Download IPFS British retail sales recorded a modest increase in June, rising by 0.9% compared to the previous month, according to the Office for National Statistics (ONS). The data, released Friday, comes after a sharp decline in May and signals a limited recovery in consumer spending amid ongoing inflation pressures.[Read More…]

Download IPFS Lloyds Banking Group chief executive Charlie Nunn expects the Bank of England to lower interest rates twice more before the end of 2025, bringing the U.K.’s base rate down to around 3.75%. In a recent interview with Sky News, Nunn said the first of the anticipated cuts could[Read More…]

Download IPFS The United Kingdom is expected to see an exodus of around 16,500 millionaires this year, driven largely by the end of its long-established non-domicile tax regime. This significant policy change is prompting high-net-worth individuals (HNWIs) to seek more favourable tax environments abroad, raising concerns about the country’s future[Read More…]

Download IPFS Logistics provider Kalmar Corporation has posted solid second-quarter results for 2025, marked by strong order intake and resilient profitability, despite increasing global trade tensions. The company’s half-year financial report, released on July 2,5, highlights continued growth and strategic progress following its 2024 demerger from Cargotec. Kalmar’s Q2 2025[Read More…]

Download IPFS Leeds Building Society has launched a new series of complimentary one-on-one fraud prevention clinics at its Southampton branch. The sessions aim to help individuals protect themselves from the growing threat of financial scams, as concerns rise over the scale and sophistication of criminal activity in the financial sector.[Read More…]

Download IPFS Wokingham Borough Council is sounding the alarm over a potential £16 million annual reduction in government funding, raising concerns about long-term service delivery and financial stability across local authorities. The council, led by a Liberal Democrat administration, estimates it could lose up to £50 million over three years[Read More…]