Heathrow rejects calls to put affordability at heart of third runway debate October 14, 2026 Affordability should not be included in the scorecard that the government sets third runway developers, Heathrow’s operations chief has told MPs, rejecting industry concerns that costs could spiral after ministers rubber stamp a design. Helen Elsby, the chief solutions officer at Heathrow Airport Limited, said the project’s frontrunner was “absolutely aligned with the criticality of [...]
Oxford AI chip startup raises $125m to tackle data centre power crunch October 14, 2026 Oxford-based chip startup Salience Labs has raised $125m (£94m) from investors, including AMD and Intel, as the race to build AI data centres puts growing pressure on electricity supplies. The funding round, led by Bullhound Capital, is set to help the British firm scale production of its photonic chips, which use light rather than electrical [...]
Burnham denies Man City chiefs raised Premier League charges October 14, 2026 Prime Minister Andy Burnham has denied Manchester City representatives raised the Premier League charges against the club during his past meetings with them. The former Mayor of Manchester was forced to address accusations that he had fudged the truth after reports this week suggested meetings with senior Manchester City figures, notably chairman Khaldoon Al Mubarak, [...]
Ofcom warns X over illegal content despite moderation improvements October 14, 2026 Ofcom has warned Elon Musk’s X it is still failing to effectively tackle illegal hate and terrorist content despite improvements in how quickly the platform responds to reports. The UK watchdog said on Wednesday that X’s first quarterly performance report showed it was meeting agreed deadlines for reviewing suspected illegal material, but raised concerns about [...]
Everyman to become the first company to ditch Aim for Pisces market October 14, 2026 Luxury cinema chain Everyman is set to ditch its London listing for a private markets platform, after facing heavy pressure from key shareholders. The London-headquartered group is set to join Asset Match’s Private Intermittent Securities and Capital Exchange System (Pisces) on 12 November, subject to shareholder approval on 30 October. The move would make Everyman [...]
Wayfair among firms hit with £6m fine for ‘misleading’ sales tactics October 14, 2026 Online retail giant Wayfair is among three firms fined £6m by the competition watchdog for misleading sales tactics. The Competition and Markets Authority (CMA) said on Wednesday it fined Wayfair £4.8m for misleading customers with false limited-time offers that did not end when they said they would. This follows an investigation in which the CMA [...]
Board member of Royal designer threatens to sue activist investor October 14, 2026 A board member of the under-fire interior designer favoured by the King threatened to sue the founder of its biggest shareholder in a tussle over pay. Patrick Lewis, who sits on the board of London-listed Sanderson Design Group, warned the boss of LBV Asset Management against “potentially defamatory allegations” after he questioned the pay packets [...]
Activist investor urges storage firm Big Yellow to put itself up for sale October 14, 2026 Shares in storage firm Big Yellow bounced on Wednesday after an activist investor urged the company to put itself up for sale. The FTSE 250 self-storage provider jumped more than five per cent to 844p after Ancora Alternatives, which owns four per cent of the group, told it to consider a take-private deal. The Ohio-based [...]
UK state growing at faster pace than France after spending splurge and tax hikes October 14, 2026 The size of the British state is growing by a larger amount than any other G7 nation apart from Germany since the pandemic in 2020, figures on government spending from the International Monetary Fund have shown. The IMF’s latest report on countries’ fiscal outlook shows that UK government spending is set to rise by 5.2 [...]
Dispatch from David Cameron’s 60th bash: Party talk turns to politics October 14, 2026 Should Andy Burnham call a snap election? Emily Sheffield reports from the political tittle tattle field of David Cameron's 60th party.