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Business

  • Streeting: Labour needs to counter ‘growing sense of despair’

    October 26, 2025

    The British public have a sense of despair about the way the country is run and Labour must demonstrate it can deliver in office, Wes Streeting has said. The health secretary conceded Sir Keir Starmer’s government has not told a “compelling enough story” about its achievements, and acknowledged people were not yet feeling the change [...]

  • Rishi Sunak: Tax rises at Autumn budget would crush confidence

    October 26, 2025

    Former Prime Minister Rishi Sunak has warned Chancellor Rachel Reeves that she must cut spending at the next budget or risk economic disaster. Writing in his inaugural column for the Sunday Times, Sunak said that Reeves faces a “simple choice: spending cuts or tax rises.” “If the chancellor opts for the latter, it will crush [...]

  • Baller League chief: $100m cheque won’t get me to talk to you

    October 26, 2025

    The man behind Baller League has said a $100m cheque will not be enough to buy a seat at its investment table. The indoor, six-a-side football competition, was founded in Germany but has since moved to the United Kingdom with plans to expand Stateside.  The likes of Mats Hummels and Lukas Podolski were early Baller [...]

  • Asylum seeker released in error seen in London area, police say

    October 25, 2025

    An asylum seeker accidentally released from prison was last seen in the London area, police said, as officers urged anyone who spots him to call 999 immediately. Ethiopian national Hadush Gerberslasie Kebatu, 38, who had been living at the Bell Hotel in Epping, was jailed for 12 months in September for the sexual assault of [...]

  • North Sea oil services group Petrofac could ‘collapse by Monday’

    October 25, 2025

    Petroface, a North Sea oil and energy services group, could file for insolvency as early as Monday morning before markets open, it has been reported.  The company’s board is reportedly holding emergency meetings over the weekend to discuss the possible collapse of the firm, putting around 2,000 jobs in Scotland under risk.  It has also [...]

  • Lucy Powell becomes Labour’s deputy leader

    October 25, 2025

    Lucy Powell, the former House of Commons leader who was kicked out of the government in a ministerial reshuffle last month, has been elected Labour’s deputy leader.  Powell beat education secretary Bridget Phillipson in the contest as she received 87,407 votes. Phillipson received 73,536 votes in the election, representing 46 per cent of the voter [...]

  • Reeves ‘to raise national living wage’ in extra burden for firms

    October 25, 2025

    Rachel Reeves is set to confirm a rise in the National Living Wage by four per cent at the Budget, according to reports, in an electorally popular decision that could have severe implications for businesses and the wider UK economy.  Businesses have repeatedly warned that the double cost of last year’s tax raid on employers’ [...]

  • Test Twenty: The cricket format looking to find stars of tomorrow

    October 25, 2025

    As the amount of cricket increases again, those behind Test Twenty explain the business behind backing youth. Some would argue there’s enough cricket in the world, others would debate that we’ve got far too much. It often seems like a month cannot go by without a World Cup here or Test series there, but Gaurav [...]

  • Three reasons to bin the triple lock

    October 25, 2025

    The triple lock was forged with noble intentions, but in 2025 it's become an expensive political relic, writes Tom Adcock.

  • The compromising iPad photos that dragged a London quant trader to court

    October 25, 2025

    An additional point of context was added to the end of this article on 23 June 2026. It’s never easy moving jobs in the Square Mile – especially for the higher ups. Once you reach a certain seniority, your employer frets over the threat posed if you jump ship – what strategic information you could [...]

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