Thursday newspaper round-up: RICS, StubHub, non-dom tax crackdown, PwC
By Michele Maatouk
Date: Thursday 14 Aug 2025
(Sharecast News) - The flow of new rental properties coming on to the market has fallen at the fastest rate since the first Covid lockdown five years ago, according to research by Britain's property surveyors. Although the demand for properties is steady, there are fewer new rentals from landlords coming available, the Royal Institution of Chartered Surveyors (Rics) found. - Guardian
The ticket resale website StubHub may have failed to prevent breaches of consumer law on its platform when it allowed a prolific tout to advertise more than 300 tickets for a Lewis Capaldi concert, experts have said. StubHub and fellow secondary ticketing platform Viagogo are under intense scrutiny from ministers, who are considering whether to ban for-profit ticket resale in an effort to protect fans. - Guardian
Britain's audit watchdog is offering cash to staff to help them "adjust" to their new office commute, which adds just six minutes to their current journey. The Financial Reporting Council (FRC), which regulates the accounting sector, has offered to financially support staff after moving from Moorgate in the City of London to Canary Wharf in Docklands, which is just two stops away on the Elizabeth Line. - Telegraph
Rachel Reeves has been urged to scrap her controversial non-dom tax crackdown to lure foreign billionaires back to invest in Britain's much-needed building projects. Leo Quinn, the chief executive of construction giant Balfour Beatty, said the Chancellor's abolition of the non-dom regime had driven away crucial investment from the nation's infrastructure. - Telegraph
Virgin Trains has signed a deal with Alstom, the French train manufacturer, for 12 high-speed trains as Sir Richard Branson's company cranks up its bid to take on Eurostar on cross-Channel rail services. The company's submission to the Office of Rail and Road (ORR) to be allowed to run services on HS1, the high-speed line from London St Pancras to the Kent coast and through the Channel tunnel, has revealed that Virgin has "secured binding exclusivity" with Alstom for a dozen Avelia Stream trains. - The Times
PwC, the Big Four accountant, has introduced a "traffic light" system to ensure staff are meeting a mandate to attend the office at least three days a week. The dashboard uses pass swipes and wi-fi connections to determine whether workers are "amber", if their office attendance falls below 60 per cent, or "red" if it dips under 40 per cent. - The Times
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