Tax crackdowns means high net worth Brits continue to mull UK exit September 9, 2026 UK millionaires continue to keep their options open with a high percentage having considered leaving the UK over high taxes, according to a survey, deepening fears that the government has relied too heavily on the wealthy to boost receipts and fund higher expenditure. An in-house survey by the Wealth Club, which provides advice to rich [...]
Nandy absence called out as MPs urge greater use of sport as soft power September 9, 2026 The government must do more to use sport and the wider culture sector to maximise global soft power, according to an influential MP. Dame Caroline Dinenage, chair of the Culture, Media and Sport Select Committee, has criticised the government for staging its Soft Power Council only four times, with the department’s Secretary of State Lisa [...]
Revolut US licence win ‘strengthens pre-IPO story’ September 9, 2026 Revolut’s conditional approval for a US banking licence has been hailed as a “consequential” step in the fintech’s march towards a long-awaited public debut. The digital bank landed approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter last week, clearing a major hurdle to launch its operations [...]
Investors fret as UK fintech chief bows out September 9, 2026 Lisa Jacobs has overseen a tumultuous time at the helm of London-listed fintech Funding Circle. After she announced plans for her exit, Samuel Norman takes a look at Jacobs’ tenure in this week’s column. As she announced plans to bow out from fintech firm Funding Circle on Tuesday, Lisa Jacobs was desperate to play down [...]
Value of UK deals rockets as buyers pounce on FTSE 100 firms September 9, 2026 The value of UK merger and acquisitions more than doubled in the first half of 2026 as foreign buyers capitalised on sluggish valuations to pick off some of Britain’s most valuable companies. Takeovers worth some £124bn were struck in the first six months of the year, up 107 per cent year-on-year from £60bn in the [...]
Black market cigarette trade ‘accelerating high street decline’, Co-op tells Burnham September 9, 2026 Criminal gangs selling illicit cigarettes in shops across the UK are “accelerating” the decline of Britain’s high streets and must be stopped, the Co-op has warned Andy Burnham. The black market trade of tobacco is undermining the Prime Minister’s push to rejuvenate UK high streets, eroding public safety and weakening community cohesion, the cigarettes-to-funerals seller [...]
Trade sanctions on Israeli settlements attacked as ‘performative’ September 8, 2026 Trade sanctions imposed by Andy Burnham’s government on Israeli settlements in the West Bank are “performative” and could put the UK’s international standing at threat, shadow foreign secretary Tom Tugendhat has said. On Tuesday, Ed Miliband announced the government would impose sanctions on companies and individuals who finance or help create settlements in Palestinian land, [...]
Bailey warns on inflation risks as Iran war roils UK economy September 8, 2026 Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the [...]
Airport chaos latest: Heathrow, London City ‘starting to recover’ after air traffic control failure September 8, 2026 Heathrow, Gatwick and London City airports have been among the most-impacted after a “technical issue” grounded scores of flights across the UK. Britain’s air traffic control service, Nats, said just before 2pm it was investigating a “technical issue” which had delayed departures across most of the UK’s biggest airports. The fault sparked travel chaos at [...]
RFU left waiting on Twickenham gig planning meeting after NIMBY opposition September 8, 2026 England Rugby chiefs are being forced to wait for a crucial planning meeting over the future of events at Allianz Stadium. Hopes had been raised that a meeting to determine whether the Twickenham arena could significantly boost its number of non-sporting events – from three to 15 – would be held in September. But the [...]