Rayner out: What is happen next for Labour’s cabinet? September 5, 2025 Following Angela Rayner’s resignation from her roles as deputy prime minister, housing secretary, and deputy leader of the Labour Party, what are the following steps to replace her? Rayner admitted to having underpaid stamp duty on her £800,000 seaside flat in Hove, and referred herself to the ethics watchdog Sir Laurie Magnus on Wednesday. On Friday, [...]
What next for Tottenham Hotspur after Daniel Levy departs? September 5, 2025 When it finally came, Daniel Levy’s departure as chair of Tottenham Hotspur took everyone by surprise – even those within the club. On Thursday, just before 6pm, Spurs announced that the man tasked with running the club for the Lewis family for almost a quarter of a century was stepping down. Before the evening was [...]
Private equity deals bounce back after sluggish start to the year September 5, 2025 UK private equity deals bounced back in the later stage of the first half of 2025, as investors became increasingly optimistic about growth opportunities. The total deal value for UK private equity deals dropped 5.3 per cent to £55.7bn, broadly mirroring the rest of Europe, according to new analysis from financial data platform PitchBook. However, [...]
Nigel Farage: City regulator ‘is a disaster’ September 5, 2025 Nigel Farage has branded the Financial Conduct Authority a “disaster” as he promised his party would overhaul the City’s regulatory landscape. The Reform UK leader – who is hosting the party’s annual conference this weekend – is a strong contender to take the keys to 10 Downing Street in the next general election. Allies of [...]
Savers race to withdraw pension lump sums over tax concerns September 5, 2025 UK pension savers rushed to withdraw their tax free cash over the past financial year, as they braced themselves for possible changes to tax rules on retirement funds. The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent in the 2024/25 financial year to £18.1bn, up from £11.25bn the [...]
UK firms race into AI as Peter Kyle urges regulators to keep pace September 5, 2025 Tech consultancy firm Capgemini has urged that, despite businesses racing to roll out generative artificial intelligence (genAI), most remain aptly unprepared for the governance challenges it will bring. This warning comes just as the UK government leans on the technology to sharpen its competitive edge and cut red tape. The French consultancy’s AI survey, published [...]
Bodycare: Full list of stores to close as 450 jobs lost September 5, 2025 High street health and beauty retailer Bodycare has collapsed into administration with the loss of 32 stores and around 450 jobs being made redundant. Nick Holloway, Chris Pole and Mike Leeds from Interpath have been appointed joint administrators to G.R. & M.M. Blackledge plc, which trades as Bodycare. Founded in 1970 on a market stall [...]
Rayner resigns: Legal advice excuse falls flat in tax duty scandal September 5, 2025 Angela Rayner threw her lawyers under the bus over her brewing tax scandal, but the lawyers rebutted, citing the “arrows stuck” in their backs, as experts insisted she shouldn’t have hid “behind legal advice”. When it emerged that Rayner had underpaid £40,000 in tax on her £800,000 property in Hove, it prompted calls for her [...]
Mike Tyson v Floyd Mayweather to ‘give boxing fans what they want’ September 5, 2025 The trend of big-name but ill-matched money-spinning exhibition boxing fights is set to continue after Mike Tyson and Floyd Mayweather Jr agreed to face off next year. It comes after 59-year-old Tyson’s bout with 28-year-old YouTuber Jake Paul last year became the most-streamed live sports event ever, drawing 65m concurrent views on Netflix. No broadcaster, [...]
Angela Rayner resigns September 5, 2025 Angela Rayner has resigned as deputy prime minister, housing secretary and deputy leader of the Labour Party after being found in breach of the ministerial code. This comes as an inquiry led by ethics watchdog Sir Laurie Magnus, after the now-former deputy prime minister admitted to underpaying stamp duty on her second home in Hove. [...]