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Business

  • Crystal Palace owner and F1 driver Gasly back Drive to Survive star’s MotoGP takeover

    January 30, 2026

    Crystal Palace owner David Blitzer, Burnley owner ALK Capital and Formula 1 driver Pierre Gasly have emerged as part of Drive to Survive star Guenther Steiner’s takeover of MotoGP team Tech3. Former Haas F1 team principal Steiner spearheaded a buyout that was announced four months ago and has seen the Italian installed as CEO of [...]

  • Schroders signs deal with leading Chinese battery maker

    January 30, 2026

    Leading asset management firm Schroders has signed a deal with a Chinese battery making giant, amid chief executive Richard Oldfield’s trip to China, led by prime minister Keir Starmer. The group’s Schroders Greencoat business, which invests in renewable energy infrastructure, signed the deal with Contemporary Amperex Techology (CATL) and Hong Kong based private equity firm [...]

  • London house prices ‘need’ to fall amid supply increase, housing minister says

    January 30, 2026

    House prices “probably need” to fall in London, the housing minister has said, after insisting that the government’s 1.5m home building target could still be met. Matthew Pennycook said Labour wants to encourage developers to compete on volume in order to ramp up housing supply and make homes more affordable. There are “people in London [...]

  • US tech stocks slide as Microsoft rout sharpens AI spending doubts

    January 30, 2026

    US technology stocks sold off sharply on Thursday, as a bruising slump in Microsoft sparked investor unease over how long it will take for mass AI investments to pay off. The tech-heavy Nasdaq Composite closed down 0.72 per cent at 23,685, weighed down by heavy losses across software giants. The S&P 500 slipped 0.13 per [...]

  • Don’t blame universities for the graduate crisis

    January 30, 2026

    Blaming universities for the graduate crisis is convenient, but it isn't true, writes Eliza Filby. Here's what's actually gone wrong.

  • Williams F1 adds banking giant to partner roster ahead of pivotal season

    January 30, 2026

    Banking giant BNY has joined Williams F1’s suite of blue-chip sponsors as the team steps up preparations for the 2026 season. As part of the partnership, BNY’s branding will be emblazoned on the kit of drivers Alex Albon and Carlos Sainz, and the bargeboards, chassis top and halo of the team’s FW48 car. The New [...]

  • Is Starmer’s China visit a lose-lose trip?

    January 30, 2026

    Starmer was looking for win-win, Golden Era opportunities from his China visit, but the reality has yielded few tangible outcomes.

  • Who is Kevin Warsh, the man expected to become the next Fed chair?

    January 30, 2026

    US President Donald Trump has said he will name his pick for Federal Reserve chair on Friday, ending months of speculation over who will replace Jerome Powell at the head of the US central bank. Trump said on Thursday evening that he would confirm the name of his candidate “tomorrow morning”, somebody who “is very [...]

  • HSBC and Sage tackle Making Tax Digital burden for SMEs

    January 30, 2026

    HSBC UK is launching a new digital tax tool inside its business banking platform, as the countdown to the government’s biggest shake-up of income tax reporting enters its final phase. Built using embedded tech from Sage, the service, called My Business Finances, will allow small business owners to manage invoicing and tax reporting. The move [...]

  • ‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade

    January 30, 2026

    A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]

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