Revolut takes step closer to US bank launch after clearing key regulatory hurdle Banking Revolut has taken a step closer to launching a bank in the US after clearing a major regulatory hurdle. The Canary Wharf-based business has received conditional approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter. The UK’s biggest fintech is progressing its application with the Federal Reserve [...]
Giving up vegan arm helps Britain’s biggest meatpacker eye profit surge Markets The UK’s biggest meatpacker has upgraded its profit target after offloading its loss-making vegan arm. FTSE 250 listed Hilton, which packages beef, lamb and fish, said it now expected to make a pre-tax profit of between £66m and £71m, a 10 per cent uplift from its previous forecast range. That comes after the firm sold [...]
Andrew Griffith: Burnham ‘making up stories’ about my role in Truss Budget Politics Andrew Griffith has accused Andy Burnham of “making up stories” about his involvement in the disastrous Liz Truss mini-Budget as the new Conservative shadow Chancellor fends off a barrage of attack lines from the Prime Minister following his appointment by Kemi Badenoch on Monday. Addressing the House of Commons on Tuesday and again at Prime [...]
Andrew Griffith: My FTSE 100 experience means I know how to balance the books September 3, 2026 Andrew Griffith’s fierce interest in politics long preceded his involvement in it. Aged 26, he appeared in the audience of a 1997 Question Time show, in which host David Dimbleby gave him the opportunity to speak to would-be PM Tony Blair. He didn’t hold back. “You may be the glossy smart marketing, but you haven’t [...]
Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham September 2, 2026 Lord Jim O’Neill has warned a hike to capital gains tax “looms out” as one of the easiest revenue-raising options for Andy Burnham and his chancellor, John Healey, as the pair draw up plans for their first Budget in October. “They’ve ruled out the three main taxes, so if they’re going to have to find [...]
Trio of firms poised to quit London Stock Exchange as exodus gathers pace September 1, 2026 The scale of the exodus from the London Stock Exchange has been laid bare on the first trading day back from the summer break after three listed companies simultaneously unveiled plans to exit the market. FTSE 250 members Bodycote and Gamma Communications, as well as energy firm Capricorn, each laid out fresh offers to be [...]
Stealth taxes intensify London first time buyer struggle September 1, 2026 A raft of government stealth taxes is driving the London property market even further into unaffordability for first time buyers, fresh research has found. Freezes in tax bands and thresholds means the average home in the capital now accounts for an eye-watering 14.7 times average earnings after accounting for stamp duty, national insurance and income [...]
Google Pixel 11 review: Can this new smartphone lure away iPhone users? August 20, 2026 Two years ago I reviewed Google’s folding phone and I was blown away. The extra screen real estate was transformative, particularly for someone like me who spends most of their time on smartphones reading. So enamoured by this device did I become that I ditched my previous handset and made it my own. I confidently [...]
Asda credit card firm Jaja faces 15 per cent loan interest as debt pile swells August 18, 2026 The company behind the Asda credit card has added to its debt pile after posting a widening loss. Jaja Finance, which operates the supermarket’s card alongside its own credit card services, has drawn down nearly £50m from a debt facility since March, for which it pays an eye-watering 15 per cent annual interest rate. That’s [...]
London’s Square Mile needs its own major sports venue to keep up with rivals August 18, 2026 As sport ramps up after a summer break, Simon Hunt argues that the Square Mile needs its own major sports venue – for the sake of the City of London’s future. Picture the scene: it’s just hit 5:30pm on a sunny Thursday evening in the office. You and your colleagues look around for something to [...]
