Reeves’ £28bn wealth fund under fresh scrutiny November 13, 2025 Rachel Reeves’ flagship National Wealth Fund has come under scrutiny after an audit identified “weaknesses” in the multi-billion pound vehicle’s risk controls. An audit of the National Wealth Fund (NWF) pointed to potential failures in the effectiveness of risk, management, governance and internal controls. Whilst the findings from the report confirmed “improvements have taken place”, [...]
UK must stop treating wealth as an offence November 13, 2025 Wealth creators are not a target, but the UK’s greatest economic fuel. The government won't get anywhere before it recognises it.
Wolff Mercedes stake sale will have impact on value of Formula 1 November 12, 2025 The valuation placed on Formula 1 team Mercedes after co-owner Toto Wolff’s interest in reducing his stake will have a welcome impact on the overall worth of the sport, experts have suggested. Wolff co-owns the outfit – officially titled Mercedes AMG Petronas F1 Team – equally with the eponymous German car manufacturer and Ineos billionaire [...]
Nandy hauled to Commons over Kogan’s regulator appointment process November 12, 2025 Lisa Nandy was hauled in front of the House of Commons on Wednesday to answer questions surrounding the process which led to the appointment of David Kogan as chair of the Independent Football Regulator. The media rights expert was given the new-found role despite donating to both the DCMS secretary of state and the Prime [...]
AI becomes UK businesses’ first line of defence amid regulatory uncertainty November 12, 2025 AI has moved from an experiment to the primary ‘first line of defence’ for UK businesses facing regulatory scrutiny and operational uncertainty. According to new data from consultancy firm Elixirr, nearly half of UK businesses stated that all resilience-focused investment now flows to technology and AI. This comes as an overwhelming number of UK business [...]
Santander X – Ana Botin November 12, 2025 At Banco Santander, in the past 10 years we have developed a global proposition focused on three core pillars: education, employability and entrepreneurship. We are truly committed to these goals in close partnership with universities, entrepreneurs and small businesses across the world. In 2024 alone, over 50,000 businesses engaged with Santander X Awards, our long-standing [...]
Barcelona hint at a return to Camp Nou for Messi November 12, 2025 Lionel Messi could be the star draw at the Camp Nou one last time with the former Barcelona player invited to return to Spain for a tribute match. The 37-year-old is currently the man of the moment at Major League Soccer club Inter Miami FC having left Europe in 2023 after 19 seasons on the [...]
Labour tightens cyber rules after JLR and M&S breaches November 12, 2025 The government has introduced its long-awaited cyber security and resilience bill to parliament, promising to toughen the UK’s defences against the growing wave of cyberattacks on businesses and public services. Ministers say the new legislation represents a ‘step change’ in national security, with the aim of protecting vital services such as energy, water and healthcare [...]
Shawbrook’s private equity owner eyes another £3bn IPO November 12, 2025 The private equity owner of specialist lender Shawbrook is eyeing another blockbuster listing for one of its portfolio companies, fresh reports have suggested. Pollen Street Capital is understood to be laying the groundwork for an IPO for its UK insurer Markerstudy with conversations underway with investment bankers over a listing that could value the firm [...]
Calls for Prem Rugby franchising grow as clubs register debts of £340m November 12, 2025 The 10 Prem Rugby clubs registered combined debts of £340m in the 2023/24 season as calls for a radical franchising process grow louder. Despite encouraging signs of growth in commercial income, the clubs in England’s top flight made a combined loss of £34m, according to the Leonard Curtis Rugby Finance Report. It comes as City [...]