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LIVE: BANK OF ENGLAND HOLDS RATES IN CLASH OF HAWKS AND DOVES

Politics

  • Tears, scandal, c*ck-ups and conspiracy: Westminster’s worst moments of 2025

    December 23, 2025

    Westminster never disappoints.  When Keir Starmer came into Downing Street, he promised that politics would “tread more lightly” on the lives of everyday people.  He was likely referring to the farce of Partygate, leadership battles and political blunders under successive Tory governments.  But Labour have got caught up in less than pleasant situations of their [...]

  • Accountancy body warns Finance Bill could criminalise honest mistakes

    December 19, 2025

    A body has expressed serious concerns that measures in the upcoming Finance Bill could pose an “existential threat” to professional firms and cause significant harm to compliant taxpayers. The Institute of Chartered Accountants in England and Wales (ICAEW) pointed out several effects the Bill has on tax advisers, including introducing a criminal offence for promoting [...]

  • Starmer threatens Abramovich with court over £2.5bn Chelsea proceeds

    December 17, 2025

    Prime Minister Keir Starmer has vowed to take Roman Abramovich to court unless he hands over the £2.5bn proceeds from his sale of Chelsea FC to humanitarian causes in Ukraine. The huge windfall has been frozen in a UK bank account since May 2022, when the sanctioned Russian oligarch sold Chelsea to a US consortium [...]

  • Arrogant Labour has played fast and loose with the jobs market

    December 17, 2025

    As the first full calendar year of life under this Labour government comes to a close, it’s an appropriate time to reflect on how they’ve done and how their promises to renew Britain marry up with reality. How can I put this delicately? Ministers should slope off to their constituencies this Christmas with their heads [...]

  • Labour government moves to protect litigation funding

    December 17, 2025

    The UK government plans to legislate to reverse the impact of a Supreme Court judgment on the litigation funding industry. The top court ruled in a 2023 case, known as PACCAR, that percentages of damage recovered were not enforceable. This ruling threw the litigation funding industry into uncertainty, as it brought its funding into the [...]

  • Employment Rights Bill will become law – as Tories vow to repeal it

    December 16, 2025

    The controversial Employment Rights Bill will become law after legislation cleared Parliament on Tuesday afternoon. After weeks of the Bill ping-ponging from the House of Lords to the Commons over controversial ‘day one’ rights, the government agreed earlier this month to drop its pledge of ‘day one’ rights in exchange for certain protections kicking in [...]

  • Trump sues BBC for $10bn in Florida, citing producers trips to Mar-a-Lago

    December 16, 2025

    US Donald Trump has filed a lawsuit against the BBC in the Southern District of Florida, alleging that BBC producers travelled to Florida to film “significant portions of the [Panorama] documentary”. Last month, Trump threatened to sue the BBC for $1bn over the misleading edit of a Panorama programme, which spliced together two parts of [...]

  • The City is thirsty for more detail from Reform

    December 16, 2025

    Appearing before MPs yesterday, Keir Starmer bemoaned the “consultations, regulations [and] arms-length bodies” that create “a thicket of reasons why you can’t do something.” He was responding to a question from Dame Meg Hillier, the Labour MP who chairs the committee in front of which he was appearing, about whether he had prepared enough for [...]

  • ‘Picking winners? This is about backing champions’ – Reform’s Zia Yusuf on a radical approach to business

    December 16, 2025

    Reform has by any measure enjoyed an incredible 2025. But for much of the poll-topping year, its economic vision has remained an unknown entity. Ali Lyon met policy chief Zia Yusuf to hear, for the first time, his party’s plans for Britain’s flatlining economy and the millions of businesses in it. Zia Yusuf is feeling [...]

  • Value of UK passport declines sharply under Labour

    December 16, 2025

    The once-coveted British passport has tumbled in value since Rachel Reeves’ “wealth tax” Budget, according to a new report.  In the latest Passport Index, put together by financial advisory firm Nomad Capitalist, the UK’s iconic blue travel document has slipped from 21st place in the previous list down to 35th out of 199 countries.  This [...]

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