Kemi Badenoch pledges ‘golden rule’ to cut deficit October 8, 2025 Tory leader Kemi Badenoch will reveal her plan to reduce the public deficit will be a “golden rule” in a crucial speech setting out her party’s hopes to regain voters’ trust on the UK economy. Addressing Conservative Party members on Wednesday, Badenoch is set to lay out a central mission underpinning hopes of reviving the [...]
Blow to Anglo American as disruption at Teck mines leads to cut in production October 8, 2025 Anglo American’s planned merger with Canadian miner Tech Resources has suffered a setback after Teck admitted a series of issues with its mines that would lead to a cut in the production forecasts it had previously given shareholders. Following what Teck described as a “comprehensive operational review,” the company has slashed the upper end of [...]
Motor finance: Lloyds, Barclays shares jump as FCA softens blow October 8, 2025 Shares in motor finance lenders rallied on Wednesday morning after the Financial Conduct Authority dropped a major update on its industry-wide redress scheme. Lloyds Banking Group – which owns the UK’s largest motor finance provider, Black Horse – was up over two per cent to 85.06p. Meanwhile, Close Brothers, which just last week set aside [...]
Hargreaves Lansdown co-founder to step down from board October 8, 2025 The billionaire co-founder of Hargreaves Lansdown is stepping down as board director of the personal investment business months after its £5.4bn acquisition by private equity firms, marking an end to his involvement in the business. Peter Hargreaves, who created the UK’s largest DIY investment site with co-founder Stephen Lansdown in 1981, will be handing his [...]
Football clubs concerned as EFL set to axe its rogue owners test October 8, 2025 The EFL is planning to hand over sole responsibility for assessing the suitability of potential owners to the Independent Football Regulator (IFR), raising concerns among some clubs over whether the new government-backed body has the resources and expertise to make such judgements effectively. The Premier League, in contrast, will continue to operate its own Owners’ [...]
FTSE 100 Live: Bank shares surge; Gold surpasses $4,000 October 8, 2025 Good morning from the City PM live blog team. Arguably no sector has had as sensitive share movement in recent months as the banking industry. In August, following the motor finance ruling, City banks added £7bn in market value after a major boost from the Supreme Court. But less than a month later after the [...]
Reeves urged to increase alcohol taxes to tackle workplace drinking October 8, 2025 Pubs and restaurants up and down the country could be forced to serve up higher booze prices as Rachel Reeves has been urged to add fresh alcohol levies to her menu of tax rises at next month’s Budget. The Institute for Public Policy Research, a left-leaning think tank with close ties to the government, has [...]
The Debate: Would a pact with Reform save the Conservative Party? October 8, 2025 New polling shows almost half the Tory party supports a merger with Reform, so is it time to unite the right?
Conference season has made one thing clear: Labour has already failed October 8, 2025 Polling in the aftermath of Labour conference tells a brutal story of a party that has already failed, writes Brandon Lewis.
Cyber hackers know the weakest spot to target: unhappy employees October 8, 2025 Loyalty has become the frontline of cyber defence. A disaffected employee is more dangerous than the most sophisticated malware.
