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. [...]
Poppy Gustafsson resigns as investment minister September 5, 2025 UK investment minister Baroness Poppy Gustafsson is stepping down less than a year after the former boss of cyber security firm Darktrace was appointed to the role by Prime Minister Keir Starmer. Gustafsson is understood to be leaving to spend more time with her young family, with the announcement due in the next few days. [...]
London Stock Exchange boss: Fix underinvestment for growth September 5, 2025 The boss of the London Stock Exchange has urged the government to fix investment in capital markets to achieve economic growth. Dame Julia Hoggett, the chief executive of the London Stock Exchange, has backed the new ‘Tell Sid’-style campaign announced by Chancellor Rachel Reeves this year in a bid to get Brits investing. Hoggett told [...]
Tube strikes: RMT given 24 hours to avoid travel carnage September 5, 2025 Transport for London has warned the RMT union that it has just 24 hours to stop a major tube strike next week, which is set to shut down every Underground line and the DLR. The union has rejected a pay deal and made a series of demands around working hours and perks, making a settlement [...]
JLR staff told to stay at home amid massive cyber attack disruption September 5, 2025 Thousands of workers at Jaguar Land Rover (JLR) were told to ‘stay at home’, and customers are facing major delivery delays after a cyber attack forced the company to shut down production across its plants. The incident, which began on Sunday, halted the UK’s biggest carmaker’s operations at sites in Solihull, Halewood, Wolverhampton and Castle [...]
London City Lionesses spend world record £1.4m on Grace Geyoro September 5, 2025 London City Lionesses have made a huge statement of intent on the eve of their Women’s Super League debut by signing France star Grace Geyoro for a new world record fee of £1.43m. The Bromley-based club, who are bankrolled by billionaire women’s football investor Michele Kang, have overhauled their squad with 17 new signings since [...]
Uber’s UK arm warns on profit amid rising costs September 5, 2025 Uber has warned it may not remain profitable in the UK because of rising costs despite its revenue surging by more than £1bn during its latest financial year. The US giant has said it will need to generate and sustain increased revenue levels while lowering proportionate expenses in the coming years “to achieve profitability in [...]
Ashmore: Preparing for emerging market growth September 5, 2025 Emerging markets specialist Ashmore reported a decline in total adjusted net revenue of 22 per cent to £146.5m in its latest fiscal period. Net management fee income declined 19 per cent to $129.7m, (£95m) causing a margin drop to 35 basis points from the 39 recorded last year. AUM stood at $47.6bn, a 3 per [...]