After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Thames Water buys time for rescue deal with delayed debt payments Water Thames Water has laid out plans to push back debt repayments worth more than £12bn by a year, as the embattled utility looks to buy time to secure a rescue deal. Bosses at the country’s largest water company, which provides services to about 16m customers mainly in London, have proposed a deal to delay some [...]
Barclays opens new Saudi office despite government travel warning Banking Barclays has opened the doors to a new office in the capital of Saudi Arabia despite ongoing government warnings of further attacks following hostilities in the region. The UK-headquartered bank said on Monday it had opened its new hub in Riyadh’s financial district as it looks to build out business in the region. But it [...]
‘Dear CEO’: Union reps hit chief executive inboxes at 12.03am Business Union bosses flooded chief executives’ email inboxes at 12.03am, minutes after new workers’ rights rules came into effect, it has been reported. GMB representatives contacted thousands of company chiefs with a template email starting “Dear CEO” on 30 October, according to the Sunday Times. The emails reportedly informed bosses of employees’ legal rights to access [...]
New Mandelson files to be released ‘by Christmas’ November 5, 2026 New files relating to Lord Peter Mandelson’s appointment as US ambassador are expected to be published by Christmas, City AM can reveal. The senior civil servant Cat Little has written to MPs, saying the Metropolitan Police has allowed the government to publish new files which were previously held back by the Metropolitan Police pending an [...]
Will Andy Burnham’s stockpile missive start a tinned food revolution? November 5, 2026 If you are old enough to remember 70s London you will have heard of Big Biba, the fashion retailer that expanded into a huge, seven-storey department store on Kensington High Street in 1974. The opening of Big Biba mesmerised Londoners: the shopping experience was unlike anything else. The walls were adorned with groovy patterns while [...]
OBR warns Healey: Stealth taxes to blame for living standards slump November 4, 2026 Stealth taxes are one of three main reasons that British households are set to suffer near-stagnant disposable income growth in the current decade, the government’s budget watchdog has said. Office for Budget Responsibility chief Professor David Miles said that fiscal drag, whereby a freeze on income thresholds pulled more people into higher tax rates as [...]
Haigh refuses to say when Labour will ‘get welfare bill down’ November 4, 2026 Andy Burnham’s deputy Louise Haigh refused to say when Labour will “get the welfare bill down” while adding the government would aim to “invest in success” when asked whether more taxes would cover increases in the benefits bill. Haigh, who is referred to as the Prime Minister’s “enforcer” and stood in for Deputy Prime Minister’s [...]
Marks & Spencer boss accuses Labour of ‘biggest tax grab in history’ November 4, 2026 Marks & Spencer boss Stuart Machin has accused the government of mounting “one of the biggest tax grabs in history” in a scathing attack on Labour’s efforts to boost economic growth. The retail boss told reporters that the three Budgets since Labour came to power have resulted in about £73bn in extra taxes, claiming the [...]
Shabana Mahmood has caved to her party’s worst instincts on immigration November 4, 2026 Shabana Mahmood’s climbdown will cost taxpayers billions and entrench state overreach, says Rakib Ehsan While home secretary Shabana Mahmood’s climbdown over her settlement reforms will delight some within her own party, it will disappoint many who believed that the Burnham Government would address growing public concerns over sensitive matters of immigration, integration, and identity. Mahmood’s [...]
Minimum wage hikes push up cost of employing a single worker ‘by over £4,000’ November 3, 2026 Minimum wage increases brought forward by the Labour government have pushed up the annual cost of employing a single worker by over £4,000, new analysis has shown, adding to a mountain of cost pressures facing businesses. Estimates by the Centre for Policy Studies, a free-market think tank, found that between 2024 and 2027 the annual [...]