Four in 10 Londoners ‘ready to quit capital’ over housing costs November 5, 2025 Nearly half of the capital’s 25-45 year olds are ready to leave over unsustainably expensive housing, according to a new study. In fact, two in three are regularly borrowing money to pay housing costs, most commonly turning to credit cards, payday loans and family support, according to a new report from Pocket Living. “The pressures [...]
UK faces founder exodus in wake of tax hiking Budget November 5, 2025 Britain could suffer an exodus of business owners if the Chancellor follows through with rumours of a crackdown on wealth at the upcoming Budget. A fresh poll of founders has shown that four in 10 UK-based entrepreneurs would weigh up whether to leave the UK were Rachel Reeves’s speech to contain either a hike to [...]
Tech stocks plunge after Big Short investor bets against AI November 4, 2025 American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s largest artificial intelligence companies. Michael Burry, the star stock picker whose decision to short the property market was depicted in the blockbuster ‘Big [...]
Government-backed bank fuels entrepreneurship for unemployed Brits November 4, 2025 The British Business Bank has announced that nearly £150m in loans has been handed to unemployed people to help them start their own businesses since 2012. The figure represents 22 per cent of all finance issued through the government-backed ‘start-up loans’ programme, which aims to support entrepreneurs who may find it difficult to secure funding [...]
British basketball at war: GBBL proposes peace deal to BBF and SLB November 4, 2025 The chief executive of the Great Britain Basketball League (GBBL) has moved to make peace with the existing clubs and the sport’s governing body following the 12-month civil war that has resulted in the men’s national team being suspended from international competition. In a letter sent to the interim chair of the British Basketball Federation [...]
Lawyers warn Reeves: Don’t destroy £60bn industry over LLPs gambit November 4, 2025 The legal industry has slammed Chancellor Rachel Reeves’ proposed tax hike on LLPs, saying the move “could harm one of the UK’s most globally competitive sectors.” As she aims to fill the fiscal black hole, Reeves is reportedly targeting limited liability partnerships (LLPs) for a tax raid for the first time. The LLP model, used [...]
Income tax rise could cause a fresh wave of Brits to move abroad November 4, 2025 Income tax rises in the upcoming Budget would force an increased number of Brits to consider a move abroad, a leading international removal company has warned, adding that hiking the tax would lead to “a great Q4 for companies like mine.” Speculation surrounding a rise in income tax in Chancellor Rachel Reeves’ November Budget has [...]
Bank of England expected to hold interest rates in tight decision November 4, 2025 The Bank of England is expected to hold interest rates at four per cent despite some City forecasters suggesting that the votes of the Monetary Policy Committee (MPC) could tilt towards a 25 basis point cut. City traders believe the Bank will keep interest rates on hold to curb high inflation, which is nearly double [...]
Sabalenka to face Kyrgios in Battle of the Sexes in Dubai November 4, 2025 The United Arab Emirates will host a “Battle of the Sexes” tennis match between Aryna Sabalenka and Nick Kyrgios this year. Dubai’s Coca-Cola Arena will stage the first such match since 1992 when world No1 Sabalenka faces Australian Kyrgios, who reached a career-high 13th in 2016. “I have a lot of respect for Nick and [...]
Gusbourne takes home a top prize at international sparkling wine awards November 4, 2025 Gusbourne has become the first English wine producer to receive a Chairman’s Trophy from the Champagne and Sparkling Wine World Championships (CSWWC). The Kent-based winemaker swept the awards, which judged over 1,000 sparkling wines. It secured three ‘best in class’ trophies, six gold medals, and accounted for over half of England’s 11 golds this year. [...]