Cash Isa limits set to be left untouched at next week’s Mansion House speech Business Cash Isas will be left untouched at next week’s Mansion House speech, in a move that has been welcomed by savings experts. Speculation had been mounting that plans to cut the annual tax-free cash Isa allowance could be announced in Chancellor Rachel Reeves’s Mansion House speech on July 15. But the PA news agency understands [...]
Rachel Reeves to pledge Thatcher-style ‘Big Bang’ for City in Mansion House speech Business Chancellor Rachel Reeves is to pledge a Thatcher-esque “Big Bang” in the City next week as part of her much-awaited Mansion House speech. Reeves is expected to tell senior banking figures to ditch New York and Paris in favour of London or Leeds amid a commitment to slash burdensome regulation. A Treasury source told the [...]
Olivia Smith: First £1m transfer shows good and bad of women’s football Sport Business As a snapshot of the state of women’s club football, Arsenal’s world record £1m signing of Canadian forward Olivia Smith from Liverpool works pretty well. The first ever million-pound transfer in the women’s game underlines the rapid financial evolution it has undergone since the turn of the decade, as investment has poured in from clubs, [...]
Air India crash: Not easy to ‘accidentally’ cut off fuel switches July 12, 2025 The fuel switches that were cut off before the Air India plane crash are the kind used on every flight, and designed so that this cannot easily “accidentally” happen, an aviation expert has said. The London-bound Boeing 787 Dreamliner crashed into a medical college shortly after taking off from Ahmedabad Airport on June 12, killing [...]
New Corvette E-Ray is a bargain supercar – now on sale in the UK July 11, 2025 The electrified Chevrolet Corvette E-Ray is heading to the UK later this year, and it will be sold in right-hand drive. Officially unveiled at the 2025 Goodwood Festival of Speed, the E-Ray’s hybrid powertrain makes it the quickest production Corvette to arrive on British shores. Combining all-American V8 muscle with cutting-edge electric tech, the E-Ray [...]
Corporate retreat from DEI isn’t smart, it’s wimpish July 11, 2025 Brands retreating from DEI in a bid not to offend anybody will soon find themselves irrelevant, writes Jack Richards.
Bank of England interest rate cut ‘almost certain’ after poor growth July 11, 2025 Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK economy shrunk for the second consecutive month with a 0.1 per cent contraction in May. Deutsche Bank’s chief economist [...]
Virgin Atlantic and British Airways owner’s fury at Heathrow charge hike July 11, 2025 Plans for a fresh landing charge hike at Heathrow Airport have triggered fury from its largest airline stakeholders, British Airways and Virgin Atlantic. The UK’s biggest airport on Friday announced its intention to hike the levy it charges airlines for using its runways by 17 per cent, a move that will likely push up ticket [...]
UK Athletics boosted by new five-year contract with BBC July 11, 2025 UK Athletics has achieved a significant boost by agreeing a new five-year deal for the BBC to show its flagship events on free-to-air TV. The agreement between the BBC and Athletic Ventures covers the annual London Athletics Meet, which takes place next weekend and features the likes of Olympic champion Keely Hodgkinson, and the national [...]
Government must learn the right lessons from PFI July 11, 2025 A new Public Accounts Committee report warns that the UK’s infrastructure ambitions risk failure unless government provides reliable, consistent investment signals and learns from past mistakes in private finance, writes Geoffrey Clifton-Brown The government’s ambitions for infrastructure – the new schools, hospitals, energy, road and rail projects to drive economic growth and serve future generations [...]