Chancellor cuts NI in last Budget before election
National Insurance (NI) contributions paid by employees and the self-employed will be cut by 2p in the pound, from 10% to 8%, effective from April. Announcing the measure in the…
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Apple fined €1.8bn for breaking EU streaming rules
The European Commission has fined Apple €1.8bn (£1.5bn) for not notifying iPhone and iPad users of cheaper music streaming options. The tech giant was found to have prevented app developers…
KPMG fined over M&C Saatchi audit scandal
The accountancy regulator has fined KPMG and an audit partner over failures related to an audit of advertising agency M&C Saatchi. The Financial Reporting Council (FRC) launched an investigation after…
BBC buys ITV’s 50% stake in Britbox International
ITV has sold its 50% shareholding in BritBox International to its joint venture partner BBC Studios for £255m in cash. Net proceeds of the transaction are estimated at around £235m,…
Homeless households overtake first time buyers
More people in England were made homeless than bought their first home in the 12 months to the end of September. It's the first time that this has happened since…
Multi-million pound deal boosts TV production in Wales
The Welsh Government has agreed a new £4m deal with the Cardiff-based production company behind Doctor Who. Under the four-year agreement, Bad Wolf will shoot and produce at least four…
Shop price inflation eases as food prices fall
The annual rate of price rises in UK shops has fallen to its lowest level in nearly two years. Monthly data from the British Retail Consortium (BRC) and Nielsen IQ…
CMA finds concerns in housebuilding market
Too few homes are being built across Britain, partly due to a "complex and unpredictable" planning system, according to a new report. The UK's Competition and Markets Authority (CMA) also…
Energy price cap cut by £20 a month
UK households will see their annual bill for gas and electricity fall by £238 a year from April. Energy regulator Ofgem announced on Friday that the price cap -- the…
Stellantis to make electric vans in Luton from 2025
Automotive manufacturer Stellantis will start production of electric vans at its Luton plant from the first half of 2025. The factory will become the second Stellantis site in UK to…
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