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      Adidas shares plunge after hike in World Cup marketing spend

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      Adidas shares plunge after hike in World Cup marketing spend

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Politics

  • Reeves lands £30bn reprieve ahead of Spring Statement

    February 20, 2026

    Rachel Reeves has secured a record-breaking borrowing reprieve in fresh data that comes ahead of the Chancellor delivering her Spring Statement in March. The Treasury has been handed a surplus of £30.4bn in January, new figures from the Office for National Statistics (ONS) show, after a surge in tax receipts. The figure is £15.9bn higher [...]

  • Antonia Romeo appointed civil service boss

    February 19, 2026

    Sir Keir Starmer has appointed Dame Antonia Romeo to be the first female cabinet secretary to lead the civil service, as part of a reshuffle of the government’s top team.  The new civil service chief is currently the most senior civil servant at the Home Office, and was a leading contender for the role when [...]

  • Andrew Mountbatten-Windsor arrested on suspicion of misconduct

    February 19, 2026

    Andrew Mountbatten-Windsor has been arrested on suspicion of misconduct in a public office, the BBC has reported. It comes after increasing pressure on the former Prince after Prime Minister Sir Keir Starmer this morning said “nobody was under the law”. Police were understood to be weighing up allegations that convicted sex offender Jeffrey Epstein had [...]

  • Starmer orders tech giants to delete abusive content within 48 hours

    February 19, 2026

    Tech companies will be legally required to remove non-consensual intimate images within 48 hours, or face heavy fines and potential UK blocks, under new measures unveiled by the Prime Minister The proposals, introduced through an amendment to the Crime and Policing Bill, require platforms to act swiftly once content is flagged. Companies that fail to [...]

  • Rachel Reeves warned ‘dysfunctional’ fiscal rules are hammering economy

    February 19, 2026

    Rachel Reeves has been dealt a scathing assessment of her economic policy by a top think tank, which likened her approach to a driver who was “watching the speedometer” while ignoring other conditions. The Chancellor is facing calls to scrap the self-imposed fiscal rules that prevent her from borrowing to pay for day-to-day spending and [...]

  • Reform UK: Robert Jenrick promises to ‘defuse benefits bomb’

    February 18, 2026

    Reform UK will restore the two-child benefits cap if it wins the next election, Robert Jenrick has confirmed in a speech in which he branded the Britain’s benefits system an “economic and moral disaster”. In his first formal remarks as the party’s Treasury spokesman, the former Tory shadow justice secretary confirmed Reform no longer supported [...]

  • Starmer sticks to youth minimum wage pledge despite jobs fears

    February 18, 2026

    The government will stick to the Labour party’s manifesto commitment to equalise the minimum wage despite speculation it would row back on the pledge over unemployment fears, the Prime Minister has said. Speaking on Wednesday, Sir Keir Starmer said: “We’ve made commitments to young people in our manifesto, and we will keep to those commitments, [...]

  • BAE Systems rides defence wave to dividend boost and record results

    February 18, 2026

    BAE Systems shareholders are set for a pay bump as the London-listed group has benefited from the wave of increased global defence spending. Sales at Europe’s largest defence contractor rose 10 per cent to a record £30.7bn, while underlying profit grew 12 per cent to £3.3bn. The group saw its total order backlog reach a [...]

  • We have created the worst possible system of government

    February 18, 2026

    Keir Starmer does not appear to have many original thoughts (aides say he doesn’t read books while the PM himself told a baffled journalist that he doesn’t have dreams) so it’s no surprise that one of the few interesting things he’s ever said was in fact first uttered by one of his predecessors. Boris Johnson [...]

  • Bank of England took ‘eye off ball on inflation’, says Jenrick

    February 18, 2026

    Robert Jenrick is set to make his first major pitch to the City, in his first major outing as Reform’s spokesman on Treasury matters. The Newark MP is expected to commit to the independence of the Bank of England but pledge to “strip the Bank of distractions which have been loaded onto it”. “We will [...]

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