FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided
‘Here for the long haul’: Reeves defends her position after market turmoil January 17, 2025 Rachel Reeves has insisted she is “here for the long haul” as she defended her position as Chancellor in the wake of bond market turmoil and rising government borrowing costs. The UK’s Chancellor has faced criticism for embarking on a trip to China last weekend while government borrowing costs surged and the value of the [...]
Next: Lord Wolfson warns Budget will make it ‘harder’ to enter workforce January 17, 2025 The boss of retail giant Next has warned that tax rises announced in the Budget will make it “harder and harder for people to enter the workforce”. Lord Wolfson told the BBC that the government’s move to hike national insurance (NI) would disproportionately hit entry-level jobs. “The axe has fallen particularly hard on those entry-level, [...]
Cates to keep Sky Sports role despite getting Match of the Day job January 15, 2025 Kelly Cates is set to keep her role with Sky Sports despite being named as one of three new presenters for Match of the Day, the flagship football show of rival broadcaster the BBC. Cates, who currently anchors Sky Sports’ biggest live Premier League games alongside presenting for BBC Radio 5 Live, will join Mark [...]
Rachel Reeves eyeing spending cuts in spring January 10, 2025 Rachel Reeves is considering cutting departmental spending as UK borrowing costs soar, despite risks it could “dampen” activity and “further dent anaemic” growth. The Chancellor is said to be eyeing further reductions to unprotected government departments’ budgets after she ruled out additional tax rises or more borrowing to avoid breaking her fiscal rules following the [...]
Sadiq Khan urged to declare ‘public order emergency’ after teen stab death January 9, 2025 Sadiq Khan has been urged to declare a “public order emergency” after a 14-year-old boy was fatally stabbed on a bus in Woolwich, south east London. Kelyan Bokassa died shortly after 2.30pm on Tuesday, 7 January, after being treated for stab wound injuries, the Met Police said. His mother, Mary Bokassa, told the BBC she [...]
Starmer: Funding rules may be changed amid Musk’s interest in Farage’s Reform January 8, 2025 The government will look at potential reforms to political party funding, Sir Keir Starmer has said, as0 the Liberal Democrats raised the “spectre” of Elon Musk’s possible donation to Reform UK. Leader Sir Ed Davey asked the Prime Minister to change the rules around party funding amid the US businessman’s continued interest in British politics [...]
Tulip Siddiq reportedly given London flat linked to deposed Bangladeshi leader January 4, 2025 City minister Tulip Siddiq was reportedly given a London flat by a person with links to the deposed Bangladeshi leader. Siddiq, who serves as economic secretary to the Treasury with a brief including “countering economic crime, money laundering and illicit finance” was reported to have been given the two-bedroom property near King’s Cross in 2004, [...]
Record profit for Doctor Who maker Bad Wolf January 3, 2025 Profit at Bad Wolf, the production company behind the likes of Doctor Who, has surged to a new record, it has been revealed. The Wales-based business has reported a pre-tax profit of £10.5m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new total is up from the £7m [...]
Ahead of the Game: Illegal Usyk vs Fury streams dealt heavy blow December 23, 2024 Illegal streaming services appear to be in retreat judging by the collapse of viewing figures for last weekend’s Oleksandr Usyk vs Tyson Fury rematch compared to the original world heavyweight title fight between the pair in May. Analysis conducted for City AM by online intelligence platform Yield Sec identified a peak audience of 3.2m illegal [...]
BBC Match of the Day decision to cost bookies a triple payout December 18, 2024 The BBC will bash the bookmakers if, as expected, it names Kelly Cates, Gabby Logan and Mark Chapman as the successors to Match of the Day presenter Gary Lineker. Multiple betting firms offered markets on which host would replace Lineker when he vacates the hotseat after a quarter of a century in the job at [...]