The Latest Breaking News from Business

The IRS has been adjusting the 1099-K reporting rules for years, and 2026 was shaping up to be the moment when everything changed. After delays, phased rollouts, and more confusion than anyone asked for, this was the year when millions of Americans were going to make major tax changes. Whether…

Morgan McSweeney quits as Keir Starmer’s chief of staff over the Peter Mandelson–Epstein scandal, leaving the British prime minister fighting for his political survival.

Business secretary Peter Kyle praised the ‘landmark legislation’ that will ‘drag Britain's outdated employment laws into the 21st century’

Opposition figures have called for the City watchdog to investigate pre-Budget briefings about the fiscal shortfall.

Sir Keir will use a speech to support the decisions taken by Ms Reeves in the Budget

The Cabinet minister admitted that in recent years doctors, entrepreneurs as well as billionaires had left the country

Rain Newton-Smith will tell ministers and business leaders that firms are worried the UK could ‘risk getting locked in a stop-start economy’.

She is expected to say the Employment Rights Bill is ‘the single most complained-about measure’ she hears when she speaks to businesses.

Business Secretary Peter Kyle hit out at the leader of Reform UK while speaking at the Co-operative Party conference.