Can Peter Kyle deliver a Budget lifeline for UK’s SMEs? September 15, 2025 Chancellor Rachel Reeves is set to deliver her Autumn Budget on 26 November, nearly a month later than usual, and eyes are on what she will do for the SMEs. With borrowing costs hitting their highest levels since 1998, and servicing the national debt topping £100bn a year, the government has been urged to maintain fiscal [...]
EU far-right Patriots engulfed in legal battles over funding headwinds September 15, 2025 Europe’s far-right Patriots for Europe is engaged in legal action over the European Parliament’s accusation that it misused funds, as well as a battle to have withheld public funds returned. The Patriots for Europe, formerly the Identity and Democracy Party, surged to the third-largest group in the Parliament following the European election held last year, [...]
Tory MP Danny Kruger defects to Reform September 15, 2025 Kemi Badenoch has suffered a major blow after sitting Tory MP Danny Kruger defected from to Reform. The Wiltshire MP has been put in charge of Nigel Farage’s preparations for government, in a major coup for the insurgent party that has been dominating the opinion polls. At an event on Monday morning, Kruger announced that [...]
British Basketball Federation and SLB clubs welcome Fiba intervention September 15, 2025 The British Basketball Federation and Super League Basketball clubs have welcomed Fiba’s decision to establish a taskforce to help resolve the bitter dispute splitting the sport. World governing body Fiba has intervened following months of civil war over the British professional game, which has plunged the future of the club game into uncertainty. In a [...]
Exclusive: FCA licence approvals slump September 15, 2025 As few as six e-money licence applications have been granted by the UK’s financial regulator over the past 9 months, City AM can reveal, underscoring the scale of the regulatory obstacles faced by Britain’s fintech startups. Data obtained by City AM via Freedom of Information request showed that not a single authorised electronic money institution (AEMI) licence [...]
Nuclear plants to be built faster in UK-US energy deal September 15, 2025 Nuclear plants could come online faster in a new deal between the UK and the US aimed at boosting growth in the sector and bolstering energy security. Under plans set to be signed off during US president Donald Trump’s state visit to the UK this week, the time for a nuclear project to get a [...]
Britain faces ‘looming’ crisis without spending cut, says Mel Stride-backed report September 15, 2025 Britain faces a looming fiscal crisis without reigning in spending and boosting the competitiveness of the City, according to a new report. With annual per capita growth stagnating and public spending ballooning, the government needs to bring growth back to the economy and boost living standards, according to the Centre for Policy Studies (CPS) report [...]
OpenAI: The Big Tech that took your job wants to get you a new one September 15, 2025 London’s job market is feeling the squeeze. Permanent hires fell for the fifth month in a row, while temporary placements have tumbled for the twentieth consecutive month, according to KPMG and the Recruitment & Employment Confederation (REC). Rising costs, tax raids, and the ongoing impact of AI on entry-level roles have left employers cautious and [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks September 15, 2025 Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
London fintech eyes IPO as Klarna’s listing puts pressure on the City September 15, 2025 UK card reader firm SumUp is weighing a stock market listing that could value it at up to $15bn (£11.04bn) – a move that could deliver a rare win for the London Stock Exchange, though the firm is also considering New York amid doubts over the City’s appeal. The London-based fintech, which makes card readers [...]