Bank of England’s Pill warns against ‘wait and see’ interest rates approach September 3, 2026 The Bank of England’s chief economist has warned that a “wait and see approach” to setting interest rates amid the ongoing Iran war could unleash a fresh wave of inflation that the central bank will find hard to contain if left unchecked. Huw Pill, who has long been one of the most hawkish rate-setters on [...]
Nike becomes London City Lionesses sponsor as well as kit partner in world record deal September 3, 2026 Nike has extended its partnership with London City Lionesses to become the Women’s Super League club’s front-of-shirt sponsor as well as kit maker for a world record fee of over £3m. The sponsorship is described as a multi-year deal and comes as Nike has also extended its kit contract with London City until 2032. The [...]
Revolut takes step closer to US bank launch after clearing key regulatory hurdle September 3, 2026 Revolut has taken a step closer to launching a bank in the US after clearing a major regulatory hurdle. The Canary Wharf-based business has received conditional approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter. The UK’s biggest fintech is progressing its application with the Federal Reserve [...]
Reform UK chiefs ask to meet gilt holders amid bond rout September 3, 2026 Robert Jenrick has asked to meet with top traders at the likes of Barclays and Goldman Sachs in London and New York who hold UK gilts as a recent surge in borrowing costs threatens the UK’s public finances. Reform’s Treasury spokesman announced at the Reform conference that he had written to the major holders of [...]
Healey’s adviser warns ‘you won’t grow the economy just by spending more’ September 3, 2026 John Healey’s entrepreneurship adviser has warned that growth cannot be achieved by government spending and policy announcements, in a rebuke to the Chancellor and Andy Burnham as they draw up their first budget. Alexandra Depledge, the founder of property start-up Resi, who has been reappointed as entrepreneurship adviser to the Chancellor, wrote on Linkedin that [...]
Tower of London curbs on skyscrapers ‘will cost City £1.2bn’ September 3, 2026 Plans to protect views of the Tower of London will cost the economy £1.2bn in lost economic output every year, the City of London Corporation has warned. Historic England, the government’s heritage watchdog, is battling to secure a “larger uninterrupted gap of clear sky” between the medieval prison and the cluster of skyscrapers on the [...]
INEOS boss: North Sea decommissioning is ideological and destructive September 3, 2026 From 2029, decommissioning spending will overtake capital investment in the North Sea. This is economic self-harm, writes Brian Gilvary.
Are financial rules fuelling the Premier League’s record transfer spending? September 3, 2026 Premier League football’s financial regulations may have been designed to control transfer spending but they actually incentivise it, argues Danny Hill. Premier League clubs spent a record £3.46bn this summer. Around 38 per cent of deals were between Premier League clubs, up from 30 per cent last year, according to Reuters. The obvious explanations are [...]
Why the smart money should be on rugby sevens September 3, 2026 Why should we be taking more notice of rugby sevens at the moment, asks former player Jim Hamilton. There are different versions of rugby, and while the 15-a-side game will always be my Everest, sevens offers something completely different. The sport is simple to follow, fast and incredibly athletic, and it allows individual personalities and [...]
Good Good CEO departs after defiant response to ‘misogynistic’ Callaway ad storm September 3, 2026 Good Good’s CEO and co-founder has left the US golf brand just days after a defiant social media post over an ad the company made for Callaway that drew accusations of misogyny. Callaway sacked Good Good last week over the ad, which depicted a man pushing over a woman and was accused of making light [...]