Kemi Badenoch pledges to wield the axe on post-financial crisis banking regulation June 18, 2026 Kemi Badenoch will today step up her efforts to woo the City as she promises to wield the axe on post-financial crisis banking regulation if she manages to clinch the keys to Number 10. “London is having its lunch eaten” by overregulation, the Tory leader will proclaim as she proposes a shakeup of the financial regime that she hopes [...]
Exclusive: London in talks to host return of sumo at Royal Albert Hall June 18, 2026 Sumo wrestling could return to the Royal Albert Hall by the end of the decade as talks between London and Tokyo edge towards a deal, City PM can reveal. London Mayor Sadiq Khan met the Japan Sumo Association in Tokyo this week following on from last year’s give-day Basho at the iconic Kensington arena. It [...]
Kemi Badenoch can still woo the City June 17, 2026 Just under a year ago I sat down with Kemi Badenoch to talk through her plans to win over the City. I left the interview with little to report back. “We are looking at everything,” Badenoch told me at the time. “Our policy renewal programme is trying to get us to a place where we [...]
Hydration breaks: World Cup ad cost could eclipse Super Bowl’s $7m price tag June 17, 2026 Ads during hydration breaks at the Fifa World Cup final could cost more than a Super Bowl commercial, according to one of the world’s biggest advertising groups. This year’s World Cup in North America and Mexico has introduced a drinks break during each half of football, effectively cutting the game into quarters, like many US [...]
John Healey’s principles will cost UK defence companies June 17, 2026 Defence secretary John Healey supposedly quit for British industry, but he has inadvertently handed the main win to its competitors.
Jaguar Land Rover eyes cost-cutting and wealthy buyers in cyber attack recovery June 17, 2026 Jaguar Land Rover (JLR) plans to cut costs by £1.7bn and appeal to wealthy American petrol heads in a bid to recover the cost of last year’s devastating cyber attack. The British car maker, which owns brands including Range Rover and Defender, announced plans to tap into growing demand for luxury products and cater to [...]
HMRC secures £190m VAT appeal win against Bolt June 17, 2026 HMRC has won an appeal against ride hailing platform Bolt over how it calculates and pays its VAT, overturning previous decisions that had ruled in favour of Bolt. This follows an appeal hearing last month brought by the tax authority, which had questioned whether Bolt could use the tour operators’ margin scheme (TOMS). Under this [...]
Matalan kicks off turnaround under new boss as retailer slashes jobs June 17, 2026 Matalan’s new boss has kicked off the fast fashion retailer’s wide-range turnaround which has revamped dozens of stores but caused the loss of more than 600 jobs. Henrik Nordvall, who took the reins as chief executive in November, said he is “encouraged by the progress already underway” as the clothes seller pushes to renew its [...]
England, Kansas City and Taylor Swift: Why FA chose midwest as World Cup base June 17, 2026 England have picked Kansas City as their home from home at the 2026 World Cup, along with three other teams, despite not having any games there. So why has the Taylor Swift-linked midwest become “base camp capital”? Kansas City’s recent contribution to sports discourse has been dominated by the Chiefs’ three Super Bowl wins in [...]
Inheritance tax enquiries surge to six-year high after HMRC clampdown June 17, 2026 Tax authority probes into households’ inheritance tax returns have surged to a six-year high, after a government-led crackdown on avoidance and non-compliance. HMRC opened a total of 4,940 formal inheritance tax enquiries over the last financial year, according to new data obtained by chartered accountants Price Bailey, an 18 per cent increase on the previous [...]
