Defence stocks rise as Europe’s tensions with Russia escalate September 10, 2025 European defence stocks rallied on Wednesday after the shock arrival of Russian drones across the border with Poland sent tensions in the region to fresh highs. Shares in FTSE 100 giant BAE Systems closed up 2.1 per cent to 1,830p by the end of the day’s trading in London, while Italy’s Leonardo rose 2.4 per [...]
Overseas games: Uefa and Fifa between rock and hard place as decision looms September 10, 2025 Where US sport leads, Europe usually follows. It’s not a hard and fast rule, but the success of North America’s top leagues in growing – and monetising – the popularity of the NFL and NBA means executives on this side of the pond are only too keen to borrow their playbooks. Which brings us to [...]
Enhanced Games: Brit Ben Proud joins so-called Doping Olympics September 10, 2025 British Olympian Ben Proud could have his UK Sport funding cut after choosing to join the Enhanced Games. The rebel competition, known by many as the Doping Olympics, will allow the Paris 2024 silver medal winner to take any measure of performance enhancing substances in pursuit of victory. The controversial competition has filed a $800m [...]
Tube strikes: Union leader says £72,000 salary is not enough September 10, 2025 RMT chief Eddie Dempsey has claimed that tube drivers on £72,000 a year were not making enough to buy a home in London, reflecting the union boss’ militant position on ongoing tube strikes. The union boss told Times Radio he made “no apologies” for the ongoing strike as he said the salary, which is around [...]
Revealed: How much profit Amazon makes in the UK September 10, 2025 Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts for its UK activities, instead choosing to report each company’s results separately with no parent entity in this country. The picture is also further complicated [...]
Government urged to rethink digital procurement as ambitions stall September 10, 2025 The government’s ongoing ambitions for digital transformation risk grinding to a halt unless it overhauls the way it funds and invests in technology, according to a new report from techUK. The body’s recent ‘Financing the Future’ study posited that Whitehall’s procurement system remains too rigid and too focused on short-term products rather than long-term digital outcomes. Instead, [...]
City of London Police chair: Fraud is ‘damaging the foundations of our nation’ September 10, 2025 The chair of the City of London Police Authority Board has warned that fraud is “damaging the foundations of our nation” and the UK must treat it with the same urgency as street crime. Speaking at the Police Authority Board dinner on Wednesday, City AM can reveal that Tijs Broeke told senior police, business, and [...]
LNER passenger data accessed in cyber attack September 10, 2025 Train operator LNER has revealed passenger contact details and some information about past journeys have been accessed in a cyber attack. The government-owned firm, which operates services on the East Coast main line between London and Scotland, said the breach involved files managed by a third-party supplier. In a statement, LNER said that “no bank, [...]
Starling Bank eyes £4bn valuation in secondary share sale September 10, 2025 UK fintech Starling is eyeing a valuation of £4bn in a new secondary share sale. The digital lender is in talks with Morgan Stanley and Rothschild to run the sale process, which the firm is hoping could help it net a valuation between £3.5bn and £4bn. The sale – the first since the group’s valuation [...]
Tottenham Hotspur take £90m loan following big-spending summer September 10, 2025 Tottenham Hotspur have taken out a £90m loan from Australian bank Macquarie in a move that improves the heavily indebted Premier League club’s cash flow. Spurs have borrowed the sum against future media rights revenue that they are due to receive from the Premier League during the current season. Such loans are not uncommon even [...]