UK fintech Zempler Bank snapped up for less than half previous valuation February 12, 2026 London-based fintech Zempler Bank has been snapped up by Nigeria’s biggest bank in a deal that has slashed the firm’s valuation, City AM can reveal. The small business lender – formerly known as Cashplus – has been acquired by The Access Bank UK with a price tag of around £3.45p per share. The sale represents [...]
Lib Dems would scrap Treasury for ‘Department for Growth’ February 11, 2026 The Liberal Democrats have laid out plans to scrap the Treasury department if elected in favour of a ‘Department for Growth’. Daisy Cooper, the party’s deputy leader and Treasury spokeswoman, said on Wednesday took aim at failed government economic policy and said the Treasury “does too much”. “Fiscal policy, economic policy and controlling government spending. [...]
Reasons to be cheerful in an age of extraordinary technological progress February 11, 2026 Headlines are dominated by the oncoming AI apocalypse. The 21st century, far from being an age of decay, may prove to be the most creative and constructive period in human history, says Madsen Pirie We are told that the world is in irreversible decline. Newsfeeds deliver a daily diet of disasters, wars, fires, floods, political [...]
Households to pay more for BBC TV licence, government confirms February 6, 2026 Households across the country will see their bills rise after the Labour government increased the TV licence fee that funds the BBC. The Department of Culture, Media and Sport said on Friday that the annual levy will be increased to £180 from 1 April. This marks a £5.50 yearly increase. The move follows rules brought [...]
Majority of landlords to hike rent due to Reeves’ tax raid February 6, 2026 The majority of landlords increasing rents blamed Rachel Reeves’ new tax on property income from April next year, a survey has shown. According to the National Residential Landlords Association (NRLA), two thirds of landlords (65 per cent) raising prices over the next year cited the government’s plans to charge a two percentage point tax rate [...]
New Years optimism wears off as economic expectations drop February 4, 2026 New Year’s optimism is beginning to fall away with the number of people expecting the economy to improve this year falling at the start of February. According to the latest City AM/Freshwater Strategy poll of UK voters, the number of people expecting the economy to improve in the next 12 months has fallen by four [...]
London, Oxford and Cambridge suffer steepest housing cost burden January 26, 2026 Londoners spend more on rent and housing than anywhere else in the country, according to a new report which highlights the economic cost of the capital’s housing crisis. The research found that residents of London spend 19 per cent of their outgoings on housing on average, although it noted that many renters and young homeowners [...]
James Reed: Usual January job hunting surge delayed by WFH January 26, 2026 The first Monday of the working year has long been the busiest day for job searches, but that's slowly changing, writes James Reed.
Labour ruling committee block Andy Burnham from by-election race January 25, 2026 Andy Burnham has been blocked from running as the Labour candidate in the forthcoming by-election in the North West. The Manchester Mayor lodged his request for selection in the Gorton and Denton race on Saturday following Andrew Gwynne announcing his intention to step down. Speculation had mounted Burnham would face opposition from Labour’s governing body [...]
‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis? January 22, 2026 Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]