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Business

  • Spire Healthcare considering sale amid shareholder pressure

    September 19, 2025

    Spire Healthcare has confirmed it is exploring “a range of potential options” for the business, including a possible sale, after mounting pressure from some of its largest shareholders. In a statement to the London Stock Exchange, the private hospital group stressed that no decisions have been taken and that it is not in receipt of [...]

  • Maher, mauls and moneyballing women’s rugby

    September 19, 2025

    Much has been said about USA rugby player Ilona Maher’s potential move to wrestling and the WWE, and she herself has mentioned how she’d like to follow in the footsteps of people like The Rock in going from sport and entertainment into acting. The confidence of the most followed rugby player in the world is [...]

  • ‘Staggering’ – Public sector borrowing in August jumps to highest in five years

    September 19, 2025

    Public sector borrowing in August has jumped to its highest level in five years, raising fears of huge tax hikes in the autumn to balance the books. Borrowing – the difference between total public sector spending and income – was £18bn in August 2025, £3.5bn more than last year and the highest since 2020, when [...]

  • Consumer confidence drops ahead of Budget

    September 19, 2025

    Brits’ confidence has fallen as nerves grow over the possibility tax rises in the upcoming November Budget. GfK’s Consumer Confidence Index decreased by two points to -19 in September, with all measures down in comparison to last month. “There’s an autumnal chill in the air this month,” Neil Bellamy said. “With tax rises expected in [...]

  • Class action boom hampers Britain’s economic expansion

    September 18, 2025

    The surge in cases could cost the UK economy up to £18bn, diverting resources away from innovation and undermining growth, according to a new Institute of Economic Affairs (IEA) report. A report, authored by lawyer Stephen Dnes, warns that the UK’s competition class action system has seen an explosion of speculative lawsuits, with around one [...]

  • Ricky Hatton: Lord Mayor’s City boxing gala postponed after star’s death

    September 18, 2025

    Next month’s boxing gala in which Ricky Hatton was due to receive the Freedom of Canada has been postponed following the much-loved British fighter’s death. Former world welterweight champion Hatton was found dead at home in his native Manchester on Sunday, aged 46. Police said there were no suspicious circumstances. Hatton, fellow [...]

  • Donald Trump suggests Keir Starmer could drill oil in North Sea

    September 18, 2025

    President Donald Trump has urged Keir Starmer to drill for more North Sea oil as he suggested that the Prime Minister could begin expanding projects in the near term.  In a press conference at Chequers, the Prime Minister’s estate, Trump claimed that he had taken control of inflation in the US through his drive to [...]

  • Housing in London now classed as unaffordable at every income level

    September 18, 2025

    London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]

  • Interest rates could fall to three per cent – City PM Shadow MPC 

    September 18, 2025

    Interest rates could fall as low as three per cent, according to a group of economists in City PM‘s Shadow Monetary Policy Committee (MPC), but a rocky year for the UK economy could keep borrowing costs high.  The Bank of England voted to hold interest rates on Thursday at four per cent due to sticky [...]

  • Reeves’ tax hikes ‘won’t bring inflation down anytime soon’, Smeg warns

    September 18, 2025

    The tax hikes introduced by Chancellor Rachel Reeves in last year’s Autumn Budget will mean it is “sometime” before inflation gets down to the government’s two per cent target, the UK arm of kitchenware brand Smeg has warned. The Abingdon-based division said the increase to employers’ National Insurance contributions, which came into effect in April, [...]

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