Revolut, Mastercard, Visa lose legal battle on card fees cap January 15, 2026 Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on card fees for overseas transactions. The trio of payment giants brought a judicial review to the High Court following a decision by the Payment Systems Regulator (PSR) in December 2024, confirming that it would consult on the [...]
Khan urges Reeves to bring back tax-free shopping January 15, 2026 Mayor Sadiq Khan has called on Chancellor Rachel Reeves to bring back tax-free shopping for tourists to drive public revenue gains. Khan has lobbied the Treasury to re-introduce VAT-free shopping for visitors more than four years after the previous Conservative government scrapped the perk. Conservative City Hall member Thomas Turrell raised the issue of tourism [...]
Manchester United owner Ratcliffe cuts asking price in bid to offload club January 15, 2026 Manchester United co-owner Sir Jim Ratcliffe has cut his asking price for OGC Nice as he attempts to trim the French club from his shrinking Ineos sports portfolio. Ratcliffe bought the Ligue 1 outfit for €100m in 2019, two years after the side based on the French Riviera had finished third in the domestic league, [...]
Amol Rajan to step down from BBC Radio 4’s Today programme January 15, 2026 Amol Rajan is to step down from BBC Radio 4’s Today programme later this year, ending a four-year stint as one of the flagship show’s presenters, according to the BBC. Rajan will remain with the company and continue to present University Challenge as well as the Radio 4 podcast ‘Radical with Amol Rajan’. An announcement [...]
Watch: We’ll regret granting this embassy to hostile China January 15, 2026 Is China our enemy or our ally? Is it an adversary or a partner? The trading relationship is huge, but so are the security risks. In the City, China means big business. Last year the UK exported £30bn worth of goods and services to China while we bought £70bn worth from them. But we exported [...]
Exclusive: RFU ready to block London Irish or Ealing move to URC January 15, 2026 The RFU is ready to block London Irish or Ealing Trailfinders from competing in the United Rugby Championship amid interest from the multi-national league, City PM understands. Reports in Wales this week stated that URC chiefs are open to a London team joining the league to fill a gap that will be left by the [...]
Starmer in dire straits as British voters pessimistic on almost every issue January 15, 2026 Leaders rarely fail because of a single decision. Starmer's problem is that voters are pessimistic on almost every major measure.
That’s why mums go to adland: Retailers’ big media drive January 15, 2026 With an abundance of information about their customers at their fingertips, some of the UK’s largest retailers are looking and behaving increasingly like media agencies, writes Ali Lyon Having a baby tends to be a highly personal journey. Conscious of the all-important three-month miscarriage cut-off, many wannabe parents will, quite understandably, think painstakingly about who [...]
Sadiq Khan: AI could bring ‘mass unemployment’ to London January 15, 2026 Sadiq Khan has warned that AI could become a “weapon of mass destruction” for jobs across London unless the government takes proactive action to ease its impact on work. The London Mayor said AI’s impact on the capital city will be “nothing short of colossal” over the coming years. In a Mansion House speech to [...]
Nike returns to British and Irish Lions shirt for first time since 1993 January 15, 2026 Nike will produce the British and Irish Lions shirt for the first time in over 30 years after agreeing a partnership with the touring rugby side. The brand will be the official kit provider of the Lions, and will make the kit for the inaugural Lions Women’s Team tour to New Zealand in 2027. The [...]
