Net migration to UK drops 69% year on year, ONS figures show

Energy advisers have alerted UK ministers to a potential gas supply crisis that could emerge by the end of the decade, urging immediate action to secure gas supply for homes and businesses during cold weather. The warning highlights the vulnerability of the UK's energy infrastructure amidst changing climate conditions and energy demands.

Economists have expressed concerns regarding the UK budget presented by Chancellor Rachel Reeves, which includes a £26 billion tax increase aimed at stabilizing the economy. The budget has been criticized for its reliance on back-loaded tax rises that may not materialize, raising doubts about its sustainability and effectiveness in addressing economic challenges.

UK Chancellor Rachel Reeves is facing criticism for raising taxes to fund welfare programs, a move that has sparked debate about the sustainability of her fiscal policies. The recent budget announcement included a £26 billion tax increase, raising the UK's tax take to a record high of 38% of GDP by the end of the parliament.

Chancellor Rachel Reeves presented her second Budget, which included measures such as stamp duty holidays and cuts to tax relief, aimed at addressing the ongoing economic challenges in the UK. The budget reflects a response to the cost of living crisis while attempting to stabilize the stock market.

Chancellor Rachel Reeves announced a freeze on income tax thresholds until the 2030-31 tax year, a decision that experts from the Resolution Foundation and other thinktanks warn will disproportionately affect poorer households, exacerbating existing financial pressures on low-income taxpayers.

JP Morgan and Goldman Sachs have announced significant expansion plans in the UK, including a new 3 million square foot tower in Canary Wharf for JP Morgan, following the autumn budget presented by Rachel Reeves that spared the banking sector from tax increases.

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.

Flutter has announced that new UK gambling duties are expected to impact its EBITDA by $320 million in 2026. This significant financial forecast highlights the increasing regulatory pressures facing the gambling industry in the UK.