Life after Starmer: What could a new Labour prime minister mean for your money? May 12, 2026 It could soon be time to face the music for Keir Starmer after dozens of MPs called for the Prime Minister to throw in the towel, which could unleash months of speculation and uncertainty. Leading frontrunners for the top job include the Manchester mayor Andy Burnham, former deputy PM Angela Rayner and health secretary Wes [...]
Mike Ashley wins trademark appeal, throwing out eye-watering damages bill May 12, 2026 The retail empire of business tycoon Mike Ashley has won an appeal challenging damages awarded in a trademark infringement claim, sidestepping paying a potentially stinging bill. The judgment follows a longstanding legal dispute between the discount sports retailer and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which argued Ashley’s Sports [...]
Wealth managers shares fall amid Starmer political storm May 12, 2026 A host of the City’s top listed wealth managers suffered sharp sell-offs on Tuesday morning as questions over Starmer’s future caused government borrowing costs to soar. Investors have been on alert since fears of a rebellion against Starmer began after last week’s local election results, with the spike in gilt yields now triggering a sell [...]
Oil price rockets to wartime high as Trump eyes fresh military action in Iran April 30, 2026 Brent oil surged to a new high during early-morning Thursday trading after reports that US president Donald Trump is set to receive a briefing on new military operations in Iran, raising fears over an end to the fragile ceasefire between the two nations. The global benchmark surged as much as 7.1 per cent this morning, [...]
Starmer to face vote over Peter Mandelson sleaze inquiry April 25, 2026 Keir Starmer will face a vote on whether he should be referred to a parliamentary sleaze inquiry over claims that he misled the House of Commons about the appointment of Mandelson as ambassador to the US. The prime minister said earlier this week that Downing Street had put no pressure “whatsoever” on the Foreign Office, [...]
Banks brace for potential tax raid if Starmer is ousted April 25, 2026 Banks in the UK are bracing for potential tax raises, as expectations that Keir Starmer could soon be replaced by a more leftwing Labour politician continue to grow. The banking sector narrowly evaded a tax increase in last year’s Autumn Budget after chancellor Rachel Reeves sought reassurance that they would boost lending in the UK [...]
Mike Ashley appeal case confronts ‘unjust’ trademark claims April 21, 2026 Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]
Tankers report being fired upon as Tehran closes Strait of Hormuz again April 18, 2026 Merchant vessels have said they were hit by gunfire as they attempted to cross the Strait of Hormuz, the first indication that Iran’s re-closure of the waterway has been enforced. Iran’s military reimposed restrictions on the Strait of Hormuz again after accusing the US of violating the deal to reopen it, throwing the world’s energy [...]
Jamie Dimon eyes high interest rates, uneven lending and IPO dearth in JP Morgan shareholder letter April 6, 2026 One of the biggest names in global banking issued a stark warning about global political uncertainty and the potential threat of higher asset prices on Monday, while pointing to the faltering pipeline for company flotations. Jamie Dimon, the chief executive of JPMorgan Chase, added his voice to a debate raging in world financial centres on [...]
US markets hold steady after Trump’s expletive weekend ultimatum April 6, 2026 US markets held their nerve on Monday, as Wall Street traders returned to their desks for the first full session after President Donald Trump’s explosive, expletive-strewn demands for Iran to re-open the Strait of Hormuz. Brent crude oil held the $107-a-barrel mark. But the global benchmark eased overall, by $1.50 to $107.54. European stock exchanges [...]