Britain’s small and medium-sized businesses are expressing mounting concern over the twin threats of rising taxes and stubborn inflation rates as the country heads towards the next budget announcement. A recent survey from the British Chambers of Commerce (BCC) reveals the private sector remains anxious and outlooks for growth are subdued. The BCC’s quarterly report, […]

Senior figures within the British Medical Association (BMA) have ignited fierce debate following the leak of a letter suggesting that GPs should direct patients to A and E departments rather than pharmacies. This unusual recommendation came amidst an escalating dispute over NHS reforms designed to expand the role of pharmacies and streamline online booking processes […]

Across England, local councils are under growing financial strain as they struggle to balance budgets in the face of sharply rising costs and demand for adult social care. The latest blow came in the previous year’s Budget, when Chancellor Rachel Reeves raised employers’ National Insurance contributions to 15 percent and increased the minimum wage. These […]

England has endured its second-worst harvest since records began in 1984, amplifying serious concerns over both the resilience and future of British agriculture. New government data confirms that farmers reaped just 16.2 million tonnes of cereals and oilseeds this year, surpassed only by the catastrophic 2020 harvest of 16.1 million tonnes. The figures, compiled by […]

A leading City wealth management firm has come under the spotlight for requiring its Dubai trainees to make at least 100 calls a day, as regulators move to tighten restrictions on unsolicited selling of financial services. Hoxton Wealth, with headquarters in London and operations spanning the globe, outlined uncompromising expectations in its recruitment drive for […]

Virgin Trains is preparing a bold move to compete with Eurostar by launching direct rail services from Manchester to Paris. Backed by Sir Richard Branson, the company aims to offer connections from English regions—including Manchester and Birmingham—to major European cities such as Paris, Amsterdam, and Brussels, should it succeed in gaining access to the Channel […]

The collapse of First Brands and Tricolor in the United States has placed the private assets sector under the microscope, with Britain’s Financial Conduct Authority now closely monitoring the repercussions. These two companies—a car parts supplier and a subprime car lender—both entered bankruptcy last month, exposing significant vulnerabilities within a corner of the financial system […]

The hiring market remains firmly in the doldrums, but there may be cause for cautious optimism according to the latest trading update from Hays, the UKs largest listed recruitment firm. The company reported that while market conditions are still challenging, there has been no further deterioration over the summer months, a development that provided a […]

BP is pursuing damages exceeding £1 billion following a significant arbitration victory against the American liquefied natural gas (LNG) producer Venture Global. The case centres on claims that Venture Global breached long-term supply contracts by delaying the official start of commercial operations at its Calcasieu facility in Louisiana, allowing it to sell LNG on the […]

Parkinson’s disease has long been considered intractable from a clinical and financial perspective. The debilitating tremors experienced by patients arise from a deficit of dopamine within the brain, often only managed with pharmaceuticals that provide fleeting comfort. Even surgical interventions such as deep-brain stimuli – utilising metal electrodes to shock particular neural pathways – frequently […]

Gemini, a dynamic new entrant in the rail sector, is set to challenge Eurostar’s longstanding dominance of high-speed passenger services through the Channel Tunnel. The company, chaired by Labour peer and transport veteran Lord Berkeley, has announced a collaboration with Uber and Siemens for the delivery of cutting-edge rolling stock. An initial order of ten […]

Ferrari has unveiled its inaugural full-electric vehicle, the Elettrica, marking a milestone at its Maranello headquarters in northern Italy. Although the long-awaited reveal grabbed the headlines, investors reacted with dismay as the company issued a less optimistic profit forecast. The Elettrica, a four-seat coupé expected to hit the market next year, represents the legendary carmaker’s […]

Novo Nordisk, the Danish pharmaceutical giant best known for developing the weight-loss injection Wegovy, has announced a landmark deal to acquire US-listed biotech Akero Therapeutics for up to $5.2 billion. This acquisition marks the first major move by Novo Nordisk’s new chief executive, Mike Doustdar, as the company intensifies its focus on treatments for metabolic […]

The number of landlords incorporating their property portfolios has soared to levels not seen since 2007 as property investors scramble to protect their profits from escalating tax rates and rising interest costs. According to Hamptons estate agency, 6493 new buy to let companies were created in September, contributing to a total of 51295 for the […]

The ongoing fallout from the UK motor finance scandal is placing severe financial strain on Lloyds Banking Group and Close Brothers, with both lenders announcing that compensation costs will materially exceed their previous estimates. Lloyds, historically a significant operator in the British car loans sector, had already set aside £1.15 billion for customer redress. Now, […]

HSBC has moved to consolidate its position in Asia by announcing a £10.7 billion-pound acquisition of the remaining 36 per cent of Hang Seng Bank that it does not already own. The FTSE 100 lender has put forward a cash offer of HK$155 per share, representing a 30 per cent premium to Hang Seng’s closing […]

Anglo American has confirmed it will maintain its primary listing on the London Stock Exchange following its proposed $53 billion merger with Canada’s Teck Resources. Chief executive Duncan Wanblad emphasised that remaining listed in London made enormous sense as the majority of both companies’ shareholders are based in the UK capital, and London continues to […]

Azerbaijan’s sovereign wealth fund, Sofaz, has made a significant foray into the United Kingdom’s infrastructure sector with an investment of £50 million in Gatwick Airport. This initiative marks one of its largest infrastructure deals on the European continent as the fund continues to broaden its portfolio beyond its home market. Sofaz, established in 1999 and […]

The European chemicals sector, once a powerhouse of the continent’s industrial landscape, faces existential jeopardy according to Sir Jim Ratcliffe, chief executive of Ineos. He warns that within a decade, Europe could witness the disappearance of much of its chemicals industry due to an onslaught of high energy costs, carbon taxes, US tariffs, and fierce […]

Hundreds of employees at Orsted in Britain are facing uncertainty, following the announcement by the Danish wind energy giant that it will slash a quarter of its workforce globally. The company, a key player in offshore wind development, is set to reduce its staff from 8000 to 6000 by the end of 2027 as it […]

More than one hundred companies are reeling from a large-scale cyber attack targeting Oracle’s business product suite, with details emerging that shed light on the increasing sophistication of this new breed of hackers. Google’s Threat Intelligence Group has revealed that the Russian-speaking Clop group of cybercriminals, widely active since 2020, is believed to be behind […]

Two leading British universities are preparing to establish full campuses in India, in a move designed to increase international revenues without changing existing rules on student visas. The University of Lancaster and the University of Surrey have both secured official approval to open new sites in Bengaluru and Gujarat respectively. This initiative was confirmed during […]

Senior doctors are warning that the NHS is in a state of emergency despite Chancellor Rachel Reeves injecting an additional £25 billion into the health service this year. Labour has prioritised fixing the NHS’s persistent problems since coming to power, using funds from increased taxes on employers’ National Insurance and capital gains tax to address […]

John Lewis has secured unanimous approval for a £70 million build to rent project in Reading, following significant debate over the impact on local health services and affordable housing provision. The prominent retailer will replace a vacant warehouse with 170 new rental flats, marking the third and final approval for its suite of flagship rental […]

Rachel Reeves, the Chancellor, has received an unexpected boost to her forthcoming budget as the Office for National Statistics (ONS) revealed public borrowing figures had been overstated by a cumulative £3bn since January due to a VAT receipts error. This correction, which sees borrowing revised down by £200m-£500m each month, provides Reeves with additional leeway […]

In a decisive move set to reshape the night-time economy, the government is advancing plans allowing pubs, clubs and restaurants in England and Wales to extend their trading hours deep into the early morning. The initiative, part of Labour’s broader drive for economic expansion, seeks to revive the fortunes of the struggling hospitality sector—a pillar […]

A renowned British chemist, Professor Richard Robson, has been awarded the Nobel Prize in Chemistry for technology that could transform industries from energy to environmental protection. Robson, who began his life in Yorkshire and has spent most of his career in Melbourne, shares the accolade with Japan’s Susumu Kitagawa and Omar Yaghi of the United […]

Labour’s pledge to slash private car park fines is generating waves of controversy among parking operators, small businesses, and consumer rights advocates alike. The party has promised swift measures to guarantee fairness and clarity in the system, but industry representatives have warned this could usher in chaos and embolden rule breakers. The British Parking Association […]

Britain’s largest banks have seen their valuations soar by over £5bn after the Financial Conduct Authority (FCA) unveiled a smaller than anticipated car finance compensation pot. Shares in Close Brothers spiked more than 10 per cent, while Lloyds Banking Group’s market capitalisation rose by more than £1bn in early trading, reflecting relief across the sector. […]

The Bank of England is set to rein in regulation on major lenders, aiming to lighten the administrative load faced by banks in the City and beyond. In a move reflecting changing priorities post-Brexit, the Bank is preparing to streamline requirements and give itself greater leeway in managing the capital framework for financial institutions. Across […]

Last month, Chancellor Rachel Reeves and Technology Secretary Liz Kendall were pictured donning Google-branded high-vis jackets and hard hats as they visited the US tech giant’s £750 million data centre in Hertfordshire. The move was part of Google’s broader pledge to pour £5 billion into the UK, a package promoted as a compelling show of […]

Sir Leonard Blavatnik, Britain’s third-wealthiest individual, has deepened his commitment to his sports streaming venture Dazn with an additional $587 million (£438 million) investment over the past year. The injection raises Blavatnik’s total funding of the so-called “Netflix of sports” beyond a staggering $7 billion since its inception nine years ago. Dazn, spearheading an ambitious […]

Peter Hargreaves, co-founder of Hargreaves Lansdown, the iconic UK investment platform, has stepped down from the company board and entrusted a non-executive directorship to his son, Robert Hargreaves. This move marks the end of an era for a business that, over forty four years, has grown from a modest Bristol bedroom setup to a giant […]

The United States economy has proven more robust in the face of record protectionism than previously forecast, according to assessments from the International Monetary Fund as it prepares to release its latest analysis of President Trump’s trade tariffs. Kristalina Georgieva, the IMF’s managing director, remarked that fears of a recession and surging unemployment related to […]

The Bank of England has issued a stark warning that soaring valuations in American technology companies might be fuelling an artificial intelligence bubble reminiscent of the dotcom era. Officials noted that share prices of major tech giants have reached dizzying heights, creating an atmosphere where markets are highly sensitive to any shift in optimism surrounding […]

Downing Street has intervened to block the publication of a government report warning that the collapse of tropical rainforests, such as the Amazon, could result in a notable rise in food prices in British supermarkets. The report, a comprehensive “global ecosystem assessment”, details the risks faced by the United Kingdom if crucial ecosystems like tropical […]

Sir Keir Starmer is preparing to overhaul NHS value for money protocols in a high-stakes move that could see Britain pour billions more into pharmaceutical spending. This comes amid escalating concerns that leading drug companies may withdraw operations from the UK unless the government raises the price threshold at which new medicines are approved for […]

Billionaire Sir Jim Ratcliffe’s Ineos is set to cut 60 jobs at its Acetyls plant in Hull, citing cheap Chinese imports and elevated UK energy costs as the key reasons for this decision. The move will see one fifth of the workforce at the East Yorkshire site laid off, as the chemical sector across Britain […]

UK consumers seeking convenience through rapid delivery apps such as Deliveroo, Just Eat and Uber Eats are finding themselves paying dramatically more for their groceries, according to a recent investigation by Which, the UK’s consumer champion. The study shows that some shoppers are being charged up to twice as much for supermarket staples when ordering […]

B&M European Value Retail has issued a profit warning as its new chief executive Tjeerd Jegen pledges “decisive actions” to restore the former discount powerhouse to consistent growth. Shares tumbled nine per cent after the FTSE 250 retailer admitted that likeforlike sales in the UK dropped 11 per cent in the second quarter—worse than both […]

Offset mortgages, once a staple of the UK lending market, are rapidly vanishing as major lenders withdraw these products from sale. Last Friday, Clydesdale Bank—part of Virgin Money—removed all offset rates for new borrowers. This follows the Family Building Society dropping offset loans in March and First Direct stepping back in 2023. Scottish Widows Bank, […]

The pace of house price growth in the UK has decelerated to its lowest level in eighteen months, as speculation around potential stamp duty reforms and looming tax changes in the autumn budget weighs heavily on the property market. According to figures from Halifax, one of the largest mortgage lenders, house prices dipped by 0.3 […]

Asda has reignited the fierce competition among UK grocers, triggering a significant drop in share prices for market leaders Tesco and Sainsbury’s. Fresh reports indicate that Asda is increasing pressure on its suppliers to help drive down prices in a bid to restore its fortunes and compete more aggressively with the German discounters Aldi and […]

The US dollar faced unprecedented pressure amid tariff-related turmoil earlier this year, raising concerns about its enduring reputation as a global safe haven. According to a report from the International Monetary Fund, foreign investors turned into net sellers of the dollar following President Trump’s so-called Liberation Day pronouncements, which unsettled international markets and fuelled uncertainty […]

Shell is set to take a substantial noncash impairment of $600 million dollars for the third quarter after abandoning the construction of what would have been one of Europe’s largest biofuels plants. The charge comes on top of an 800 million dollar hit previously booked for the Rotterdam facility and includes remediation costs for a […]

The process to find a buyer for Lady Lynn Forester de Rothschild’s significant minority stake in The Economist Group has commenced, signalling the first substantial change in the publication’s ownership in a decade. The 27 per cent holding, currently being marketed by investment bank Lazard, is expected to command a price nearing £400 million, with […]

The public purse has shouldered a notional loss of $47 billion after Gordon Brown’s decision to sell almost half of Britain’s gold reserves 25 years ago. The country offloaded 395 tonnes of bullion between 1999 and 2002, raising $3.5 billion at the time. That same volume of gold would command a staggering $50.6 billion today, […]

HM Revenue and Customs has dramatically stepped up its efforts to recover unpaid tax within professional football, clawing back a record £90 million last year. This marks a significant rise from the previous £67.5 million, underlining the increasing focus on tax compliance within the sport. New investigations commenced into 12 clubs, 90 players and 16 […]

Nikolay Storonsky, billionaire chief executive of Revolut and one of Britain’s wealthiest entrepreneurs, has moved his residency from London to the United Arab Emirates, underlining mounting concerns about an exodus of high-net-worth individuals from the UK. His relocation comes shortly after the government celebrated the opening of a new Revolut office in London, touting it […]

Thousands of British owners of holiday homes in the European Union risk serious disruption as the bloc introduces a new border control system from Sunday. The entry and exit system EES will now automate the 90180 day rule for nonEU citizens including British passport holders after Brexit. This change means computer systems at the border […]

UK regulators are intensifying their efforts to protect consumers amid a surge of claims management companies and law firms seeking a slice of billions in car finance compensation. Recent actions have seen several claims companies shut down and others ordered to halt new client intake, as authorities combat misleading advertisements and questionable practices. The Financial […]

France is rapidly becoming the epicentre of financial turbulence amid mounting concerns over public debt and political paralysis. The abrupt resignation of French Prime Minister Sébastien Lecornu, after barely a month in office, highlighted the government’s struggle to reconcile stretched public finances with a fractured parliament unable to muster support for spending cuts or tax […]

The price of gold soared to a new record, breaking the $3,900 dollar barrier for the first time as investors flocked to the historic safe haven asset amidst deepening economic uncertainty. By the close of trading, the spot price stood at $3,956.19 dollars per ounce, representing an impressive gain of almost 50 per cent for […]

One of the world’s largest hedge funds has placed a significant £35 million short bet against Metlen Energy and Metals only two months after the Greek group debuted on the London Stock Exchange. The move by Millennium, disclosed in filings with the Financial Conduct Authority, amounts to a short position equivalent to 0.6 percent of […]

Claire’s Accessories, a familiar high street name, has collapsed into administration in the UK and Ireland owing at least £12 million to unsecured creditors, including major organisations such as the British Red Cross and property firm Landsec. The retail chain, which specialises in affordable jewellery and accessories, had struggled to overcome the challenges faced by […]

British firms are now at the forefront of the global anti-money laundering sector, a booming market propelled by ever-tightening regulatory pressure and advances in artificial intelligence. Recent industry figures estimate worldwide AML tech sales hit $33.9 billion in 2025, with the UK home to two of the top three companies leading the charge. This ascendancy […]

Shares in Aston Martin Lagonda dropped over 8 per cent following a profit warning that marks yet another challenging year for the iconic British carmaker. After suffering a series of setbacks, Aston Martin now expects deeper losses than anticipated for 2025, with full-year sales forecast to decline nearly 10 per cent. Cashflow has also come […]

Japanese equities surged to unprecedented levels as investors bet on a policy shift heralded by Sanae Takaichi’s victory in the Liberal Democratic Party’s leadership contest, positioning her to become Japan’s first female prime minister. The Nikkei 225 index soared 4.75 per cent on Monday, while the broader Topix index climbed 3.1 per cent, with drug […]

Hopes for a revival in London’s IPO market have been reignited by Shawbrook’s formal announcement of its intention to float on the main market of the London Stock Exchange. The specialist lender, which serves the UK’s small business community, has filed documentation to begin a share sale, including a retail offer, potentially valuing the group […]

OpenAI has dramatically intensified its artificial intelligence ambitions, announcing an unprecedented agreement with semiconductor giant Advanced Micro Devices. In this multi-billion pound partnership, OpenAI will acquire tens of billions of pounds worth of high-performance chips from AMD—a move expected to supercharge its efforts to advance AI to its fullest capabilities. The deal was revealed on […]

The Conservative Party has intensified its campaign against Nigel Farage and Reform UK, branding them as a party marching leftwards on economics while reaffirming their own stance on fiscal responsibility and significant public spending cuts. Sir Mel Stride, the shadow chancellor, likened Farage to Jeremy Corbyn, asserting that Reform UK is now the party of […]

The pricing structure of train tickets in Wales has come under renewed scrutiny, as leading transport specialist Professor Stuart Cole declares that current fares “make no sense” from a financial perspective. The prevailing approach, marked by dynamic pricing and confusing fare bands, lacks a clear relationship with distance travelled or time of travel, causing headaches […]

When Rachel Reeves strode into the Treasury just over a year ago pledging to make it the most pro-growth exchequer in the UK’s history, few could have foreseen the difficult crossroads she now faces. With memories of Labour’s election victory already growing faint, Reeves finds herself on the brink of another fiscal winter, forced to […]

RingGo, Britain’s largest parking app, has reported record takings of £38 million in parking fees, following a government decision to postpone a new platform intended to cut costs for motorists. The app, now under Swedish ownership through the group Arrive, enables drivers to pay for parking at more than 17,000 different UK locations. Parking charges […]

At the Conservative Party conference in Manchester, leader Kemi Badenoch revealed a radical overhaul of the UK’s migration system, promising what she described as a Trump-style approach to border enforcement. With party poll ratings in dire territory and the threat from Reform UK and Nigel Farage looming, the pledge to deport 150000 illegal migrants per […]

On the slopes above Port William in Dumfries and Galloway herds of 1200 Holstein Jersey cross cows graze year round thanks to the mild climate shaped by the Gulf Stream. Dourie Farm run by brothers Rory and Gregor Christie exemplifies the region’s significance in Scottish dairy with a daily output of 30000 litres of milk […]

The UK’s planning policy is once again under the political spotlight as Chancellor Rachel Reeves prepares sweeping changes to planning and infrastructure legislation ahead of the crucial November budget. Reeves, determined to address Britain’s lagging economic growth, hopes a series of new measures will unlock construction and infrastructure projects, targeting around £3 billion towards her […]

Mark Gaskain’s family has cultivated fruit on the chalk hills above Chilham in Kent for four generations, but now the fields pickers walk are filled with vines rather than orchards. Migrant workers, mostly from former Soviet states, gather pinot meunier grapes destined to blend with chardonnay and pinot noir for English sparkling wine – produced […]

The competitive landscape of the UK convenience sector is undergoing a dramatic transformation as major supermarket chains increase their presence in local neighbourhoods. Once the preserve of independently run shops, this £48.8 billion market is attracting robust investment from established players such as Tesco, Sainsbury’s, Asda, Morrisons and the Co-op. Their aggressive expansion is squeezing […]

The chief executive of Entain, one of the world’s largest betting and gaming companies and owner of well-known high street brands such as Ladbrokes and Coral, has issued a stark warning to the government ahead of next month’s budget. Stella David, who took up the post permanently in April, said prospective rises in gambling taxes […]

Sir Jim Ratcliffe’s Ineos group has imposed a companywide recruitment freeze as it seeks to reduce debt exceeding €11 billion following years of acquisitions and turbulence in the global chemicals market. The British petrochemicals giant is reining in spending across its international businesses having recently invested approximately €2.7 billion to expand operations in the United […]

Wales is currently grappling with a significant worklessness crisis, with 25.6 per cent of its population neither in employment nor actively seeking work—a figure substantially higher than the UK average of 21.1 per cent. The situation is markedly worse among older workers, where 34.1 per cent of people aged between 50 and 64 are classed […]

The UK’s energy landscape turned a crucial page as Ratcliffe-on-Soar Power Station in Nottinghamshire was switched off on 30 September 2024, ending more than five decades of coal-fired electricity generation. Plans approved by Rushcliffe Borough Council now set demolition in motion, with controlled explosives to bring down the plant’s iconic cooling towers alongside the main […]

Demetrio Carceller Arce, the chairman and owner of Estrella Damm, is seeking to bring an authentic taste of Spain to British drinkers as the family business invests nearly €100 million in a new Bedford brewery. At 63, Carceller Arce oversees an empire valued at more than €2 billion, spanning brewing, food, oil and property. Branding […]

Small businesses throughout the United Kingdom face a sharp rise in electricity standing charges as the costs of energy network upgrades and government discounts for heavy industry are shifted onto their shoulders. Hospitality operators, including pubs and restaurants, have voiced outrage at the near doubling of fixed daily fees which are set to take effect […]

Britain faces a sharp rise in people moving onto long-term sickness benefits, with five thousand claimants joining the system every working day. Recent analysis indicates incapacity claims have doubled since the Labour government took power. The uptick comes as ministers intensify discussions around the future of welfare amid growing concerns over rising costs. This year […]

Offshore wind farm developers in the UK could soon be obliged to strike pay agreements with trade unions to remain eligible for net zero subsidies, according to draft proposals now under discussion by Energy Secretary Ed Miliband. The suggested reforms form part of a wider initiative intended to strengthen workplace rights in the burgeoning green […]

Gabriel Zucman, the Paris School of Economics professor famously dubbed the “billionaire’s nightmare”, has ignited fierce debate across France and beyond with his audacious proposal for a new wealth tax. His plan would see individuals with a net worth exceeding €100 million subjected to a 2 percent annual levy—a policy aimed at recalibrating economic power […]

Morrisons is set to introduce a real-time tracking app to monitor the efficiency of store staff in an urgent attempt to revitalise its market position. The supermarket, under the leadership of chief executive Rami Baitiéh, plans to supply hundreds of store managers with a tool that measures how swiftly employees are stacking shelves and highlights […]

The UK’s leading companies are facing heightened cyber risks as officials at the National Cyber Security Centre (NCSC) have issued new warnings regarding vulnerabilities in widely used Cisco firewall devices. Concerns have been raised over Chinese state-sponsored hackers potentially targeting corporate networks, escalating fears across Britain’s public and private sectors. According to the NCSC, phishing […]

Jamie Oliver, the renowned British chef and television personality, has reported another fall in profits at his principal company, Jamie Oliver Holdings, despite a rise in annual revenues. Financial figures for 2024 reveal that revenues climbed 5 per cent to £28.6 million, up from £27.1 million the previous year. This marks Oliver’s highest revenue since […]

Hargreaves Lansdown, the Bristol-based wealth manager, has distributed £119 million in dividends to its new private equity owners in the six months following its high-profile delisting from the London Stock Exchange. The company, which oversees a record-breaking £172.7 billion of client assets, was acquired in a £5.4 billion deal earlier this year by a consortium […]

The Prime Minister recently convened with Sir Pascal Soriot, the chief executive of AstraZeneca, at Downing Street to discuss the government’s efforts to bolster UK capital markets. This meeting came days before the FTSE 100 pharmaceutical giant unveiled plans for a direct listing on the New York Stock Exchange, marking a significant shift towards the […]

London’s capital markets are showing long-awaited signs of revitalisation, with two significant flotations indicating renewed confidence and activity after a period of stagnation. The Italian-owned Princes Group, renowned for its tinned tuna and Napolina pasta products, has officially confirmed plans to float on the main market of the London Stock Exchange, targeting a valuation near […]

The latest assessment from the Office for Budget Responsibility (OBR) has thrust Chancellor Rachel Reeves and the Labour government into an unenviable fiscal position. With the OBR downgrading its forecasts due to a decade of slow productivity growth, Reeves finds herself confronting a significant budget deficit and an eye-watering funding gap some economists estimate to […]

At a dazzling ceremony this past summer, Saudi esports giants Team Falcons were handed the Esports World Cup trophy by Crown Prince Mohammed bin Salman in Riyadh. The event, which attracted an astonishing three million visitors to the Saudi capital, underscores the Kingdom’s ambitions to position itself as the epicentre of the global gaming industry. […]

Brewdog has sold the £8.8 million Kinrara Estate, a Scottish forest the company acquired only five years ago, marking a pivotal shift in its financial and environmental ambitions. The Aberdeen-based brewery originally purchased the former grouse moor in 2020, touting plans to create the largest forest in Scotland and significantly bolster its net zero credentials. […]

Industrial tensions have erupted at Frasers Group as the retailer’s chairman, Sir Jonathan Thompson, issued a stern warning to union bosses in the wake of an escalating dispute over warehouse staff pay. The group, owned by Mike Ashley, faces potential strike action after Unite, the trade union, pushed for wages to meet the real living […]

Princes Group, best known for brands such as Branston baked beans and Napolina olive oil, has announced its intention to pursue a £1.5bn listing on the London Stock Exchange. The move is poised to provide a much-needed lift to the Capital’s subdued initial public offering market, which has struggled in recent years. The food giant, […]

Britain’s hospitality sector faces renewed inflationary pressures as JD Wetherspoons chairman Sir Tim Martin issued a stark warning to the Chancellor regarding proposals for further business tax rises. Sir Tim contended that recent increases in employer taxes and environmental levies would unavoidably stoke costs, warning these changes are now “umbilically linked” to persistent inflation across […]

Britain is making rapid strides towards a cashless society, with the use of coins and banknotes reaching a historic low last year. According to new data from UK Finance, just nine per cent of all payments in 2024 were made using physical cash. This marks a notable decline from twelve per cent in 2023 and […]

The spotlight is set to fall on Chancellor Rachel Reeves as she delivers the autumn budget on 26 November 2025, a pivotal moment for fiscal policy in the United Kingdom. The government faces formidable challenges, with public borrowing reaching £18 billion in August, the highest in five years, and a deficit outstripping expectations by £11.4 […]

Confidence in London’s stock market received a welcome boost with news that Shawbrook, the specialist lender based in Essex, is close to announcing a long-awaited initial public offering. With a potential valuation of up to £2 billion, the listing on the London Stock Exchange would mark the end of years of speculation about Shawbrook’s future […]

The British government could raise up to £45 billion through moderate tax reforms without breaching Labour’s manifesto promises, according to a new analysis by investment bank Morgan Stanley. With Chancellor Rachel Reeves set to deliver her budget on 26 November, economists believe this fiscal boost would help close the UK’s budget hole without fuelling inflation […]

Fermi, a new data centre real estate investment trust founded by Rick Perry, former US energy secretary, made an impressive mid-week debut on Nasdaq, yet London investors responded with hesitation. Shares opened in New York at $25, above the initial $21 guidance, closing at $32.53, marking a 55 per cent surge and securing $682.5 million […]

Creditors seeking to take control of Thames Water have tabled a final rescue plan to regulators, proposing a £4 billion debt write off in exchange for more achievable environmental targets. The proposal arrives as the crisis gripping Britain’s largest private water utility stretches into its eighteenth month, following the withdrawal of its previous shareholders who […]

OpenAI has eclipsed Elon Musk’s SpaceX to become the most valuable start up in the world, according to a recent deal that now values the artificial intelligence pioneer at five hundred billion dollars. This milestone follows a significant secondary share sale that allowed current and former OpenAI workers to sell around six point six billion […]

Tesla has exceeded analysts’ expectations for third-quarter sales, capitalising on a rush of electric vehicle (EV) purchases in the United States prior to the withdrawal of a popular tax break. The company reported deliveries of 497099 vehicles for the July to September period, marking a 74 percent increase year on year and significantly surpassing analyst […]

Ken Murphy, chief executive of Tesco, has delivered a direct appeal to Chancellor Rachel Reeves, urging her to refrain from further tax increases as concerns mount over the impact of the delayed autumn budget on the UK’s already beleaguered retail sector. Murphy stressed that retailers are still adjusting to significant additional operating costs from the […]

Journalists at The Mirror are preparing to take industrial action after linking an impending wave of redundancies to the publisher’s intensifying use of artificial intelligence. The National Union of Journalists (NUJ) has begun a ballot on strike action after Reach, the group behind The Mirror and Express, announced plans to axe 321 jobs, including 186 […]