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Business

  • UK inflation faces December bump from travel and food costs

    January 18, 2026

    UK inflation may have edged higher at the end of last year, with Christmas travel and higher duties pushing up prices, economists have warned. Several forecasters expect the Consumer Prices Index (CPI) to have ticked up in December after falling sharply in November. Economists at Pantheon Macroeconomics say they expect inflation to rise to 3.3 [...]

  • Starmer slams Trump’s UK tariff threat over Greenland

    January 18, 2026

    Keir Starmer has joined European leaders in condemning Donald Trump’s plan to impose sweeping tariffs on the UK and several Nato allies. The prime minister has warned the move risks damaging transatlantic trade and collective security. The US president said goods exported from the UK to the US would face a 10 per cent tariff [...]

  • NBA Europe open to sovereign wealth and in talks with family offices

    January 18, 2026

    The NBA is open to sovereign wealth funds buying franchises in its proposed European basketball league, says the US sports giant’s commissioner Adam Silver. Speaking in London ahead of the NBA game on Sunday at the O2 and a presentation to potential commercial partners the following morning, Silver said the league and its advisors were [...]

  • Regional stadiums: the infrastructure solution for WSL and women’s football?

    January 18, 2026

    Women’s football is one of the fastest growing sports and investment opportunities in the UK right now – think Michelle Kang’s cash injection at London City Lionesses or Alexis Ohanian’s £20m investment in Chelsea Women.  In the 2023/24 season Deloitte reported that the 12 Women’s Super League (WSL) football clubs generated an aggregate revenue of £65m [...]

  • Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’ 

    January 18, 2026

    Nearly two years ago Close Brothers chief executive said the bank would take “decisive actions” to strengthen its financial standing.  The bold overhaul of the lender’s capital structure came amid the Financial Conduct Authority’s (FCA) review into the motor finance industry – a sector which made up 20 per cent of its £9.5bn loan book [...]

  • Kemi Badenoch joins protesters calling for Government to stop China mega-embassy

    January 17, 2026

    Conservative Party leader Kemi Badenoch called for the Government to stop China’s proposed central London “mega-embassy” when she spoke at a protest on Saturday. The Government is facing mounting calls to reject Beijing’s plans for the embassy at Royal Mint Court over security concerns. Hundreds of protesters gathered outside the site on Saturday afternoon, some [...]

  • The Jenga Effect: Why professional rugby’s collapse has already happened

    January 17, 2026

    Professional rugby is not approaching collapse; it is recognising one that already occurred and mistaking that recognition for failure. What we are watching across leagues, unions and competitions is not chaos, bad luck or incompetence finally catching up, but the delayed visibility of a structural outcome that was locked in years ago. What feels sudden [...]

  • ChatGPT to trial adverts for some users for the first time

    January 17, 2026

    Online AI tool ChatGPT will begin to show users adverts for the first time, as it looks to recover from financial losses. Open AI, the bot’s developer, said it would start displaying adverts in the coming weeks based on what people ask ChatGPT as well as personal data the tool stores on users. Relevant ads [...]

  • ‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row

    January 17, 2026

    A spat over in-flight Wi-Fi has spiralled into a verbal brawl between Elon Musk and Ryanair chief executive Michael O’Leary. The clash tumbled into the open after O’Leary dismissed Musk and his satellite internet business Starlink in a radio interview on Ireland’s Newstalk, calling him “an idiot”. The verbal row widened to O’Leary telling listeners [...]

  • Sack Streeting, cabinet ministers urge Starmer

    January 17, 2026

    Sir Keir Starmer has faced calls from cabinet ministers to follow Kemi Badenoch’s playbook and sack health secretary Wes Streeting for disloyalty. Ministers are becoming increasingly frustrated about Streeting’s forthright public criticisms of the Labour party, with some privately accusing him of putting his leadership ambitions first and “attacking No 10”. One cabinet minister told [...]

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