Potential bidders for Costa Coffee have begun to fall away, with private equity firm KKR withdrawing its interest in acquiring the chain from CocaCola. The decision comes just days before indicative offers for the coffee business are due, raising questions about the appetite for a deal at the price CocaCola originally paid. KKR, listed in […]

Monzo has encountered mounting tension among its investors following the unexpected resignation of chief executive TS Anil last month. Shareholders at the digital bank expressed surprise over Anil’s swift exit, highlighting a perceived lack of transparency from the company’s leadership regarding the decision. Anil, who joined Monzo in 2020, has steered the London-based firm through […]

A surge in national insurance contributions imposed by Rachel Reeves in her first budget has roiled businesses across the United Kingdom, with employers facing significant challenges since the new measures came into effect in April. The increase saw employer national insurance rates climb from 13.8 to 15 per cent, coupled with a lowered payment threshold […]

Dame Susan Langley, recently inaugurated as the Lady Mayor of the City of London, is determined to redefine the public perception and impact of her post. Now only the third woman to have ever held the position, Langley brings to her role a wealth of experience from decades in the insurance sector, with senior roles […]

Britain’s largest pub company is preparing for a substantial sale, aiming to offload over 1,000 pubs as mounting debt threatens its future. Senior management at Stonegate Group, owner of the well-known Slug and Lettuce and Be At One chains, have commenced talks with advisors regarding options for nearly a quarter of the firm’s 4,300-strong estate. […]

WPP, Britain’s advertising heavyweight, is drawing significant takeover speculation following a difficult year that threatens its place in the FTSE 100. French rival Havas, led by the Bolloré family, is among those considering potential moves, with discussions reportedly taking place around the possibility of acquiring WPP or building a substantial stake. Private equity firms Apollo […]

In recent years, the City of London has established itself as the foremost international hub for trading the Chinese renminbi outside of China, reflecting the growing and complex financial relationship between Britain and Beijing. This relationship is rooted in a 2013 agreement between the then chancellor George Osborne and his Chinese counterpart Ma Kai, allowing […]

Michael Burry, the investor renowned for his successful wager against the United States housing bubble as depicted in The Big Short, has shifted his sights to artificial intelligence equities. Burry, who recently returned to public discourse, suggested that markets are once again exhibiting bubble-like behaviour. His latest moves have seen him establish significant positions against […]

The government is considering a significant shift in rail fare calculations that could reduce annual ticket price rises for millions of passengers in England. Sources indicate that Rachel Reeves is preparing to address the issue of surging rail prices in the upcoming Budget by revising how fare caps are set, a move aimed at easing […]

A timely adjustment by the Office for Budget Responsibility has provided Chancellor Rachel Reeves with a £1.7 billion reprieve to stabilise the public finances before the upcoming Budget. This move follows alteration of the period used to forecast bond market movements, a decision made amid mounting political scrutiny. Departing from its established process, the OBR […]

The Chancellor, Rachel Reeves, is poised to unveil a new property tax surcharge targeting middle class and affluent homeowners, as the government seeks to generate £25 billion to stabilise UK finances. An estimated £600 million is expected to be raised from this levy, which will focus on high value homes predominantly in London and the […]

Holidaymakers from the United Kingdom are increasingly neglecting to secure adequate travel insurance, especially when dealing with preexisting medical conditions, according to the fourth annual travel insurance and safety abroad report by AllClear Travel Insurance. The report revealed that 21 percent of British travellers forgo insurance altogether for foreign trips, while one in four do […]

Britain’s largest bus and coach companies have issued a warning that rural transport services could come under threat if the government decides to raise national insurance or fuel duty in the upcoming budget. Operators including Stagecoach, First, Go Ahead, National Express, Arriva, and Flixbus have written to the Chancellor, emphasising that recent increases in employer […]

John Lewis has launched its first gifting emporium as part of the retailer’s most ambitious store transformation in four years, under an £800 million turnaround strategy. The shop, located at the refurbished Bluewater store in Kent, required an investment of nearly £10 million. The employee-owned group is dedicating £32 million to update its stores this […]

Land Securities has revised its rental income outlook upward, attributing the change to robust performance across its office and retail holdings. The FTSE 100 property firm now expects like for like net rental income to rise between 4 and 5 percent in 2026, compared to its previous guidance of 3 to 4 percent. Its Epra […]

Ivan Arriagada, chief executive of the FTSE 100 copper giant Antofagasta, is staking significant ground on the future of copper as global industries pivot towards electrification. Meeting for lunch at Mareida, a Chilean restaurant in London with interiors echoing the mining sector, Arriagada exuded approachability, deftly moving between his Chilean roots and the international business […]

RedBird Capital Partners, a US private equity firm, has withdrawn its £500 million bid to acquire The Telegraph, leaving the 170 year old newspaper facing an extended period without a permanent proprietor. The decision marks a further escalation in the complex saga that has dominated the future of the publication since its seizure from the […]

Jaguar Land Rover, the largest car manufacturer in the United Kingdom, has revealed the scale of damage inflicted by a recent cyberattack, reporting substantial losses for the second quarter. The attack forced the shutdown of key computer systems and the suspension of production in September, with repercussions felt throughout the UK automotive sector. This disruption […]

The High Court in London has determined that BHP, the world’s largest mining group, bears responsibility for Brazil’s worst recorded environmental disaster. The collapse of the Fundao dam in Minas Gerais in 2015 resulted in 19 deaths and extensive pollution, triggering a collective action from more than 600,000 Brazilian villagers, businesses and local authorities. The […]

The Chancellor faces a gap of at least £20 billion in the upcoming November budget, demanding a strategy that is both effective and politically viable. Enhanced tax receipts have offered some breathing space, yet significant rises or new measures are essential to meet this fiscal challenge. Stealth tax measures look set to dominate the budget […]

Chancellor Rachel Reeves has opted to place a freeze on income tax thresholds at the core of the upcoming budget, abandoning plans for an increase in the basic income tax rate despite strong indications that such a policy was under consideration. This decision follows improved economic forecasts, but the move unsettled markets and contributed to […]

SSE has unveiled plans to invest £33 billion in the expansion of its electricity networks over the next five years, marking a significant strategic shift for the FTSE 100 energy company. The investment, which will run through to 2029–30, focuses on regulated electricity infrastructure, which will receive 80 per cent of the spending. This marks […]

Kim Kardashian’s Skims clothing brand has achieved a five billion dollar valuation after completing its latest funding round. The company, founded by Kardashian and Jens Grede in 2019, attracted 225 million dollars in new investment as it aims to scale operations and solidify its place as a global omnichannel retailer. Skims has announced expectations to […]

B&M European Value Retail has issued a warning over ongoing challenges facing British retailers, as the company reported a significant decline in profits. The discount chain disclosed that pre tax profits had dropped by 56 percent to seventy five million pounds in the six months to twenty seventh September. This sharp fall was attributed to […]

In a landmark development underscoring the global race for obesity treatments, US pharmaceutical giant Pfizer has secured a ten billion dollar takeover of Metsera. The deal follows an intense bidding war with Danish rival Novo Nordisk and highlights the pivotal role of British scientific research in the obesity drug revolution. The foundation for this blockbuster […]

Burberry has reported its first quarterly sales growth in two years, bolstered by a significant recovery in the Chinese market and renewed interest from younger consumers seeking authentic British luxury brands. The FTSE 100 label, regarded as the epitome of classic British fashion, announced a two per cent increase in comparable store sales for the […]

The UK economy expanded by just 0.1 per cent in the third quarter of 2025, according to the latest data released by the Office for National Statistics. This growth fell short of City economists’ forecasts of 0.2 per cent and is the weakest quarterly performance since late 2023. The downturn has been largely attributed to […]

United Utilities has announced a remarkable 131 per cent increase in interim profits, driven largely by a sharp rise in water bills across the northwest of England. The average annual bill in the region has increased by £112, resulting in customers now paying £598 per year compared to £486 previously. The utility company, which serves […]

A proposed clampdown on tax advantages attached to salary sacrifice schemes risks disincentivising pension saving in Britain and penalising responsible employers, according to Dame Amanda Blanc, chief executive of Aviva. Delivering her warning ahead of the upcoming budget, Blanc urged chancellor Rachel Reeves to reconsider plans to cap tax relief for salary sacrifice arrangements at […]

Ministers in Westminster have signalled a willingness to make financial contributions to the European Union if such payments deliver substantive advantages for British industry. Recent negotiations indicate that Brussels expects the United Kingdom to contribute billions to the EU budget as part of Sir Keir Starmer’s wider strategy to recalibrate relations with the bloc. On […]

Sir Keir Starmer and Rachel Reeves have abandoned plans that would have broken Labour’s manifesto pledge not to increase income tax rates in the forthcoming budget. Senior officials indicated that both the basic and higher rates of income tax will remain unchanged, following internal concerns that any deviation might provoke discontent among MPs and voters. […]

Official figures have revealed that millions in the United Kingdom are likely to remain on benefits indefinitely as the cost of worklessness escalates. Out of the eight million people claiming Universal Credit, a core jobless benefit, four million have no requirement to seek employment. This substantial number has climbed since the pandemic, driven by a […]

Household energy consumption in the United Kingdom has fallen to near historic lows as soaring bills compel families across the nation to cut back. According to data released by officials in Ed Miliband’s department, domestic energy use has declined by an average of 15 percent in the past year, signalling significant changes in how Britons […]

Rightmove, the UK’s leading online property portal, is facing a £1 billion legal action initiated by thousands of estate agents who allege the company imposes excessive fees for property listings. The claim, to be filed in the High Court, seeks the return of what agents contend are overpaid subscription charges. Jeremy Newman, a former panel […]

The BBC finds itself amidst a growing storm after new revelations that it broadcast doctored footage of a Donald Trump speech, contributing to allegations of systemic bias within its news operation. The Newsnight episode in question, aired in 2022, spliced together parts of a speech by the former US president, making it appear he was […]

Labour has decisively withdrawn proposals for a significant rise in income tax that would have breached its manifesto commitments. The change of direction was submitted to the Office for Budget Responsibility ahead of the November Budget, with the Treasury now considering alternative measures to adjust the income tax regime. Among the adjustments being assessed are […]

Jet2 is preparing to commence flights from London Gatwick in March 2025, marking a significant development for the UK’s largest package holiday provider and the country’s third largest airline by passenger numbers. The company has secured slots for six aircraft at Gatwick following the release of additional capacity at the airport, with five Airbus A321neo […]

The UK housing market is experiencing a distinct slowdown as uncertainty builds around the upcoming autumn budget. According to the Royal Institution of Chartered Surveyors, activity has stalled, with both buyer demand and the supply of new properties falling further into negative territory during October. Many survey participants cited fears of increased property-related taxation, pointing […]

The head of Fuller Smith and Turner has urged the Chancellor to introduce new measures to stimulate growth in the UK pub sector after robust bookings ahead of the festive period. Simon Emeny, executive chairman of the 336-venue group, criticised the current reliance on higher taxes, stating that the path to national prosperity lies in […]

The BBC is facing its most acute crisis in a decade just as it seeks to strengthen its commercial presence in the United States. In June, the broadcaster introduced a new subscription service for US audiences, charging $8.99 per month to access the bulk of its online news content. This move aimed to compensate for […]

The recent addition of uranium to the list of critical minerals essential to the United States economy signals a significant shift in energy policy. The Department of Energy now recognises uranium’s strategic value as nuclear power stands poised for a renaissance, with major initiatives underway to accelerate reactor deployment worldwide. A notable example includes an […]

Reports have surfaced of adverse cattle health incidents linked to the use of Bovaer, a methane-reducing feed additive promoted by major British retailers such as Tesco and Morrisons. Dozens of farmers, primarily in Denmark where Bovaer is being trialled extensively, have described problems including fever, stomach cramps, decreased milk production and, in some cases, death […]

Sir Sadiq Khan’s emergency proposals to tackle London’s persistent housing crisis remain under significant scrutiny as major developers express scepticism over their likely effectiveness. The Mayor has unveiled a new plan that aims to deliver 88,000 homes annually in the capital, including a £322 million funding boost and a reduction in the affordable housing requirement […]

Marks & Spencer has named Sean Doyle, chief executive of British Airways, as a non-executive director. The appointment is set to take effect next month and follows recent criticism by M&S chairman Archie Norman regarding declining standards at the airline. Mr Doyle’s recruitment to the M&S board comes in the wake of a significant cyber […]

Industrial relations at Britain’s flagship art institutions are under renewed pressure as staff at Tate galleries prepare to begin strike action coinciding with the opening of the highly anticipated Turner and Constable exhibition. Members of the Public and Commercial Services union have voted overwhelmingly to walk out from 26 November to 2 December, challenging management […]

Chancellor Rachel Reeves’s proposal to allow companies increased access to surpluses within defined benefit pension schemes has drawn severe criticism from representatives of pensioners affected by the infamous Robert Maxwell scandal. The Association of Mirror Pensioners warns that relaxing regulations on gold plated pensions may expose millions to significant risks, accusing the government of putting […]

The UK Government has opted to proceed with Rolls-Royce’s small modular reactors at Wylfa in Anglesey, declining a proposal from the American firm Westinghouse to construct a larger-scale nuclear facility at the same site. This decision, which has provoked a strong response from US officials, concludes several months of intense lobbying by competing nuclear companies […]

Rachel Reeves, the Chancellor, has signalled that her upcoming budget on 26 November may deliver sweeping tax increases, foreshadowing a pivotal moment for the government under mounting financial pressures. Her recent remarks have opened the door to abandoning Labour’s previous manifesto pledge to freeze income tax rates, pointing instead to a strategy braced for a […]

Investors have withdrawn an unprecedented volume of capital from stock funds amid speculation over impending tax increases and heightened concerns regarding possible overvaluation in the artificial intelligence sector. October saw a net outflow of £3.6 billion from stock funds globally, setting a record for that month, according to data from Calastone, a leading network servicing […]

Princes Group, the Liverpool-based food supplier best known for its tinned tuna and Crisp N Dry cooking oil, has reported a decline in revenue following what analysts observed was a subdued listing on the London Stock Exchange. The company, which floated last month, saw its share price fluctuate as investors analysed a trading update described […]

Unemployment in the United Kingdom has reached its highest rate since the third national pandemic lockdown, according to recently released official data. Figures from the Office for National Statistics revealed that the unemployment rate stood at 5 per cent in the three months to September, an increase from 4.8 per cent in the previous quarter. […]

SoftBank has sold its entire holding in Nvidia for approximately £5.8 billion, drawing renewed scrutiny over the sustainability of the artificial intelligence investment cycle. The Japanese conglomerate confirmed it will redirect the proceeds from the sale towards further investments in AI projects. SoftBank reported a net profit of £16 billion in its second quarter, marking […]

Grocery price inflation in the United Kingdom eased to 4.7 per cent in the four weeks to 2 November, marking a decline from 5.2 per cent reported the month before This shift comes as supermarkets intensify their discount activity in a bid to attract cautious shoppers in the run up to the Chancellor Rachel Reeves’s […]

Vodafone has increased its dividend for the first time in seven years, signalling renewed confidence as its largest market in Germany returns to growth. Chief executive Margherita Della Valle’s restructuring appears to be taking effect, with the company achieving strong operational improvements. Shares climbed by 8.3 per cent to finish at 96.25 pence following an […]

One of the United Kingdom’s leading lenders has come under fire for using data from the bank accounts of more than 30000 employees as part of its salary negotiation process. Lloyds Banking Group examined the saving and spending patterns of its lowest paid staff and compared these with the financial resilience of the wider population […]

The Bank of England has issued a robust defence of its quantitative easing programme following criticism from Nigel Farage, leader of Reform UK, who cautioned that taxpayers could face a bill of up to £120 billion. In its latest update, the Bank explained that its bond purchases during the 2008 global financial crisis and the […]

Tens of thousands of high earners across Britain are deliberately holding back their reported income to avoid a punitive tax threshold at the £100,000 mark, recent analysis reveals. The pattern represents a significant rise over the past year, as approximately 30,000 more taxpayers than expected now cluster at this figure in an effort to sidestep […]

The UK Government is at a crossroads regarding the future of electric vehicles with new proposals for a pay per mile tax expected to be announced in the upcoming Budget. Rachel Reeves, the Chancellor, is considering the introduction of a 3p per mile levy on electric vehicles starting in 2028. This initiative comes despite a […]

Asda has experienced a significant plunge in its share of the UK grocery market, heightening scrutiny of chief executive Allan Leighton and his efforts to revive the supermarket chain. The grocer’s sales fell sharply by 3.9 percent during the twelve weeks to 2 November, marking the twentieth consecutive month of decline, according to recent figures […]

Cathy Ying Zhang, spouse of Alibaba founder Jack Ma, completed the purchase of a former Italian embassy in London for £19.5 million in October, as confirmed by land registry documents. The six bedroom townhouse, situated in Belgravia in central London, boasts a prestigious provenance dating back to its construction at the turn of the twentieth […]

Heathrow Airport has sharply criticised proposals that would see its business rates bill rise fivefold to £500 million from the current £121 million, arguing such an increase undermines the government’s expansion ambitions and threatens the competitiveness of UK aviation. Airport executives have urged Chancellor Rachel Reeves to reconsider the planned rise, warning that the tax […]

The six-year search for Zhimin Qian, the Chinese orchestrator of the United Kingdoms largest money laundering case, concluded with her arrest in a modest York Airbnb. At age forty-seven, Qian defrauded 128,000 victims in China, stealing £5.5 billion worth of Bitcoin before fleeing to the UK. Using a Caribbean passport under a false identity, she […]

Britain is grappling with a significant increase in benefit claims driven by mental health and behavioural disorders, challenging longstanding attitudes towards work and disability. Recent government data reveals that two thirds of those assessed for the health component of Universal Credit between early 2022 and May this year cited mental or behavioural issues, totalling 1.6 […]

Billionaire John Caudwell has urged Sir Keir Starmer to abandon Labour’s proposed Employment Rights Bill, citing concerns that the reforms could make Britain less attractive to investors. Caudwell, who shifted support from the Conservatives to Labour in the previous year, believes the changes, particularly allowing employees to claim unfair dismissal from their first day, would […]

When Governor Kathy Hochul took the stage at a rally in support of Zohran Mamdani during the closing days of his New York mayoral campaign, her speech was met with vociferous demands from the crowd to tax the wealthy. Mamdani has now emerged as New York’s new socialist mayor-elect, propelled by promises of universal free […]

Spain has emerged as an economic outlier in the post pandemic era, posting growth near 3 percent while heavyweight neighbours France, Germany, and Italy have struggled to surpass 1 percent. This economic resilience is attributed in large part to an unprecedented influx of migrants, with more than two million newcomers arriving over the past four […]

Diageo saw its market value rise by approximately £2 billion following the announcement that Sir Dave Lewis would become chief executive of the FTSE 100 drinks group. The appointment comes at a pivotal time for the company, which has been facing shareholder pressure and operational headwinds after a challenging period marked by leadership uncertainty, declining […]

Legal and General, the United Kingdom’s largest investment institution, cast a vote against Elon Musk’s record one trillion dollar Tesla pay package over concerns regarding the absence of explicit requirements for his commitment to the company. The stewardship officials at Legal and General, which holds eight point six billion dollars in Tesla stock, indicated their […]

British drinks brand Trip has secured a significant investment of 40 million dollars in its latest fundraising round, attracting high-profile backers including Brazilian model Alessandra Ambrosio and American musician Joe Jonas. The company is now valued at over 300 million dollars as it accelerates its expansion in the United States market. Founded in 2019 by […]

The White House is weighing the prospect of restricting BBC journalists’ access following the broadcaster’s admission of an “error of judgement” in editing a speech by Donald Trump. The controversy stems from the BBC’s Panorama programme, which faced criticism after it merged segments of Mr Trump’s January 6 speech in a way that allegedly misrepresented […]

The BBC is set for significant change as ministers initiate a comprehensive review of the television licence fee and the corporation itself, following allegations of editorial bias. Lisa Nandy, the Culture Secretary, is preparing to launch a consultation on the renewal of the BBC’s royal charter before Christmas. The review will explore thorough reforms to […]

Sam Altman, now synonymous with the artificial intelligence revolution, has propelled OpenAI to the forefront of one of the most ambitious and capital-intensive projects in history. Once described by mentor Paul Graham as having the tenacity to emerge as king in the toughest environments, Altman has guided OpenAI into discussions involving over $1.4 trillion in […]

British Airways has cautioned that its Spanish parent company, International Airlines Group (IAG), may reconsider its investment in Heathrow Airport should the costs associated with a third runway become prohibitive. Chief executive Sean Doyle highlighted mounting concerns over the proposed £49 billion expansion, which will be largely funded by airlines and their passengers. The project’s […]

Rachel Reeves’s widely anticipated move to increase gambling taxes in her upcoming 26 November Budget is being met with serious warnings from industry experts. According to a recent report by PwC, commissioned by the Betting and Gaming Council, a hike in gambling duties may send more players towards unregulated and untaxed black market sites, diminishing […]

Switzerland is on the verge of securing a significant reduction in tariffs imposed by the United States, following a concerted effort by some of the Alpine nation’s largest companies to lobby the President directly. Negotiations are underway between the two governments to lower the steep 39 percent tariff on Swiss exports to a more moderate […]

Global stock markets rallied on Monday, buoyed by optimism that a historic US government shutdown is close to resolution. London’s FTSE 100 index closed at a record 9787 points, surpassing its previous high set in October, while the FTSE 250 climbed by over 1 per cent. Leading the surge in London were mining group Fresnillo, […]

Shell has dealt a setback to the UK Government’s net zero strategy by announcing its withdrawal from two significant offshore wind farm developments in the North Sea. The company has abandoned its involvement in the MarramWind and CampionWind projects, both situated off the east coast of Scotland, following a restructuring of its partnership with ScottishPower […]

Ovo Energy is initiating significant reductions to its expenditure in a bid to secure its financial position as the company confronts heightened regulatory pressures imposed by Ofgem. The energy supplier, which ranks as Britain’s fourth-largest with a customer base of four million, will implement sweeping cost cuts affecting various sectors, notably advertising and brand promotion. […]

China’s access to sensitive NHS health data poses a substantial security risk for the United Kingdom, according to Sir Gavin Williamson. The former defence secretary has issued a stark warning to Labour, urging immediate action over allegations that Beijing is harvesting the genetic data of British citizens. In a communication to Sir Keir Starmer’s chief […]

Standing beside Revolut founder Nik Storonsky at the companys opulent new London headquarters, Chancellor Rachel Reeves praised his commitment to investing in Britain, calling it a signal of confidence in the economy. Yet only days later, news emerged that Storonsky had left the UK for the United Arab Emirates, a move with significant fiscal implications. […]

The presence of the American fleet in the Caribbean signals a major shift in geopolitical tension. Led by the USS Gerald Ford, the world’s most powerful aircraft carrier, the United States Navy stands ready near the Venezuelan coastline. President Trump has made it clear that he seeks to dismantle the drug cartels that operate from […]

The United Kingdom is projected to endure its lowest rate of economic growth in a hundred years, with new tax increases being developed by Chancellor Rachel Reeves. Analysis by Andrew Sentance, a former member of the Bank of England’s Monetary Policy Committee, predicts the 2020s will deliver an average annual gross domestic product growth of […]

Taipei — Taiwan Semiconductor Manufacturing Co reported a sharp rise in October revenue, driven by continued demand for artificial intelligence chips. The world’s largest contract chipmaker said monthly revenue climbed 16.9 per cent from a year earlier to T$367.47 billion (US$11.86 billion), setting a new record for the company. Sales were also 11 per cent […]

Bluefield Solar Income Fund has launched a strategic review and formal sale process as it seeks to address a persistent discount between its share price and net asset value (NAV). The board said the move followed extensive consultation with shareholders and reflects the absence of any clear catalyst to close that valuation gap. James Armstrong, […]

Oriole Resources has announced a major funding agreement with BCM International, strengthening its pursuit of gold exploration in Cameroon. The deal secures 900000 dollars in cash and an additional 300000 dollars in direct drilling expenditure to fully finance a 2950 metre maiden drilling programme at the Mbe North target. This marks a pivotal step for […]

Plans to introduce a new electric vehicle (EV) pay-per-mile tax have taken a significant turn, as van drivers are set to be exempt, while plug-in hybrid vehicles (PHEVs) will not escape the levy. Government sources indicate that electric van owners will not be subject to the proposed 3p-per-mile tax, a decision likely to please major […]

James Libson, managing partner of the prominent law firm Mishcon de Reya, has issued a stern warning about the proposed tax rises on limited liability partnerships LLPs set to be unveiled in Rachel Reeves’s upcoming budget. The proposed higher taxes could prompt a flight of highly skilled professionals from the UK Libson argues, with implications […]

The UK government has launched a security investigation into a reported vulnerability that could allow hundreds of Chinese-made electric buses to be remotely deactivated mid-transit. Officials are collaborating with the National Cyber Security Centre to scrutinise whether Yutong, a leading Chinese bus manufacturer, maintains remote access to the software and control systems of their vehicles. […]

The British steel sector stands at a crossroads as fierce disputes erupt over new import tariffs and quotas, drawing sharp lines between primary manufacturers and downstream users. Recent decisions by the government to impose stringent controls on imports from Vietnam and South Korea, presented as measures to shield the domestic industry from unsustainably cheap steel, […]

The Conservative Party has announced plans to dismantle significant climate change reporting requirements, aiming to boost the number of companies listing on the London Stock Exchange. In an interview, Andrew Griffith, the shadow business and trade secretary, promised to use what he called a “chainsaw” on Environment Social and Governance (ESG) mandatory reporting. Under these […]

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. […]