Business

Former Chancellor Jeremy Hunt was wrong to scrap the tax perks of wealthy foreign residents in the UK, according to shadow business secretary Andrew Griffith, who said the move had undermined the country’s attractiveness to global wealth creators.

Speaking at TheCityUK’s annual conference in London, Griffith admitted it had been a “mistake” for Hunt — under whom he served as a Treasury minister — to abolish the centuries-old non-dom regime during his final Budget. The changes were originally forecast to raise £2.7 billion in extra tax revenue.

Hunt’s move was followed by Labour Chancellor Rachel Reeves, who went further by scrapping the exemption that previously allowed non-doms to shield foreign trusts from UK inheritance tax.

Griffith, a former Sky executive and City figure, said he looked to the current government “with some bewilderment”, accusing Reeves of going too far and putting the UK’s competitiveness at risk. He cited modelling by the Centre for Economics and Business Research warning that if even a quarter of non-doms left the UK, the policy could end up costing the Treasury money.

“It was a mistake to attack global wealth creators,” Griffith told Business Matters. “I won’t expand on that, but it was a mistake.”

“What Rachel Reeves has done is very materially different by expanding it to people’s global assets, putting a significant amount [of future funding] in jeopardy,” he added. “All advice tells me that is what is driving people to leave the country.”

The remarks mark a clear break from Hunt’s economic approach and signal growing Conservative support for rolling back elements of the policy, particularly as reports suggest the Treasury is now reviewing how inheritance tax applies to non-doms’ overseas assets.

South Africa’s richest self-made woman recently told City AM she would reconsider relocating from the UK if Reeves softened her stance. “It’s not about protecting my money from the tax man,” she said. “I pay all my taxes, but South Africa has foreign exchange controls and I don’t know whether [my estate] would be able to pay the IHT bill under the current rules.”

Griffith also confirmed the Conservatives were exploring a “modernised version” of the suspended Tier 1 investor visa, once dubbed the UK’s “golden visa”, which was scrapped in 2022 amid concerns about money laundering and links to illicit Russian wealth.

Originally introduced in 2008, the scheme allowed individuals investing £2 million or more in the UK to gain residency. Griffith suggested any revival would be focused on channelling investment into key growth areas aligned with the government’s industrial strategy, such as clean energy and life sciences — an approach reportedly under consideration by Labour as well.

Asked about Reform UK’s controversial proposal to offer non-doms tax-free treatment on their foreign assets in exchange for a one-off £250,000 fee, Griffith dismissed the idea. “I’m not paying attention to that,” he said.

Reform leader Nigel Farage claims the “Britannia Card” would raise £1.5 billion annually and redistribute the money to the lowest-paid full-time workers. But tax experts have called the plan unrealistic, with Dan Neidle of Tax Policy Associates warning it would result in long-term revenue losses.

James Quarmby, a leading private wealth lawyer at Stephenson Harwood, called the cash distribution plan “bonkers”.

With thousands of high-net-worth individuals reportedly preparing to leave the UK due to the tax changes — and Britain projected to lose more millionaires in 2025 than any other country, according to Henley & Partners — pressure is growing on both main parties to rethink their approach.

Griffith signalled that the Conservatives were taking time to develop a firmer long-term policy and indicated the party would support any efforts by Reeves to scale back or recalibrate her inheritance tax proposals.

His comments come amid signs that the Treasury itself may be preparing to water down parts of the new regime, particularly around the taxation of foreign trusts — one of the most contentious areas for wealthy international residents.

Whether Reeves will backtrack remains to be seen. But with the City increasingly vocal in its warnings and high-profile individuals already heading for the exits, the political cost of holding the line may soon begin to outweigh the fiscal gain.

Read more:
Jeremy Hunt ‘made a mistake’ targeting non-doms, says shadow business secretary

The High Court trial between PPE Medpro and the Department of Health and Social Care (DHSC) resumed on day eight with a forensic focus on the statistical credibility of the government’s gown sterility tests — tests that underpin its £122 million claim that PPE Medpro breached contract by supplying non-sterile surgical gowns.

In a day that further undermined the DHSC’s central argument, cross-examination of the government’s statistics expert Professor Anne Hutton revealed significant flaws in the design and reliability of the gown testing programme — including the startling admission that no formal sampling approach was used and that critical questions about the storage of the gowns remained unanswered.

The government’s testing, conducted by Swann-Morton in 2022, was based on a sample of just 60 gowns out of a total delivery of 25 million — all of which had been sterilised by just one of seven facilities. Furthermore, only two shipping containers were sampled from an estimated 544. The testing took place 18 months after the gowns were handed over to the government’s logistics agents in China, with no detailed record of how the sampled gowns were stored or handled in the interim.

‘No formal sampling approach’

Under questioning from PPE Medpro’s lead counsel Charles Samek KC, Professor Hutton admitted that the government’s sampling method failed to follow recognised statistical protocols.

Samek KC: “You’re very clear: ‘the sample of gowns did not use a formal approach…’ Do you stand by those words?”

Professor Hutton: “Yes, they did not use a formal approach.”

Pressed further, she acknowledged that the sample selection appeared to be little more than a manual grab from a warehouse shelf.

Samek KC: “Someone went into the Bis Bardon warehouse and took down boxes of different sizes of the gowns, isn’t it?”

Professor Hutton: “That’s roughly what I remember being told.”

No knowledge of how gowns were stored

Crucially, Professor Hutton admitted she had no knowledge of how the sampled gowns had been transported or stored — a central issue in the case. PPE Medpro maintains that any contamination likely occurred after the gowns were delivered to DHSC’s agents, and that the testing was therefore not reflective of their condition at the point of delivery.

Samek KC: “You have no knowledge whether the containers may have been kept in a container park or in an open field?”

Professor Hutton: “I have no knowledge of that.”

She further admitted that her analysis was conducted on the assumption of normal storage conditions, and had not accounted for the chaotic handling and undocumented storage environments previously described in court.

“I should have asked further questions,” she said, echoing admissions made by the DHSC’s sterility expert Dr Richards earlier in the trial.

‘Probative of nothing’

Samek KC summarised PPE Medpro’s argument that the test results were ultimately meaningless without any assurance of how the gowns were handled over the previous 18 months.

“Unless one can properly exclude anything that happens to the gowns after delivery and prior to testing, the value of the testing after the event… is nil and probative of nothing,” he said.

Professor Hutton agreed that the tests had limited value under such circumstances, and acknowledged in her report that “not normal conditions” would require a completely different set of questions and controls.

PPE Medpro’s expert: testing process ‘entirely flawed’

Later in the day, DHSC counsel Paul Stanley KC cross-examined Dr Chris Williams, PPE Medpro’s expert on statistics, who gave his assessment of the government’s sampling method.

Dr Williams described the testing process as “entirely flawed”, pointing out that testing 60 gowns from such a vast and complex delivery — involving 544 shipping containers and 14 separate UK storage sites — could not reliably represent the condition of the entire batch.

“Clearly there has been time that has passed,” he said. “Across that time these gowns have come from being delivered in China, to being stored in China, to being pushed across the sea… then they were stored in 14 different storage facilities. All of this creates uncertainty… or a risk.”

Williams added that such uncertainty fundamentally undermined the integrity of the testing and made it unsuitable to support DHSC’s claim.

Day 8 adds to the growing list of challenges facing the government’s case. From questionable gown storage in open-air container parks to flawed sterility testing protocols and inconsistent timelines, PPE Medpro continues to argue that DHSC’s rejection of the gowns is not grounded in reliable evidence — but rather in a post-hoc attempt to recover public funds.

The trial continues, with further expert evidence expected.

Read more:
Sterility test sample flawed, admits DHSC statistics expert in ppe medpro trial

A stylish, well-organised workspace does more than look good — it helps you focus, stay productive, and feel more in control of your day. Whether you work from home full-time or simply need a designated space for admin, having the right setup can make all the difference.

In this article, we here at vidaXL, will share practical and inspiring ideas to help you elevate your workspace. From choosing the right office furniture to incorporating calming colours and clever storage, every detail can contribute to a more enjoyable and effective work environment. Whether you’re revamping a spare room or transforming a kitchen corner, there are stylish, smart, and accessible ways to make it work for you.

Invest in functional and stylish office furniture

When it comes to creating a productive work environment, the furniture you choose matters. Not only should your desk and chair be comfortable and ergonomic; they should also complement your personal style and the overall vibe of your home. Start with the essentials:

A height-appropriate desk with enough surface area for your tasks
An ergonomic office chair that supports your posture throughout the day
Storage solutions like a filing cabinet or shelving unit to reduce clutter

Good office furniture doesn’t have to mean boring or bulky. At vidaXL, you’ll find a range of designs — from minimalist and modern to classic and cosy — all crafted with both function and design in mind. And don’t forget those smaller but important pieces. A mobile drawer unit, a compact bookcase, or even a stylish side table can do wonders for keeping things tidy and within reach.

The best part? The right furniture helps define your workspace — especially useful if you’re working in a shared area like a living room or guest room. With the right setup, you’re not just creating a place to work — you’re creating a place you want to be.

Choose the right lighting for productivity and comfort

Proper Lighting is one of the most overlooked aspects of a home office — but it can make or break your focus, mood, and even posture. A well-lit workspace reduces eye strain, helps you stay alert, and makes the space more inviting to spend time in.

Start by maximising natural light. Position your desk near a window if possible, but avoid direct glare on your screen. Sheer curtains or blinds can help diffuse bright sunlight and create a softer, more comfortable glow. For artificial lighting, consider layering different sources:

Task lighting: A desk lamp with an adjustable arm or directional shade is ideal for focused work
Ambient lighting: Use a floor lamp or ceiling light to provide general illumination across the room
Accent lighting: Add warmth and style with a decorative table lamp or wall-mounted fixture

The key is balance — combining functionality with a calming atmosphere that doesn’t feel harsh or clinical. At vidaXL, you’ll find a selection of office-friendly lighting that ranges from sleek and modern to warm and decorative, helping you create a space that’s as productive as it is pleasant.

Lighting isn’t just about seeing clearly — it’s about feeling good in your space. The right setup can energise your mornings, ease your eyes during long afternoons, and bring a sense of calm when your to-do list is done.

Keep your space organised with smart storage

A tidy workspace is a productive workspace. Clutter not only distracts the eye but also slows you down when you’re hunting for documents, tools, or supplies. That’s why smart storage solutions are essential for any home office setup — whether you’ve got an entire room or just a corner.

Start with closed storage for the things you don’t use daily. Filing cabinets, drawer units, or sideboards are ideal for keeping paperwork, cables, and equipment neatly tucked away. Open shelving, on the other hand, is great for frequently used items and a chance to display books, décor, or plants that make your space feel lived-in and inspiring.

Here are a few smart storage tips:

Use stackable boxes or baskets for smaller items like stationery or tech accessories
Opt for a desk with built-in drawers to maximise space
Label your storage so you always know where things go
Consider a mobile storage unit that you can tuck under your desk or roll to another room

At vidaXL, you’ll find a wide range of office storage options that are both functional and stylish. From sleek shelving units to compact drawer systems, each piece is designed to help you make the most of your space without sacrificing your aesthetic.

The goal isn’t just to hide things away — it’s to create a system that supports your daily workflow. A well-organised space allows you to think clearly, work efficiently, and spend more time focusing on what really matters.

Create a workspace that reflects you

Just because it’s a workspace doesn’t mean it has to be sterile or dull. Your home office should feel like a natural extension of your personality and style. After all, you’re more likely to enjoy spending time in a space that feels personal, welcoming, and uniquely yours.

Start by choosing a colour palette that you love — whether that’s warm and earthy, soft and calming, or bold and energetic. Add texture with soft furnishings like a rug or throw, and include artwork, photos, or prints that inspire you. A corkboard or pinboard is also a practical way to keep ideas, deadlines, and notes in view while adding visual interest.

Here are a few easy ways to personalise your space:

Hang up framed prints or your favourite motivational quotes
Use unique desk accessories — think ceramic pen holders or a vintage lamp
Display personal items like travel souvenirs or small sculptures
Add a comfy chair or pouffe for when you need a break away from your desk

With office furniture and accessories from vidaXL, it’s easy to bring style and function together. Their range includes everything from bold statement desks to minimalist chairs and decorative storage, giving you the freedom to express yourself while staying organised.

Your workspace should energise you. It should feel like a space that supports your goals, sparks creativity, and helps you show up as your best self each day — whether you’re working on spreadsheets, building a business, or writing articles.

Keep it organised and clutter-free

A tidy space really does equal a tidy mind — especially when it comes to your home office. Clutter can quickly sap your energy and focus, so building good storage habits into your workspace is key.

Start by giving everything a home. Whether it’s paperwork, tech accessories, or your favourite notebooks, having a system in place makes it easier to stay on top of things. Open shelving is ideal for items you want within easy reach, while drawers and cabinets are perfect for stashing away the rest.

Consider these simple yet effective ideas:

Use vertical space: Add wall-mounted shelves or tall bookcases to free up floor space
Label boxes and folders: So you can find what you need fast
Store by frequency: Keep everyday items nearby, and store less-used gear higher or further away
Hide cables: Use cable organisers or desk grommets to reduce visual mess

At vidaXL, you’ll find storage that’s both practical and stylish — from mobile drawer units to sleek cabinets and modular shelving systems. Their designs are ideal for anyone who wants their workspace to be functional without compromising on design.

An organised office helps you feel more in control and focused — and it saves you time searching for lost pens or tangled chargers. Plus, a clear workspace makes it easier to switch off at the end of the day and reclaim your home for relaxation and downtime.

Bring in personality with thoughtful finishing touches

Even the most efficient office setup can feel uninspired without a touch of personality. Finishing touches are what turn a practical workspace into a place you enjoy spending time in — and they often have a surprising impact on your mood and motivation.

Start by choosing décor that reflects your style. This could be anything from framed art or motivational prints to decorative bookends, a sculptural vase, or a soft throw draped over your chair. Don’t underestimate the power of colour either — a vibrant lampshade, patterned rug, or colourful stationery can lift the space instantly.

Here are a few finishing ideas to try:

Plants: Fresh greenery improves air quality and adds calm
Personal mementos: A photo, a travel keepsake, or an item with sentimental value
Good lighting: A warm desk lamp or ambient floor light to soften the room
Textures: Add softness with a fabric pinboard, a wool rug, or linen curtains

If you’re looking for stylish and affordable options, vidaXL has plenty of pieces to help you personalise your setup — from statement chairs to shelving and subtle décor.

Ultimately, it’s about creating a space that feels like you — a workspace where you can focus, think, and feel comfortable all at once. When function and personality come together, your home office becomes not just a place to work, but a place to thrive.

Read more:
How to create an inspiring workspace

Electric carmaker struggles as consumers turn to cheaper rivals amid a backlash against Elon Musk

Tesla sales in Europe fell for the fifth consecutive month in May even as demand for electric cars continued to increase.

The electric carmaker sold 8,729 vehicles across the European Union last month, figures from the European Automobile Manufacturers Association showed, 40.5 per cent down from the 14,682 cars sold in the same month last year.

The decline meant that the carmaker’s EU market share dropped from 1.6 per cent to just 0.9 per cent.

The company has been relying on the updated Model Y to regain ground in Europe, but buyers are opting for cheaper Chinese electric cars, while controversy around the political views of Elon Musk, the chief executive, continues to weigh on consumer sentiment.

The data highlights the problems facing Musk, who has cut back his work for President Trump’s administration to focus on Tesla, one of the world’s most valuable carmakers.

Battery-electric vehicle registrations in the EU rose 25 per cent year on year to 142,776, while plug-in hybrid sales surged 46.9 per cent to 87,301 units.

Germany remained the largest adopter of battery-electric vehicles on the Continent, with 43,060 registered, up 44.9 per cent on the previous year. In France there was a decline, with registrations falling to 19,414 from 23,892.

As buyers increasingly turn to cheaper alternatives, China’s SAIC Motor enjoyed 18,716 sales in May — up from 13,562 last year — lifting its market share to 2 per cent.

In the UK, Tesla sold 2,016 units last month. Another Chinese rival, BYD, outperformed it for the second month in a row, selling 3,025 units, according to separate figures from the Society of Motor Manufacturers and Traders.

However, the Chinese carmaker, which sold 4.27 million cars last year, is said to have been adjusting its strategy. It scaled back some of its production and delayed plans for expansion as it works through rising inventory levels in its home market despite price cuts. It has cancelled night shifts and reduced output by at least a third of the capacity at some of its factories, according to Reuters.

The figures also showed that in the five months to May hybrid-electric cars remained the most popular choice of buyers in the European Union, taking 35.1 per cent of the market share, while petrol dropped to 28.6 per cent from 35.6 per cent last year.

Read more:
Tesla’s European sales fall for a fifth month in a row

In a landmark move to reinforce consumer protection and bring greater transparency to the gambling industry, the UK Gambling Commission (UKGC) has announced sweeping reforms set to take effect in 2026.

These reforms primarily target the structure and promotion of gambling bonuses, introducing significant changes that will reshape how online casinos, affiliates, and marketers operate. As the industry prepares for these changes, stakeholders are analyzing what the new regulations will mean for customer acquisition, player engagement, and overall business models.

Understanding the 2026 Reforms

The UK Gambling Commission has long prioritized safeguarding consumers from deceptive practices and excessive financial risk. While previous regulatory updates have targeted advertising, responsible gaming tools, and affordability checks, the 2026 reforms shift the spotlight squarely onto bonus promotions.

The three major changes are:

Ban on Mixed-Product Bonuses: Operators will no longer be allowed to offer bonuses that combine multiple gambling products (e.g., sportsbook + casino, or slots + poker) within a single promotional offer. Each bonus must be specific to one product category.
Wagering Requirements Capped at 10x: The new cap limits wagering (or playthrough) requirements on bonuses to a maximum of ten times the bonus amount. This significantly reduces the playthrough burden often required to unlock bonus winnings.
Autoplay-Style Features in Bonus Mechanics Eliminated: The UKGC will prohibit autoplay-style mechanics within bonus structures, including automatic spinning or wagering sequences that reduce player control and can facilitate excessive play.

These reforms reflect growing concerns about predatory bonus offers that have led consumers into unsustainable gambling behaviors, often without a clear understanding of terms and risks involved.

The End of Mixed-Product Bonuses: Simplifying Player Offers

The prohibition on mixed-product bonuses aims to resolve the confusion that arises when players receive multi-platform promotional offers. Under the current system, many operators bundle different gambling verticals together, making it difficult for players to track wagering requirements and fully understand which activities contribute toward bonus fulfillment.

With the 2026 reforms, each product vertical—sports betting, online slots, table games, or poker—will require stand-alone promotions. For consumers, this means greater clarity and the ability to make more informed decisions based on their preferred gaming activity. For operators, however, this forces a reevaluation of cross-selling strategies that have long relied on blended offers to drive multi-product engagement.

Operators will need to redesign their customer journeys to ensure that they retain player interest within individual verticals while respecting the clear boundaries now mandated by the UKGC.

Wagering Requirements Capped: A Major Win for Players

Perhaps the most impactful reform is the cap on wagering requirements at 10x. Historically, some operators have attached wagering requirements as high as 50x or more, making it extremely difficult for players to ever see meaningful returns from bonus offers.

Under the new rule, a player receiving a £100 bonus would only need to wager a maximum of £1000 to meet the terms of the offer, compared to as much as £5000 under previous standards. This not only simplifies the bonus redemption process but substantially limits the financial risk for consumers.

Players now face less risk and greater clarity—making it the ideal time to discover the best casino bonuses at iGamingNuts today, all fully aligned with the new rules.

From a business perspective, this shift will require operators to recalibrate their bonus value propositions. With less room for high wagering requirements to buffer bonus payouts, casinos will need to explore alternative retention mechanisms such as loyalty programs, gamification features, and customer service excellence.

Eliminating Autoplay Mechanics: Giving Control Back to the Player

Autoplay-style features have long been scrutinized by regulators for contributing to rapid gambling cycles and reduced player agency. By automating bet placements or spins, these features facilitate extended play without the conscious decision-making that responsible gambling advocates deem essential.

The 2026 reforms will eliminate any bonus mechanic that incorporates autoplay-like features. This extends beyond automated spins in slot bonuses to include rolling wagering sequences that lack clear user prompts between bets.

The objective here is straightforward: return full control to players, ensuring that each wager is a deliberate action rather than an automated process that may promote compulsive behavior.

Impact on Marketing and Affiliate Strategies

Marketers and affiliate partners will feel the ripple effects of these reforms as deeply as the operators themselves. Historically, bonus offers have served as the primary hook for acquiring new players and driving traffic to gambling platforms. With tighter restrictions on bonus complexity and wagering requirements, promotional messaging will need to shift toward transparency and trust.

The days of enticing players with massive headline bonuses that mask predatory terms are numbered. Instead, marketing content will need to focus on:

Clear explanations of bonus terms.
Emphasizing lower wagering requirements as player-friendly advantages.
Promoting other value-driven aspects of the gaming experience, such as game variety, platform security, responsible gambling tools, and customer support quality.

This pivot may lead to healthier long-term relationships with players, as trust and transparency become greater drivers of loyalty than inflated promotional offers.

According to the UK Parliament’s Gambling Act Review White Paper, regulators are increasingly committed to fostering a sustainable gambling market where marketing aligns with consumer protections. This official stance offers further evidence that the UKGC’s 2026 reforms are part of a broader regulatory evolution toward fairness and integrity (source: https://www.gov.uk/government/publications/gambling-act-review-white-paper).

Technological Implications for Platforms and Game Developers

The upcoming reforms also carry significant technological implications for platform providers and game developers who must update existing systems to comply with the new regulations.

Bonus Configuration Engines: Existing bonus engines will need to be rebuilt or reconfigured to eliminate mixed-product offers and enforce the 10x wagering cap.
Autoplay Features: Slot providers will need to strip autoplay functions from bonus rounds and ensure manual confirmation prompts between wagering sequences.
Compliance Reporting: Platforms will need more robust compliance monitoring to demonstrate adherence to the new standards during audits.

This transition phase may prove complex, particularly for operators reliant on legacy technology stacks. However, it also creates an opportunity for newer, more agile platforms to differentiate themselves by offering fully compliant, transparent systems that meet both regulatory requirements and player expectations.

Industry Response: Adaptation or Attrition?

The industry response to these reforms has been mixed. Consumer advocacy groups have largely applauded the changes as a necessary step toward fairness, transparency, and harm reduction. Industry groups, however, warn of potential revenue impacts, particularly among operators who have historically leaned heavily on aggressive bonus promotions to fuel growth.

For some operators, these reforms may force an uncomfortable reckoning with unsustainable business practices. For others, particularly those who have proactively embraced responsible gambling principles, the new rules may level the playing field and reward sustainable business models.

Affiliates will also need to evolve, focusing less on high-volume acquisition via misleading bonus offers and more on curating valuable educational content that helps players navigate the evolving landscape of online gambling responsibly.

A Move Toward Global Regulatory Influence

The UKGC’s 2026 reforms may also influence global regulatory trends. As one of the most closely observed gambling regulators worldwide, the UKGC often sets precedents that inform policy discussions in other jurisdictions. If successful, the UK’s bonus reforms could serve as a model for regulators in Europe, North America, and beyond seeking to balance industry innovation with consumer protection.

Preparing for the 2026 Transition

With the reforms scheduled to take effect in 2026, operators, affiliates, and technology providers have a critical window of opportunity to prepare. Key steps include:

Regulatory Impact Audits: Assess existing bonus structures and promotional strategies for compliance gaps.
Technology Overhauls: Update bonus engines, game configurations, and compliance monitoring systems.
Marketing Strategy Revisions: Reframe promotional messaging to emphasize transparency, fairness, and value beyond bonuses.
Staff Training: Ensure that customer support teams, marketing departments, and affiliate managers are fully briefed on the new rules.
Consumer Education: Launch educational initiatives to help players understand how the new rules enhance their gaming experience and safety.

The 2026 UK Gambling Commission reforms mark a decisive shift in how gambling bonuses are structured, marketed, and regulated. By banning mixed-product offers, capping wagering requirements, and eliminating autoplay-style mechanics, the UKGC is signaling a clear intent to prioritize player welfare over short-term revenue gains.

For operators, affiliates, and marketers, these changes demand both operational and cultural adaptation. While the short-term disruption may challenge some business models, the long-term benefits of enhanced transparency, trust, and sustainability offer a stronger foundation for the future of the UK gambling industry.

As these reforms reshape the marketplace, those who invest early in compliance, innovation, and responsible gaming principles will be best positioned to thrive in a more accountable and consumer-focused gambling ecosystem.

Read more:
UK Gambling Bonuses Overhauled: What the 2026 Reforms Mean for the Industry

Aston Martin is set to restart car exports to the United States next week after a three-month pause triggered by President Trump’s shock “liberation day” tariffs, with its chief executive warning that political inconsistency is wreaking havoc across the automotive industry.

Adrian Hallmark, who took over as CEO of the London-listed luxury carmaker earlier this year, confirmed the company would resume shipments to its crucial US market after the UK and US agreed a revised trade deal that locks in a 10 per cent tariff rate. While this is still four times higher than the pre-tariff level of 2.5 per cent, it provides certainty that was missing under the looming threat of 27.5 per cent duties.

“We anticipated a period of turmoil and shipped extra stock in Q1,” Hallmark told delegates at the Society of Motor Manufacturers and Traders (SMMT) conference. “Now, with the deal done, we can invoice built-up inventory. Demand has remained strong.”

The temporary halt in US shipments — a market that accounts for a significant share of Aston Martin’s sales — was a calculated risk, Hallmark said, likening it to “losing a third of your salary for three months. Not catastrophic, but slightly uncomfortable.”

The trade agreement, due to take effect on Monday, eases pressure on Aston Martin after months of uncertainty. Shares in the company, which had slumped to a record low of under 60p following the tariff threats in April, have since rallied by more than a third. They closed down slightly on Tuesday at 80p.

Hallmark, who was poached from Bentley last year to lead a turnaround of the debt-laden and lossmaking British marque, has won early backing from investors for his strategic approach. But speaking in London, he warned that long-term business planning is increasingly at the mercy of political inconsistency and regulatory fragmentation across global markets.

“Post-Covid, we were hoping for a return to normal. What we’ve seen instead is reverse globalisation and rapid market fragmentation,” he said. “We’re facing diverging emissions rules, safety standards, and tech regulations — China has its own, the US has another, and Europe has a third.”

He stressed that while major car manufacturers may have the resources to juggle differing standards, smaller companies like Aston Martin face disproportionate costs in adapting their vehicles to meet multiple, shifting compliance regimes.

Closer to home, Hallmark singled out the UK government’s shifting policies on vehicle emissions as a prime example of how inconsistency can derail long-term investment.

“We’ve had ICE bans for 2030, then 2035, back to 2030 again — then hybrids allowed, and now the zero-emissions mandate. These changes happened within two years. Our product development cycle is five,” he said.

Hallmark’s remarks come as Aston Martin continues its push to transform the brand’s fortunes with a new range of electrified vehicles. The company has committed to launching its first fully electric car in 2026, but its broader plans — and those of the UK automotive sector more widely — depend on a stable regulatory and trading environment.

Aston Martin’s resumption of transatlantic exports offers a short-term win, but the wider message from Hallmark was clear: if Britain wants to remain a hub for high-value car manufacturing, politicians at home and abroad must offer clarity, consistency and a long-term vision that businesses can plan around.

Read more:
Aston Martin resumes US exports after Trump tariffs lifted

Tesla has been knocked off its perch in the European electric vehicle (EV) market, with Skoda outselling the US giant in May amid growing consumer demand for more affordable alternatives and a backlash against Elon Musk.

According to market researchers at DataForce, the Czech carmaker — long the butt of automotive jokes but now a serious contender under Volkswagen ownership — sold 14,920 electric cars across Europe last month, eclipsing Tesla’s 14,055.

Much of Skoda’s success was fuelled by strong demand for its new all-electric Elroq SUV, which starts at £31,000 and accounted for 9,250 of those sales.

Tesla’s slump — a 28% year-on-year drop — marks the fifth consecutive month of declining European sales. Industry analysts say the fall comes amid growing protests over Musk’s political alignment with President Trump, which has alienated some European buyers.

Separate data from the European Automobile Manufacturers’ Association shows Tesla’s decline stands in stark contrast to the broader EV market, which surged 25% in May, with battery-electric vehicle registrations across the EU hitting 142,776. Plug-in hybrid sales also soared, jumping nearly 47% to 87,301 units.

Volkswagen Group, which owns Skoda, enjoyed a 3.4% rise in overall sales, while BMW registrations rose by 5.6%.

Germany maintained its position as the EU’s biggest electric car market, registering 43,060 new battery-electric vehicles in May — a 44.9% increase on last year. France, by contrast, recorded a 19% drop in EV registrations, down to 19,414.

Chinese automakers continued their advance in the European market. SAIC Motor saw sales climb to 18,716 units in May, up from 13,562 last year, giving it a 2% market share. Rival BYD also made gains, recording 3,025 European sales for the month, outperforming SAIC for a second consecutive month according to the Society of Motor Manufacturers and Traders.

However, BYD is reportedly facing its own challenges. Reuters reports the company has scaled back production and cancelled night shifts at some Chinese factories due to excess inventory, cutting output by at least a third.

Hybrid-electric vehicles continue to dominate the EU market, taking a 35.1% share in the first five months of the year. Petrol vehicles, once dominant, dropped to 28.6%, down sharply from 35.6% last year.

Tesla’s troubles were reflected on Wall Street, where its shares fell 4.5% to $325.13 in lunchtime trading on Friday.

As European consumers tighten their belts and seek value in the EV market, legacy carmakers like Skoda — once mocked, now ascendant — are capitalising on the shift. For Tesla, long seen as the EV frontrunner, the message from Europe is clear: the race is far from over.

Read more:
Skoda overtakes Tesla in Europe as EV buyers turn to cheaper alternatives

Gen Z investors are rewriting the rules of wealth-building. A full 70% now prioritise ethics and impact over profit alone, according to Bank of America.

For investors, fintech platforms, and asset managers, this shift signals a growing demand for investments that align with social, environmental, and cultural values.

For Gen Z, born between 1997 and 2012, traditional investment methods that focus only on profit are becoming less common. Instead, several Gen Z investors are choosing to invest with a purpose. What does this mean for the future of investing, and how are young investors turning values into investment strategy?

The Rise of Purposeful Investing

Purposeful investing centres on selecting assets that offer both potential returns and a positive impact: whether on society, the environment, or aligned personal beliefs. Increasingly, young investors are looking beyond short-term profits to assets that support a more holistic view of wealth.

Known for their social awareness and digital fluency, Gen Z is leading this transformation. Research from US Bank shows that 65% of Gen Z investors actively seek investments connected to causes they care about. That includes sustainability, ethical governance, and cultural identity.

This trend represents more than just a change in priorities. It signals a redefinition of what success in investing looks like. The values-led approach indicates a future in which financial performance coexists with meaningful, purpose-driven impact.

What’s Driving Gen Z’s Investment Values

Several core factors are shaping Gen Z’s investment habits.

First is a heightened awareness of Environmental, Social, and Governance (ESG) issues. Raised amid climate crises, global activism, and economic inequality, Gen Z tends to favour companies and assets that align with their ethical stance.

Second is technology. Gen Z has access to a wide array of investment platforms, tools, and information. This digital fluency enables them to research, compare, and act on opportunities that support their beliefs, whether that means favouring B-Corps, tracking ESG scores, or exploring unconventional assets.

Social media also plays a role. Financial influencers and online communities provide exposure to niche investment strategies, including sustainable portfolios and tangible assets with personal significance.

Why Whisky Casks Are Gaining Gen Z Attention

Whisky cask investments are emerging as an alternative asset class that combines tangible value, cultural resonance, and long-term growth. For younger investors, whisky offers more than just financial appeal. It represents heritage, scarcity, and a physical asset that stands apart from the volatility of digital markets.

The UK whisky market is thriving. Scotch whisky exports hit a record £6.2 billion in 2023, driven by global demand and whisky’s growing status as a collectible luxury item. Casks, in particular, are attracting attention for their potential to appreciate over time while also offering a connection to tradition and craft.

According to Data from Great Drams, 56% of all cask purchases were made by clients aged 18 to 44. Among these, 52% are taking a medium-term view of five to ten years. This suggests that many younger investors are approaching whisky casks with strategy and patience.

Gen Z increasingly sees emotional and financial value as interconnected.

Long-Term Growth and Accessible Exits

One major advantage of investing in whisky casks is their potential for long-term growth. Whisky barrels can double in value in 5 to 10 years, depending on the distillery and the ageing process. For many Gen Z investors, whisky represents a rare blend of cultural meaning and financial growth.

According to London Cask Traders, “Clients can often sell out of their investment within a matter of days, thanks to structured routes like auctions, broker networks, and buy-backs. But they also caution that investing in cask whisky should never be considered as overnight profit‑making.”

What makes whisky casks unique is their balance between steady growth and the possibility of satisfactory exits. For Gen Z investors, whisky casks offer more than just quick profits; they represent something culturally and personally meaningful. This could include connections to Scotland’s history, the enjoyment of owning a distinctive bottle, or the potential for long-term investment. Whisky casks align with the values of younger investors who want investments that matter beyond just financial gains.

Conclusion: A Generation Redefining Returns

Purposeful investing is more than a trend. It is a generational realignment of priorities. Gen Z investors are looking for strategies that support both their financial future and their personal values.

Whisky casks offer a compelling case study in how alternative assets can meet this need, providing cultural significance, long-term returns, and a sense of ownership that resonates.

As this movement continues, we can expect Gen Z to reshape the investment landscape by seeking assets that reflect their ideals, offer meaningful engagement, and deliver returns that go beyond the balance sheet.

Read more:
Rise of Purposeful Investing: 70% Gen Z Prioritise Values Over Profits

Certified Home Nursing Solutions is a top provider of in-home care and DDA services in Maryland. Established in 2016, they focus on whole-person care.

They help people stay safe and healthy in their own homes. Their team trains staff to understand physical, mental, emotional, and cultural needs. That makes them a trusted voice in holistic home care.

What Holistic Home Care Includes

Holistic care goes beyond medicine. It cares for the whole person. It embraces mind, body, and environment.

Physical health

This means daily tasks like bathing and dressing. It also means managing meds, giving wound care, and supporting mobility. Nurses check vital signs and report changes. They catch issues early.

Mental health

A kind word can change a day. Caregivers talk about feelings. They spot loneliness and sadness. Certified Home Nursing Solutions has seen how a chat on the porch helped one client smile more. “He started reading again,” a caregiver recalled. “Small talks made a big lift.”

Emotional well-being

Caregivers use music, photos, or gentle touch to boost mood. These actions spark joy and reduce anxiety. A client who felt low began humming again after listening to old songs with her aide.

Social and cultural support

Home care respects background and routines. For people from other cultures, mealtime rituals matter. Caregivers adapt menus and schedules to honor that. At least 41% of seniors say feeling misunderstood hurts their care. Respecting traditions builds trust and comfort.

Why Holistic Care Matters

Better health outcomes

Studies show holistic care can reduce hospital readmissions by 30%. It lowers the risk of falls and improves mood. Holistic approaches treat symptoms faster and prevent worsening.

Improved quality of life

Small joys add up. A well-prepared meal can brighten a day. A listening ear can ease stress. Clients feel seen. They feel valued.

Cost savings

Caring for the whole person lowers overall health costs. It prevents complications and reduces hospital stays. Insurance providers favor this model now.

Family peace of mind

Families know their loved ones are cared for in every way. They trust the team. Stress and worry fade when they know help is complete.

How Certified Home Nursing Solutions Leads in Holistic Care

Certified Home Nursing Solutions trains its staff well. Caregivers learn:

Medical skills like wound care and injections
Communication skills for grief and stress
Cultural sensitivity for diverse clients
Activity planning for mind and body

They serve elders, people with developmental needs, and families. Staff plan routines that match each person’s life. One client loved gardening. Her aide learned to help her pot plants again. That care brought color and purpose to her day.

Real-Life Examples

Mrs. Lopez’s herbal tea

Mrs. Lopez missed her homeland flavors. A caregiver researched Filipino teas to match her taste. Now she drinks tea daily and feels at home. “It’s a taste of my youth,” she said.

Mr. Davis’s music breaks

Mr. Davis had long silent days. His aide brought guitar and sang childhood songs. He began tapping his toes again. It reminded him of family sing-alongs.

Steps to Add Holistic Care at Home

Understand the person

Ask about routines, likes, dislikes, and cultural habits. What makes them feel safe? What brings joy?

Train your team

Invest in caregiver training across health and culture. Support both skill and empathy.

Plan around the whole person

Build routines that include health, hobbies, and social time. Don’t just schedule care tasks.

Track and adjust

Check if the plan works. Ask clients and families. Change activities if mood or health dips.

Celebrate progress

Share stories and wins. One client mastering a walker step counts as a milestone. Celebrate small wins often.

Advice from the Experts

“Holistic care shines when we treat health like life,” said a lead at Certified Home Nursing Solutions. She added: “One client learned to cook again. That lifted his mood like nothing else.”

Another caregiver shared: “We didn’t just clean the room. We listened to her stories. She started calling her niece more.”

Why You Should Act Now

Aging at home is a goal for many. Around 90% of seniors prefer to stay in their own homes. Holistic care makes that choice healthy and safe.

It’s not complex. With planning and training, small teams achieve big results. Families stay connected, too.

Your Action Checklist

Write down routines and traditions you’d like to preserve.
Schedule training on culture, empathy, and basics.
Plan daily activities — movement, meals, joy.
Check progress and tweak your plan weekly.
Share your wins with family and staff.

Conclusion

Holistic home care is caring for all parts of a person. It’s caring for health, heart, mind, and culture. Certified Home Nursing Solutions does this every day. They use real acts of compassion to improve lives.

You don’t need fancy tools or big budgets. Just curiosity. Just care. Start small. Support the whole person. That is what truly matters in home care.

Read more:
Holistic Home Care: What It Really Means and Why It Matters

How a New Jersey native became a trusted healthcare provider in Georgia

Krishan Bajnath didn’t always plan to become a pharmacist. But life had a way of pointing him in that direction. His story isn’t just about medicine. It’s about grit, adaptability, and showing up when people need help the most.

In this feature, we take a close look at how Bajnath carved a place for himself in one of the most demanding industries—and became a respected leader along the way.

Early Life: Moving States and Shaping Goals

Krishan grew up in New Jersey. Life there was fast-paced, but for a while, it felt like home. That changed when he moved to Florida for a brief time. The move brought challenges.

“Florida was tough,” Bajnath says. “There were experiences that made my family feel unsafe. We dealt with racism, and it got to a point where we had to leave.”

The next stop was Georgia. It was a fresh start and, as it turned out, the beginning of something important.

In high school, Krishan stood out for his academics and discipline. He became a member of the National Honor Society, earned a scholarship to Georgia State University, and began volunteering at Northside Hospital.

“That experience taught me what real care looks like,” he recalls. “It was my first time being inside a hospital not as a patient but as someone helping others.”

College and Pharmacy School: The Road to a Healthcare Career

At Georgia State, Krishan balanced school with sports and volunteer work. He was passionate about both academics and athletics, often playing basketball and football with friends to unwind.

His hard work paid off. After graduating, he got into Philadelphia College of Osteopathic Medicine (PCOM) Georgia for pharmacy school. It was a competitive program, but he made the Dean’s List and graduated in 2020—the same year COVID-19 changed the world.

“I finished school during the height of the pandemic,” he says. “I knew the job wouldn’t be easy, but I also knew I was needed.”

CVS and COVID-19: Showing Up When It Mattered Most

Krishan’s first major role came at CVS, where he started as a pharmacist during COVID-19. His early days weren’t spent behind a counter. Instead, he was going out into the community—administering vaccines to the elderly in nursing homes and care facilities.

“We weren’t just giving shots. We were giving people peace of mind,” Bajnath says. “A lot of these folks hadn’t seen their families in months.”

But the biggest test came when CVS partnered with Delta Air Lines in Atlanta to vaccinate thousands of employees. Krishan was on the ground floor.

“I personally gave shots to a lot of the Delta staff,” he says. “Then I helped lead a team of pharmacists and techs to scale the operation. We were vaccinating people nonstop.”

His role wasn’t just operational—it was personal. Krishan knew the impact of the work.

“It was the first time many employees felt safe coming back to work. That meant something.”

Leadership in Pharmacy: Beyond the Pills and Prescriptions

Today, Krishan continues working as a pharmacist. But his career is about more than prescriptions. It’s about trust.

“You have to earn people’s trust,” he explains. “Whether it’s explaining a medication or helping someone feel safe during a crisis.”

His leadership style is direct but compassionate. He focuses on building team culture and making sure everyone is aligned.

“When we were doing the Delta project, we had techs, nurses, and pharmacists all in the same space. I learned fast how important communication is.”

And it’s not just about work. Krishan still makes time for his hobbies—sports, travel, hiking, cooking, and even gaming. He believes balance keeps him sharp.

“You can’t take care of people if you’re not taking care of yourself.”

What’s Next for Krishan Bajnath?

When asked what’s next, Krishan keeps it simple: “I just want to keep growing. There’s always something new to learn, especially in healthcare.”

He’s not chasing titles or headlines. Instead, he’s focused on impact—on continuing to show up when it counts.

And for a kid who once had to change states because of discrimination, that’s no small achievement.

“I want people to know it’s possible. Even when the path isn’t perfect, you can still find your place.”

Read more:
Krishan Bajnath’s Journey: From College Grad to Pharmacy Leader