Student housing giant Unite faces £400m loss amid property value slump July 28, 2026 Unite Students has plunged to a more-than £400m loss after being hit by a £500m revaluation of its properties and “extremely challenging” building costs. The UK’s largest student landlord slumped to a £417m pre-tax loss in the six months to June, reversing a £186m profit the year before, as its earnings slipped by two per [...]
Britain has the lowest level of millionaires since the financial crisis – and that’s no accident July 28, 2026 The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]
Has Range Rover just abandoned the SUV? July 28, 2026 The Range Rover GT brings electric grand touring to JLR’s EMA platform with bold styling and impressive refinement. The Range Rover GT is the latest addition to JLR’s luxury line-up, and the fifth model in the Range Rover family, blending the style of a grand tourer with the practicality of an SUV. Revealed ahead of [...]
Will Britain follow Japan’s great growth gamble? July 28, 2026 Japanese Prime Minister Sanae Takaichi has unveiled an expansionary economic blueprint aiming to break Japan’s long-standing cycle of stagnation through state-led investment, creating a precarious balancing act for the Bank of Japan as it attempts to maintain market confidence and monetary stability, says Helen Thomas A newly installed leader promises to break with the economic [...]
EY and London managing partner fined over £1.3m for audit failure July 28, 2026 Big Four giant EY and its London office managing partner have been hit with a nearly £1.3m fine by the financial watchdog for audit failings related to retailer Made.com in 2021. The Financial Reporting Council (FRC) said the sanction follows an investigation into Julie Carlyle, who manages the City office and a portfolio of many [...]
Expanding London airports will help growth take off July 28, 2026 Extra runways at Heathrow, Gatwick and Luton are not just lucrative transport infrastructure projects that will create construction jobs and supply chain benefits in the short-term. They are key to getting overseas visitors into the UK to spend money, says Alex Challoner The summer holidays are upon us. Chances are, at some time in the [...]
OpenAI’s rogue agent doesn’t scare me – the millions of others do July 28, 2026 The model that broke out of a lab will get the headlines. The millions of agents already inside your banking app, wreaking havoc, are the ones that should worry you more, says Rory Blundell Frontier AI labs are racing to build faster, more capable, more autonomous agents. This week showed what that race can cost. [...]
Screens aren’t the problem, it’s what’s on them that’s rotting our brains July 28, 2026 Technology is just a tool. Like every tool, it can make us better or it can waste our time. So the real question isn’t how much of it we use – it’s what we use it for, says Bhav Singh We’ve spent years arguing about the impact of screen time on kids’ development, but I [...]
‘Moron premium’ – Westminster turmoil has ‘cost taxpayers £35bn’ since 2022 July 28, 2026 Secretive plotters and vengeful strategists in Westminster have cost taxpayers around £35bn since 2020, new research by one of the world’s top insurance companies has found. In a study into the costs of political fragility facing European governments, researchers at Allianz Trade found that the UK government continued to pay a “distinct political premium” due [...]
Renault 5 E-Tech 2025 long-term review – second report July 28, 2026 Lined up on the starting grid at Goodwood, the two cars resemble the ‘before and after’ photos from a bodybuilding magazine. Each one is ostensibly a Renault 5, but the similarities almost end there. On the left is my long-term test Renault 5 E-Tech. Compact and straight-sided, its classic hatchback proportions draw directly from the [...]