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Business

  • UK markets need radical reform, not the Chancellor’s endless tweaks

    November 27, 2025

    ISA reform and stamp duty relief are sticking plasters for a stock market that needs major surgery, writes Tim Focas.

  • Big Tech pays up as Reeves keeps digital tax

    November 27, 2025

    The Treasury slipped out its long-awaited review of the UK’s Digital Services Tax alongside yesterday’s Budget – and despite months of diplomatic sabre-rattling from Washington, the government is digging in. Big Tech, it seems, will still have to cough up. The report, required by legislation and published with all the enthusiasm of a rainy Tuesday, [...]

  • Multi-billion Earls Court redevelopment given green light

    November 27, 2025

    A £10bn masterplan to redevelop the former Earls Court Exhibition Centres has been given the green light by Hammersmith council. The planning committee unanimously agreed to grant planning permission for the 44-acre site, which will be transformed as a new neighbourhood with around 4,000 homes in addition to leisure and cultural venues. “Earls Court will [...]

  • MMA in the Olympics? New global body targets Games inclusion

    November 27, 2025

    Mixed-martial arts could be added to the Olympic Games under plans announced today by Asian MMA chiefs.  The Asian Mixed Martial Arts Association (AMMA) says it wants to unify the sport under a new world governing body called FIMMA, which will meet for the first time next week.  They believe that will boost their chances [...]

  • Brain drain: Net migration plummets to pre-pandemic low as more Brits flee 

    November 27, 2025

    Net migration has fallen to a pre-pandemic low, official statistics have shown, as successive Tory and Labour governments have looked to tighten controls on visas.  The Office for National Statistics (ONS) has said net migration dropped to 204,000 in the year ending June 2025, around two-thirds lower than levels a year earlier.  The large fall [...]

  • Banks to pay ombudsman more as Treasury crackdown costs £8m

    November 27, 2025

    Banks will pay more to the Financial Ombudsman Service in the next year as the body strums up cash for its bill to meet the Treasury’s clampdown. Financial services will pay the FOS £86m in the 2026/27 financial year – an increase of £16m – under new proposals, which aim to beef up the Compulsory [...]

  • ‘Deceiving’ Budget: Reeves to delay debt ‘repair’ amid interest rate hold fears

    November 27, 2025

    A left-leaning think tank has sounded the alarm on the the delay of the “repair job” for public finances after Rachel Reeves increased short-term borrowing levels to pay for higher welfare spending next year. The Resolution Foundation, which was previously headed by Treasury minister Torsten Bell, suggested Rachel Reeves’ Budget was “deceiving” by back-loading consolidation [...]

  • Relief for Cirata after FCA closes investigation

    November 27, 2025

    Cirata execs have breathed a sigh of relief after the financial regulator closed a two-year investigation into the software firm, drawing a line under the dramatic events that caused the firm’s stock to plummet. In March 2023, Cirata – or Wandisco, as it was then known – revealed it had massively overstated its sales figures, [...]

  • JP Morgan makes £10bn UK bet as banks dodge tax raid

    November 27, 2025

    JP Morgan is set to double down on the UK with plans to build its largest European presence through a new tower in Canary Wharf. The US banking juggernaut said it intends to build a new 3m square feet tower in London, which will inject as much as £10bn over the next six years into [...]

  • Stokes, McCullum, ECB: Who’s to blame for England’s latest Ashes failings?

    November 27, 2025

    Assessing true accountability for England’s Ashes collapse requires tracing failure back through the chain, argues Ed Warner. “Still seething!” The WhatsApp from a prominent cricket podcaster arrived a full 48 hours after England’s capitulation in the opening Ashes Test. Did I want to provide him with a sound-bite on what appeared more than just a [...]

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