Stamp duty: What is it, how much is it and how is it changing?
At the moment, buyers of homes worth less than £250,000 don’t pay stamp duty. This was doubled from £125,000 under Liz Truss’s mini-Budget in September 2022. The threshold is £425,000…
What does non-dom mean and how are the rules changing?
Before July’s general election, Labour pledged to toughen existing Tory plans to abolish non-dom tax status. In March 2024, the-then Conservative chancellor Jeremy Hunt had announced that the non-dom tax…
Firms to pay more than half of Budget tax rises
Getty Images More than half of the tax rises in the Budget will be paid for by businesses, with a hike in the amount employers pay in National Insurance to…
UK economy set to grow faster than expected this year
The UK’s economy is expected to grow slightly faster than expected this year and next year, according to the government’s official forecaster. Presenting the Budget, Chancellor Rachel Reeves said the…
Starbucks drops olive oil coffee as new boss shakes up menu
Starbucks is dropping its much-hyped range of olive oil-infused coffees in the US and Canada from early November. The announcement comes less than a week after new boss, Brian Niccol,…
Adidas ends ‘fight’ with Kanye West over antisemitic comments
Adidas has ended its “fight” with Kanye West over antisemitic comments he made in 2022, which scuppered the sports brand and US rapper’s “Yeezy” collaboration. Addidas discontinued the collection at…
McDonald’s boss apologises for E. coli outbreak as sales slide
Getty Images The boss of McDonald’s has apologised to customers hit by an E. coli outbreak in the US linked to the chain’s Quarter Pounders, a new setback for the…
Staff working for Ford UK to strike for 24 hours
Getty Images Unite says the strike will cause “significant disruption” to Ford’s operations More than 1,000 employees at Ford are to strike for 24 hours in a dispute over pay…
Passengers allowed early boarding to some services
BBC London’s Tom Edwards takes on the Euston rush Rail passengers will be able to get to their platforms earlier at a central London station in an effort to reduce…
Teashop ‘forced to close’ by VAT rules
BBC Steve Corrick says he has to close his Somerset teashop to avoid falling into a “tax trap” A man who owns a small teashop has urged the Chancellor to…