Kemi Badenoch: Labour presiding over ‘tax doom loop’ September 9, 2025 Opposition leader Kemi Badenoch has accused the Labour government of leading the UK into an economic crisis of low growth and high spending, as she urged the government to prioritise deep welfare cuts over increasing taxes at the Autumn Budget. In a speech delivered to the Institute of Chartered Accountants’ Hall, Badenoch called out the [...]
Top Tory slams Anglo American’s move to relocate HQ to Canada September 9, 2025 Anglo American will merge with Canada’s Teck Resources in a $50bn (£36bn) deal, shifting its headquarters to Canada and reducing its London presence in a move criticised by shadow business secretary Andrew Griffith. The Tory MP said it represents a blow to UK business and confidence in London. The new entity, to be called Anglo [...]
Clearbank brings fintech revolution to corporate banking September 9, 2025 UK fintech Clearbank has laid out plans to power up its embedded banking services and take on legacy banks on a new battlefield. The firm said outdated “one-size-fits-all” approaches from centuries-old high street banks were “no longer fit for work” and set out plans to challenge traditional transaction services in areas like travel, hospitality and [...]
London fintech Monese says it needs more cash to survive after Pockit takeover September 9, 2025 Monese has warned it will need fresh investment if it is to survive for another year as the London fintech embarks on a change in strategy to put itself on a firmer financial footing. The current account and money transfer business, which last year was acquired by fintech firm Pocket in a rescue deal, said [...]
Ben & Jerry’s founders call for release from parent company on social justice grounds September 9, 2025 The co-founders of Ben & Jerry’s have written to the board of The Magnum Ice Cream Company (TMICC) and Magnum’s potential investors, requesting that the brand be released from the conglomerate. “Ben & Jerry’s was founded on a simple but radical premise: that our business could thrive and make outstanding products whilst standing up for progressive [...]
Newcastle unveil new logo after major Red Bull investment September 9, 2025 Newcastle have unveiled their new branding having been purchased by energy drinks giant Red Bull in the summer. The Prem Rugby club faced severe financial woes last season but could now, theoretically, be one of the wealthiest clubs in the game after being given “wiiings” by their new owners. Red Bull’s sporting portfolio contains a [...]
Rachel Reeves defends Labour against bond market selloff September 9, 2025 Chancellor Rachel Reeves has launched a defence of Labour’s economic record and blamed her Tory predecessors for the mass selloff in the gilt market despite growing criticism of the government’s fiscal policies. In a parliamentary session before MPs, Reeves said the government had made “fully funded and fully costed” plans to support its £190bn splurge [...]
Custom House hotel redevelopment gets green light September 9, 2025 The restoration and conversion of Custom House has been approved by the City of London corporation after sitting empty for four years. The Grade 1-listed building on Lower Thames Street will be turned into a new 179-room hotel, opening up the historic building to the public for the first time. The site will feature a [...]
Nottingham Forest hire Postecoglou after brutal midnight Nuno axeing September 9, 2025 Nottingham Forest have announced former Spurs manager Ange Postecoglou as their new boss, just hours after sacking Nuno Espirito Santo. The Portuguese former manager led Nottingham Forest to Europa League qualification last term but found himself out of a job at midnight last night, despite the 51-year-old signing a new contract in the summer, having [...]
Race for Labour deputy reignites wealth tax debate September 9, 2025 Labour’s Islington South and Finsbury MP Emily Thornberry has thrown her hat in the ring for Labour deputy leader and proposed a new wealth tax as part of her campaign, prompting Chancellor Rachel Reeves to strike down calls by ruling out its introduction. Thornberry, the former shadow foreign secretary under Jeremy Corbyn’s leadership who now [...]