Generation ‘locked out of home ownership’ in UK housing crisis September 24, 2025 The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
US Stargate expansion highlights UK’s modest AI ambitions September 24, 2025 OpenAI, Oracle, and SoftBank have unveiled plans to construct five new AI data centres across the US as part of the expansive $500bn (£370bn) Stargate project. This initiative aims to achieve 10 gigawatts of compute capacity by the end of 2025, with the latest expansion bringing the total to nearly seven gigawatts and over $400bn [...]
Pat McFadden says lifting two-child benefit cap must be budgeted September 24, 2025 Work and pensions secretary Pat McFadden has conceded that any plans to lift the two-child benefit cap must be “budgeted” amid growing calls from key Labour figures for the Tory-era policy to be scrapped. McFadden warned Labour backbenchers that any commitment to lift the cap would have to be funded by higher government revenue. “Everything [...]
The Pimco boss who thinks philanthropy has a PR problem September 24, 2025 John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the [...]
Adanola: Sales triple at Kendall Jenner favourite September 24, 2025 Sales at Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, have tripled in the space of just two years. The Manchester-based label has reported a turnover of £84.5m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. That total is up from [...]
Converge AI: Meet the UK tech decarbonising concrete with AI September 24, 2025 Concrete is everywhere; It’s in the roads we drive on, the buildings we work in, and the infrastructure that shapes the UK’s cities. Yet despite its ubiquity, it’s also one of the hardest materials to make environmentally friendly. This is the challenge that British construction tech scale-up Converge AI, founded in 2014, is trying to [...]
Labour needs radical thinking to solve the immigration question September 24, 2025 Small boats are a drop in the ocean when it comes to the immigration question. Labour should seek a two-year moratorium on new immigration, writes James Reed.
Cyber attacks cost European businesses over €300bn as insurance uptake lags September 24, 2025 Almost half of businesses in four of the largest European economies reported at least one cyber attack over the last five years, resulting in costs exceeding €300bn (£261bn). According to a new report by British insurance broker Howden, the cyber attacks on businesses in France, Germany, Italy, and Spain over the past five years equated [...]
The Debate: Lime – a friend or foe to Londoners? September 24, 2025 City PM's Debate column asks the hard questions. Today, are Lime bikes a friend or foe to Londoners. Hear what two impassioned commuters think.
Huge losses continue at Haven owner as hundreds of jobs created September 24, 2025 The group behind Haven holiday parks and Warner Leisure Hotels continued to make huge losses in 2024 despite its turnover jumping by almost £100m. Bourne Leisure, which is owned by investment giant Blackstone, has reported a pre-tax loss of nearly £170m for its latest financial year, having also lost £166.5m in 2023. However, new accounts filed [...]
