No bailout for Jaguar Land Rover, says business secretary Business Business secretary Jonathan Reynolds has said the government will not bail out Jaguar Land Rover after it announced plans to slash 4,000 jobs. Reynolds has spoken to PB Balaji, chief executive of Britain’s biggest carmaker, and is due to meet with the company’s leadership in the coming days. But he told the BBC’s Laura Kuenssberg [...]
John Caudwell: I backed Labour, but they haven’t kept their promises Opinion We should be making it easier for entrepreneurs to invest, employ and expand. Instead we are giving them more reasons to look elsewhere.
A Gulf Trade Agreement could accelerate UK data centre development Partner A newly inked trade agreement between the UK and Gulf region offers tantalizing potential for collaboration as the race to build data centres heats up. Data centres, like Amazon warehouses before them, are simultaneously springing up everywhere, vital to current consumer and business trends, and wildly unpopular with the public. But despite these objections, the [...]
Natwest wins approval to beef up US presence August 25, 2026 Natwest has landed approval from the US Federal Reserve to beef up its presence on the other side of the Atlantic. The British banking giant has been granted permission to set up a “representative office” in Connecticut that will “act as a liaison with current and prospective US customers of the bank”. The approval document [...]
Aldi boss wades into supermarket ‘price-gouging’ row August 16, 2026 The boss of Aldi has waded into the bitter row over whether supermarkets are profiteering off of struggling customers as he backed a government crackdown on “rip-off” discounts. Giles Hurley, the chief executive of the discount grocer, said the government is “right” to take on misleading discounts and promotions “in their work to tackle cost [...]
Could a ‘land blocking’ rule change spell danger for Aldi and Lidl? August 13, 2026 German discounters Aldi and Lidl have rapidly taken control of the UK’s budget grocery market in recent years. But could new curbs on ‘land blocking’ slow their insurgency? Only a few decades ago, Lidl and Aldi were oddities. By 2008, the German discount supermarkets had been in the UK for more than 10 years but [...]
Fielden: Crafting a modern whisky brand August 13, 2026 This month’s issue of Whisky Business, City AM’s monthly look at the world of whisky, takes a look at a new English whisky brand, Fielden Spend five minutes online looking for confirming evidence, and you’ll find plenty of commentary arguing that consumers the world over are drinking and spending less on alcohol. However, the underlying, real-world data [...]
School’s out! 13 amazing UK holiday options to book this August August 12, 2026 Summer is drawing to a close so it’s time to book in those last remaining UK holidays. We round-up our favourite UK-based weekends away, from a city break in Bath to a luxury hotel stay at Gleneagles. Whatever you have in mind for the perfect end-of-summer break, we have you covered. Best UK holidays: our [...]
Revolut lands fresh banking licence after wrestling with Europe friction August 10, 2026 Revolut has been granted a new full-fat banking licence with approval from the European Central Bank following previous friction with the prudential regulator. The $75bn fintech giant – which is currently undergoing a secondary share sale expected to value it at $115bn – revealed on Monday its European arm will accelerate its continental push under [...]
BBC to broadcast Alexis Ohanian co-founded all-female athletics series Athlos August 7, 2026 The BBC will broadcast the Alexis Ohanian co-founded all-female athletics meet Athlos when it heads to London next month. The event, one of a number on a series funded by the Reddit co-founder, will land at Prem Rugby team Saracens’ Stone X Stadium in September with the likes of Keely Hodgkinson, Sha’Carri Richardson, Gabby Thomas [...]