Unemployment rate surges to 5 per cent November 11, 2025 The UK unemployment rate has surged to a post-pandemic high in further signs the jobs market has struggled to bounce back, amid interest rate cuts and adjustments to last year’s tax raid on employers. The Office for National Statistics (ONS) said the unemployment rate had hit 5 per cent as there were 32,000 fewer payrolled [...]
Asda: KKR and TDR commit £23m to credit card firm Jaja after warning November 11, 2025 The private equity backers of Jaja Finance have contributed another £23m in equity funding after the Asda credit card firm warned on its ability to continue as a going concern, City AM can reveal. A group of existing shareholders participated in the funding in October, Jaja said, and have also vowed to commit a further [...]
I’m 31 and pay thousands into my pension: taxing my contributions could be the last straw November 11, 2025 The Chancellor’s threat of a a two per cent national insurance tax on salary sacrifice contributions above £2,000 is deeply unfair, says Martin Kimber People tend to look at me like I’ve just admitted to collecting antique Victorian dolls when I tell them I sacrifice 15 per cent of my salary into a pension. However, [...]
AI bubble tensions flare after Wall Street’s £750bn hit November 10, 2025 The bubbling market tensions continued to simmer on Monday as Wall Street sprung back to life after a week of AI jitters and tech nerves. US markets were coming off a week where AI-related firms lost over £750bn in market value led by a £350bn plunge in chipmaker Nvidia, which lost nearly ten per cent [...]
Tech stocks fall again as AI bubble fears mount November 8, 2025 Tech stocks fell again on Friday, extending a difficult week for the sector as investors fretted over soaring valuations and a possible AI bubble. Leading names including Nvidia, Palantir, Meta, AMD, and Tesla all suffered losses, erasing gains from earlier in the year and intensifying concerns about whether AI-driven growth can justify current market prices. [...]
Lord Frost to head up IEA think tank November 7, 2025 David Frost has been made the director general of the Institute of Economic Affairs (IEA) in a move the right-leaning think tank has said will herald a “new chapter” for the organisation. Lord Frost, the former cabinet minister best known for spearheading the UK’s Brexit negotiations under Boris Johnson, will be responsible for driving the [...]
Now is the perfect time to visit Tbilisi Georgia – here’s what to see and where to stay November 6, 2025 A destination hotel occupying a stately Brutalist building is one of a few things making Tbilisi Georgia unmissable, says Kamila Erkaboyeva There’s long been a whisper on the street that Tbilisi is Europe’s coolest capital, but without direct flights from the UK, it’s been out of reach for a long weekend. Thankfully, British Airways launched [...]
Rachel Reeves must resign if she hikes income tax November 6, 2025 Exactly a year ago today, which was exactly a week after Rachel Reeves’ first Budget – I wrote that the Chancellor’s policies would give Brits the hangover from hell. So, one year on, how are you feeling? My reference to a hangover was inspired by the government’s absurd post-Budget boast that they’d taken a penny [...]
PostFinance Strengthens Fraud Protection and Customer Communications with FICO Technology November 6, 2025 Swiss digital banking leader uses FICO® Falcon® Fraud Manager for debit cards, adds FICO® Customer Communication Services for 24/7 support
Profit slashed at billionaire’s asylum accommodation empire November 5, 2025 Profit at one of the Home Office’s providers of asylum accommodation has been slashed in half during its latest financial year, it has been revealed. Clearsprings Ready Homes, which is run by ‘asylum king’ Graham King, has posted a pre-tax profit of £58.7m for the 12 months to 31 January, 2025. That total is down [...]