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Business

  • Rachel Reeves defends Labour against bond market selloff 

    September 9, 2025

    Chancellor Rachel Reeves has launched a defence of Labour’s economic record and blamed her Tory predecessors for the mass selloff in the gilt market despite growing criticism of the government’s fiscal policies.  In a parliamentary session before MPs, Reeves said the government had made “fully funded and fully costed” plans to support its £190bn splurge [...]

  • Tube strikes: With union ingratitude on full display, will Labour finally change course?

    September 9, 2025

    As Tube strikes bring London to a halt, Labour must realise its pushover relations with trade unions have been to no avail, writes Paul Ormerod.

  • Custom House hotel redevelopment gets green light

    September 9, 2025

    The restoration and conversion of Custom House has been approved by Canada corporation after sitting empty for four years. The Grade 1-listed building on Lower Thames Street will be turned into a new 179-room hotel, opening up the historic building to the public for the first time. The site will feature a [...]

  • Nottingham Forest hire Postecoglou after brutal midnight Nuno axeing

    September 9, 2025

    Nottingham Forest have announced former Spurs manager Ange Postecoglou as their new boss, just hours after sacking Nuno Espirito Santo. The Portuguese former manager led Nottingham Forest to Europa League qualification last term but found himself out of a job at midnight last night, despite the 51-year-old signing a new contract in the summer, having [...]

  • Race for Labour deputy reignites wealth tax debate

    September 9, 2025

    Labour’s Islington South and Finsbury MP Emily Thornberry has thrown her hat in the ring for Labour deputy leader and proposed a new wealth tax as part of her campaign, prompting Chancellor Rachel Reeves to strike down calls by ruling out its introduction. Thornberry, the former shadow foreign secretary under Jeremy Corbyn’s leadership who now [...]

  • Reeves must stop punishing SMEs to save lifeless jobs market

    September 9, 2025

    Amid record redundancies and a stagnant jobs market, Reeves must stop punishing SMEs at the next Budget, writes Kevin Fitzgerald.

  • Tube strikes: Sadiq Khan urged to compensate hospitality sector

    September 9, 2025

    Mayor of London Sadiq Khan has been told to ease the financial burden on the hospitality sector as firms face the crunch of tube strikes. Khan, who was criticised for his absence as the strikes got underway, has been urged to give the sector a “rent and rate holiday” so they can weather the strikes. [...]

  • Nvidia and OpenAI to join Trump in UK as questions mount over UK-US tech partnership

    September 9, 2025

    Some of the world’s most powerful tech chiefs are expected to join US President Donald Trump on his state visit to the UK next week, raising expectations of new tie-ups and a reboot for the US-UK tech partnership. Nvidia’s Jensen Huang and OpenAI’s Sam Altman will travel with Trump when he arrives on Wednesday, and [...]

  • Carlyle announce deal with Formula 1 team Red Bull

    September 9, 2025

    Global investment firm Carlyle has announced a multi-year strategic partnership with Formula 1 team Red Bull in a first-of-its-kind deal. The Nasdaq Carlyle Group, with a market cap of $23bn, will use its partnership with the Formula 1 team title sponsored by Oracle to “open new avenues” for engagement, global connectivity and technology. And their [...]

  • UK economy dubbed ‘stagflation-lite’ as Starmer talks up ‘patriotic’ growth mission

    September 9, 2025

    The UK economy is not expected to have recorded any growth in the month of July as leading analysts suggest that a lack of clarity over Labour’s future policies are hitting firms – despite a call from the prime minister for ministers to take on a “patriotic duty” to drive growth.  Rachel Reeves and Keir [...]

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