Healey urged to drop ‘death tax’ holding back family businesses September 14, 2026 John Healey has been urged to drop a so-called “death tax” which business leaders say means family firms are losing out to overseas investors. The Chancellor has been told to unwind sweeping reforms to inheritance tax, made by his predecessor Rachel Reeves, which family businesses say undermine the government’s attempts to drive economic growth through [...]
Ministers poised to nationalise second steel firm September 14, 2026 The government is poised to take the UK’s third-largest steelworks into public ownership, after months of talks to find a buyer broke down. Business secretary Jonathan Reynolds said on Monday that ministers would seek to use recently ratified legislation to nationalise Speciality Steel UK (SSUK) from failure, a matter of weeks on from a similar [...]
500m bricks ‘just sitting there’ as 1.5m homes target looms September 14, 2026 There are half a billion bricks lying unused in Britain, it has been revealed, piling fresh pressure on the government’s “stretch target” of building 1.5m homes by the next election. As many as 500,000,000 bricks – enough to build 50,000 homes – are “just sitting there” in factory yards across the country, the GMB Union [...]
Gaming platform Roblox sues British charity September 14, 2026 The group behind US gaming giant Roblox is suing a UK food brand and its philanthropic arm over alleged intellectual property infringement. Roblox Corporation, the Californian video game developer, filed a lawsuit in the London High Court on Friday against Roc Co, a British grocery business, and its charity arm, according to filings seen by City [...]
Microsoft vows AI will ‘always work in service of people’ as safety fears spread September 14, 2026 Microsoft has drawn up new limits for its homegrown AI models after Silicon Valley’s sudden reckoning with the risks of increasingly powerful systems spreads to one of its biggest companies. The US tech giant published a provisional code of conduct on Monday that requires its future models to remain under human control, accept correction, shut [...]
Battersea Power Station enters final ‘playful’ phase of £5bn project September 14, 2026 Battersea Power Station has entered the final phase of its £5bn regeneration project after its Malaysian owners submitted plans for the site’s remaining 16 acres. The neighbourhood’s newest development will add as much as 3.2m sq ft of residential, commercial and leisure space to the area, more than 15 years on from the original plans [...]
Fifpro demands Fifa Council probe amid Infantino World Cup sell-off row September 14, 2026 Global footballers’ union Fifpro has called for an independent review of the Fifa Council’s powers after it was apparently sidelined by Gianni Infantino’s World Cup sell-off plan. The call comes in a communique issued as it published new research showing that the vast majority of value created at this year’s World Cup derived from Europe. [...]
Crispin Odey loses appeal to overturn lifetime financial services ban September 14, 2026 Former hedge fund tycoon Crispin Odey has failed to overturn a £1.8m fine and lifetime ban from working in the financial services industry. The Financial Conduct Authority (FCA) earlier this year hit Odey with the fine and banned him from working in the industry after a series of historic sexual assault allegations from former female [...]
Bank of England poised to slow bond sale programme September 14, 2026 The Bank of England is likely to slow its unusual approach to offloading gilts after conceding it had pushed up borrowing costs at a time when government bond yields have hit near-record highs, economists have predicted. The Bank’s Monetary Policy Committee will vote to reduce the pace of its ‘quantitative tightening’ programme from £70bn to [...]
Golf: Scottish ‘ghost course’ by Gleneagles set for overseas buyer September 14, 2026 A top private golf course in Scotland bordering Gleneagles is expected to be sold to an overseas buyer for tens of millions of pounds. Perthshire venue gWest Golf Course, dubbed Scotland’s Ghost Course, was supposed to be a £500m exclusive resort with a six-star hotel but has remained largely closed since 2009. But it is [...]