Mansion House speech: Rachel Reeves to ‘rip up’ red tape in financial services July 14, 2025 Rachel Reeves is to pledge a bonfire of financial services regulation as she seeks to rekindle her relationship with the City. The Chancellor will vow to cut “reams of financial red tape” when she gives her annual Mansion House speech on Tuesday evening, according to people familiar with the matter. That is set to include [...]
Andy Anson: British Olympic chief poached by London private equity firm July 10, 2025 Knightsbridge-based private equity firm BD-Capital Partners has poached British Olympic Association CEO Andy Anson to join the board of its recently acquired performance nutrition brand Science In Sport. Former Manchester United and Walt Disney Company executive Anson will depart the BOA in October after six years as chief executive, during which time Team GB won [...]
Starmer urged to ‘be honest’ about tax plans as business confidence slumps July 10, 2025 Business confidence has slumped to a three-year low as a “cocktail of costs” including higher taxes and tariff threats pour cold water on Keir Starmer’s claims of rising corporate optimism. The prime minister told MPs on Wednesday afternoon that business confidence had hit a nine-year high, citing a recent Lloyds Business Barometer, which typically reveals [...]
UK and France agree to co-ordinate on nuclear deterrent July 10, 2025 The UK and France will co-ordinate more closely over nuclear deterrent plans, with any adversaries “threatening the vital interests” of either nations set to face a joint response to attacks. In a new agreement struck between Keir Starmer and Emmanuel Macron, the two countries will work together on nuclear research and take a more aligned [...]
UK loses more billionaires than any other country July 9, 2025 The UK has lost the most billionaires of any country in the world in the last two years, fresh data has shown, exacerbating fears that Britain’s footloose super-rich residents would continue to flee the country if forced to pay a wealth tax. According to updated numbers from New World Wealth, the UK lost a quarter [...]
White House to host UFC fight, Trump says July 4, 2025 President Trump has announced that the White House will host a UFC match as part of the 250th anniversary of the United States of America. The grounds of the famed mansion will host a “championship fight”, according to the President, and will be watched live by 20,000-25,000 fans. Trump said at a rally in Iowa [...]
Today’s date echoes through history – Starmer should be worried July 4, 2025 The fourth of July may be synonymous with freedom in the United States, but around the world it has a very different meaning. In Britain it marks the anniversary of Starmer’s election victory, but he’ll probably be hoping to put this disastrous year behind him, says Eliot Wilson The United States of America was established [...]
Be careful Trump. Deporting Elon Musk would hand space travel to China July 2, 2025 Without Musk's SpaceX, the US would be second place to China. If Trump deports Elon Musk, he'll set US space travel back decades.
Ofgem gives green light to landmark electric grid upgrade July 1, 2025 The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices. Over £15bn is set to be deployed [...]
Hackathons help UK defence tech take flight June 27, 2025 Sandhurst isn’t the first place one might liken to Silicon Valley. Yet, the Royal Military Academy – long a symbol of tradition in British defence – is becoming a new hub for defence technology innovation. At a recent 24 hour defence tech hackathon, the Royal Military Academy Sandhurst hosted coders, engineers and military veterans alike, [...]