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Guy Hands-linked property firm sells 36,000 military homes back to mod for £6bn
Guy Hands’ property company Annington has agreed to sell a portfolio of 36,347 military homes to the Ministry of Defence (MoD) for almost £6bn, concluding a protracted dispute between the billionaire investor and the UK government. The deal sees Annington, which was acquired by Hands’ private equity group Terra FirmaContinue Reading
Economists warn Chancellor may face emergency spring budget as recession risks loom
Rachel Reeves could be forced into announcing emergency tax rises as early as this spring if the UK’s economic outlook continues to deteriorate, leading economists have warned. The Chancellor’s recently introduced tax and spending rules, known as the “stability rule,” leave her little room to manoeuvre if public finances falter,Continue Reading
Family-owned firms call on Chancellor to rethink inheritance tax overhaul
The owners of tens of thousands of family-run businesses and farms have urged Chancellor Rachel Reeves to revisit the inheritance tax changes announced in her recent Budget, warning they could trigger forced sales, job losses, and a marked reduction in investment. In an open letter sent over the weekend, FamilyContinue Reading
Revolut’s earliest crowdfunders set to pocket life-changing returns
Eight years ago, a small group of private investors placed what seemed like a high-risk wager on an unknown fintech start-up called Revolut. Now those early backers are on the brink of reaping near-millionaire returns, thanks to a decision by the company to let some of them sell a portionContinue Reading
UK private sector shrinks payrolls as weak demand and tax rises spur recession fears
UK private sector hiring has fallen at its fastest rate since the global financial crisis (excluding pandemic disruptions), compounding fears that the economy may be edging closer to recession. Fresh data indicates that rising employment costs, triggered in part by Chancellor Rachel Reeves’s decision to hike business taxes, are promptingContinue Reading
What We Do in the Shadows finale leaves fans emotional after ‘perfect ending’
Sign up to our free IndyArts newsletter for all the latest entertainment news and reviews Sign up to our free IndyArts newsletter Sign up to our free IndyArts newsletter Fans of the vampire sitcom What We Do in The Shadows have called the show’s finale “perfect” as the comedy drewContinue Reading
M&S rents warehouse just to store post-Brexit paperwork, boss reveals
Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight Marks & Spencer has had to rent a warehouseContinue Reading
MoD strikes £6 billion deal to buy back more than 36,000 military homes
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Thousands of military homes will be brought back into public ownership at a cost ofContinue Reading
Cameron Menzies shares emotional post about his dad after crying at Worlds
Cameron Menzies took to social media with an emotional post about his dad after crying on stage during his defeat to Leonard Gates at the World Darts Championship. The 35-year-old went into the match in strong form but crashed out at the first hurdle, with Gates storming to a 3-1Continue Reading
Mysterious amulet discovered in Germany could rewrite history
Sign up for our free Health Check email to receive exclusive analysis on the week in health Get our free Health Check email Get our free Health Check email Archaeologists have uncovered a nearly 1,800-year-old silver amulet in Germany, providing the earliest evidence of Christianity north of the Alps. TheContinue Reading