UK government borrowing soars in September to highest in five years October 21, 2025 UK government borrowing soared north of £20bn in September, official data has revealed, in another blow for Rachel Reeves as she gears up for a painful tax-raising Budget next month. The Office for National Statistics (ONS) said government borrowing over the month was the highest seen for five years and an increase of £1.6bn compared [...]
Unilever: US government shutdown delays ice cream float October 21, 2025 Consumer goods giant Unilever has paused the launch of its ice-cream arm on New York’s stock exchange due to delays at the bourse’s security commission. The US government shut down at the start of October when Democrats and Republicans failed to come to an agreement on spending, with no end in sight. Unilever said the [...]
Arsenal urged by fans to abandon Visit Rwanda renewal talks October 21, 2025 Arsenal have been urged by fans to reconsider their controversial partnership with Visit Rwanda after City PM revealed the two parties were in talks to extend the deal. Discussions over a renewal on terms that would represent an increase on the £10m a year that Visit Rwanda pays Arsenal are understood to be at an [...]
FTSE 100 Live: Public borrowing jumps, Coca Cola £2bn takeover October 21, 2025 Good morning from the City PM liveblog team. The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares [...]
Are super clubs dead? October 21, 2025 With young people now opting for smaller, cheaper and more intimate venues, the days of the super club look numbered, writes Sacha Lord.
FCA’s diversity requirements go ‘far beyond remit’, report warns October 21, 2025 The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”. Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]
UK needs a minister for drones to prepare for modern warfare October 21, 2025 As autonomous warfare spending edges towards a quarter of the MoD’s budget, it makes sense to appoint a dedicated minister for drones.
Third of employers would hire young people if offered tax credits October 21, 2025 Over a third of employers would hire more young people if they were offered tax credits, fresh research has found, amid reports the government is drawing up a plan to subsidise employment for under 24-year-olds. Research by the Recruitment and Employment Confederation (REC) showed some 36 per cent of employers claiming they would offer role [...]
Railways an ‘untapped resource’ for housebuilding drive October 21, 2025 Railway stations are a crucial untapped resource for housebuilding and economic growth, according to a new report. The Railway Industry Association (RIA), which represents suppliers to the sector, has called for a significant housebuilding drive within a 10-minute radius of railway station sites. “The railway is the economic backbone of the United Kingdom… [our proposal] shows [...]
Labour’s alarmed by the Green surge? So am I. October 21, 2025 Spare a thought for Keir Starmer; he seems to have been so busy fighting a monster on the right, in the form of Nigel Farage, that he hasn’t noticed another deadly enemy emerging on the left. At least, that’s the concern expressed by some Labour MPs alarmed by the rise of the Greens and, specifically, [...]
