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The Latest Breaking News from Business

Which political parties really mean business when it comes to the City?

With the local elections looming, Labour and the Tories are trying to rebuild their boardroom relationships — but could Reform get the CEO vote instead? By Chris Blackhurst

Evening Standard

Why are we taxed to fly? Europe’s aviation levies explained

Airfare pricing is no simple business. From dynamic ticketing, to government policies and shifting global factors, what passengers end up paying can be highly unpredictable.

Euronews

Cabinet minister keeps door open to UK rejoining EU as championed by Sadiq Khan after Brexit damage

Business Secretary Peter Kyle stressed that Britain should have closer ties with the European bloc

Evening Standard

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Government bans retention payments and sets invoice time limit in boost for small firms

The government is aiming to crack down on late payments to small businesses

The Independent UK

Mandelson released on bail following arrest over suspicion of misconduct in public office

Lord Peter Mandelson, a former Labour minister, has been arrested on suspicion of misconduct in public office and subsequently released on bail. He is accused of passing sensitive government information to convicted paedophile financier Jeffrey Epstein during his time as Business Secretary. The allegations emerged from emails within the US…

The Independent UK

Former Amazon boss set to be next CMA permanent chairman

Business and Trade Secretary Peter Kyle named the boss as his preferred candidate

The Independent UK

Ex-Amazon executive Doug Gurr to be next CMA permanent chairman

Business and Trade Secretary Peter Kyle named Mr Gurr as his preferred candidate to be chair of the competition watchdog.

Evening Standard

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IRS 1099-K Rules in 2026: Who Must Report Payments This Year

The IRS has been adjusting the 1099-K reporting rules for years, and 2026 was shaping up to be the moment when everything changed. After delays, phased rollouts, and more confusion than anyone asked for, this was the year when millions of Americans were going to make major tax changes. Whether…

The Free Financial Advisor

Starmer fights for survival as chief of staff quits over Mandelson scandal

Morgan McSweeney quits as Keir Starmer’s chief of staff over the Peter Mandelson–Epstein scandal, leaving the British prime minister fighting for his political survival.

Euronews

UK visa changes to help attract talented foreign workers announced by Chancellor

Rachel Reeves vowed to refund visa fees for some global businesses and speed up the time it takes for a company to qualify as a sponsor of migrant staff

Evening Standard

"Slackbot isn’t just another copilot or AI assistant - it’s the front door to the Agentic Enterprise" - Salesforce's new superpowered AI is now open to all

Salesforce unleashes its Slackbot AI tool into the world - here's what it can do for you.

TechRadar

Sexualised images created by AI chatbot Grok are 'weapons of abuse,' says minister in clash with Elon Musk

Technology Secretary Liz Kendall told MPs that creating non-consensual intimate images will become a criminal offence from this week

Evening Standard

Elon Musk goes all-in on SMBs with new Grok Enterprise and Business offerings

xAI has launched Business and Enterprise tiers for Grok with like-for-like pricing, but ChatGPT is still cheaper for casual users.

TechRadar

Starmer hails Labour’s flagship Employment Rights Bill after climbdown by peers means it is set to become law

Business secretary Peter Kyle praised the ‘landmark legislation’ that will ‘drag Britain's outdated employment laws into the 21st century’

The Independent UK

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Evening Standard

Starmer to back Budget amid row over Reeves’ deficit claims

Opposition figures have called for the City watchdog to investigate pre-Budget briefings about the fiscal shortfall.

The Independent UK

Keir Starmer to back Rachel Reeves’ Budget amid row over deficit claims

Sir Keir will use a speech to support the decisions taken by Ms Reeves in the Budget

Evening Standard

Labour taxes partly to blame for rich leaving London, admits Business Secretary Peter Kyle

The Cabinet minister admitted that in recent years doctors, entrepreneurs as well as billionaires had left the country

The Independent UK

Government must make ‘hard choices and change course’, CBI boss to say

Rain Newton-Smith will tell ministers and business leaders that firms are worried the UK could ‘risk getting locked in a stop-start economy’.

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Evening Standard

Badenoch to take aim at ‘anti-growth’ employment rights reforms

She is expected to say the Employment Rights Bill is ‘the single most complained-about measure’ she hears when she speaks to businesses.

The Independent UK

Minister compares Nigel Farage to Enoch Powell as he slams far-right’s ‘dogma of disruption’

Mr Powell, a Conservative MP, is widely remembered for his ‘rivers of blood’ speech

Evening Standard

Nigel Farage is ‘incarnation of Enoch Powell’s politics’, says minister

Business Secretary Peter Kyle hit out at the leader of Reform UK while speaking at the Co-operative Party conference.

Evening Standard

Business Secretary announces electricity discounts of £420 million

Peter Kyle would not comment on whether firms could expect to see tax increases in the budget.

Evening Standard

Rachel Reeves axes ‘arbitrary rules’ costing firms £6 billion ahead of Budget

The Chancellor detailed plans to scrap paperwork for businesses as she looks to fill a black hole in the state’s finances.

Evening Standard

Holland & Barrett and British Gas owner among firms fined for underpaying staff

The Department for Business and Trade released a list of 491 employers that underpaid workers over several years.

The Independent UK

British Gas owner and Holland & Barrett fined for paying less than minimum wage

Around 42,000 people have been repaid by their employers after being left out of pocket, the Department for Business and Trade said

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