Summer of sorrow: Property sector bears brunt of August administration spike September 18, 2026 Nearly 2,000 businesses went into insolvency in August as economic pressures and ongoing geopolitical tensions weighed on British firms. According to new figures the Insolvency Service released on Friday, 1,946 firms went into insolvency in England and Wales in August, flat compared to July and down from 2,007 in August 2025. The data showed that [...]
Rishi Sunak calls on PM Andy Burnham to restore £35m pledge for cricket domes September 18, 2026 Former Prime Minister Rishi Sunak has urged current PM Andy Burnham to reinstate the £35m funding commitment to building all-weather “cricket domes” he made when he was in No10. Sunak pledged the sum in 2024 to create 22 of the facilities around the country but the Labour government scrapped the funding, labelling it “fantasy”, after [...]
Former Labour deputy joins Palantir as tech giant targets UK growth September 18, 2026 Former Labour deputy leader Tom Watson has joined Palantir as a senior vice president as the US tech firm looks to expand its work with the British government while facing mounting scrutiny over its public sector contracts. Watson, who served as an MP for 18 years and held ministerial roles under Gordon Brown, will work [...]
Tories consult senior barrister over ‘outrageous’ Wandsworth tax hike September 18, 2026 Kemi Badenoch has said the Conservative party has consulted a senior barrister to challenge the government over local funding cuts, following the recent controversy over looming tax hikes at Wandsworth Council. Wandsworth Council, which is Tory-run, has recently announced that taxes will rise by 94 per cent for ‘band D’ residents, resulting in taxpayers having [...]
Addison Lee founder defeated in £20m non-dom tax dispute September 18, 2026 The founder of premium minicab firm Addison Lee has failed to overturn a £20.5m tax bill from HMRC after arguing that he should be treated as a non-dom in spite of having lived in England for most of his life. Sir John Griffin, aged 84, who was born in England in 1942 to Irish parents [...]
China’s EV brands are all over sport in the west. Why? September 18, 2026 Electric vehicle brands from China are snapping up sport sponsorship opportunities across the west. Matt Hardy asks why. The automotive sector has long had an association with sports sponsorships: think the century-old deal between Ford and AFL side the Geelong Cats, or Volkswagen’s enduring patronage of Bundesliga side Wolfsburg, originally a works team from its [...]
Putney Pusher suspect’s sisters slam Met: ‘Our brother was innocent’ September 18, 2026 The sisters of the millionaire banker accused of being the ‘Putney pusher’, have insisted upon his innocence while hitting out at the Metropolitan Police’s handling of the investigation. Nicholas Brandram’s sisters, Alexia Hicks and Sophie Voelcker, accused the Met of being “negligent and reckless” during their investigation. The former British Army officer took his own [...]
Chelsea and Tottenham Hotspur criticised for unlicensed gambling deals September 18, 2026 Clubs including Chelsea and Tottenham Hotspur have been criticised for doing deals with unlicensed gambling firms as the government continues a consultation on banning such organisations from sponsoring sport. Chelsea and Spurs are two of 11 Premier League clubs which hold agreements with betting companies not licensed in the UK. Others include Aston Villa and [...]
Explainer: What on Earth has the Bank of England done with its bond sale programme? September 18, 2026 The Bank of England chose to hold interest rates at 3.75 per cent on Thursday. But its unexpected overhaul of quantitative tightening could be far more consequential, says Ali Lyon. On days when the Bank of England’s Monetary Policy Committee decides the future of interest rates, that choice – and the thinking that goes into [...]
Nationalise Thames Water and block private rescue deal, MPs tell Burnham September 18, 2026 Andy Burnham and his government are facing increasing pressure to take control of Thames Water after a group of MPs warned a rescue deal led by its creditors should be rejected. A group of the stricken utility’s lenders, known as London & Valley Water, is vying to seize control of the company in a £10bn [...]