The tax return deadline is looming. Here’s how to avoid fines January 12, 2026 Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]
Ofcom investigation launched into Grok AI deepfakes on X January 12, 2026 The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI. Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]
Mark my words: Starmer is set to approve China’s ‘super embassy’ January 12, 2026 Keir Starmer is set to travel to China and has appealed for business leaders to accompany him. You don’t do that if you’re anticipating holding a foreign government to account, says Eliot Wilson At the end of this month, Sir Keir Starmer is due to travel to China for the first visit by a British [...]
Former F1 champion Nico Rosberg raises $100m for VC fund January 12, 2026 Former Formula 1 world champion Nico Rosberg has raised $100m for his venture capital firm as the German expands his business portfolio. Lewis Hamilton’s ex-teammate saw Rosberg Ventures, for which he is founder, close its third round this month in a process he described as “oversubscribed with unprecedented demand”. It leaves the organisation with more [...]
AI and defence demand for chips sends IQE shares soaring January 12, 2026 Shares in semiconductor giant IQE surged 25 per cent to 9.18p on Monday morning, after the wafer supplier said it expects its full year results to hit the upper end of its guidance, thanks to a recovery in AI and defence-related demand. The Cardiff-based company now forecasts 2025 revenue of around £97m, and adjusted earnings [...]
Donald Trump credit card cap sends Barclays shares tumbling January 12, 2026 Barclays shares were the worst performing on the FTSE 100 on Monday morning after fears over fresh plans by Donald Trump to curb credit card costs sent the stock tumbling. The bank’s shares, which had risen by around 80 per cent over the past year, suffered a 5 per cent slump to 462p in early [...]
Loungers creates 900 jobs as major expansion plans continue January 12, 2026 Cafe-bar and restaurant chain Loungers created more than 900 jobs in the year it quit the London Stock Exchange’s AIM, it has been revealed. The Bristol-headquartered business delisted in February last year after being acquired by Fortress Investment Group for £338m. The Cosy Club and Brightside owner was founded in 2002 by Alex Reilley, David Reid [...]
Hackney tops London’s entrepreneurial boroughs for startup loans January 12, 2026 Startup founders in Hackney racked up the highest volume of loans in London as fleets of British entrepreneurs launched their business in the capital. Some 1,309 loans were taken out by founders in Hackney through the Start Up Loans initiative since its launch in 2012 topping £11.4m in value. The borough has benefitted from being [...]
Whitehall in talks with City for non-dom reform after exodus January 11, 2026 Whitehall is locked in talks with City bigwigs as the Labour government seeks to attract wealthy investors to the UK following the tumultuous fallout to the scrapping of the non-dom regime. The non-dom status was changed by Chancellor Rachel Reeves in the Autumn Budget 2024 and was swapped for a residence-based system that taxes all [...]
LA is the future of sport and coming for London’s crown as global capital January 11, 2026 LA offers a glimpse into the future for the sports industry as the city prepares for a starring role at the 2026 Fifa World Cup and 2028 Olympics, finds Frank Dalleres. Arriving at the Intuit Dome by driverless taxi and then using facial recognition technology to enter the home of the NBA’s LA Clippers (mobile [...]