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Business

  • Crackdown on social media migrant adverts to begin, Home Office says

    February 1, 2026

    Social media users who tout illegal routes into the UK face up to five years in prison, starting on Monday. The Home Office will activate part of the Border Security, Asylum and Immigration Act, passed last year, as part of its crackdown on adverts telling migrants how they can circumvent immigration checks. Border security minister [...]

  • Jenrick’s defection was “a mistake”, senior Tory claims

    February 1, 2026

    A member of the shadow cabinet has said Robert Jenrick’s defection from the Conservatives to Reform UK was “a mistake”, fuelled by “frustrated personal ambition”. Shadow home secretary, Chris Philp, said Jenrick’s decision to join Nigel Farage’s party came from his upset about not being named party leader. Speaking to Sky News’s Trevor Phillips, he [...]

  • Mandelson told Epstein he was ‘trying hard’ to change bank bonus rules

    February 1, 2026

    Peter Mandelson told Jeffrey Epstein he was “trying hard” to change government policy on bankers’ bonuses at his request, months after Epstein had paid thousands of pounds to the then UK business secretary’s husband and the 2008 financial crash. Emails released by the Department of Justice on Friday showed new details of the closeness of [...]

  • Why transfer window could be a tax issue for footballers

    February 1, 2026

    As the end of the transfer window approaches, once again many young international footballers have relocated to England, with considerable salaries now in their pockets. For instance, Chelsea’s pair of teenage summer signings, Jorrel Hato and William Estevao, joined with reported salaries worth a combined £180,000. While these contracts mark the sudden arrival of significant [...]

  • Bank of England set to hold interest rates

    January 31, 2026

    The Bank of England is expected to hold interest rates at 3.75 per cent next week as policymakers continue to battle against sticky inflation.  At the monetary policy committee (MPC)’s first meeting of the year, the Bank is expected to suggest it is too early to cut rates due to the lack of available data [...]

  • Starmer looks to woo Japanese investors amid Asia trip backlash

    January 31, 2026

    Keir Starmer said he would hold discussions with investors and business owners in Japan after landing in Tokyo, with the Prime Minister hoping to defy critics of his recent trip to China with new deals to boost the UK economy.  Speaking on a plane from Shanghai to Tokyo, Starmer said discussions with Prime Minister Sanae [...]

  • Betfred brothers, Alex Gerko, Mike Ashley: Top UK taxpayers revealed

    January 31, 2026

    Betting entrepreneurs Peter Done and Denise Coates, traders Alex Gerko and Chris Rokos, and high street kingpins Tim Martin and Mike Ashley are among the top taxpayers in the UK, new analysis has revealed. Betfred founders Fred and Peter Done paid the most cash into HMRC over the past year, according to The Sunday Times’ [...]

  • Welsh Rugby missed out on £45m in previous Principality Stadium deal

    January 31, 2026

    The Welsh Rugby Union lost £45m from underselling the naming rights to the Principality Stadium, according to a new report. A 10-year deal with insurer Principality is expected to conclude this year, with the decade-long cost of sponsoring Wales’ biggest stadium widely reported to be £1m per season. That’s despite research from The Sponsor shared [...]

  • Drinks firms ‘have no choice’ but to increase prices, say industry bosses

    January 31, 2026

    Top drinks businesses “have no choice” but to increase prices after facing steep cost hikes from rising alcohol duty, industry leaders have warned. In November’s autumn budget, Chancellor Rachel Reeves confirmed that alcohol duty would increase in line with Retail Prices Index (RPI) inflation. It means that the tax charged on alcoholic drinks will increase [...]

  • Ballad Lines review: A muddled musical with moments of brilliance

    January 30, 2026

    A Jacobean vicar’s wife, a pregnant Presbyterian teen and a 21st-century New York lesbian walk into a bar – Ballad Lines is the result.

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