Mark Kleinman: Turning Telegraph page is painful reading for RedBird November 6, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City PM column Turning Telegraph page is painful reading for RedBird Gerry Cardinale is not one to give up easily – or quietly. The RedBird Capital Partners principal is now in the third year – and umpteenth iteration – [...]
Pub closures reach new high as hospitality braces for Budget November 6, 2025 Pubs and bars are closing at the fastest rate seen this century, fresh City PM analysis has found, as rising costs squeeze many in the hospitality sector to the point of collapse. The number of British pubs and bar businesses appointing liquidators or administrators surged to 449 in the first 10 months of the year, [...]
Uber Eats new tech aims to beat Deliveroo in Christmas delivery war November 6, 2025 The annual Christmas rush, characterised by frantic supermarket dashes and sold-out delivery slots, is undergoing a fundamental change, with on-demand delivery cementing its role as the crucial last-minute lifeline. Uber Eats has laid out its strategy to dominate this market, deploying a heavy suite of new tech aimed at maximising order efficiency and expanding into [...]
High energy prices make the UK ‘vulnerable’ US ambassador warns November 5, 2025 The US ambassador to the UK has warned Britain’s sky-high energy prices threaten to undermine its status as a major global economy. Speaking at an event at the Savoy Hotel on Wednesday, Warren Stephens described UK energy prices, which are among the highest in the world, as the “chief obstacle” to growth. “Energy costs in [...]
Richard Tice pledges ‘Big Reform’ of City regulation November 5, 2025 Richard Tice has called on City leaders to draw up proposals to radically cut regulation and introduce an overhaul of major financial institutions across the UK as he called for a “Big Reform” of financial services. In an echo of Margaret Thatcher’s Big Bang programme on deregulation, the Reform UK deputy leader set out the [...]
George Osborne: Income tax hike is ‘easier’ option for Reeves November 5, 2025 Former Chancellor George Osborne has said that hiking one of the three main taxes which Labour said they would not raise – income tax rates, VAT and national insurance – would be the “easier” option for Rachel Reeves to add significant revenue. In an appearance before the Treasury Select Committee alongside former business secretary Vince [...]
Tech stocks rally after Tuesday’s sell off November 5, 2025 US stock markets rebounded on Wednesday as investor nerves cooled after billion-dollar short positions disclosed in leading AI companies sent tech stocks in a tailspin on Tuesday. Star fund manager Michael Burry, of The Big Short fame, disclosed a $1.1bn (£843m) wager on Palantir and Nvidia shares falling on Tuesday, after drawing attention to similarities between [...]
UK businesses shrug off Budget tax fears in push for growth November 5, 2025 UK businesses enjoyed a boost in activity in October due to improved demand for good, a leading survey has indicated, in signs that the momentum in growth was growing ahead of the Budget. S&P Global’s purchasing managers’ index (PMI) has offered the Chancellor and the Bank of England some positive relief ahead of crucial policy [...]
AI-assisted shopping starts to go mainstream November 5, 2025 The promised AI revolution in shopping is starting to materialise, with shoppers increasingly trusting agents for personal recommendations ahead of the festive season. Traffic to retail sites from AI tools is expected to surge fivefold year-over-year, with particular boosts on Cyber Monday and Black Friday, according to Adobe. “Traditional models of how consumers react with [...]
‘This is not a game’: Super League Basketball rejects ‘illegal’ BBF deal November 5, 2025 Super League Basketball has dismissed an attempt by the British Basketball Federation to end the legal battle that has torn the domestic game apart and seen the men’s national team banned before it reaches the High Court. In a letter to the BBF sent on Monday, SLB interim chair Sanjay Bhandari rejected a compromise offer [...]
