Launches
Five Guys partners with Skinnydip London for a merch collection featuring phone cases, AirPods cases, apparel, and water bottles in pink and red.
London Airports Cancel 1,000 Flights in May
Airlines have cancelled 1,468 UK flights in May, affecting over 275,000 seats, due to soaring jet fuel costs and Middle East tensions, with more disruptions expected.
Vue Cinema Chain Eyes £1.5bn Sale or Listing
Vue could be valued at up to £1.5bn as it appoints bankers for a potential float or sale, driven by record takings from blockbuster films like Michael.
UK Consulting Growth of 5.7% Amid Cost and Cyber Challenges
The UK consulting sector is set to grow by 5.7% this year as businesses grapple with rising costs, cyber risks, and stagnant growth, according to a new MCA report.
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Galicia: Spain's Caribbean-like Region with Cheap Flights
Escape overtourism in Galicia, Spain's northwest region with Caribbean-like beaches, historic towns, and flights from £15. Discover the Cíes Islands, Pontevedra, and A Coruña.
Avoid the 'Pronunciation Tax' for Better Wine Value
Restaurants add a 'pronunciation tax' to easy-to-say wines. Experts say ordering unpronounceable wines offers better value and quality. Learn which grapes to look for.
Bank of America Hires Goldman's Gemma for Italy Dealmaking
Bank of America has appointed Gemma from Goldman Sachs to head its Italy dealmaking operations, strengthening its investment banking team in the region.
Prague-Copenhagen Train Launches, Tickets from £53
A new daily train service connects Prague and Copenhagen, with fares starting at £53. The 13-hour route stops in Dresden, Berlin, and Hamburg, offering amenities like Wi-Fi and a children's cinema.
Lidl Loyalty Scheme Backlash: Shoppers Outraged
Lidl revamps Lidl Plus with a points system requiring higher spending for rewards. Customers criticize the change as less rewarding, with some vowing to shop elsewhere.
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Xbox Scraps Copilot AI, Hires CoreAI Staff in Shake-Up
Xbox CEO Asha Sharma ends Copilot AI on console and mobile, while appointing former CoreAI colleagues to key leadership roles, sparking debate over the company's AI direction.
Morgan Stanley Names New France M&A Heads
Morgan Stanley has appointed new heads for its France M&A business following the departure of a key banker to Goldman Sachs, aiming to strengthen its dealmaking team in Paris.
UK Consulting Sector to Grow 5.7% Amid Budget Pressures
The UK consulting sector is set to grow 5.7% in 2026, driven by cost management and budget constraints, though down from earlier 9% forecast. AI adoption faces caution.
FCA Eyes New Laws for Claims Firms Causing Consumer Harm
The FCA launches a review of claims management companies and law firms, threatening enforcement and new laws to impose stronger compensation for consumer harm.
Kospi Breaks 7,000 as Samsung Reaches Trillion Dollars
South Korea's Kospi index surged past 7,000 points, driven by semiconductor stocks. Samsung Electronics reached a $1 trillion market cap, becoming the second Asian company to do so.
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Franco Manca Closes 9 London Branches: Full List
Franco Manca is shutting down 16 UK branches, including 9 in London. The closures affect Battersea, Brixton, Broadway Market, and more due to high taxes and sustainability issues.
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