Bank of England took ‘eye off ball on inflation’, says Jenrick February 18, 2026 Robert Jenrick is set to make his first major pitch to the City, in his first major outing as Reform’s spokesman on Treasury matters. The Newark MP is expected to commit to the independence of the Bank of England but pledge to “strip the Bank of distractions which have been loaded onto it”. “We will [...]
John Lewis boosts staff pay despite losses February 18, 2026 Retail giant John Lewis has announced a £108m investment in staff pay despite losses at the retail giant tripling over its last financial year. The John Lewis Partnership, which also owns supermarket Waitrose, announced on Wednesday it will hike shop floor pay by 6.9 per cent, which it says will boost the pay packet of [...]
Senior Red Bull Racing figure leaves F1 team weeks before new season February 17, 2026 The period of personnel upheaval continued at the Red Bull Formula 1 team on Tuesday with the departure of chief designer Craig Skinner. Skinner had been with the outfit for 20 years and his departure follows in the footsteps of the likes of design guru Adrian Newey and former Team Principal Christian Horner in leaving the [...]
LaLiga claims court order win over NordVPN February 17, 2026 Top flight Spanish football league LaLiga has successfully obtained legal orders against internet regulator bypasser NordVPN, it says. It is part of a sustained campaign by the Spanish league against piracy of matches both domestically and internationally. The Commercial Court demanded as part of its order that NordVPN and fellow site ProtonVPN now actively seek [...]
Funding gap looms over Britain’s small businesses February 17, 2026 Record numbers of Brits are starting businesses, but innovation and export activity among small and medium-sized enterprises have fallen to a four-year low, as a looming funding gap threatens growth. The latest State of Small Business Britain report from the European Research Council (ERC) found that 36 per cent of working-age adults are running or [...]
LA mayor calls for Wasserman resignation over Epstein files mention February 17, 2026 The mayor of Los Angeles has called on Casey Wasserman to resign as chairman of the 2028 Olympic Games after his name was found in a recent dump of the Epstein files. Karen Bass told US Network CNN that she “cannot fire him” but said that Wasserman, whose namesake talent and sports marketing agency is [...]
Hospitality crisis pushed thousands of firms to shut in 2025 February 17, 2026 Thousands of hospitality industries were forced to call time last year, as soaring operating costs took their toll. The owners of 3,353 accommodation, food and drink firms entered insolvency proceedings in the twelve months to December 2025, according to the Buchler Phillips hospitality index. These insolvencies spell out the impact of food inflation and climbing [...]
Jefferies: Starmer unlikely to be in office by July February 17, 2026 Sir Keir Starmer is likely to be ousted from office before the end of July, according to a top investment bank which warned that irrespective of whether there’s a change in leadership the Labour party is likely to lurch leftwards on economic policy. Analysts at Jefferies said the Prime Minister had been left vulnerable by [...]
Warner Bros reopens Paramount talks as bidding war escalates February 17, 2026 Warner Bros Discovery has resumed talks with Paramount Skydance, reigniting the takeover battle with Netflix for one of Hollywood’s most sought-after studios. WBD confirmed it is entering seven days of deal discussions with the David Ellison-backed group, even as it continues to stand by its agreed $82.7bn (£60.94bn) deal with Netflix. The move follows months [...]
Businesses to rush redundancies ahead of new Employment Rights changes February 17, 2026 Businesses plan to carry out a “clean up” of redundancies by the end of the year in anticipation of the Employment Rights Act coming into force next January. The government’s plan to remove the unfair dismissal cap in its Employment Rights Act will lead to more claims, especially among higher-earning employees. To avoid expensive layoffs [...]