Use AI for investing at your own risk, warns watchdog August 27, 2026 The financial watchdog has warned Brits using AI for investment advice that they may not be protected if things go wrong as more people turn to online chatbots. Four in five inexperienced investors admitted to using AI tools for help with their investment decision, according to the latest research from the Financial Conduct Authority (FCA). [...]
Mortgage rate hikes cost London homebuyers £35,000 August 27, 2026 The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit. The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen [...]
Lloyds Bank and Halifax users unable to use app in latest outage August 26, 2026 Lloyds Banking Group has been hit with another app outage that has left thousands of customers unable to use services. The financial giant – which has Lloyds, Halifax and Scottish Widows under its umbrella – said it was “working to get things back to normal as quickly as we can” as users took to social [...]
Reform to slash HMRC officials’ pay if taxpayers wait too long August 26, 2026 HMRC officials would be fined and dismissed if they keep taxpayers waiting too long to deal with government services under a Reform UK government. If Nigel Farage becomes Prime Minister, customer services officers at the tax collector would have their pay tied to performance levels and be required to keep waiting times to below 30 [...]
Uefa to call off Fifa boycott and step up talks over Infantino at Champions League draw August 26, 2026 Uefa will use a gathering of continental chiefs for tomorrow’s Champions League draw to call off its boycott of Fifa events and discuss next moves in its bid to oust Gianni Infantino. Europe’s governing body will hold a meeting with its executive committee and heads of national FAs in Monaco ahead of the draw for [...]
Brewdog founder James Watt hits out at ‘total silence’ over new venture August 26, 2026 Brewdog co-founder James Watt has hit out at the “total silence” surrounding his latest venture, a drink designed to prevent hangovers. The craft beer tycoon wrote on LinkedIn: “Normally, if I cough loudly, three journalists file copy about it. Yesterday we did a world first and the press said nothing. “Not a peep. Total silence,” [...]
Burnham pledges to tackle ‘cost of business’ as firms fear Budget tax raid August 26, 2026 Andy Burnham has pledged to help tackle the “cost of business” as he looks to head off fears that the private sector will be hit with another punishing tax raid at the Budget. Burnham said he wants to “make life easier” for people and businesses as he prepares for his first Budget under the new [...]
International Swimming League set to make comeback in London this year August 26, 2026 London is to host the return of the International Swimming League (ISL), with a lucrative one-night All-Star Match set to take place at the Aquatics Centre in December. The team series ran for three seasons and sparked a civil war between swimmers including Britain’s Adam Peaty and the sport’s governing body, but has been on [...]
You cannot be serious! Smashed John McEnroe racket set to be sold at auction August 26, 2026 A tennis racket smashed by John McEnroe during one of his famous fits of rage is going under the hammer in an auction of sports memorabilia next month. The wooden-framed Dunlop Maxfly Fort mangled by McEnroe dates back to his heyday in the early 1980s, when the combustible American won multiple Wimbledon and US Open [...]
Octopus boss Greg Jackson calls for ‘urgent reform’ on energy as bills rise August 26, 2026 Octopus boss Greg Jackson has called on Andy Burnham to deliver “urgent reform” to the energy market to protect households from “volatile” gas prices. Jackson, founder of the UK’s biggest household electricity supplier, said: “The government’s decision to take VAT off electricity and remove some of the levies from bills has helped soften the blow [...]