Watchdog probe to net £100m from listed housebuilders for affordable schemes July 9, 2025 A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]
Wealth tax: City bosses warn Labour of entrepreneur exodus July 8, 2025 A wealth tax would spark a fresh exodus of entrepreneurs from the UK, according to City grandees as calls mount from within Labour to explore the policy. Sir Martin Sorrell, Sir Rocco Forte and Sir Philip Hampton warned in The Telegraph that business owners could flee Britain en masse. Hotelier Sir Rocco said: “Labour has [...]
Norman Tebbit was the natural heir to Thatcher July 8, 2025 John Redwood shares his reminisces of Norman Tebbit, a giant of Conservative politics Norman Tebbit was a towering figure in the Thatcher Cabinet. I worked closely with him as Margaret’s chief policy adviser in the middle years of her government. He was often the minister around the Cabinet committee tables who went straight to the [...]
James Olivas, Evita London’s leading man, on Jamie Lloyd’s radical new production July 8, 2025 Jamie Lloyd’s new production of Evita is commanding headlines for Rachel Zegler’s nightly balcony sing-a-longs, but the show’s portrayal of her husband is arguably deserved of the same level of attention. The show is inspired by the real life marriage between Zegler’s heroine, Eva Perón, and the Argentinian leader Juan Perón. In actual fact, Juan [...]
M&S shares sink lower after failing to recover from cyber attack July 8, 2025 Shares in FTSE 100 giant M&S are now lower than they were at the height of the cyber attack that hit the British icon earlier this year. The retailer’s shares are currently changing hands for 337p, after declining steadily from their 374p price on 16 June. That price was itself a recovery from the low [...]
We shouldn’t be surprised when MPs crumble. We reward them so little July 8, 2025 Underpaid, constantly scrutinised and often humiliated, we shouldn't be surprised when our MPs fail us, writes Kiki McDonough.
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
A day with London’s exclusive Auto Vivendi supercar club July 7, 2025 We crawl through Cricklewood, battle through Brent Cross, then cruise sedately up the A1 (M). Finally, we take the exit, the traffic ebbs away and the road opens up ahead: a ribbon of empty tarmac between open fields. My overwhelming urge is to click the left paddle down a couple of gears, flatten my right [...]
Labour moots breaking Heathrow third runway ‘doom loop’ with new powers July 7, 2025 The Labour government is exploring how to break Heathrow’s third runway “doom loop” via new parliamentary powers that would fast-track big projects. Ministers are examining whether legislation could be enacted to enable the UK’s biggest hub to bypass parts of the planning process. The proposals, first reported by the Times, would also apply to other [...]
Rolls-Royce Spectre Black Badge: Bright sparks, dark dreams July 7, 2025 The typical Rolls-Royce buyer – if such a person exists – is now 42 years old. For the Spectre, the average age drops to just 35. Given that I recently celebrated my 46th birthday and drive a 19-year-old Golf, those feel like sobering statistics. Clearly, I should have worked harder at school. Rolls-Royce’s shifting demographic [...]