Bank of mum and dad now funding multiple steps up housing ladder December 17, 2025 The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]
Arrogant Labour has played fast and loose with the jobs market December 17, 2025 As the first full calendar year of life under this Labour government comes to a close, it’s an appropriate time to reflect on how they’ve done and how their promises to renew Britain marry up with reality. How can I put this delicately? Ministers should slope off to their constituencies this Christmas with their heads [...]
Paypal becomes latest fintech to capitalise on Trump’s deregulation December 16, 2025 Paypal has its sights set on acquiring a banking licence in the US as it becomes the latest fintech aiming to jump on President Donald Trump’s deregulatory agenda. The payments giant on Monday said it had submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to form Paypal Bank. [...]
Premier League clubs count £1bn cost of injuries December 16, 2025 Premier League clubs have forked out more than £1bn in wages to injured players across the last five years, a new study has found. Since the start of the 2020-21 season, 5,367 injuries in the English top flight have cost its clubs £1.2bn in salary payments – equivalent to a quarter of their matchday revenue [...]
Redundancies hit highest level since pandemic as unemployment climbs higher December 16, 2025 The UK unemployment rate jumped above the 5 per cent mark and redundancies surged to their highest level since the pandemic. The Office for National Statistics (ONS) published damning figures on Tuesday morning that will likely send chills throughout the Labour government ministers ahead of the Christmas break. It said the number of payrolled employess [...]
Global recruiter SThree hit by ailing UK jobs market December 16, 2025 Global recruiter SThree has felt the pinch of the deteriorating UK jobs market with the region becoming the group’s worst performing large market. The consultancy – which specialises in connecting workers in science, tech engineering and mathematics with companies in need of staff – recorded a 26 per cent slump in fees in the UK [...]
KKR and Premialab Announce A $220m Strategic Investment To Power Next Phase Of Global Growth December 16, 2025 Premialab, a global provider of data, analytics and risk management solutions for quantitative investing, today announces a significant $220m growth investment from funds and accounts managed by KKR, a leading global investment firm. Under the terms of the agreement, KKR will lead a significant growth investment alongside existing investor Balderton. Founded by Adrien Géliot and [...]
FTSE 100 Live: Ofwat £11m fine; Unemployment at four-year high December 16, 2025 Good morning and welcome back to the City AM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New unemployment data showed another blow for the Labour government, which has denied that its policies have had an on the ailing jobs market. The UK [...]
Subsidised jobs won’t fix youth unemployment December 16, 2025 The young do not need moral lectures. They need chances. And chances come from businesses that are free to hire, free to experiment and free to take risks, not from the state, says Matthew Bowles Last weekend, the Secretary of State for Work and Pensions, Pat McFadden, announced on the BBC’s Sunday with Laura Kuenssberg [...]
Teletrac Navman Report: 84% of Fleets Cite Driver Exoneration as a Leading Reason for Deploying Safety Technology December 15, 2025 New research from Teletrac Navman, a leading connected mobility platform and a Vontier company, has found that 84% of fleets cite driver exoneration as a leading reason for deploying safety technology, with 53% of fleets that suffered accidents in the past 12 months successfully able to exonerate a driver. The ‘Mobilizing the Future of Fleets: [...]