Gener8 – a free-to-use app empowering people to control and be rewarded from their data – has announced a £2m funding round, valuing the company at £39m. A consortium of investors participated in the round and joined past investors including musician Tinie Tempah, legendary football manager, Harry Redknapp, and Dragons’Continue Reading
Shopping habits are changing; consumers are increasingly opting to buy or rent used items rather than purchasing brand new. Digital marketplaces are making this easier and easier, with 80% of refurbished goods now purchased online. The trend is only set to grow, with 44% of people stating they’re buying moreContinue Reading
Customer data needs to be firewalled and if protected properly can still be used for valuable analytics In 2006, British mathematician Clive Humby declared that data is the new oil—and so could be the fuel source for a new, data-driven Industrial Revolution. Given that he and his wife helped TescoContinue Reading
TV presenter Adrian Chiles is facing a £1.7m tax bill following the loss of his appeal against HM Revenue & Customs (HMRC) concerning his tax status during his tenure at ITV and the BBC. Mr Chiles, married to Guardian editor Katharine Viner, has been embroiled in a decade-long legal battleContinue Reading
Prime Minister Rishi Sunak is set to revitalise his campaign with a Conservative manifesto focused on significant tax cuts and support for first-time home buyers. Sunak emphasises that it is “morally right” to reward hard work, positioning himself as a successor to Margaret Thatcher and Nigel Lawson. Key Points ofContinue Reading
Barclays bank branches throughout England and Scotland have faced a wave of protests led by pro-Palestine group, Palestine Action. Up to 20 branches were targeted, with buildings being defaced with red paint and windows smashed. The protests were staged to demand that Barclays divest from Israel’s weapons trade and fossilContinue Reading
Labour has reversed its plan to reintroduce the pension lifetime allowance, sparking claims from the Tories of a significant financial “black hole” in Labour’s budget. The U-turn, valued at £800 million, sees Rachel Reeves, the shadow chancellor, abandoning the pledge to reinstate the lifetime cap on tax-free pension savings. LabourContinue Reading
Labour’s proposed tax on private education is set to drive up house prices in catchment areas of high-performing state schools, according to leading estate agent Hamptons. The plan, which includes the introduction of VAT on independent school fees, is anticipated to increase property values in desirable areas as parents moveContinue Reading
The Liberal Democrats have launched a radical manifesto aimed at the self-employed, presenting significant policy changes that set a new benchmark for other political parties ahead of the general election. According to a tax and self-employment expert, these proposals draw “lines in the sand” for comparison. Key pledges in theContinue Reading
The Conservative Party has pledged nearly £730 million to bolster NHS mental health treatment in England, aiming to address the rising welfare costs if they win the forthcoming general election. This initiative is designed to cut the economic burden of £12 billion annually by facilitating employment for an additional 500,000Continue Reading
