Labour using ‘sticking plasters’ and failing to attract foreign investment September 11, 2025 The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]
US inflation jumps to 2.9 per cent, setting up key rate decision September 11, 2025 US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 basis-point cut. The Bureau of Labor Statistics said on Thursday that the annual consumer price index (CPI) figure for inflation [...]
Taxpayers give over billions for new vehicles under Motability scheme September 11, 2025 The budget for new vehicles under the Motability scheme for disabled people is higher than expenditure on school repairs across the UK, fresh analysis has indicated, in further evidence of the breakdown of the social contract. Number-crunching by the free market think tank Adam Smith Institute has shown that the scheme, which allows disabled people [...]
Two in five financial services firms lack safe AI controls September 11, 2025 As the financial services industry piles billions of pounds into artificial intelligence (AI), firms are lacking adequate measures to maintain safe usage, according to new figures. Fresh data from Big Four accountancy giant EY reveal 26 per cent of companies have no or limited controls in place to ensure AI systems adhere to laws and [...]
Being a landlord in central London is no longer very profitable September 11, 2025 London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords the lowest return in the country, according to Archimedia Accounts, with yields of just 1.77 per cent. Westminster fares little better, with a flat costing [...]
Week in Business: Businesses flee high-tax Britain September 11, 2025 On the same day that Reeves said "there's no growth without investment", a pharma giant pulled its £1bn London investment plans.
Boxpark to feature at British Grand Prix after Silverstone deal September 11, 2025 Well-known London chain Boxpark will next year have a presence at the Formula 1 British Grand Prix after signing a deal with Silverstone. The partnership, described as “landmark” by both parties, will see Boxpark “deliver a festival-style fan experience” at the race track, which attracts around 500,000 across the British Grand Prix week. It builds [...]
Wicked: Record London show sales after film’s success September 11, 2025 The global box office success of the big screen adaptation of musical Wicked helped the London stage show rake in record ticket sales last year. The film, staring Cynthia Erivo and Ariana Grande, was released in November 2024 and generated more than $756m (£559.2m) worldwide off the back of a successful promotional tour. It was [...]
Chelsea face fine and transfer ban after FA issues 74 charges September 11, 2025 Chelsea face a large fine and a possible transfer ban after being charged with 74 breaches of agent regulations by the Football Association. The charges relate to a period spanning from 2009 to 2022, during Roman Abramovich’s ownership, and come after the club’s current regime raised the alarm about possible “incomplete financial reporting” following their [...]
Reeves, beware the bond vigilantes: the dark knights of the City September 11, 2025 As UK 30-year gilt yields surge to record levels, Tim Focus warns Chancellor Reeves of the threat of bond vigilantes.