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Treasurer moves to fix 'widow's tax' after backlash

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Growth slows in Perth housing market

Australians who inherit an investment property from their partner won’t lose their access to negative gearing under proposed amendments by the government.

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(PHOTO) Meghan Markle Celebrates Her 45th Birthday With a Bikini Swimsuit and Rare Balloon Photos This Week

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Meghan Markle rang in her 45th birthday Tuesday with a playful splash, sharing a series of black-and-white photos and a video on Instagram that showed the Duchess of Sussex leaping into a pool surrounded by birthday balloons.

The As Ever founder turned 45 on Aug. 4, marking the occasion with a carousel post that captured both the jump and its aftermath. In the images, Meghan is seen mid-air in a black one-piece swimsuit and sunglasses, arms raised as a cluster of balloons floats behind her, followed by a second shot showing the splash as she crashed into the water.

A multi-part celebration

Beyond the pool photos, Meghan’s birthday post included several additional glimpses into her celebration. One slide featured an arrangement of her signature As Ever jams alongside a candle and a bucket chilling a bottle of Champagne. Another offered a personal touch, a throwback childhood photo showing a young Meghan sitting cross-legged in what appeared to be her childhood bedroom, wearing a white turtleneck, a multicolored striped skirt and her hair styled in pigtail braids. The final slide of the post carried the caption, “A birthday worth celebrating.”

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Alongside the photos, Meghan also shared a video showing her dancing during the festivities. In the caption accompanying her post, she offered a simple message of gratitude to fans. “Thank you for the birthday love,” Meghan wrote, adding a red balloon emoji.

A birthday following a notable family trip

Meghan’s birthday celebration comes just about a week after she shared a separate series of photos documenting her family’s recent trip to England, a visit that drew significant attention among royal watchers. The trip included a reunion between King Charles III and his grandchildren, Prince Archie and Princess Lilibet, whom the king reportedly had not seen in person in several years.

For that earlier post, captioned “Summer Holiday,” Meghan opened with a black-and-white photo of herself and Prince Harry sitting at a dining table, laughing over glasses of wine, with Harry’s arm resting behind her chair as she covered her face mid-laugh. The rest of the carousel showed the family’s time together during the trip, including beach days and sunset walks through grassy fields with Archie and Lilibet. One particularly striking image captured Harry tossing Lilibet into a pool, with water droplets frozen mid-air as she flipped into the water.

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A relatively quiet public presence

Despite the family’s reunion with King Charles during their England trip, Meghan did not make any public appearances during that visit, keeping the reunion largely private aside from the photos she later chose to share. Her latest birthday post follows that same pattern of offering fans curated glimpses into her personal life through social media rather than public events, a approach that has become increasingly characteristic of how the Duchess of Sussex shares moments from her life with the public.

A recent turn in front of the camera Down Under

Meghan’s 45th birthday also comes during a period of increased public visibility in other areas of her career. Earlier this year, she made her debut appearance as a guest judge on MasterChef Australia, filling in for regular judge Andy Allen while he was on paternity leave. During that appearance, Meghan described her visit to the country as a “full circle” moment, having previously traveled to Australia with Harry nearly eight years earlier during the same trip when the couple announced their pregnancy with Archie.

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A birthday tradition that has evolved over the years

Meghan’s approach to marking her birthday publicly has shifted noticeably over the past several years. Last year, for her 44th birthday, she shared a more intimate glimpse of a private dinner celebration at Funke, an upscale pasta restaurant in Beverly Hills helmed by chef Evan Funke, describing the meal as among the top five of her life. That post also included messages of gratitude to her husband, friends and family, along with a photo of her blowing out candles on a flower-topped birthday cake.

That earlier celebration also drew tributes from friends within Meghan’s circle, including former “Suits” co-star Abigail Spencer, who shares the same birthday and posted an effusive tribute crediting Meghan with having a significant, positive impact on her life.

A milestone year for the Duchess

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Turning 45 marks another milestone for Meghan, whose public profile has continued to evolve since she and Harry stepped back from their roles as senior working royals in 2020. In the years since, she has built out a business focused on lifestyle products through her As Ever brand, taken on new media and entertainment opportunities including her MasterChef Australia appearance, and continued to share curated updates about her family life with Harry, Archie and Lilibet through social media.

With her birthday celebrations now shared publicly, attention is likely to remain on how Meghan continues to balance her public-facing business ventures with the more private, family-focused glimpses she has increasingly chosen to share with followers. Her latest post, much like the family photos shared following the England trip, offered fans a warm, personal look at her life without straying into the more heavily scrutinized territory of formal royal engagements, continuing a pattern that has come to define how the Duchess of Sussex presents herself publicly in the years since leaving royal life.

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Chipotle stock falls on link to salmonella outbreak in Minnesota

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Chipotle stock falls on link to salmonella outbreak in Minnesota

Employees serve customers at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San Pedro Garza Garcia, July 16, 2026.

Daniel Becerril | Reuters

Chipotle Mexican Grill said Tuesday it temporarily pulled jalapenos from restaurants in Minnesota after learning that their supply may have been linked to a salmonella outbreak.

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Shares of Chipotle closed nearly 10% lower.

“We have a robust ingredient traceability system and, upon learning of a potential Salmonella outbreak in the supply chain impacting several food service retailers, we proactively identified jalapeños as a potential common ingredient from a common lot, removed them from the restaurants where they had been distributed, and replaced them with product from different growers,” Chipotle spokesperson Laurie Schalow said in a statement to CNBC.

The stock reaction indicates investors see the news as a callback to Chipotle’s past as the poster child for food safety issues. The burrito chain was implicated in at least five separate foodborne illness outbreaks between 2015 and 2018. Chipotle added more training for employees, sick days and an enhanced food safety program to put those troubles in the past, and it is now seen as an industry leader on the issue.

Foodborne illness has also been top of mind for many consumers lately. The ongoing cyclospora outbreak has led to more than 6,700 cases confirmed by the Centers for Disease Control and Prevention. Michigan public health authorities on Monday also confirmed the first two deaths linked to the outbreak.

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Though Chipotle does not serve any ingredients linked to the cyclospora outbreak, the company said concerns about the foodborne illness affected its sales in the second half of July.

Bloomberg first reported that Chipotle was pulling the jalapenos.

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ASX 200 Climbs to New Record High Above 9,200 as Wall Street Rally and Iran Hopes Lift Shares This Week

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Australia Housing Market 2026: Two-Speed Boom Persists as Prices Hit

SYDNEY — Australian shares pushed to a fresh all-time high Wednesday, with the S&P/ASX 200 climbing 70.9 points, or 0.78%, to 9,216.7 by 3:15 p.m. AEST, extending a rally that has now stretched across three consecutive sessions and pushed the benchmark firmly past its previous record.

The advance builds directly on Tuesday’s strong session, when the index surged 126.5 points, or 1.40%, to close at 9,145.80, its highest closing level since early March and just short of the intraday all-time high of 9,202.90 set in late February. Wednesday’s move pushed the index decisively above that prior peak, confirming a new record for Australian equities.

A rally fueled by Wall Street and easing Iran tensions

Much of the momentum behind this week’s gains has come from offshore. U.S. stocks closed at fresh record highs overnight, with the S&P 500 and Nasdaq both extending their own rallies amid growing optimism that the United States and Iran could reach a deal to reopen the Strait of Hormuz, a critical global oil shipping corridor. That optimism has helped ease the risk-off sentiment that had weighed on markets in the weeks following renewed U.S.-Iran tensions earlier this year.

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IG market analyst Tony Sycamore attributed the local rally to a combination of factors, describing it as reflecting a solid night on Wall Street, cleaner positioning following last week’s technology sector selloff, and softer Middle East headlines after President Donald Trump paused planned strikes on Iran. Sycamore also pointed to stronger-than-expected Australian household spending data as a factor helping offset broader concerns about subdued consumer confidence and a cooling housing market, even though the data is unlikely to shift expectations that the Reserve Bank of Australia will leave interest rates unchanged at its meeting next week.

Broad-based gains across sectors

Tuesday’s advance was notable for its breadth, with advancers outnumbering decliners by a dominant 238 to 47 across the broader S&P/ASX 300, and only the defensive utilities and consumer staples sectors finishing in the red. Information technology led the charge with a 3.9% gain, buoyed by overnight strength on the Nasdaq tied to renewed enthusiasm around AI infrastructure and semiconductor stocks. That enthusiasm flowed directly into local tech names, with Life360 surging 11.4% for its best session in months, followed by gains of around 6% for Appen and Catapult Sports, and a 5.7% rise for Megaport.

Australia’s big four banks also contributed meaningfully to Tuesday’s rally, climbing between 1.7% and 2.7% after Morgan Stanley flagged the sector as poised for strong upcoming earnings. The financials sector went on to close at a record high of its own on Tuesday.

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A more mixed session Wednesday

Despite the index pushing to fresh record territory Wednesday, trading beneath the surface looked somewhat more mixed than Tuesday’s broad-based advance. The financials sector, which closed at a record high just a day earlier, was trading roughly 1.1% lower by mid-morning, with Commonwealth Bank down 2.4% in what analysts characterized as likely profit-taking following the prior session’s strength. Meanwhile, the materials sector caught a strong bid, rising 2.3%, with mining giant BHP up 2.4%, suggesting a rotation of capital away from banks and toward resources stocks.

Other notable movers Wednesday included South32, up 3.5%, Northern Star Resources, up 2.8%, Qantas Airways, up 2.6%, and Evolution Mining, up 2%. Most major banks remained subdued and energy names lagged behind the broader market’s advance.

Domestic data adds support

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Local economic data released this week has provided additional support for the rally. Australia’s July services sector activity posted its strongest growth in six months, with the index revised upward from its initial flash reading. June household spending rose 0.8% month-over-month, comfortably beating consensus expectations of 0.2% growth, while July ANZ job advertisements climbed 0.8%, also topping forecasts. Together, the data pointed to a more resilient domestic economy than some analysts had anticipated, even as July industry conditions data showed continued weakness in manufacturing and construction.

With money markets now pricing in almost no chance of an RBA rate hike at next week’s meeting, and only around 14 basis points of additional tightening expected across the remainder of 2026, investors have increasingly focused on corporate earnings as the next major catalyst for the market.

Bank earnings season looms large

Investors are now turning their attention to the upcoming reporting season for Australia’s major banks, with results from Commonwealth Bank and mining giant BHP, which together make up more than 20% of the ASX 200’s weighting, closely watched in the days ahead. eToro’s lead analyst for the Asia-Pacific region, Josh Gilbert, characterized the current rally as broad-based rather than concentrated in any single sector or trade. “Money is moving across the market rather than one crowded trade,” Gilbert said, describing the nature of this week’s gains.

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Financial sector shares climbed 5.84% in July, while energy sector stocks gained nearly 10% over the same period, reflecting the kind of sector rotation that has characterized the broader market’s climb back to record levels.

With the ASX 200 now trading at fresh record highs and the Reserve Bank of Australia’s policy decision due next week, investors are bracing for a busy stretch that could bring further volatility even as the market’s overall trajectory remains firmly upward. Attention in the coming days is expected to center on trade data from both Australia and China, its largest trading partner, along with the start of major bank earnings, all of which could shape whether this week’s record-breaking run continues or gives way to a period of consolidation after such a rapid climb.

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ASA bans Jaded London ad for glamorising smoking

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ASA bans Jaded London ad for glamorising smoking

The Advertising Standards Authority has banned a marketing email sent by fashion brand Jaded London, ruling on 5 August that an image of a model holding a lit cigarette irresponsibly glamorised smoking.

The regulator upheld a single complaint about the email, which was sent on 27 May and showed a model standing by a scooter next to a body of water, wearing a pink backless mini dress with her back to the camera.

In its ruling, the ASA said the ad depicted “a young woman in fashionable clothing and accessories standing in front of a scooter next to a body of water, which the ASA considered evoked an aspirational holiday lifestyle”.

“She was holding a slim cigarette with visible ash at the tip, and we considered that suggested it was lit,” the watchdog said.

It added that the image was “heavily stylised and presented the model in a fashionable and attractive manner”. By associating that image with smoking, the ASA said, the ad “had the effect of portraying smoking as appealing and therefore irresponsibly glamorised it”.

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The ad breached rule 1.3 of the CAP Code, which requires marketing communications to be prepared with a sense of responsibility to consumers and to society.

The ASA told Jaded London the ad must not appear again in the form complained about, and told the company to ensure future marketing communications were socially responsible and did not glamorise smoking.

Responding to the watchdog, Jaded London said it was not clear whether the model was holding a cigarette because it appeared slimmer than a typical cigarette and no smoke was visible in the image. It said that if viewers understood the object to be a cigarette, it did not appear to be lit.

The company also said the cigarette was not the focus of the ad because it was “less prominent than other elements of the image, such as the model’s clothing and accessories”.

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Jaded London told the ASA it understood why it was best to avoid images of models holding cigarettes, and confirmed it would not use smoking content in future ads. The ASA said it welcomed that assurance but concluded the ad was irresponsible and breached the code.

Jaded London was founded in 2013 by siblings Jade Camber and Grant Goulden. Its clothes have been worn by Beyoncé and Kylie Jenner and are stocked in shops including Selfridges and Urban Outfitters. The brand has 1.5 million Instagram followers and recorded £51m of sales in the year to June 2025.

It is the second complaint the ASA has upheld against the company. In December 2024, the regulator banned an Instagram post promoting a footwear collaboration, ruling that images of women positioned between motorbike wheels objectified and sexualised them and were likely to cause serious offence.

The watchdog has taken a similar line with other clothing retailers over image-led marketing. In February 2022 it ruled that a Boohoo promotion featuring a model in a T-shirt and bikini bottoms was staged in a “sexually suggestive” way and told the retailer to prepare future ads with a sense of responsibility to consumers and society. In May this year the regulator banned two adverts for British beef and milk after concluding the carbon footprint claims they carried could not be substantiated.

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At the time of writing, Jaded London’s Instagram feed contained several other images of people smoking while wearing its clothes.

A spokesperson for the ASA told Business Matters it was unable to comment on whether the other posts broke the rules without them going through its formal process.

“We’d always encourage anyone who has a concern about an ad they’ve seen to report it to us,” they added.

Jaded London was approached for comment.

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Marriott: The Loyalty Engine Is Outgrowing The Hotel Cycle

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Marriott: The Loyalty Engine Is Outgrowing The Hotel Cycle

Marriott: The Loyalty Engine Is Outgrowing The Hotel Cycle

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ACCC launches Regional Mobile Inquiry

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ACCC launches Regional Mobile Inquiry

WA farmers and remote communities could soon see a boost to mobile connectivity after the competition watchdog decided to launch an inquiry into regional mobile coverage.

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MRE increase for Forrestania at British Hill

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MRE increase for Forrestania at British Hill

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McDonald’s (MCD) Q2 2026 earnings

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McDonald's (MCD) Q2 2026 earnings

The sun illuminates a corporate logo for McDonald’s on the front of their restaurant on 72nd Street on May 4 2026, in New York City.

Gary Hershorn | Corbis News | Getty Images

McDonald’s on Tuesday reported mixed quarterly results as the chain’s U.S. performance fell short of executives’ expectations.

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“We don’t have a strategy problem,” CEO Chris Kempczinski said on the company’s earnings conference call. “We simply didn’t execute at the level we needed to in the second quarter.”

The company also announced that Skye Anderson is assuming the role of president of its U.S. business, effective Tuesday, as it tries to boost performance in its home market. She succeeds Joe Erlinger, who led the division for more than six years. Anderson, a 26-year McDonald’s veteran, previously served as chief operating officer of McDonald’s USA and led its Global Business Services unit before that.

“While our playbook is working around the world, we see an opportunity to raise the bar in the U.S. and accelerate performance in our largest market,” Kempczinski said in a statement.

Shares of the company closed about 1% higher on Tuesday.

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Here’s what the company reported for its second quarter ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $3.38 adjusted vs. $3.32 expected
  • Revenue: $7.10 billion vs. $7.13 billion expected

The burger giant reported second-quarter net income of $2.36 billion, or $3.32 per share, up from $2.25 billion, or $3.14 per share, a year earlier. Excluding restructuring charges and other items, McDonald’s earned $3.38 per share.

Net revenue rose 4% to $7.1 billion.

The company’s global same-store sales ticked up 1.3%, meeting Wall Street’s expectations, according to StreetAccount estimates.

McDonald’s U.S. same-store sales increased 0.8% in the quarter. The chain said that average check rose, but traffic to its domestic restaurants fell.

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McDonald’s value challenges

Executives said that McDonald’s U.S. performance was disappointing, starting with the implementation of its value strategy.

Kempczinski said that its U.S. restaurants, which are predominantly operated by franchisees, have not consistently executed its strategy for discounts. McDonald’s allows franchisees to set their own prices, although the company assesses how operators’ menu prices help the chain deliver value. For franchisees, discounts can grow sales but eat into profits.

Only about 60% to 65% of its system has implemented its “under $3 menu,” which should include 10 items, according to Kempczinski. The loose $3 parameter meant some franchisees actually raised prices on items like a small-size order of fries. At the same time, McDonald’s pulled back on many national digital offers, which play an important role in McDonald’s loyalty program.

“There was a fairly significant amount of price [increases] that got taken in Q2 as a result of those two moves,” Kempczinski said.

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Additionally, too many complicated launches slowed down restaurant operations, adding to service times and hurting customer satisfaction scores, Kempczinski said.

Plus, McDonald’s faced tough comparisons its popular “Minecraft” movie tie-in from last April, and its World Cup campaign that launched during the last month of the quarter underperformed expectations.

If it succeeds at improving its operations and marketing, McDonald’s is expecting its U.S. same-store sales to be back on track with its expectations in 2027.

There were some bright spots, like the launch of its new lineup of refreshers and crafted sodas. Kempczinski said the drinks are introducing new visits and lifting average customer check. In the coming weeks, McDonald’s will also add Red Bull Energizers to its beverage options.

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McDonald’s saw stronger results outside of the U.S. Its international operated markets segment reported same-store sales growth of 1.5%, while its international developmental licensed markets division saw same-store sales rise 1.9%.

In June, the company revealed a new growth strategy at its biennial worldwide convention for franchisees. A new restaurant design, better-tasting food and drinks, consumer-led innovation, and improved customer service are the four cornerstones of the new plan. The chain wants to become diners’ first choice, every time.

Executives also said that McDonald’s now expects to reach 50,000 restaurants worldwide by the end of 2028, a slight delay from its prior projection of the end of 2027. CFO Ian Borden said the lag is due to the current consumer environment and inflation to development costs.

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BSE shares fall 2% despite 62% jump in Q1 net profit to Rs 874 crore. Should you buy, sell or hold?

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BSE shares fall 2% despite 62% jump in Q1 net profit to Rs 874 crore. Should you buy, sell or hold?
The shares of BSE declined 2% to their day’s low of Rs 3,550 on the NSE on Wednesday even as India’s oldest stock exchange reported a 62% year-on-year (YoY) jump in consolidated net profit to Rs 874 crore for the April-June quarter of FY27, helped by strong growth in revenue from operations and higher investment income.

BSE’s revenue from operations meanwhile rose 63% to Rs 1,566 crore in the first quarter of the ongoing financial year 2027, from Rs 958 crore reported in the corresponding quarter of the previous financial year. Investment income also rose sharply to Rs 135 crore from Rs 79 crore, while other income stood at Rs 5 crore against Rs 7 crore in the year-ago period.

The company contributed Rs 26 crore to the core settlement guarantee fund during the quarter. Total expenses rose 49% to Rs 537 crore from Rs 359 crore in the same quarter last year. Employee benefit expenses increased to Rs 87 crore from Rs 70 crore. Technology expenses rose to Rs 61 crore from Rs 50 crore.

Also Read | BSE Q1 Results: Profit soars 62% YoY to Rs 874 crore, revenue surges 63%

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Nuvama on BSE share price

Nuvama maintained its ‘Buy’ call on the shares of BSE, but reduced its target price to Rs 4,090 apiece from Rs 4,570 apiece. The latest target price implies an upside potential of 13% from the stock’s previous closing price of Rs 3,618 apiece on NSE.


The brokerage said that the company reported a strong performance in Q1, but the momentum needs monitoring. Industry volumes declined due to recent regulation, Nuvama said, explaining why it reduced its FY27 and FY28 profit estimates by up to 17%, resulting in the decline in target price.

Centrum Broking on BSE share price

Centrum Broking maintained its ‘Neutral’ call on the shares of BSE, but increased its target price to Rs 3,940 apiece from Rs 3,902 apiece. The latest target price implies around 9% upside potential from the stock’s previous closing price.The brokerage said that BSE’s Q1 performance was broadly in line with expectations, with operating revenue rising 63% YoY, driven by a 93% YoY surge in the equity derivatives segment. Most other business segments also posted healthy growth, with the exception of services to corporates, it added.

“That said, BSE continues to derive a significant share of its revenue from the equity options segment, where trading volumes have been impacted by the regulatory changes effective July 1. We expect this moderation in volumes to persist, although higher investor participation and further market share gains should partly offset the impact. Operating expenses also increased sharply during the quarter. Factoring in these trends, we expect operating revenue to register a 19% CAGR over FY26–FY29E. We also forecast both reported PAT and core PAT to deliver an 18% CAGR over the same period,” Centrum further said.

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BSE share price

BSE had announced its Q1 results in the post market hours of Tuesday. Earlier during the day, the shares gained more than 1% to close at Rs 3,618 apiece. The stock has gained more than 2% in a week but fell over 5% in a month. The stock is overall up 38% in 2026 so far.

In the longer term, BSE shares have gained 53% in a year, and delivered stellar returns of 1,160% in three years and 2,548% in five years. The company has a market capitalisation of more than Rs 1.47 lakh crore.

Also Read |LIC OFS opens for retail investors today: Should you apply in insurance behemoth’s offer?

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Bank of England overseas working: 12,889 days logged

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Bank of England overseas working: 12,889 days logged

More than 1,000 Bank of England employees spent a combined 12,889 days working outside the UK under the central bank’s working from abroad policy, according to freedom of information data first reported by The Telegraph.

Some 6,000 staff are eligible to work overseas for up to 40 days a year, on top of an entitlement to work from home for three days a week, the Bank’s official guidance states.

The Bank said on Tuesday: “The Bank’s working-from-abroad policy is in place for staff who temporarily work outside the UK. As an organisation with a significant international make-up, we recognise that colleagues may at times need to spend short periods overseas.

“Due to continued investment in modern technology and secure systems, staff are able to carry out their roles effectively while working remotely.

“The policy is subject to time limits and other conditions, including security-related restrictions, and staff are required to fulfil their usual duties and responsibilities professionally and effectively.”

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The latest publicly available staff handbook, which sets out the terms alongside the Bank’s other staff codes and policies, states: “The Bank is committed to supporting colleagues working flexibly and allows colleagues to work from abroad for a maximum of 40 working days a year.”

Disclosure lands during rate debate

The figures were released a week after the Bank’s monetary policy committee, which sets Bank Rate, held the cost of borrowing for a fifth time this year.

The nine-strong committee voted by six to three on 29 July to maintain Bank Rate at 3.75 per cent, according to the published minutes. Megan Greene, Catherine L Mann and Huw Pill voted for a rise of 0.25 percentage points, to 4 per cent.

The minutes state that consumer price inflation “has fallen to 2.6 per cent since the previous meeting, although it is expected to rise later this year as the effects of higher energy prices continue to pass through”. The Bank’s target is 2 per cent.

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Figures published by the Office for National Statistics in July showed inflation of 2.6 per cent in June, down from 2.8 per cent in May. Grant Fitzner, chief economist at the ONS, said: “A fall in motor fuel prices, particularly diesel, helped ease inflation in June.”

Andrew Bailey, the governor of the Bank of England, said at the time of the decision that the path for rates depended on whether the war between America and Iran continued.

“So it depends on how the events in the Middle East, frankly, unfold. And sadly, we all know this is highly unpredictable. What goes on in the Gulf is not, I’m afraid, under our control,” he said.

Bailey had already indicated that cuts were off the table ahead of the July meeting.

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Employers diverge on remote rules

Other large UK employers have tightened office attendance requirements over the same period. Santander instructed its UK office-based staff to work the equivalent of 12 days a month at its sites, replacing a two-day-a-week requirement, in an update sent to 10,000 employees. The bank said in-office presence was important for supporting and developing employees, particularly those early in their careers.

PwC told its 26,000 UK employees they must spend at least three days a week in the office or at client sites, up from two to three days previously.

The Bank’s next Bank Rate decision is due on 17 September, according to its published schedule.


Jamie Young

Jamie Young

Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the ‘covid era’ and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine’s coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

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