Ministers must get a grip of broken benefits system, Reeves insists March 15, 2025 Rachel Reeves has doubled down on the need to reform the welfare system, insisting the government must “get a grip” on it amid concerns from Labour MPs about the impact of expected cuts to the budget. The benefits system is “broken” and is “not working for anyone”, the Chancellor said. Backbench Labour MPs have made [...]
No 10 says Donald Trump’s tariffs not responsible for UK economy shrinking March 14, 2025 Donald Trump’s tariffs are not responsible for the UK economy shrinking in January, Downing Street has said, in a position that appears to contradict the Chancellor’s reaction to the latest poor economic figures. According to the latest set of gross domestic product (GDP) figures published by the Office for National Statistics (ONS), the economy shrank [...]
Keir Starmer to scrap NHS England March 13, 2025 Sir Keir Starmer has announced plans to abolish NHS England and bring the health service under government control. Giving a speech on his plans for civil service reform today, the Prime Minister has confirmed he will scrap the “arms-length body” NHS England. Sir Keir said the decision will see the management of the health service [...]
PensionBee: Losses slashed as US expansion helps revenue surge March 13, 2025 PensionBee has hailed a “transformative year” for the listed business as it slashed its pre-tax loss and grew its revenue by almost £10m as it expanded into the US. The company has posted a pre-tax loss of £3.1m for 2024, down from the £10.5m loss it reported for 2023. New figures filed with the London [...]
Founder of whisky investment firm Hackstons tied to notorious ‘Wolf of Wall Street’ wine scam March 13, 2025 A high-flying salesman who made millions during his time at a business that was subsequently exposed as a notorious wine scam is now running a West End whisky investment firm having changed his name, City AM can reveal. Alphie Valentine, 41, is the co-founder and director of Hackstons, whose flagship store opened in Knightsbridge in [...]
Scrapping relegation can help WSL dodge trap set by men’s football March 13, 2025 The WSL’s new leadership deserves credit for seriously considering ditching relegation in pursuit of a firmer financial footing for women’s football, writes Ed Warner. Manchester City have sacked their head coach with hopes of Champions League qualification this season fading and only cup dreams to cling to. No, not Pep Guardiola, but Gareth Taylor, now [...]
The new model of American success: Win at all costs March 13, 2025 America has always been a hyper-individualistic society, but in the turbo-charged Trump era something has changed, says Lewis Liu “What happened to your country?” “Surely most Americans don’t agree with what is happening?” Every single non-American I’ve encountered over the last six weeks has asked me questions like this. Over the past month, I’ve spent [...]
Labour’s jobs tax will hit working families hardest March 13, 2025 With less than four weeks to go before Labour National Insurance starts to bite, it’s clear which sectors will be harmed the most: Those that hard-working families rely on, says Mel Stride The clock is ticking. We’re now less than four weeks away from the implementation of Labour’s disastrous jobs tax. But let’s be clear [...]
Nepal: Where making a profit is a crime March 13, 2025 Maoist policies have made the Himalayan nation of Nepal one of the poorest in Asia, says Rainer Zitelmann On December 11 2023, I landed in Kathmandu, the capital of Nepal. Nepal lies between China and India and has a population of around 30m. Kathmandu is located in a valley in the middle of the Himalayas [...]
Mark Kleinman: FCA chief Rathi not at the exit door after all March 13, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he looks at the FCA chief, big Boots to fill and a high street icon FCA chief Rathi not at the exit door after all Embattled, besieged, under-fire: a few short weeks ago, there seemed no [...]