Starmer would have blocked Mandelson ambassador role, says Lammy April 19, 2026 Keir Starmer would have stopped Lord Mandelson becoming UK ambassador to the US if he had known about security concerns, deputy prime minister David Lammy has said, as the political fallout intensifies. Speaking to the Guardian, Lammy said the prime minister would “never, ever” have approved the appointment had he been aware Mandelson failed the [...]
Top Foreign Office civil servant ousted over latest Mandelson bombshell April 16, 2026 The top civil servant in the Foreign Office has been ousted after losing the confidence over Sir Keir Starmer and foreign secretary Yvette Cooper. Foreign Office permanent under-secretary Sir Olly Robbins has become the latest Westminster figure to lose their role to the Mandelson scandal after it had emerged the disgraced peer was denied clearance in [...]
Hoo Hing: London’s largest Chinese supermarket defies sterling slump to return to profit April 16, 2026 London’s biggest Chinese grocery group has returned to profit, despite being hit by a weaker pound and falling revenue. Dagenham-based Hoo Hing Holdings was founded in the 1970s and has superstores in Mitcham, Milton Keynes and Park Royal. It posted a small pre-tax profit of £167,559 for the 12 months to the end of June [...]
UK chief executives scramble as Anthropic expands London AI hub April 16, 2026 Anthropic is expanding its London footprint with a new office for up to 800 staff, as UK bank bosses ramp up engagement with the firm over concerns about its latest AI models. The US-based company said it will scale up from its current base of more than 200 employees in the capital, with the new [...]
Nick Candy eyes payday after £275m home sale to Labour donor April 16, 2026 Reform UK fundraiser Nick Candy is looking to cash in on his assets after it was revealed that he sold his £275m home to a former Labour donor in what was put down as the largest house purchase in history. Quadrature Capital’s Suneil Setiya bought the hidden Chelsea mansion from Candy, according to the Financial [...]
Procook sales surge as young Brits get taste for dinner parties April 14, 2026 Procook has toasted surging sales as the kitchenware retailer cashed in on young Brits’ growing appetite for hosting dinner parties. The London-listed firm posted sales of £85.5m for the year to end March, a rise of just under a quarter on the previous year and ahead of market expectations of £83.5m, after demand outperformed the [...]
OECD tells Reeves to reform ‘inefficient’ UK tax system April 10, 2026 Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment. Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said the UK economy suffered from distortions in its tax system as well as loopholes exploited [...]
Nadine Buckland: I knew I’d make a better business owner than employee April 9, 2026 Each week, we dig into the memory bank of the City's great and good. Today, Nadine Buckland, CEO of Zenzic Capital, takes us through her business career.
Instagram account featuring Faf de Klerk recruiting players for North Korea April 8, 2026 North Korea is looking to attract British English teachers by enticing them to the dictatorial state with the promise of elite rugby contracts. A social media account that features a similar recruitment drive for Chinese rugby has posted an advert, seeking rugby players for the People’s Democratic Republic of Korea (North Korea)’s Pyongyang Reds team. [...]
Hargreaves Lansdown users report issues as investors rush to markets April 8, 2026 The UK’s largest DIY investment platform saw users report issues in early morning trading, as investors were left in a state of fury and struggled to manage their portfolios after news of a ceasefire between the US and Iran sent stocks soaring. Users reported a spike in problems with the site upon the London Stock [...]