The urgent case for massive welfare reform is now impossible to ignore October 14, 2026 By accident or design, Britain is facing a moment of reckoning when it comes to welfare spending. The issue serves as a major fault line in Westminster, with the Tories pledging to slash the benefits bill while Andy Burnham vows there will be “no crude cuts” to the hundreds of billions of pounds spent across [...]
City lawyers say GPU financing is the new data centre gold rush October 14, 2026 As AI drives demand for larger data centres, lenders are increasingly financing the costly Graphics Processing Units (GPUs) inside them, which can cost almost as much as the buildings themselves. Data suggests that since the generative AI boom took off in 2023, global investment in GPUs and AI chip infrastructure has been staggering, with figures [...]
How bad has the ‘cost of living crisis’ really been? October 14, 2026 The 'cost of living crisis' has become a well-worn phrase over the last four years, but what do the numbers actually say, asks Paul Ormerod.
These are the two things holding back housebuilding October 14, 2026 Falling consumer confidence and severe development unviability are hindering housebuilding. We need a comprehensive strategy including regulatory freezes, a shared equity scheme, and planning reforms to tackle the housing crisis, says Gavin Barwell Everybody knows there is a housing crisis – it has been building for the last 50 years. The victims are all around [...]
Team GB Olympic medallist raises £5m to make health tech as common as iPhone October 14, 2026 Olympic medallist turned health tech entrepreneur Andrew Steele has raised nearly £5m ahead of the US launch of his latest venture, Stride. Steele – part of the Team GB 4 x 400m relay squad awarded bronze in Beijing 2008 – co-founded genetic testing firm DNAfit and sold it to David Beckham-backed global giant Prenetics for [...]
Abandoning third runway would be bad for UK, Istanbul airport boss warns October 14, 2026 The UK risks missing out on a “positive cycle in the economy” if it fails to approve Heathrow’s third runway, the boss of Istanbul airport has said, adding that a phased approach to development could help keep a lid on the mega-project’s eye-watering costs. Selahattin Bilgen, chief executive of Turkey’s iGA Istanbul Airport, told City [...]
Exclusive: Healey looks to lower business costs of hiring young people October 14, 2026 Chancellor John Healey is drawing up measures to slash the cost of hiring under-25-year-olds at the Budget, City AM understands, as the government looks to tackle the crisis of youth unemployment and ease pressures facing businesses. A move to tackle the number of young people not in employment, education or training (Neets) by reducing hiring [...]
Plus500’s super-app ambitions risk re-telling a familiar London story October 14, 2026 Plus500 laid out plans for a super-app across the Atlantic, in this week’s column Samuel Norman looks at how it could frame their future. Also on the agenda, Healey continues pre-Budget summits and does anyone still care about the digital pound? Is a London-listed fintech turning to the US for its monumental ‘super-app’ a point [...]
IFF to Release Third Quarter 2026 Results on November 3, 2026 October 13, 2026 IFF (NYSE: IFF) today announced that it will release its third quarter 2026 earnings results following the market close on Tuesday, November 3, 2026. The management team will host a live webcast on Wednesday, November 4, 2026, at 9:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live [...]
Calanda can again be Ascot Champion October 13, 2026 ASCOT’s British Champions Day this Saturday provides a final chance for some of the stars of the Flat season to strut their stuff before the campaign winds down. On a star-studded card, the aim is to hunt out a bit of ante-post value and take on the many short-priced favourites set to line up. There [...]