Autumn Budget: Why are banks in Rachel Reeves’ tax crosshairs? October 7, 2025 The “pass the parcel” of Budget speculation has fallen back into the lap of the banking industry with the nation’s top lenders finding themselves as a potential subject of a November cash grab. Fresh reports have indicated Rachel Reeves is actively considering a raid on Britain’s banking giants – even as she continues to make [...]
Goldman warns Japan fiscal plans could spark UK bond sell-off October 7, 2025 The fiscal plans touted by the woman poised to become Japan’s first female Prime Minister will trigger a sharp jump the country’s borrowing costs that could spill over into the price of UK and US government bonds, Goldman Sachs has said. Sanae Takaichi, an admirer of Margaret Thatcher, was swept to victory in her Liberal [...]
European President set to face yet another no-confidence vote October 6, 2025 The President of the European Commission, Ursula von der Leyen, is back in Strasbourg to defend herself against a no-confidence motion, just months after her last one. On Monday evening, two motions of no confidence against the President will be debated at the European Parliament, as von der Leyen is set to defend herself against [...]
Barcelona and Milan plans for overseas games get green light from Uefa October 6, 2025 Uefa has “reluctantly” approved plans for LaLiga and Serie A to stage one-off overseas games this season, blaming Fifa for lacking a clear regulatory framework. LaLiga has announced plans to play a match between Barcelona and Villarreal in Miami in December, while Serie A is moving AC Milan’s contest with Como to Perth in February. [...]
Riyadh Season like Saudi Arabia’s Disneyland as darts joins roster October 6, 2025 Riyadh Season’s expansion to encompass more sports and cultural events – including, for the first time, darts – has seen it likened to “Saudi Arabia’s Disneyland”. A new deal with multi-sport promotion giants Matchroom will see the Saudi Masters Darts join the likes of boxing and snooker on the Arabian peninsula. Furthermore, Riyadh Season – [...]
Tories: Reeves gambling with lives over mooted betting tax October 6, 2025 Rachel Reeves has been accused of “gambling with lives” ahead of a mulled tax rise on the gambling sector in November’s Budget. The Chancellor is tipped to hike the levy on bookies from 15 per cent to 21 per cent, in line with online casinos, in a move critics say could decimate horse racing and [...]
David Kogan: Chair of football regulator appointed despite ongoing inquiry October 6, 2025 Media rights advisor David Kogan OBE has been confirmed as the first chair of the Independent Football Regulator despite an inquiry into his appointment remaining ongoing. Kogan was named preferred candidate by the Department of Culture, Media and Sport earlier this year but questions about his suitability were raised after he revealed he had donated [...]
Open AI and AMD challenge Nvidia with multibillion chip deal October 6, 2025 OpenAI has announced a multi-billion dollar deal with chip giant AMD to build large scale AI data centres – one of the most direct challenges to Nvidia’s dominance in the AI market to date. Under the partnership, OpenAI will buy six gigawatts of AMD’s next generation processors, starting with the MI450 chip launching in 2026. [...]
Deloitte refunds Australian government after AI ‘made up citations’ in report October 6, 2025 Big Four firm Deloitte is set to issue a partial refund to the Australian federal government after a report it issued contained several errors caused by the use of AI. Deloitte was commissioned by the Department of Employment and Workplace Relations (DEWR) to review a targeted compliance framework and its IT system in December 2024. [...]
Chiltern Firehouse: Reopening date revealed after major fire October 6, 2025 A luxury London hotel popular with celebrities won’t reopen until April 2027 after a large fire earlier this year, it has been confirmed for the first time. Chiltern Firehouse in Chiltern Street, Marylebone, closed on 14 February after flames ripped through the Victorian four-storey building. The fire damaged parts of the ground floor, half of [...]