Flutter says UK gambling duties to hit EBITDA by $320 million in 2026

Nexxen International has updated its proxy statement for UK depository interest holders, a move that reflects the company's ongoing commitment to transparency and communication with its investors. This update is crucial for stakeholders as it outlines important information regarding shareholder rights and voting procedures.

UK Finance Minister Rachel Reeves has unveiled a new budget that raises taxes for ordinary workers while increasing government spending on social welfare programs. The plan aims to elevate the government's tax revenue to a post-war high of 38% of GDP by 2031, as reported by the Office for Budget Responsibility (OBR). This budget is set to be a pivotal moment for the Labour government amid ongoing economic challenges.

Chancellor Rachel Reeves has unveiled a £26 billion tax-raising budget aimed at the wealthiest households in the UK, which includes the scrapping of the two-child benefit cap and cuts to energy bills funded by a mansion tax. This budget was announced amid a chaotic day marked by early leaks from the Office for Budget Responsibility (OBR).

Chancellor Rachel Reeves has announced a budget that raises the UK's tax take to an all-time high of 38% of GDP by the end of the parliament, reflecting a £26 billion tax increase aimed at stabilizing the economy amidst ongoing financial challenges.

Chancellor Rachel Reeves announced a significant increase in remote gaming duty for online casinos and bookmakers, raising it to 40% starting April next year. This change is projected to generate an additional £1.1 billion annually by 2029-30, targeting a sector that earned £12.6 billion from British gamblers last year.

The UK government has announced a plan that allows limited new drilling in the North Sea while maintaining its commitment to a ban on new oil and gas licenses, as articulated by Energy Secretary Ed Miliband following the Cop30 climate conference in Brazil. This strategy includes permitting 'tiebacks' to existing fields, which will enable some fossil fuel extraction despite broader climate goals.

A former banker at Jefferies Financial Group Inc.’s UK arm has been charged with insider dealing by the UK markets watchdog, marking a significant development in regulatory enforcement within the financial sector.

The UK government has announced the removal of tax exemptions for the Motability Scheme in the upcoming budget, a decision that is expected to impact many individuals reliant on this program for mobility assistance. This move comes as Chancellor Rachel Reeves prepares to unveil a budget that includes significant tax and spending measures.