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      Lloyd’s of London allows staff to work from home as heatwave hits the capital

      Lloyds of London building exterior showcasing iconic architecture in the financial district, highlighting business heritage

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      Uefa blasts Fifa over Infantino plan to ‘sell football’s soul’ for $4bn

      Gianni Infantino holding the FIFA World Cup trophy while speaking at a podium.

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      Here we go again: The best roof terrace for yet another heatwave

      Madison rooftop bar, overlooking St Pauls Cathedral.

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Rachel Reeves

  • Bond traders hit out at ‘chorus’ of high tax advocates in No 10

    September 2, 2025

    Bond traders have hit out at the “chorus” of Westminster voices advocating for higher taxes as government borrowing costs soared to the highest level seen this century.  Gilt yields, which feed into the cost the government will have to pay bondholders through debt interest payments, soared to their highest level since 1998, with the interest [...]

  • Budget 2025: Banks to ‘bear the brunt of higher taxes’

    September 2, 2025

    UK banks will be the top target as Rachel Reeves looks to drum up cash in the Autumn Budget, a top economist has said. Chatter around a cash grab directed at banks has escalated over the last week after left-wing think tank the Institute for Public Policy Research (IPPR) proposed that the Chancellor raid the quantitative easing [...]

  • Home Office contractor proposes investor visa for ‘business angels’

    September 2, 2025

    A Home Office contractor has put forward plans for an investor visa to be re-introduced as advisers claimed a targeted entry route for wealthy foreign nationals would be “dramatically beneficial” for the UK economy.  Envestors, an investment service that assesses entrepreneurs applying to enter the UK via the innovator founder visa, has argued that a [...]

  • Private healthcare admissions surge as calls for VAT raid grow

    September 2, 2025

    The number of hospital admissions using private healthcare in the first quarter of the year has bounced back to its pre-pandemic peak. The latest Private Healthcare Information Network (PHIN) data on private healthcare admissions published today revealed that the total number of admissions in the first quarter of 2025 was 241,000. Despite the figure being [...]

  • Klarna confirms second hit at New York listing in snub to London

    September 2, 2025

    Swedish fintech unicorn Klarna has launched its second hit at a listing on the New York Stock Exchange after its initial attempt was derailed by President Donald Trump’s tariff onslaught. The buy now, pay later giant said its IPO price is expected to be between $35 and $37 per ordinary share and hopes to raise [...]

  • After a year as Chancellor, Rachel Reeves has flunked her growth mission

    September 2, 2025

    Rachel Reeves may not get an official exam transcript, but the numbers categorically show she's flunked her growth mission.

  • The spectre of 2008 haunts banks’ push into private credit

    September 2, 2025

    Britain’s biggest banks are trying to grab a slice of the rapidly expanding private credit market, but as they look to grow, memories of the financial crisis are coming back to haunt the lenders. The global private credit market notched $2 trillion (£1.5 trillion) assets under management in 2024 and is expected to grow to $2.8 trillion [...]

  • Keir Starmer’s approval rating sinks to record low 

    September 2, 2025

    Keir Starmer’s approval ratings have hit a record low, a City AM/Freshwater Strategy poll has shown, as pressure mounts on the government ahead of the Budget. Research by City AM and the advisory firm Freshwater Strategy has highlighted the growing discontent among voters over the UK government’s poor performance after a year in office.  Starmer’s [...]

  • Is it time to add infrastructure to your portfolio?

    September 2, 2025

    The UK has, for many years, consistently underinvested in infrastructure compared to its G7 peers. With flagship projects, the country has a terrible track record. In the past year, the long-awaited, controversial high-speed HS2 rail line saw its expansion into the north of England scrapped due to escalating costs. Meanwhile, the Lower Thames Crossing development [...]

  • Brits set their sights on affording comfortable retirement

    September 2, 2025

    British adults have set their sights on affording a luxury retirement, but rising costs have soured some saver’s hopes. Nearly 8m Brits have made securing a comfortable retirement their main financial priority, according to research from consumer banking business Chase. A comfortable retirement allows more financial freedom and luxuries, such as holidays and greater non-essential [...]

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