Welfare system in ‘crisis’ as number of Brits on out-of-work benefits exceeds 5m November 24, 2025 The number of people claiming benefits with no requirement to work has increased beyond 5m, new analysis has found, amid fresh calls for the government to tackle welfare reform in the near term. Analysis by the Centre for Social Justice has estimated that the total number of people on Universal Credit and those on Employment [...]
Budget risks stifling UK sports stars of tomorrow, industry warns Reeves November 24, 2025 Chancellor Rachel Reeves risks cutting off the UK’s pipeline of sporting talent with reform of business rates in the Autumn Budget, industry leaders have told City AM. In a wide-ranging survey of governing bodies and other stakeholders across the sector, expected changes to business rates due to be announced by Reeves tomorrow and take effect [...]
What sport wants from the Budget: UK industry leaders share hopes and fears November 24, 2025 Ahead of the Autumn Budget on Wednesday, City AM asked decision-makers from across the UK’s sport sector what they are hoping to hear from Chancellor Rachel Reeves. UK Athletics – Jack Buckner, CEO Major sporting events drive sport. They make us feel good, but they also are profitable. They generate income. It’s challenging putting on [...]
Stricken giant collapses as 650 jobs put at risk November 24, 2025 One of the UK’s largest metals recycling firms has collapsed after efforts to find a buyer for the stricken business failed – with around 650 jobs now at risk. Stratford-upon-Avon-headquartered Unimetals Recycling has filed for compulsory liquidation is now is expected to begin winding down imminently. The company, which operates 28 sites nationwide, is set [...]
Big Four giants poised to benefit from booming tech consulting spend November 24, 2025 The technology consulting market is anticipated to grow by 7 per cent in 2026, reaching over $400bn (£312bn) as businesses race to upgrade legacy infrastructure to align with new tech. According to a new report by Source Global Research, technology consultants are in high demand, with the market growing 4 per cent in 2024 and expected [...]
OBR to downgrade growth forecasts ‘in every year’ to 2030 November 24, 2025 The Office for Budget Responsibility (OBR) is set to downgrade growth forecasts at the Budget this week for every year of the forecast period amid revisions to trend productivity projections. Sky News reports that the OBR is expected to cut its growth predictions, which have been more optimistic than those published by City forecasters, in [...]
West Ham sponsor: Bookmakers won’t desert football over Premier League ban November 24, 2025 West Ham’s front-of-shirt sponsor has reassured the Premier League that the gambling industry won’t run away from football after a ban on betting partners takes effect next year. England’s leading clubs voted to voluntarily ban gambling sponsors as front-of-shirt partners in a move due to come into force at the start of next season. Over [...]
COOCON Participates in Singapore FinTech Festival 2025 November 24, 2025 Enhance payment convenience for foreign visitors to Korea through simple QR-based payment and withdrawal services Minimize exchange rate risks and expand the global ecosystem through a stablecoin payment network
New York law firm Cohen & Gresser in talks over £30m private equity deal November 24, 2025 New York law firm Cohen & Gresser is in talks to sell a stake to a private equity group, weeks after McDermott Will & Schulte expressed interest in restructuring the firm to secure outside funding. The firm has been in talks around the sale of a $40m (£30.5m) convertible note that would ultimately be swapped [...]
Britain’s SMEs are fed up with shouldering tax burden November 24, 2025 The Budget presents tough choices for the Chancellor, but SMEs shouldn’t have to continue shouldering the burden, writes John Phillipou.