14 charts reveal the massive challenges facing UK and NATO defence spending April 7, 2026 Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]
Trump turmoil in Asia sends chills through Seoul while China keeps its cool April 6, 2026 The war in the Middle East has sent shockwaves through global markets, stoking volatility across exchanges and asset classes everywhere. But one region, Asia, has been particularly exposed, due to its position at the forefront of the daily trading cycle. As the latest on-the-ground headlines line up alongside President Donald Trump’s erratic social media posts [...]
Keir Starmer believes undoing Brexit will solve Britain’s problems – he’s wrong April 6, 2026 The only way Starmer can get everything he wants from a relationship “reset” with Brussels is by rejoining the EU, says Eliot Wilson This Wednesday is the anniversary of Britain and France signing the Entente cordiale in 1904. It was actually three separate agreements, ostensibly dealing with colonial boundaries and fishing rights, but in practice [...]
Ministers working with backbenchers amid immigration overhaul concerns April 5, 2026 Ministers concerned with home secretary Shabana Mahmood’s immigration changes are working with backbenchers concerned about planned immigration crackdowns. Figures within government are trying to help rebel MPs secure more exemptions from reforms being spearheaded by Home Secretary Shabana Mahmood, according to The Guardian newspaper. The changes are aimed at extending the amount of time migrants [...]
Barclays reverses branch cuts as bank managers return to high street April 4, 2026 Barclays is planning to expand its high street presence and revive the “bank manager” role after years of rapid branch closures. The bank’s UK chief executive Vim Maru told the Times on Saturday that Barclays would increase its branch network beyond its current 206 sites, having already paused a programme that saw it shut around [...]
M&S boss: Sadiq Khan is soft on crime April 3, 2026 Marks and Spencer has hit out at the Mayor of London for being soft on crime, after crowds of young people have targeted London shops in the past week. Thinus Keeve, the supermarket’s retail director, has called on Sadiq Khan to crack down on violent disorder against retailers, after a Marks and Spencer (M&S) shop [...]
Robotaxis are coming to London, but will they make money? April 3, 2026 The arrival of driverless ride-hailing would not simply mark a technological milestone. It could also test whether autonomous mobility can ever become a profitable business, says Michael Lenox A black Jaguar SUV with no one behind the wheel pulls up on a London street. It’s electric and equipped with Waymo’s autonomous driving system. A passenger [...]
Bond traders: Bank of England gilt shake-up would ‘concentrate risks’ in market meltdown April 2, 2026 Bank of England plans to reduce the bond market’s vulnerability to a Liz Truss-style crash would fail to improve financial stability and could make stress points worse, according to gilt traders and hedge funds polled by the Bank. Responses to the central bank’s plans to overhaul its regulation of the gilt repo market showed market [...]
Space X kicks off IPO process with confidential filing April 2, 2026 Elon Musk’s Space X has confidentially filed to go public, bringing the rocket company a step closer to delivering what is expected to be the largest initial public offering in history. The Texas-based company submitted its draft IPO paperwork to the US Securities and Exchange Commission this week, according to the Financial Times, citing two [...]
‘Indian food is a universe’: Making a home at Chet Sharma’s BiBi April 2, 2026 Quietly but surely, Chet Sharma is serving up some of the tasty plates of food in London. Carys Sharkey meets the chef reimagining fine dining with a healthy serving of nostalgia If you make your way down Oxford Street, past the shops slinging vapes and candy to indiscriminating kids, weaving through the preachers confirming your [...]