Banks in the UK will soon be granted new powers to freeze large payments for up to four days as part of updated fraud prevention measures set to take effect this autumn. The changes are being introduced ahead of a new fraud regime starting on 7

OnlyFans, the subscription-based website best known for its adult content, has paid out £1 billion to its Ukrainian-born owner, Leonid Radvinsky, since he acquired the company six years ago. The British platform’s parent company, Fenix International, reported a record $472 million (£358 million) dividend last year,

Millions of pensioners living alone could be hit with higher council tax bills if Housing Secretary Angela Rayner scraps the 25% single occupier discount, potentially compounding financial pressures as they also face losing winter fuel payments. Analysis reveals that around half of the 8.4 million people

Charlie Mullins, Britain’s wealthiest plumber and founder of Pimlico Plumbers, is selling his £12 million London penthouse as he prepares to leave the UK, citing concerns over potential tax hikes under Labour. Mullins, who sold his business for £145 million in 2021, plans to divest

Martin Seidenberg, CEO of International Distribution Services (IDS), the parent company of Royal Mail, has issued a stern warning to the government, stressing that ministers will be held accountable if they do not support changes to the postal operator’s universal service obligation (USO). This requirement mandates

Richard Caring is on the verge of selling The Ivy in a deal worth around £1 billion, marking the first change of ownership for the iconic London establishment in nearly two decades. The billionaire entrepreneur, known as “the King of Mayfair”, is reportedly ready to divest

Anthony Scaramucci, former White House communications director and founder of SkyBridge Capital, has warned that a proposed capital tax on unrealised gains could severely damage US capital markets. In an exclusive interview with Saxo for their US Election Hub, Scaramucci expressed scepticism over the feasibility of

Some business partnerships are just meant to be and last for many years, even after the namesakes have long left the business. Think M&S, founded in 1884 by Michael Marks and Thomas Spencer. But not all business founders have as much enduring success. In a previous

Over the past few years, online gambling has witnessed phenomenal growth and has moved from being just an underdog to an appropriate market with many prospects. As the world advances in the use of the internet and mobile devices, the number of people looking for markets