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      IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

      IMF Managing Director Kristalina Georgieva speaking at a press conference, addressing global economic challenges.

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  • Further delays will devastate the social care sector

    January 8, 2025

    The government’s decision to delay social care reform will simply prolong the crisis. The sector needs decisions not inquiries, says Martin Jones Labour’s decision to delay a social care overhaul until 2028, announcing an independent commission led by Baroness Casey of Blackstock, is another devastating blow to a sector in desperate need of reform. For [...]

  • We’re only building 100,000 new homes a year – that’s nowhere near enough

    January 8, 2025

    High interest rates and slow planning processes mean new home delivery has likely fallen to just 100,000 in the last 12 months. We need to be building four times that many a year to fulfil our moral duty of getting people on the housing ladder, says Brandon Lewis We need to build more homes. It [...]

  • Budget employment law changes fuel increased job insecurity

    January 7, 2025

    Around one in seven workers said that they feel insecure about their job at this time, particularly among those with a lower income, according to new polling

  • Sweaty Betty remains in the red as sales fall

    January 7, 2025

    Women’s activewear brand Sweaty Betty remains in the red as its pre-tax loss more than doubled amid falling sales, it has been revealed. The London-headquartered business has reported a pre-tax loss of £13.4m for 2023, according to accounts filed with Companies House long after the deadline. The latest loss comes after Sweaty Betty entered the red [...]

  • New Friends musical announces open casting call – it’s your chance to play Rachel or Ross

    January 7, 2025

    A new Friends musical is urging Londoners to attend an open audition in front of casting directors looking to cast their new Monica, Rachel, Phoebe, Joey, Ross and Chandler. Auditions for Friends: The Musical Parody will take place in July before the production tours the UK and Ireland through until May 2026. The show will [...]

  • Sir Jim Ratcliffe ‘doesn’t care’, blasts Manchester United legend

    January 7, 2025

    Manchester United legend Paul Scholes says Sir Jim Ratcliffe has done “nothing positive” during his first year as co-owner and believes ticket price hikes show he does not care about the fans. Ineos chairman Ratcliffe, the 72-year local-born billionaire who became minority shareholder of the Premier League club at the start of 2024, has defended [...]

  • Eurozone inflation increases amid debate over pace of interest rate cuts

    January 7, 2025

    'Flash' figures from Eurostat show that the headline rate of inflation increased to 2.4 per cent last month, up from 2.2 per cent the month before.

  • Porsche 911 Carrera 2025 review: Sensible sports car still sparkles

    January 7, 2025

    For 40 years, the entry-level Porsche 911 has been called ‘Carrera’. Back in 1984, a 911 3.2 Carrera developed 231hp, accelerated to 62mph in 5.6 seconds and cost £31,950. For comparison, the new 911 Carrera driven here serves up 394hp, blasts to 62mph in 3.9 seconds and has a list price of £99,800.  According to [...]

  • Time to address the elephant in the room: AI’s impact on legal fees

    January 7, 2025

    Last year, the legal sector saw record-level salaries and large mergers, all while rolling out every AI policy under the sun. So what does 2025 look like?

  • Why the state should stay out of the kitchen

    January 7, 2025

    A think tank has seriously floated the idea of government-run restaurants. The idea belongs in an age of wartime rationing, not the thriving, free-market food scene the City enjoys today, says Matthew Kilcoyne One wonders if the festive sherry stocks have been hit rather hard in certain London think tanks this Christmas. How else to [...]

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