Sky in talks to buy ITV’s broadcasting arm for £1.6bn November 7, 2025 ITV has confirmed it is in early talks with Sky over the possible sale of its media and entertainment division, in a move that could reshape the UK television industry. In a statement to the market on Friday, ITV announced that it was in “preliminary discussions” regarding a potential sale of its broadcasting and streaming [...]
FTSE 100 Live: ITV and Sky takeover chatter; House prices rise November 7, 2025 Good morning from the City PM liveblog team. Yesterday, the Bank of England cut rates in a 5-4 decision with Governor Andrew Bailey playing decider. Policymakers at the Bank said the crunch decision weighed up contractions in the jobs market, which could lower inflation levels, and high inflation expectations of around 4 per cent among [...]
Six Nations should stage Ireland matches in USA, but not England ones November 7, 2025 There have been calls this week for Six Nations matches to be played in the United States, and I agree. But it should never be England crossing the Atlantic, and should almost always be Ireland. Andy Farrell’s Ireland successfully staged an epic spectacle at Soldier Field in Chicago against New Zealand. The game was pretty [...]
Higher earners to ‘pay thousands more’ in Reeves’ income tax raid November 7, 2025 Brits earning more than £75,000 could pay thousands of pounds more in tax should Rachel Reeves raises income taxes by 2p while cutting national insurance by the same percentage for those earning under £50,000. The Chancellor warned Brits that everyone will have to “contribute” to her Budget plans earlier this week, which has been interpreted [...]
Lord Frost to head up IEA think tank November 7, 2025 David Frost has been made the director general of the Institute of Economic Affairs (IEA) in a move the right-leaning think tank has said will herald a “new chapter” for the organisation. Lord Frost, the former cabinet minister best known for spearheading the UK’s Brexit negotiations under Boris Johnson, will be responsible for driving the [...]
Retail footfall sinks for sixth straight month as Brits fear Budget taxes November 7, 2025 Footfall at the UK’s shops has declined for the sixth consecutive month, marking another worrying sign for the retail sector. Total activity fell by 0.7 per cent in October, led by drops in shopping centre and retail park footfall, according to the British Retail Consortium (BRC). BRC chief Helen Dickinson said that nervousness around the [...]
FTSE giants urge Reeves to unlock more domestic capital for businesses November 6, 2025 Over 250 companies across the London Stock Exchange have called on the Chancellor to do more to unlock domestic capital from pension funds for UK businesses to boost economic growth. In a letter to Rachel Reeves, signatories including asset manager Schroders and fashion giant Mulberry, warned that there is too little capital invested in the [...]
Brokers and building societies butt heads over cash ISA cut November 6, 2025 Top brokers and building societies have locked horns over whether the Chancellor should follow through with rumoured plans to slash the cash ISA limit. London-based trading platform IG is pushing for Chancellor Rachel Reeves to act on rumours to slash the cash ISA allowance to £10,000, after analysis found it could provide a £7.2bn boost [...]
What does the Bank’s rate decision mean for your finances? November 6, 2025 UK households who were hoping for a rate cut today may be disappointed after the Bank of England held interest rates at four per cent. The decision came amid concerns surrounding high inflation ahead of Chancellor Rachel Reeves’ crunch Budget later this month. Governor Andrew Bailey, who had the deciding vote, said he would “prefer [...]
Firms’ inflation fears highest in two years amid interest rate hold November 6, 2025 Firms’ long-term inflation fears are at their highest level since the end of 2023, a Bank of England survey revealed on Thursday, prompting the majority of Monetary Policy Committee (MPC) members to vote for interest rates to be held. On an average reading in the three months to October, business leaders’ inflation expectations for the [...]
