Dominic Mansour chief executive of Buzz Bingo has raised serious concerns about potential closures across the company’s 79 bingo halls should the government proceed with new tax increases on the gambling sector. The warning comes amid heightened calls for higher taxes on online gambling and gaming machines as the Chancellor prepares the Autumn budget announcement […]

British broadcasting is facing a seismic shift as Sky makes a surprise swoop for ITV’s television channels and the ITVX streaming service. The £1.6 billion proposal has sent ripples through the industry and ignited debate on the future landscape of UK media. Decades ago, exhilarating TV dramatics like those depicted in the adaptation of Jilly […]

Britain’s principal food wholesalers have issued a stark warning of potential legal action should Chancellor Rachel Reeves press ahead with plans to grant business rates exemptions to large supermarkets. The Federation of Wholesale Distributors is actively seeking legal counsel amid reports that the upcoming budget could spare major retailers from the steepest tier of business […]

The BBC is set to issue a public apology for the misleading editing of a Donald Trump speech featured in its Panorama documentary, amid mounting scrutiny over alleged editorial bias and calls for the corporation’s leadership to step down. Samir Shah, the BBC’s chairman, is preparing to write to the culture media and sport committee […]

British companies are bracing for sweeping changes at Companies House as mandatory identity verification for directors and significant controllers comes into force. From 18 November, all company directors and persons with significant control must formally verify their identity or risk severe penalties, including substantial fines and potential imprisonment, under the Economic Crime and Corporate Transparency […]

Electric vertical take-off and landing technology, also known as eVtol, is advancing swiftly, with companies such as Archer Aviation and Xpeng spearheading pilot projects that aim to introduce urban air taxis. As urban centres globally experiment with advanced air mobility, the prospect of air taxi services that promise to alleviate traffic congestion is becoming increasingly […]

In a recent discussion on Share Talk, Zak Mir conversed with Clem Chambers, CEO of aNewFN.com, revealing nuanced perspectives on current market trends, emerging technologies, and their implications for investors. Chambres, known for his candid scepticism and dry wit, illuminated the ongoing liquidity challenges plaguing financial markets. Liquidity Dynamics and Their Implications for Investment: Insights […]

The European Union’s pioneering Artificial Intelligence Act, which came into force in August 2024, is facing potential delays to key provisions amid substantial lobbying from major technology firms and pressure from the administration of Donald Trump. Although the landmark legislation established the EU as the first global bloc to regulate artificial intelligence, most of its […]

Rachel Reeves, Chancellor of the Exchequer, is expected to introduce a significant new cap on pension tax relief as part of the upcoming budget. This move will see the government limit the national insurance savings available through salary sacrifice pension schemes for both employees and employers, a change forecast to raise up to £2 billion […]

Europa Metals Ltd (AIM:EUZ, JSE:EUZ) chairman and acting CEO Myles Campion has outlined how the company’s planned reverse takeover (RTO) of Marula Africa could reshape the business and deliver near-term revenue. The transaction would provide Europa with a diversified portfolio of producing and near-producing critical mineral assets across Africa, spanning copper, lithium, tantalum and manganese. […]

Scotland’s lucrative salmon industry finds itself at the centre of mounting controversy after leading producer Mowi lost its Royal Warrant following three and a half decades of royal endorsement. The decision comes on the heels of damaging undercover footage showing staff from the Norwegian multinational beating fish to death – a practice Mowi refers to […]

The British television landscape is poised for a major shake-up as ITV prepares for its annual Palooza event at the Barbican Centre, celebrating its seventieth anniversary amidst swirling rumours of a sale. Dame Carolyn McCall, ITV’s chief executive, is engaged in advanced talks to split up the broadcaster in a move that could see its […]

Gilead’s TROP-2 drug Trodelvy misses its primary endpoint in a key phase 3 breast cancer trial, though early signs suggest possible survival benefits.

ITV has entered preliminary discussions to sell its television broadcasting business to Sky in a deal worth an estimated £1.6 billion, marking a potential seismic shift in the UK media landscape. The possible agreement, which would see ITV’s traditional broadcast channels and streaming platform ITVX move to Sky’s US parent company Comcast, excludes ITV Studios, […]

The Dutch government is poised to surrender its control over microchip manufacturer Nexperia, potentially resolving a sweeping parts shortage that has threatened automotive production across Europe and Asia. Sources familiar with ongoing negotiations reveal that Dutch authorities may reverse their earlier decision to seize the China-owned, Nijmegen-headquartered firm within days, signalling a breakthrough in tense […]

Plans for a major high voltage cable factory in Scotland have been halted following the UK government’s rejection of the ambitious Xlinks undersea energy project. XLCC, the company behind the proposed plant at the Port of Hunterston in North Ayrshire, has announced a strategic reset, including cost cutting and staff reductions, as the outlook for […]

Questions are mounting around Sir Keir Starmer and his ministers as accusations intensify that Labour misled Parliament regarding the actual cost of the Chagos Islands agreement with Mauritius. In February, Sir Keir assured MPs that cost estimates between £9 billion and £18 billion were grossly exaggerated, implying a substantially lower sum. Yet, recent revelations suggest […]

The UK oil and gas sector is set to introduce a new industry-wide weight restriction that could leave thousands of offshore workers facing dismissal unless they slim down. From November 2025, guidelines backed by Offshore Energies UK (OEUK) will require all offshore staff to weigh less than 124kg, or 19.5 stone, to remain eligible for […]

Allegations of political bias have erupted at the BBC following revelations that an episode of Panorama selectively edited a speech by Donald Trump. The controversy centres on the documentary’s portrayal of the former US President’s speech on 6 January 2021, when a section urging his supporters to act peacefully was omitted, casting Trump in a […]

Flooded coalmines across the UK could soon find a new lease of life as sources of low carbon geothermal heat, offering a bold answer to both energy costs and carbon reduction targets. According to a recent report, approximately a quarter of British homes sit above abandoned and inundated mineworkings, where mine water geothermal heat (MWGH) […]

The Bank of England’s Monetary Policy Committee has left interest rates unchanged at 4 per cent for a second consecutive meeting, with a narrow five to four vote reflecting the finely balanced economic outlook. This decision comes as policymakers observe a clear signal that inflation in the UK has peaked, giving rise to speculation about […]

Diageo, the global spirits giant behind Guinness and Johnnie Walker, has revised down its full-year sales forecast, despite reporting a better than anticipated first-quarter performance. The company now expects organic net sales growth to remain flat or decline slightly this year, a shift from the prior target of matching last year’s level. The forecast for […]

BT has revealed a sharp acceleration in broadband customer losses, with its Openreach wholesale network shedding 242000 lines in the second quarter. This figure marks a rise from 169000 losses in the preceding quarter, a trend attributed largely to a downturn in housebuilding activity across the UK. Allison Kirkby, BT Group chief executive, noted that […]

AstraZeneca has recorded its highest quarterly revenue to date, achieving a ten per cent increase and surpassing analyst expectations. The FTSE 100 pharmaceutical group announced total third quarter revenue had reached $15.2 billion, ahead of forecasts of $14.8 billion, while maintaining its full year outlook. Each of the company’s main therapy areas and geographical regions […]

British Airways’ parent company, International Airlines Group (IAG), has announced a partnership with Elon Musk’s Starlink to deliver complimentary high-speed wifi on its flights. The deal, which positions IAG as a leader in onboard connectivity, is set to take effect in the coming year. The new service will be rolled out initially across British Airways […]

Switzerland is considering a controversial cap on its population at ten million, a move driven by anxieties over immigration’s impact on infrastructure, housing and public services. As the nation’s primary right wing populist force, the Swiss People’s Party SVP, campaigns for a referendum under the banner of No 10 Million Switzerland, the debate is intensifying […]

The Treasury is weighing up introducing a 3p per mile charge for drivers of electric vehicles, a move that has raised alarm across the motoring industry and among consumer groups. The proposal, driven by a need to offset declining fuel duty revenues, comes at a critical juncture in the UK’s transition to cleaner transport options. […]

The Bank of England has opted to hold the base interest rate at 4 per cent, following a tight vote from the Monetary Policy Committee where the decision passed by a narrow five to four margin. This move came against expectations from some City analysts who had anticipated a rate cut to stem the economic […]

The American vehicle repossession industry stands on the brink of historic activity, with car seizures reaching their highest level in 14 years. According to Recovery Database Network data, 2.7 million vehicles were repossessed in 2024, and projections suggest the number could approach three million by year end—nearly matching the recessionary peak of 2009. This sharp […]

Britain’s largest oil producer, Harbour Energy, is preparing to halve its investment in the North Sea amid fierce criticism of Labour’s so called punitive windfall tax. Executives confirmed plans to invest only £350 million in the UK sector next year, a significant drop from the £750 million committed in 2024. This sharp reduction coincides with […]

Embattled accountancy giant BDO has been struck with a £6.5 million fine by the Financial Reporting Council, following the exposure of fraudulent behaviour by one of its former senior managers. Amanda Nightingale, who served as a senior manager at BDO between 2015 and 2019, was found to have forged electronic signatures and fabricated audit evidence […]

OpenAI, the company behind ChatGPT, has signalled that government support may be required to underpin its plans for colossal spending on artificial intelligence infrastructure. Amid a global surge in AI investment, concerns are mounting about whether the current boom, largely fuelled by debt, could expose wider economic vulnerabilities. Sarah Friar, Chief Financial Officer at OpenAI, […]

Brighton Pier, the iconic seaside attraction that has been welcoming visitors since 1899, has been put up for sale by its current owners. The move comes as Brighton Pier Group, chaired by seasoned entrepreneur Luke Johnson, grapples with mounting financial pressures driven by recent government policies. The Group, formerly listed on the stock market before […]

A company closely tied to former Conservative peer Michelle Mone is facing scrutiny following revelations of massive debts and allegations of supplying unusable personal protective equipment during the pandemic. PPE Medpro, overseen by Mone’s husband, Isle of Man-based businessman Doug Barrowman, entered administration on 30 September just prior to a high court judgement determining it […]

One in four new cars sold in October were fully electric battery vehicles, latest figures confirm, highlighting a decisive shift in motoring trends. Electric car sales recorded a 23 per cent year on year rise last month to reach 36800 units—accounting for 254 per cent of the market. By contrast, total vehicle registrations edged up […]

British government borrowing costs have fallen noticeably, while sterling weakened, as Chancellor Rachel Reeves unveiled a steadfast commitment to fiscal stability ahead of the upcoming budget. Investors flocked to gilts following Reeves’s pre-budget address, where she reaffirmed her “iron clad” promise to adhere to strict fiscal rules and assist efforts to curb inflation and interest […]

Pinkfong, the South Korean animation studio behind the viral sensation Baby Shark, has made its debut on the Kosdaq market, aiming to transform a single hit into an expansive international media enterprise. The company priced its initial public offering at the top of its anticipated range, selling two million shares at 38000 won each. This […]

The long-standing tensions between Ben and Jerry’s and its owners have escalated this week, as the co-founder of the iconic ice cream brand accused its parent company of orchestrating a “power grab.” The row comes after the Magnum Ice Cream Company, soon to be floated as a standalone business, declared that Ben & Jerry’s chairwoman […]

Danish pharmaceutical giant Novo Nordisk has revised its profit forecasts downwards for the fourth time this year as competition in the slimming and diabetes treatments market continues to grow. The company, famous for its weight loss and diabetes treatments Wegovy and Ozempic, now expects full year operating profit to rise between 4 and 7 percent, […]

Jensen Huang, the influential founder and chief executive of Nvidia, has moved to quell growing unease over soaring valuations within the technology sector amid mounting warnings of potential asset bubbles in global equity markets. Speaking to The Times during a high-profile visit to London, where he was awarded the Queen Elizabeth Prize for Engineering by […]

Marks and Spencer has reported a dramatic 99 per cent fall in pre-tax profit for the first half of its financial year, as the high street stalwart continues to wrestle with the aftermath of a cyberattack that crippled its operations over the Easter weekend. The FTSE 100 retailer revealed that its clothing and home division […]

The UK is facing mounting pressure from the United States to reform its drug pricing policies, with the US ambassador, Warren Stephens, delivering a stark ultimatum to government officials and business leaders. Speaking at the prestigious BritishAmerican Business gala lunch held at the Savoy Hotel in London, Stephens cautioned that unless reforms to drug prices […]

The remains of three dinosaurs sold at auction for £12.4 million have been seized under proceeds of crime law, casting a spotlight on the intersection of ultra-wealth and international investigations. The skeletons—an adult allosaurus, a juvenile allosaurus, and a stegosaurus—were acquired at Christie’s in London by Singapore-based businessman Su Binghai, who is linked to a […]

Norway has decided to freeze its ethical investing framework for its colossal $2.1 trillion (£1.6 trillion) sovereign wealth fund, allowing it to retain investments in technology giants with close ties to the Israeli government. The move comes after the fund’s ethics council considered a wider review that could have forced divestment from major players such […]

Upmarket tile company Fired Earth has shuttered all its UK high street stores and entered administration, resulting in the loss of 133 jobs. Launched over four decades ago and known for its terracotta floor tiles and sourcing from specialist makers, the retailer catered to affluent customers seeking distinct kitchen and bathroom finishes. Its London showrooms […]

King Charles III has revoked the Royal Warrant of Mowi, the Norwegian aquaculture giant and long-standing Scottish salmon supplier, following allegations of serious animal welfare breaches. The decisive move comes in the wake of undercover footage showing staff at a Mowi fish farm on the Isle of Skye beating salmon and leaving them to suffocate […]

Electric vehicle owners across the United Kingdom are set to encounter a significant shift in motoring costs, as the government prepares to unveil a new pay-per-mile tax in the forthcoming Autumn Budget. Chancellor Rachel Reeves is expected to outline the measure on 26 November, with plans for it to come into effect from 2028 following […]

The Chancellor has openly hinted at an incoming increase to income tax, signalling a decisive shift in the government’s approach to tackling the UK’s fiscal deficit. Following her speech at Downing Street, speculation is mounting that Labour may break its manifesto pledge and raise the basic rate of income tax, potentially affecting millions of employees […]

The Norway Government Pension Fund Global, the world’s largest sovereign wealth fund, has announced its opposition to Tesla’s proposed remuneration package for chief executive Elon Musk, a deal that could ultimately grant him shares worth up to one trillion dollars. This decision signals growing concern among major institutional investors regarding executive compensation and governance at […]

HM Revenue & Customs and liquidators are pursuing businesses behind twenty one films that sought almost £16 million in UK creative industry incentives, as questions mount over the use of taxpayer funding through the British Film Institute (BFI) film tax relief scheme. Among those under investigation is Alan Latham, a prolific film producer and accountant, […]

Tesco shares have defied the broader gloom surrounding the UK economy this year, notching up a gain of 21 percent and outpacing the FTSE 100 by five points. This comes alongside a 4.3 percent rise in like for like sales during the first half of the current financial year. Tesco’s robust interim results even prompted […]

More than 200 chief executives from the world of British biotechnology have united in a passionate appeal to the Chancellor, warning that proposed increases in taxes or business rates for innovative life sciences companies would risk the sector’s future. The industry, vital to the government’s industrial strategy, remains mired in a severe funding drought, with […]

In a move closely watched by the City, Associated British Foods ABF has signalled the start of a long anticipated review into spinning off its jewel in the crown Primark. Top brass at the multinational food and retail conglomerate are now considering whether to separate its fast fashion behemoth from a portfolio that includes household […]

Michael Burry, the renowned hedge fund manager who rose to fame during the global financial crisis after successfully betting against the United States housing market, is now wagering £1.1bn against two of the most prominent artificial intelligence related firms. Burry, 54, and the inspiration for Christian Bale’s character in ‘The Big Short’, has disclosed substantial […]

The chief executive of BP has asserted his confidence in delivering a long-awaited turnaround for the energy giant, even if oil prices decline further. After a year marked by a strategic shift back towards fossil fuel production, BP has managed to outperform analyst expectations despite challenging market conditions. The FTSE 100 company achieved adjusted profits […]

Every young person who leaves the workforce due to long term illness costs the country £1 million over their lifetime, according to a new review. The findings, published today by Sir Charlie Mayfield, highlight an alarming trend in which a rising number of young Britons are dropping out of employment, with mental health issues being […]

The battle for the soul of New York City is set to reach new heights as Zohran Mamdani, aged 34, takes office as the 111th mayor. His arrival signals a striking contrast in the city’s political leadership. Born in Queens, Mamdani has positioned himself as a stalwart of socialist ideals. His public pledge to freeze […]

The Bank of England faces mounting pressure to postpone cutting interest rates this month, as uncertainty hangs over Chancellor Rachel Reeves’s forthcoming budget. The Times shadow monetary policy committee has voted by a narrow margin of five to four to keep the cost of borrowing steady at 4 per cent. The close outcome reflects deep […]

Rachel Reeves stands on the verge of a potentially historic Autumn Budget as the government comes under intense pressure to tackle the nation’s fiscal challenges. With November’s statement looming, Treasury insiders suggest tax rises targeting higher earners and property owners are firmly on the table, even if it means breaking key manifesto pledges. Labour’s general […]

For over a decade, successive UK governments have sidestepped the thorny issue of raising fuel duty. Despite regular expectations from the Office for Budget Responsibility that rates would increase in line with inflation, chancellors have opted for a freeze—leaving a growing hole in the nation’s finances with every passing year. When Chancellor Rachel Reeves opted […]

Britain is at a crossroads as government ambitions to reach net zero spark concerns among agricultural experts and Members of Parliament. A cross-party committee report warns that plans to construct vast solar farms could strip a quarter of the nation’s farmland from production, potentially slashing food output by as much as a third in the […]

Dynex Semiconductor, a cornerstone of the British microchip sector based in Lincoln, has ceased production of its high-voltage semiconductors. Company filings reveal this strategic manoeuvre, which deepens Chinese influence over the UK’s vital electronics industry, follows mounting pressure from Beijing to concentrate the world’s supply of high-tech components within its own borders. Owned by the […]

O2’s surprise announcement of a steep monthly price hike has ignited calls for regulatory action, prompting the UK Government to push for greater protections for consumers. Technology Secretary Liz Kendall has formally asked Ofcom to swiftly review the ease with which mobile customers can switch providers, following news of the £2.50-a-month increase from April, equal […]

Kenvue, the American pharmaceutical firm behind the well-known paracetamol brand Tylenol, has been acquired for $49 billion (£37 billion) by consumer goods conglomerate Kimberly-Clark. The deal follows a tumultuous period for Kenvue after a series of claims by Donald Trump alleged a link between Tylenol use during pregnancy and increased autism risk, which resulted in […]

Once the pride of Britain’s financial sector, City of London fund managers are facing a rapidly shifting investment landscape – but signs of a long-awaited resurgence are emerging. Communities of savers and pension funds once fuelled the booming London stock market, with speculation over new company listings a weekly occurrence. Today, however, UK asset managers […]

Nigel Farage, leader of Reform UK, has cast significant uncertainty over the future of the pensions triple lock, signalling a shift away from the party’s ambitious economic pledges from its previous manifesto. In a keynote speech at The Cornhill Banking Hall, Farage described some of Reform’s manifesto promises—particularly substantial tax cuts and spending increases—as no […]

The BBC is at the centre of controversy following revelations it allegedly misrepresented remarks made by former US President Donald Trump during a Panorama special broadcast just days before the 2024 US election. An internal memo, recently disclosed, claims the programme “completely misled” viewers by interweaving separate sections of a speech delivered by Trump on […]

HSBC has made headlines by announcing it will now lend homebuyers up to 6.5 times their annual income, marking one of the most generous mortgage deals currently available on the high street. The move signals a significant loosening of lending criteria and reflects a growing appetite among major banks to boost homeownership amidst challenging property […]

London’s restaurant sector is under renewed scrutiny as prominent establishments have begun adding significant “admin charges” to diners’ bills. These fees, unlike traditional service charges, do not benefit waiting staff and are instead retained by the business. Critics allege that this practice enables restaurants to bypass newly enacted legislation requiring tips to be distributed fairly […]

Electric vehicle (EV) owners across the UK are set to benefit from a dramatic price war among charging networks that has for the first time put running costs below those of petrol vehicles. With a combination of falling wholesale electricity prices, increased market competition, and tariff innovation, the balance is tipping decisively in favour of […]

Labour ministers are facing mounting fiscal challenges in the run-up to the highly-anticipated November budget, with Chancellor Rachel Reeves reportedly considering over one hundred separate tax and spending measures to address a £30 billion hole in the public finances. The burden of potential new tax rises is expected to fall on higher earners, as Labour […]

OpenAI, the creator of ChatGPT, has announced a landmark deal worth 38 billion pounds to utilise Amazon Web Services’ cloud infrastructure. The agreement underscores the escalating investments required to secure the vast computational power now demanded by artificial intelligence advancements. Under this major contract, OpenAI will use Amazon’s infrastructure, tapping into hundreds of thousands of […]

BP has agreed to divest minority stakes in key onshore oil and gas pipeline assets in the United States to investment firm Sixth Street. The deal, valued at £1.2 billion, forms a significant part of BP’s £16 billion divestment programme set to reduce the group’s debt burden. These pipeline assets operate in the Permian and […]

Kimberly-Clark, the household products giant behind brands such as Kleenex and Huggies, has announced an agreement to acquire Kenvue, the owner of Listerine and Tylenol, in a transaction valued at approximately 40 billion dollars. The deal, comprising both cash and shares, will bring together two of the largest names in consumer health and wellness, creating […]

Michael O’Leary, the outspoken chief executive of Ryanair, has launched a stinging critique of the Labour government’s economic strategy, warning that the UK is on the “wrong path” under Chancellor Rachel Reeves. Speaking at the release of Ryanair’s half-year financial results, O’Leary doubled down on his concerns, denouncing wealth taxes and planned increases to air […]

The artificial intelligence (AI) revolution has ignited an extraordinary investment surge, with global data centre spending projected to reach an astonishing $3 trillion by 2028. These vast warehouses, humming with servers, form the core infrastructure powering AI advancements like OpenAI’s ChatGPT and Google’s Veo 3. For now, optimism prevails across financial markets and in the […]

Canary Wharf is experiencing a revival, with office space availability dropping to its lowest point in seven years. Recent data from real estate analytics firm CoStar reveals that availability rates in the Wharf have fallen to just below ten per cent, a marked improvement from the twenty three per cent vacancy witnessed two years ago […]

Three of the City’s most prominent figures are plotting the launch of a so called blank cheque vehicle on the London stock market. The initiative is being led by JRJ Group, set up by Sir Jeremy Isaacs and Roger Nagioff, both former executives of Lehman Brothers. British American hedge fund billionaire Noam Gottesman and his […]

Households across the UK have sharply reduced their discretionary spending over the past year, reprioritising financial stability as the cost of living continues to rise. Figures from MoneySuperMarket’s latest household money index indicate that the typical gym-goer is now spending just £13.20 per month, down dramatically from £51 a year earlier. This shift in consumer […]

When David Zaslav orchestrated his £43 billion acquisition of Warner Bros, it was hailed as a masterstroke for the long-serving chief of Discovery. Transforming himself from custodian of lesser-known TV channels to head of a Hollywood powerhouse, the deal handed Zaslav access to iconic franchises such as Harry Potter and Batman, as well as the […]

Global markets heaved a sigh of relief as Presidents Trump and Xi reached a truce, dampening the US threat of 100 per cent tariffs and causing China to hit pause on its new restrictions for rare earth exports. Amid the celebrations, the assumption that this marks a return to the old globalised system would be […]

Morgan Stanley has emerged as the only bank to levy charges for its involvement in the privatisation of NatWest Group, formerly the Royal Bank of Scotland, while other leading investment banks opted to work pro bono. The Wall Street institution was among seven banks recruited to assist with the sale of taxpayer shares, originally acquired […]

Jaguar Land Rover (JLR), Britain’s largest carmaker, is bracing for significant disruption in December following a ban by Chinese authorities on exports of automotive computer chips. This move is set to worsen the already fragile state of JLR, which is still reeling from the fallout of a major cyberattack earlier this year. Tier two suppliers, […]

Zhang Xuezheng, the enigmatic billionaire entrepreneur behind China’s technology behemoth Wingtech, finds himself at the heart of an international row poised to disrupt Europe’s automotive sector. At age 50, Zhang—often referred to by his nickname Wing—perpetually treads a fine line with authorities both at home and abroad, his business dealings frequently attracting scrutiny and penalties, […]

The chief executive of Mulberry, Andrea Baldo, has sounded the alarm over what he describes as an “unfair” tax burden that is hampering Britain’s prospects, as the luxury sector contends with a pronounced decline in spending by affluent global visitors. Baldo has called on Labour to reconsider the so-called tourist tax, arguing that reintroducing VATfree […]

A sharp decline in the employment rate among participants of a government-backed work experience initiative has cast doubt on its efficacy and value for taxpayer money. The Sector-based Work Academy Programmes, known as Swaps, are designed to help over-16s receiving unemployment benefits secure jobs by offering six-week placements and a guaranteed job interview upon completion. […]

The Metropolitan Police has openly criticised Apple for what it describes as ongoing negligence in curbing the trade-in of stolen iPhones, as London faces a sharp uptick in mobile phone thefts. Apple’s policy allows customers to receive as much as £670 off a new iPhone by trading in their old handset. However, the Met claims […]

The United Kingdom’s national debt is swelling at a rate unmatched by any other advanced economy, according to new analysis by Oxford Economics. Over the last two decades, successive governments have fuelled a prolonged borrowing binge that threatens to tip the country into a damaging doom loop. The UK’s debt has nearly tripled since 2005, […]

Murray Auchincloss’s rise to the top of BP raised eyebrows from the outset. Promoted following Bernard Looney’s sudden departure, Auchincloss was seen by some as an understated numbers man – a far cry from the buccaneering charm of predecessors like Lord Browne. Critics were quick to note his role as finance chief during Looney’s era, […]

At the recent Future Investment Initiative in Riyadh, often dubbed ‘Davos in the Desert’, Saudi Arabia’s traditional reliance on oil was overshadowed by a new ambition: to become a global leader in artificial intelligence. Crown Prince Mohammed bin Salman, presiding over the event, placed the state-backed AI firm Humain centre stage, announcing partnerships with industry […]

Global reliance on coal is unlikely to decline substantially in the near future for several reasons. Coal remains one of the most affordable and widely available energy sources, especially vital for powering industries and providing electricity in developing countries. Significant investments in coal infrastructure have already been made, prompting countries like India and China to […]

The age of electric air taxis hovering above the congestion of London and whisking passengers from river pontoon to Heathrow is closer than ever. Joby Aviation, a frontrunner in the electric vertical takeoff and landing aviation sector, is steering its S4 prototype towards commercial deployment, with four key markets in sight: Dubai, the United States, […]

House prices in the United Kingdom climbed more than expected during October, offering fresh evidence of resilient demand against a backdrop of economic and political uncertainty. Nationwide’s latest house price index revealed average prices increased by 0.3 per cent over the month, following a 0.5 per cent rise in September. On an annual basis, prices […]

Wealthy Britons considering relocating to low tax jurisdictions may soon find themselves facing a significant financial sting as government plans emerge to introduce a so called settling up charge on those leaving the country. Chancellor Rachel Reeves is poised to introduce a departure levy of 20 per cent on business assets for individuals emigrating overseas […]

Claims from ministers regarding government support of Jaguar Land Rover (JLR) in the wake of a damaging cyber-attack have come under scrutiny, as the £1.5bn loan guarantee meant to bolster the carmaker and its suppliers remains inactive. Despite government announcements touting decisive intervention, neither JLR nor its suppliers have accessed any of the funds, heightening […]

Since the 2016 referendum, the City of London has wrestled with the repercussions of Brexit, witnessing its position among Europe’s financial capitals dented and its renowned productivity engine flagging. As Frankfurt, Madrid, Milan and Paris have flourished, London’s dominance has been eroded, with hundreds of financial firms moving key operations and over £1 trillion in […]

House price growth across the UK decelerated in October, as buyers adopted a cautious approach ahead of the upcoming budget and potential new property taxes. According to Nationwide, the average price of a home increased by a modest 0.3 percent month-on-month, with the figure rising to £272,226 from September’s £271,995. Annually, house price growth edged […]

The Delevingne sisters have found themselves at the heart of a branding controversy after the Comité Champagne, the official body representing champagne producers, accused them of unfairly capitalising on the reputation of champagne with their vegan prosecco venture, Della Vite. Cara, Poppy and Chloe Delevingne launched Della Vite in 2020. Their marketing campaign has featured […]

Nvidia has cemented its place in technology history, achieving a record breaking £5 trillion market valuation this week. The landmark comes as CEO Jensen Huang concluded a series of planned stock sales totalling over £1 billion, epitomising the chipmaker’s commanding presence at the centre of the artificial intelligence revolution. The final phase of Huang’s divestment […]

The Bank of England faces a decisive moment as members of the Monetary Policy Committee (MPC) prepare for a closely contested vote on whether to reduce interest rates next Thursday. This follows lower than expected inflation readings and fears that tax increases in the forthcoming budget could weigh heavily on economic growth. Recent market sentiment […]