Be bold with tax hikes or risk 'groundhog day', chancellor told as limited growth recorded

Rachel Reeves faces the prospect of another "groundhog day" unless next month's budget goes further than plugging an estimated £22bn black hole in the public finances, according to a respected thinktank.

Premiership Rugby-backer CVC taps Ares in sports debt plan

The owner of stakes in Six Nations and Premiership Rugby and the top flights of French and Spanish football is in talks with a pack of financial giants about a refinancing of its £9bn sports assets portfolio.

Govt contractor fined £14m after more than six million people had data stolen in cyber attack

A company has been fined £14m for failing to keep data safe during a cyber attack, which resulted in more than six million people having their data stolen.

Reeves plots budget boost to entrepreneur tax incentives

The chancellor is weighing plans to hand hundreds of millions of pounds in tax incentives to small businesses in next month's budget as she seeks ways to pitch the government as pro-enterprise to Britain's private sector.

£5bn Bitcoin fraud mastermind had device containing £67m in secret pocket

The mastermind of a £5bn Chinese investment fraud was found with a device containing £67m of cryptocurrency in a secret pocket of her jogging bottoms when she was arrested after years on the run, a court has heard.

PPE Medpro will be pursued 'with everything we’ve got' health secretary says

The Government has vowed to pursue a company linked to Baroness Michelle Mone for millions of pounds paid for defective PPE at the height of the COVID pandemic after a High Court deadline passed without repayment.


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