Reeves denies authorising Budget leaks December 9, 2025 Chancellor Rachel Reeves has rejected accusations that she authorised leaks of the Budget to media outlets in the run-up to her statement, which led to sharp turns in bond markets and worsening business confidence. During Treasury Questions on Tuesday afternoon, Reeves was asked by her counterpart Mel Stride whether she authorised or allowed confidential details [...]
Goalhanger profit soars as Gary Lineker-owned podcast firm attracts global audience December 9, 2025 Profit at Gary Lineker-owned production group Goalhanger has soared as the media group continued to build up a global audience for its portfolio of podcasts. The group’s retained earnings, a measure of the total profit accumulated since the firm was founded, more than tripled to £4.6m in the seven months to the end of December [...]
Bolt targets 100,000 driverless cars by 2035 December 9, 2025 Bolt is accelerating its self-driving mission with a new hardware partnership with Stellantis, it was announced on Tuesday. Together, both firms will deploy 100,000 autonomous vehicles on its platform within the next decade. Trials are to kick off across European hubs from 2026, placing the mobility platform ahead in the AV race. The deal will [...]
AI to answer your 101 calls, leaving 999 calls to humans December 9, 2025 “It’s not unusual for us to see 5,000 calls in 24 hours,” chief superintendent of the Thames Valley police department, Simon Dodds, told City AM. “Prioritising 999 over everything else is a real challenge”. That pressure has pushed his department, as well as the Hampshire & Isle of White Constabulary, to use AI agents. Their new [...]
Londoner’s bid for rugby league’s Salford Red Devils has six-figure backing December 9, 2025 A Londoner who played for Salford Red Devils has said he has six-figure backing for a bid to rescue his fallen former club. Mason Caton-Brown has submitted an offer to buy the former Super League team after they were liquidated with debts of around £4m, ending a 152-year history in rugby league. His Salford Red [...]
City of London considers outside investment for housing projects December 9, 2025 The City of London is considering bringing in outside investors to help fund housing projects in the Square Mile. A partnership would be the first time the Square Mile has brought in outside investment for housing in the Corporation’s nearly 1000-year history. The Corporation, which manages 1,800 social rented homes as well as 900 leasehold [...]
Pro Climbing League names London first venue for new bouldering tour December 9, 2025 London is the first venue to be announced for the new Pro Climbing League, with Team GB’s Olympic champion Toby Roberts among those set to compete. The indoor bouldering competition is to be held at Greenwich venue Magazine London on 28 February and feature 16 of the world’s leading climbers, including Paris 2024 gold medal [...]
UBS chief strategist: Market is not in a ‘bubble’, but US debt poses the real risk December 9, 2025 Despite narrow market leadership that mirrors the crashes of the 1970s and 1990s, the equity market is not currently in a ‘bubble,’ according to UBS Investment Bank Chief Strategist Bhanu Baweja. Speaking at Abu Dhabi Finance Week, Baweja addressed investor concerns that just nine companies in the Russell 3000 have driven 72 per cent of [...]
UK legal sector books double-digit revenue growth in 2024 December 9, 2025 Total revenue from legal activities in the UK reached a record £52.3bn in 2024, up 11 per cent from 2023, according to a new report by TheCityUK, published in partnership with Barclays. The UK boasts the world’s second-largest legal services market, trailing only the US, thanks to the dominance of English common law. Overall, the [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]