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      Iranian hackers behind UK energy plant attack

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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Business

  • Britain’s £800bn investment pile that isn’t being used

    May 5, 2026

    Britain's 'mainstream investors' hold more than £800bn in net financial wealth, an investment sum large enough to meaningfully address the capital gap.

  • Anti-US sentiment and Iran to have major World Cup security impact

    May 5, 2026

    Anti-US sentiment and the conflict in Iran is set to have a major impact on the Fifa World Cup, security experts have warned. The United States – which is currently engaged in a conflict with World Cup qualifiers Iran – will host the majority of this summer’s tournament, which kicks off in just over a [...]

  • Kemi Badenoch: Thoughtful, patient…radical?

    May 5, 2026

    With local elections just days away much of the focus has been on what the results will mean for Keir Starmer’s chances of survival. Related to this is the question of how well Reform and the Greens will do, with fewer column inches devoted to what lies ahead for the Conservatives. To some extent this [...]

  • ‘Alarming’ lack of private credit understanding in finance bosses

    May 5, 2026

    The elusive nature of the private credit industry has been called further into question with fresh data revealing less than one in five financial services leaders fully understand their exposure to the sector. A fresh report from Big Four firm KPMG has found just 14 per cent of financial services executives believe they are fully [...]

  • Tax hikes call time on two pubs a day crushing 2,400 jobs

    May 5, 2026

    The government’s bitter round of tax hikes imposed on the hospitality industry is said to have forced the closure of two pubs a day in the first three months of the year in yet another blow to the already bruised sector. Figures from the Beer Bar and Pub Association (BBPA) showed 161 pubs across Britain [...]

  • ‘Inflection point’: Challenger banks loan growth halved in 2025

    May 5, 2026

    Challenger banks have reached an “inflection point” after loan growth across the industry halved in the last year, a fresh report has warned. New analysis from Big Four firm EY showed lending growth across UK challenger, specialist and digital banks slowed to 4.5 per cent in 2025, down from 8.9 per cent. This came as [...]

  • Kemi Badenoch interview: ‘I want an economic revolution’

    May 5, 2026

    Kemi Badenoch has told City AM she wants to deliver “an economic revolution” in the UK, based on lower taxes, less government intervention and “a mindset shift” that puts businesses and the City at the heart of the growth agenda. Speaking ahead of this week’s local elections, the Tory leader says she is developing policies [...]

  • RWS to acquire UK AI platform in £40m deal

    May 4, 2026

    Global AI solutions company RWS Holdings has reached an agreement to acquire UK based AI company Obviously in a bumper £40m deal as it looks to pivot to become a “technology-first business”. AIM-listed RWS agreed to buy the AI platform for an initial cash offer of £16.5m, with an earn-out consideration of up to £23.5m, [...]

  • Mercedes bid for Alpine could be blocked by FIA multi-team rule change

    May 4, 2026

    FIA president Mohammed Ben Sulayem has hinted that motorsport’s world governing body could prevent Mercedes from buying a minority stake in Formula 1 competitor Alpine. Mercedes is among the bidders for a 24 per cent stake in Alpine that has been put up for sale by Otro Capital. Former Red Bull principal Christian Horner is [...]

  • Blackstone, Saudi wealth fund collect £4m dividends from four Morrisons stores

    May 4, 2026

    Private equity firm Blackstone and the Saudi sovereign wealth fund have handed themselves £4m in dividends from their ownership of four Morrisons supermarket buildings. The pair acquired the sites – in Maldon, Stockport, Harrogate and Newcastle – for £110m in 2023 as part of a sale and leaseback arrangement which saw the supermarket chain sell [...]

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