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Peter Kyle

  • Financial Reporting Council chair Sir Jan du Plessis to retire

    February 11, 2026

    The chair of the audit watchdog, Sir Jan du Plessis, has announced his intention to step down from the role at the end of September, when he will retire from corporate and public life. Over his career, the businessman has served as non-executive chairman of BT Group, non-executive chairman of Rio Tinto Group, and as [...]

  • Britain’s growth slumps and the Business Secretary scratches his head

    February 4, 2026

    Having spent another day wading through the Epstein-Mandelson email traffic I was going to write another column about how unbelievably grubby the revelations are, but it’s too depressing. So, I thought I’d focus on something more cheerful; the latest downgrades to the UK’s economic growth forecasts. On his visit to China alongside the PM, the [...]

  • Arm boss says lack of risk appetite ‘holding UK back’

    February 2, 2026

    The chief executive of British semiconductor company Arm has said the UK’s lack of risk appetite is holding businesses back. Speaking on the Master Investor Podcast with Wilfred Frost, Rene Hass, who leads the Nasdaq-listed firm Arm holdings, said startups in the UK struggled to grow because of scale opportunities in the UK arising from [...]

  • Starmer warned on ‘severe’ risk of trading with China

    January 28, 2026

    Keir Starmer has been warned about the “severe” risk of trading with China as he said building economic relations with the world’s second largest economy would drive growth.  The Prime Minister landed in Beijing on Wednesday for meetings with Chinese officials including President Xi Jinping in the coming days.  He has been joined by City [...]

  • Investor hits out at Peter Kyle for ‘picking winners’ 

    January 24, 2026

    Business secretary Peter Kyle has come under fire over his admission the government would be “picking winners” across the UK economy.  The former Gail’s and Pizza Express investor Luke Johnson hit out at Kyle’s “arrogance and equal measure” for comments on the Labour government’s approach to investment.  On Friday, Kyle spoke out about the government’s [...]

  • IoD boss joins criticism of Peter Kyle’s U-turn on Audit reform

    January 23, 2026

    The bosses of the Institute of Directors (IoD) and the Chartered Institute of Internal Auditors are among some City leaders hitting back against the government’s U-turn on the Audit Bill. In a scathing open letter to the Business Secretary, Peter Kyle, the leaders called the move “a significant step backwards, particularly after the commitment made [...]

  • Peter Kyle: Tariff tension could delay UK-US trade talks

    January 20, 2026

    Donald Trump’s threat to unleash another round of tariffs on UK goods could delay work on the UK-US trade deal’s final stages, according to business secretary Peter Kyle, who branded the latest tensions “lose-lose” for Britain and America’s economies. The minister for business and trade warned the White House’s move to charge a 10 per [...]

  • Labour scraps Audit Reform Bill to ‘avoid’ costs on firms

    January 20, 2026

    The Audit Reform and Corporate Governance Bill, added into Labour’s first King Speech, is now being scrapped to “avoid significant new costs to firms”. The reform was first raised in 2018 following the collapse of Carillon, but has been on and off the table ever since. The Bill was shelved by the previous government in November 2023 [...]

  • Greg Jackson: London IPO a ‘no brainer’ if capital flows reverse

    January 19, 2026

    Octopus chief Greg Jackson has said choosing London as the destination for the blockbuster IPO of tech spin-off Kraken would be a “no brainer” if the exchange maintains its world-leading performance in 2025 and demonstrates it can lure fresh capital into the UK. In the biggest signal yet that the firm may select London over [...]

  • Ministers to change UK merger rules in bid to speed up deals

    January 18, 2026

    Whitehall is preparing a fundamental reset of the UK’s merger control regime, as ministers seek to accelerate deal-making and strip back some red tape for businesses. The Department for Business and Trade is expected to outline plans this week that would significantly change how the Competition and Markets Authority (CMA) reviews takeovers and sector-wide competition [...]

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