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Business

  • Trump’s tech love-in highlights Musk rift as Silicon Valley backs AI push

    September 5, 2025

    President Donald Trump’s White House dinner with the chiefs of the US’s biggest tech companies was meant to showcase unity between the president and Silicon Valley. Instead, the glaring absence of Elon Musk underscored the growing rift between the one-time allies as rivals like Apple’s Tim Cook and OpenAI’s Sam Altman lined up to praise [...]

  • Rayner out: What is happen next for Labour’s cabinet?

    September 5, 2025

    Following Angela Rayner’s resignation from her roles as deputy prime minister, housing secretary, and deputy leader of the Labour Party, what are the following steps to replace her? Rayner admitted to having underpaid stamp duty on her £800,000 seaside flat in Hove, and referred herself to the ethics watchdog Sir Laurie Magnus on Wednesday. On Friday, [...]

  • What next for Tottenham Hotspur after Daniel Levy departs?

    September 5, 2025

    When it finally came, Daniel Levy’s departure as chair of Tottenham Hotspur took everyone by surprise – even those within the club. On Thursday, just before 6pm, Spurs announced that the man tasked with running the club for the Lewis family for almost a quarter of a century was stepping down.  Before the evening was [...]

  • Private equity deals bounce back after sluggish start to the year

    September 5, 2025

    UK private equity deals bounced back in the later stage of the first half of 2025, as investors became increasingly optimistic about growth opportunities.  The total deal value for UK private equity deals dropped 5.3 per cent to £55.7bn, broadly mirroring the rest of Europe, according to new analysis from financial data platform PitchBook. However, [...]

  • Nigel Farage: City regulator ‘is a disaster’

    September 5, 2025

    Nigel Farage has branded the Financial Conduct Authority a “disaster” as he promised his party would overhaul the City’s regulatory landscape. The Reform UK leader – who is hosting the party’s annual conference this weekend – is a strong contender to take the keys to 10 Downing Street in the next general election. Allies of [...]

  • Savers race to withdraw pension lump sums over tax concerns

    September 5, 2025

    UK pension savers rushed to withdraw their tax free cash over the past financial year, as they braced themselves for possible changes to tax rules on retirement funds. The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent in the 2024/25 financial year to £18.1bn, up from £11.25bn the [...]

  • UK firms race into AI as Peter Kyle urges regulators to keep pace

    September 5, 2025

    Tech consultancy firm Capgemini has urged that, despite businesses racing to roll out generative artificial intelligence (genAI), most remain aptly unprepared for the governance challenges it will bring. This warning comes just as the UK government leans on the technology to sharpen its competitive edge and cut red tape. The French consultancy’s AI survey, published [...]

  • Bodycare: Full list of stores to close as 450 jobs lost

    September 5, 2025

    High street health and beauty retailer Bodycare has collapsed into administration with the loss of 32 stores and around 450 jobs being made redundant. Nick Holloway, Chris Pole and Mike Leeds from Interpath have been appointed joint administrators to G.R. & M.M. Blackledge plc, which trades as Bodycare. Founded in 1970 on a market stall [...]

  • Rayner resigns: Legal advice excuse falls flat in tax duty scandal

    September 5, 2025

    Angela Rayner threw her lawyers under the bus over her brewing tax scandal, but the lawyers rebutted, citing the “arrows stuck” in their backs, as experts insisted she shouldn’t have hid “behind legal advice”. When it emerged that Rayner had underpaid £40,000 in tax on her £800,000 property in Hove, it prompted calls for her [...]

  • Mike Tyson v Floyd Mayweather to ‘give boxing fans what they want’

    September 5, 2025

    The trend of big-name but ill-matched money-spinning exhibition boxing fights is set to continue after Mike Tyson and Floyd Mayweather Jr agreed to face off next year.  It comes after 59-year-old Tyson’s bout with 28-year-old YouTuber Jake Paul last year became the most-streamed live sports event ever, drawing 65m concurrent views on Netflix. No broadcaster, [...]

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