HMRC coming for footballers and will scour Instagram for tax intel
Coupled with the Chancellor’s announcement of new investment in HMRC compliance activity which will see a further 670 compliance officers recruited by 2029-30, on top of the 5,500 previously announced, it paints a very…
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A-listers and AI stylists: how high-street brands are staging a fashion comeback
This time, rather than focusing solely on trend-led affordable designs, the names familiar to any shopper are courting luxury fashion, A-list collaborations and enhanced services in an attempt to engage consumers. Think…
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Britain’s housing crisis won’t be fixed without a new tax landscape
The chancellor failed to announce reforms that might tackle some of Britain's chronic problems, they say. Healey's scatter-gun budget, as the Resolution Foundation called it, was more about politics than economics, and…
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UK charity shop profits plummet amid shift in secondhand clothes market
According to unpublished accounts seen by the Financial Times , Oxfam's retail profit fell 23% to £4.9m in the last financial year, compared with £6.4m in the previous year. The British Heart Foundation (BHF), which has…
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A world-first focus on long-term outcomes could transform UK government – or create new spending fights
The idea in the broad sense is very simple. Any spending deemed to be "preventative" – that is, the initial outlay will be more than made up for by future savings – will from now on be ringfenced, meaning it cannot be…
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Trump boosted half of US coal plants with taxpayer dollars and ‘free passes to pollute’, report says
The Trump administration has given support to almost half of the nation's coal plants, helping them to continue operating despite economic and regulatory headwinds, according to a new analysis by the Environmental…
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Railway engineering work over Christmas will cause 10 days of disruption
Work will close London's Paddington station – affecting intercity trains to the west of England and Wales until January – as well as Birmingham New Street, the UK's busiest station outside the capital, for five days over…
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The staggering $446m Elon Musk has spent on the US midterms – visualized
At the Tesla Diner in Los Angeles , Musk could order more than 31.9m cheeseburgers with the money he has spent on the midterms. Musk, the world's richest person, has funnelled at least $445.77m into Republican-aligned…
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How ‘sin bin’ for red light jumpers saves cyclists from being saddled with a fine
He was positively shocked when, instead of giving him a fine, officers took him into a gazebo to watch a bike safety film. Aman was one of 30 cyclists caught in the first 20 minutes that morning, as part of a new scheme…
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The nuclear industry is set to melt up – here’s what to buy
Rising real yields have punished assets with a long duration whose value lies years away, and nuclear has been dragged down with the AI power trade it is now lumped in with. The price of financing the AI build-out tells…
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