She championed consumers, but can Lucy Rigby MP steer the City? September 11, 2025 Lawyers, journalists, and Westminster insiders have long dominated the British political system, and this Labour government is no exception, with a former barrister at the helm. Now, the minister responsible for the City has joined the list. But who is Lucy Rigby MP? That was the question on everyone’s lips in the Square Mile. She [...]
Competition is key to turning British scale-ups into global firms September 10, 2025 As other countries reap the benefits of home-grown UK talent, the CMA is committed to cracking the UK's scale-up challenge, writes Sarah Cardell.
Tom Tugendhat backs calls to marshal financial services to boost defence September 8, 2025 Tom Tugendhat has backed a report calling for greater involvement from the financial services sector to boost defence spending in the UK. The MP for Tonbridge, who served as security minister from September 2022 to July 2024, said the City of London has a “vital role to play” in the country’s national resilience. “From Taiwan [...]
Independent Football Regulator launches consultation on plans September 4, 2025 The incoming Independent Football Regulator (IFR) plans to have access to banks and law enforcement, as well as the ability to force rogue owners to sell clubs as guidance is published. The IFR published plans for a new Owners, Directors and Senior Executives’ Test, which they say will “raise standards and give powers to take [...]
Peter Kyle sets out tech growth plan as UK AI sector hits £2.9bn September 3, 2025 Technology secretary Peter Kyle has pitched the UK as a “global magnet” for innovation in his keynote speech at Mansion House on Wednesday evening. His pledge comes as investment in British AI companies hit record levels last year. Figures released alongside his address confirm that private investment in UK AI firms reached £2.9bn in 2024, [...]
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 [...]
Wise mulls UK banking licence after ditching London listing September 1, 2025 Money transfer firm Wise is looking into a UK banking license following the fintech ditching its primary listing on the London stock market earlier this year. The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the UK, according to The Times. [...]
Microsoft negotiations threaten to delay OpenAI’s restructuring August 27, 2025 OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]
RFU backing of Red Roses can aid better English pro structure August 21, 2025 So it begins. Red Roses vs USA at the Stadium of Light. Friday night, BBC 1. That’s a USA fielding the rugby player with by far the biggest social media following on the planet, Ilona Maher. You won’t find a hotter ticket this year than the Women’s Rugby World Cup final at Twickenham on 27 [...]
Dynamic ticket pricing will not be used at Home Nations Euros in 2028 August 20, 2025 Uefa has opted against introducing the dynamic pricing model favoured by Fifa for selling tickets for the 2028 Euros in England, Scotland, Wales and the Republic of Ireland. The European governing body’s decision has been welcomed by the four domestic FA’s, who are continuing to consult with Uefa over Euros tickets and want to offer [...]