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Business

  • Welsh Rugby Union enters into £55m debt refinancing agreement amid domestic turmoil

    January 21, 2026

    The troubled Welsh Rugby Union has entered into a £55m debt refinancing agreement as the governing body eyes stadium developments amid domestic turmoil. The WRU has borrowed from Goldman Sachs and HSBC in order to pay off existing debts to NatWest and various government bodies in a refinancing package that will play out over a [...]

  • Coffee and sugar drive surging food inflation

    January 21, 2026

    Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise.  The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by [...]

  • Cirque du Soleil OVO, Royal Albert Hall review: Amazing tricks, okay clowns

    January 21, 2026

    Roll up, roll up, the circus is in town! Royal Albert Hall has once again been transformed into the most glamorous of big tops for OVO by Cirque du Soleil. 

  • George Osborne: I got gig with Sam Altman by cold-calling OpenAI

    January 21, 2026

    For most people, the hunt for a plum job is a torturous process involving cover letters, CVs and several rounds of interviews. But if you’re a former chancellor of the exchequer it seems all you need to do, is cold-call human resources and you can land a top role at one of the world’s fastest-growing [...]

  • UK’s net zero drive singled out in Trump attacks

    January 21, 2026

    The UK’s net zero policies were singled out in President Trump’s long tirade against European energy struggles at the World Economic Forum in Davos.  President Trump described the UK economy’s struggles in stark terms, suggesting that the Labour government had disregarded “one of the greatest reserves in the world” at the North Sea.  In his [...]

  • FTSE 100 rebounds as Trump rules out taking Greenland by force

    January 21, 2026

    Global markets bounced back into the green on Wednesday after President Donald Trump confirmed the US would not use military action to seize Greenland. In his address at the World Economic Forum in Davos, Trump said: “All the US is asking for is a place called Greenland”. “We never ask for anything and we never [...]

  • Only pubs set to benefit from business rates U-turn as hoteliers barred

    January 21, 2026

    Pubs will be the only businesses to benefit from the government’s business rates U-turn as other hospitality firms will be shut out from tax relief, Rachel Reeves has hinted.  The Chancellor told reporters at Davos that pubs face a different situation to the rest of the sector, likely meaning hotels and other hospitality businesses will [...]

  • Wealthy London boroughs see house prices plummet amid Budget speculation

    January 21, 2026

    Inner London house prices plummeted at their fastest pace since the global financial crisis in November, after  property taxes speculation in the lead up to the Autumn Budget and affordability constraints damaged market activity. The 4.6 per cent year on year drop of house prices in the capital in November followed a 4.3 per cent [...]

  • Starmer: I will not yield to Trump

    January 21, 2026

    Keir Starmer said President Trump’s tirade against the Chagos Islands deal was to “pressure” him to change tune on Greenland, adding he would “engage constructively” with the US administration and other allies.  During Prime Minister’s Questions, Starmer defiantly defended his position on upholding Greenland’s sovereignty, suggesting Trump’s unexpected attack on Chagos in a Truth Social [...]

  • Ryanair boss could land near-£2bn payout after Elon Musk feud

    January 21, 2026

    The boss of Ryanair could land a cash payout of as much as £1.7bn if the world’s richest man, Elon Musk, acts on his threats to buy the airline. Michael O’Leary, who has been chief executive of the County Dublin-based business for more than 30 years, has accumulated the sixth-largest stake in the company, with [...]

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