Saudi Arabia has intensified its ambitions in the technology sector by investing more than $1bn (£744m) into Magic Leap, a Florida-based firm developing mixed reality headsets designed to compete with Apple’s Vision Pro and Meta’s Quest. The kingdom’s Public Investment Fund (PIF) has been a consistent backer, injecting a further $205m into Magic Leap in […]

The Chinese government’s latest announcement on rare earth export regulations has jolted Western business and policymakers, revealing a dramatic new stage in Beijing’s ongoing economic strategy. Through a quiet decree, China’s Ministry of Commerce has secured extensive control over the global distribution and use of critical materials—metals and minerals essential to industries ranging from car […]

The Financial Conduct Authority (FCA) is facing sharp scrutiny from the House of Lords over its proposed £11 billion compensation scheme for mis-sold motor finance. Senior FCA executives, including chief executive Nikhil Rathi, were grilled by peers on the scheme’s construction, clarity, and the extended time frame for eligible claims, with transactions dating back as […]

The battle over the future of Britain’s North Sea oil and gas industry has reignited as Equinor renews its push to develop the massive Rosebank oil field north-west of the Shetland Islands. The state-owned Norwegian energy giant has resubmitted its application to begin production on what is regarded as the UK’s largest untapped oil resource, […]

Britain is poised to record the highest inflation rate among major world economies this year, according to the International Monetary Fund’s latest annual economic outlook. The IMF’s report puts the average rate for UK consumer prices at 3.4 per cent for 2025, a notable rise from 2.5 per cent the previous year and significantly above […]

Plans have advanced for the UK’s largest solar farm to date, bringing together renewable energy ambitions and mounting local opposition. Energy Secretary Ed Miliband has given the green light to the Tillbridge Solar farm near Gainsborough, Lincolnshire, a project that will occupy the equivalent of 2,000 football pitches’ worth of prized agricultural land. This development, […]

The International Monetary Fund has issued a stark warning to investors and policymakers about mounting vulnerabilities in the global financial system. Its twice-yearly financial stability report highlights significant complacency in the markets despite elevated government debt, volatile asset valuations, and heightened trade tensions. According to the IMF, markets have recently priced in ambitious productivity gains […]

British living standards are on track to record the slowest improvement among G7 nations, according to the latest International Monetary Fund (IMF) forecast. In a significant setback for Sir Keir Starmer’s pledge to boost living conditions across the UK, the IMF’s analysis suggests real per capita growth will reach a modest 0.5 percent in 2026. […]

Oura, the Finnish-founded maker of health tracking smart rings, has achieved a remarkable new valuation of $11 billion following its latest investment round. The company successfully raised $900 million, with Fidelity at the helm of the fundraising. Other contributors included Iconiq, Whale Rock and Atreides, reflecting widespread confidence in Oura’s plans for accelerated innovation and […]

EasyJet has emerged as a focus of intense merger speculation after its low market valuation drew the attention of potential bidders, sparking fresh interest across the aviation and investment sectors. Reports surfaced suggesting that Mediterranean Shipping Company MSC, the world’s largest shipping container operator, had instructed an investment fund to weigh a possible takeover bid. […]

AstraZeneca, the United Kingdom’s most valuable publicly listed company, has secured the backing of leading shareholder advisory groups for its proposal to achieve a direct listing on the New York Stock Exchange. The move is billed as a strategic step to “harmonise” the company’s share listing structure across the London Stock Exchange, Stockholm, and New […]

The British government has secured the backing of over a dozen European nations in its drive to reform the European Convention on Human Rights (ECHR), aiming to address obstacles in the current framework which have impeded deportations related to asylum cases. Recent discussions in Copenhagen saw representatives from sixteen countries—including Austria, Belgium, Italy, Poland, France, […]

Greenpeace is poised to take the Crown Estate, which finances the royal household, to court, alleging that it is inflating the price of wind power by capitalising on its exclusive hold over the seabed around England and Wales. The campaigners accuse the estate of devising a system that has dramatically heightened profits for itself and, […]

Chancellor Rachel Reeves is facing mounting pressure to introduce a one-off wealth tax as she seeks to address a significant black hole in the government’s finances while upholding Labour’s manifesto pledges. With the freshly received forecast from the Office for Budget Responsibility indicating a £20 billion to £30 billion deficit, leading economists and the Institute […]

The online message board 4chan has stirred international controversy by refusing to pay a £20000 fine imposed by Ofcom under the United Kingdom’s new Online Safety Act. This marks the first penalty issued beneath the legislation, designed to tackle illegal content and protect young users from harm on digital platforms. Ofcom initially investigated 4chan in […]

Vodafone has suffered a significant network outage, disrupting services for hundreds of thousands of users across the United Kingdom. Mobile, broadband, and landline customers found themselves without signal after issues began around 2.50pm on Monday, with over 130000 complaints recorded by Downdetector, a platform monitoring network disruption. The company confirmed a major technical fault impacting […]

Allwyn, the operator of the UK’s National Lottery, has announced a landmark €16bn (£13.8bn) merger with its Greek subsidiary OPAP, marking a major step in reshaping the global gambling landscape. This ambitious deal will see Allwyn and OPAP merge their operations, creating the world’s second-largest listed gambling business. The move underscores the dynamic expansion strategy […]

The Dutch government has taken the highly unusual step of seizing control of a Chineseowned microchip manufacturer, Nexperia, to protect European semiconductor supplies. On Sunday, officials invoked emergency powers under the Goods Availability Act and took charge of Nexperia, which is owned by China’s Wingtech, citing threats to “European economic security”. Nexperia, whose global workforce […]

Bosses at Jefferies, the US investment bank valued at £8bn, are working tirelessly to shore up investor confidence following their entanglement in the £9bn bankruptcy of car parts maker First Brands Group. The collapse has sent tremors through Wall Street, raising alarm about mounting risks in the opaque £2.4 trillion private corporate debt market. Jefferies, […]

Hybrid Air Vehicles, the British developer behind the world’s largest aircraft, is in urgent talks to secure a £130 million investment after auditors warned that its reserves could run dry within weeks. The company’s Airlander 10 – a unique hybrid of aircraft and airship technology – has been hailed as a breakthrough in sustainable aviation, […]

Ford chief executive Jim Farley was left astounded following a recent tour of Chinese factories where technical innovation is at the heart of modern car production. Chinese vehicle manufacturing now incorporates advanced elements such as self-driving software and facial recognition, surpassing Western counterparts on both cost and quality. Concerns are rising amongst Western industry leaders […]

Mission Mars, the fast-growing hospitality group behind Rudy’s pizzerias and Albert’s Schloss beer halls, is considering a sale of its business that could exceed £100 million. The Manchester-based company has enlisted advisers from Houlihan Lokey to explore potential buyers for the entire group or for individual assets such as the highly popular Neapolitan pizza chain […]

Persistent valuation discounts on the London markets are pushing an increasing number of UK listed companies towards the United States, specifically to cross trade on the less familiar ‘pink sheet’ exchange. More than three quarters of the FTSE 100, along with much of the FTSE 250, are now trading on OTC Markets – an American […]

William Hill’s new owner, Evoke, is preparing to shut as many as 200 betting shops in a sweeping cost-cutting effort to secure its financial standing in the face of mounting losses, ballooning debt and anticipated tax increases. The move could put up to 1,500 jobs at risk, representing up to 15 per cent of William […]

Al Jazeera stands at the centre of controversy as coverage of the Israel Hamas conflict continues to shape public opinion two years after the October 7 attacks. The Qatari state funded broadcaster has drawn fierce criticism for its editorial stance which many see as partisanship. On the second anniversary of the attacks Al Jazeera’s English […]

A London listed oil explorer once heralded for its global ambitions faces the threat of default after years of mounting debt. Tullow Oil, once a stalwart of the FTSE 100 and famed for its discoveries from Africa to South America, now finds itself under severe financial pressure with a major bond repayment looming. Credit experts […]

Rachel Reeves, the Chancellor, is set to call upon wealthier individuals to contribute more in taxes as she faces a significant financial shortfall in the public finances. According to Treasury sources, the Government will not look to reduce spending on public services or drastically increase borrowing. Instead, Reeves aims to fill a £20–30 billion gap […]

Across southern Minnesota, soyabean farmers like Matt Purfeerst have just completed their harvest. The family farm’s grain bins brim with around 100,000 bushels, each capable of earning roughly 10 dollars. This year, though, there is deep uncertainty about what comes next. The Chinese market, once the most significant overseas buyer in value and volume for […]

Executives at BMW are seeking a meeting with Chancellor Rachel Reeves amid mounting controversy over the car loan mis selling scandal and the sweeping compensation programme proposed by the Financial Conduct Authority FCA. The carmaker faces a potential hit of more than £200 million from the mis selling affair and is keen to discuss the […]

The UK government is pressing ahead with proposals to raise the so-called sugar tax on soft drinks, a move that puts tens of millions of pounds of planned investment by the maker of Ribena and Lucozade in jeopardy. Suntory, the Japanese drinks giant behind these brands, has issued a stark warning that increasing the Soft […]

The economic battleground is heating up between the Conservatives and Reform UK as the next general election draws nearer. Kemi Badenoch, leader of the Tory party, laid out ambitious plans at the recent party conference, aiming to re-energise her party’s economic platform and take back the initiative from Reform UK, which has gained considerable momentum […]

Bosses at Jefferies, the US investment bank valued at £8bn, are working tirelessly to shore up investor confidence following their entanglement in the £9bn bankruptcy of car parts maker First Brands Group. The collapse has sent tremors through Wall Street, raising alarm about mounting risks in the opaque £2.4 trillion private corporate debt market. Jefferies, […]

US President Donald Trump has attempted to calm rising trade tensions with China after President Xi Jinping imposed sweeping export controls on rare earths and critical minerals. Making a statement on his social media platform, Trump characterised Xi’s move as a simple lapse in judgement, rather than a genuine threat, insisting that both leaders wished […]

Shortly before midnight on a recent Friday, an alarming incident in Chelmsford, Essex, signalled the growing threat to the UK’s expanding electric vehicle (EV) infrastructure. A man, hooded and dressed in shorts, emerged from woodland beside a local pub, equipped with garden shears. He systematically severed the charging cables from four electric car stations before […]

AstraZeneca has announced a major shift in its transatlantic pricing strategy, pledging to sharply reduce the cost of its medicines in the United States following mounting political pressure. The pharmaceutical giant’s move comes as it simultaneously seeks higher prices from the UK’s National Health Service, arguing that America has long shouldered an unfair share of […]

The global financial landscape was thrown into chaos following Donald Trumps threat to impose a fresh round of 100 percent tariffs on Chinese imports. The announcement has triggered one of the biggest crashes in cryptocurrency history, shaking investor confidence and sending shockwaves across financial markets worldwide. Digital asset values plummeted by approximately £300 billion in […]

Sam Altman, chief executive of OpenAI, stands at the vanguard of a technological upheaval poised to reshape our digital existence. Over the past month, Altman’s aggressive deal-making has seen the company sign chip and data centre contracts worth over $500 billion with titans such as Oracle, Nvidia, and AMD, reinforcing OpenAI’s infrastructure with unmatched financial […]

Ministers are weighing up significant changes to inheritance tax relief for farmers as next month’s budget approaches, following sustained criticism of chancellor Rachel Reeves’ controversial proposals unveiled last year. Farmers and rural leaders have raised urgent concerns that the new policy, which would impose a 20 per cent inheritance tax on agricultural estates valued over […]

One of the United Kingdom’s largest pension schemes, the Local Government Pension Scheme (LGPS), has allocated £16bn of members’ savings into so-called “shadow bank” loans, sparking growing concerns about the stability of the private credit market. The LGPS oversees the retirement funds of six million local council employees, and official figures indicate a substantial exposure […]

Weight loss injections have rapidly transformed the British approach to tackling obesity, with an extraordinary surge in private usage. Latest data suggests that 2.5 million adults in the UK—one in every twenty—are utilising prescription jabs such as Mounjaro and Wegovy, an exponential increase from the previous year. As a result, private sales now make up […]

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 […]