When companies can outspend countries, they set the political agenda November 5, 2025 When Nvidia is bigger than the GDP of Germany, the implications for national sovereignty are deeply uncomfortable, says Steve Rigby We like to imagine that the great contests of innovation are fought between nations: the US versus China; Europe versus Asia; governments vying for technological leadership. That framing is already outdated. The real race is [...]
Ex-CEO faces trial for allegedly urging MPs to block Chinese-backed acquisition November 5, 2025 The High Court is set to hear a case over an allegation against a former interim CEO of an aerospace firm who is accused of secretly lobbying MPs and the UK government to sabotage a Chinese-backed deal. The case follows a national security review by the UK government into a deal that could have led [...]
UK telecom giants sign new pact to block scam calls as AI drives fraud November 5, 2025 Britain’s biggest mobile networks have agreed to overhaul their systems to stop scammers using fake numbers to impersonate banks and government departments. As ministers seek to stem the growing tide of AI-driven fraud, BT, EE, Vodafone, Three, Virgin Media O2, Sky, TalkTalk and Tesco Mobile have signed a new telecoms charter with the Home Office. [...]
Why a charity should own 10 per cent of your company’s shares November 5, 2025 The Notebook, where the City’s movers and shakers have their say. Today it’s James Reed with the pen The traditional model of capitalism is outdated and unsustainable — and I’m on a mission to change it. Yes, free markets based on short-term shareholder returns have delivered opportunities for people to succeed, encouraged innovation and entrepreneurship [...]
Autumn Budget: Reeves must cure British ‘pessimism’ disease November 5, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of Peel Hunt urges Reeves to use the Budget to start the cure for British pessimism. As Rachel Reeves ruminates over which tax prescription to write to fill her fiscal black hole, [...]
Four in 10 Londoners ‘ready to quit capital’ over housing costs November 5, 2025 Nearly half of the capital’s 25-45 year olds are ready to leave over unsustainably expensive housing, according to a new study. In fact, two in three are regularly borrowing money to pay housing costs, most commonly turning to credit cards, payday loans and family support, according to a new report from Pocket Living. “The pressures [...]
Tech stocks plunge after Big Short investor bets against AI November 4, 2025 American tech stocks fell sharply on Tuesday after a hedge fund manager famed for predicting the Global Financial Crisis revealed he had taken out a billion-dollar bet against some of the world’s largest artificial intelligence companies. Michael Burry, the star stock picker whose decision to short the property market was depicted in the blockbuster ‘Big [...]
Government-backed bank fuels entrepreneurship for unemployed Brits November 4, 2025 The British Business Bank has announced that nearly £150m in loans has been handed to unemployed people to help them start their own businesses since 2012. The figure represents 22 per cent of all finance issued through the government-backed ‘start-up loans’ programme, which aims to support entrepreneurs who may find it difficult to secure funding [...]
Westlake Announces Cash Tender Offer November 4, 2025 Westlake Corporation (NYSE: WLK) (“Westlake”) announced today the commencement of a cash tender offer to purchase (the “Offer”) any and all of the outstanding 3.600% Senior Notes due 2026 (the “Notes”) as set forth in the table below. The tender offer is being made solely pursuant to the terms and conditions set forth in an [...]