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Business

  • On this day in 1888: The Football League kicks off

    September 8, 2025

    Today in 1888, Aston Villa came to an anticlimactic 1-1 draw against Wolverhampton Wanderers as the Football League’s first season began.

  • Spurs not for sale despite Staveley and consortium interest

    September 8, 2025

    Tottenham Hotspur is not for sale despite interest from Amanda Staveley, according to the Premier League side following questions over the club’s future. A statement issued by the north London club was released to quell rumours of a takeover led by former Newcastle United co-owner Staveley and her PCP International Finance investment vehicle. PCP International [...]

  • Phoenix Group: FTSE 100 giant changes name to Standard Life

    September 8, 2025

    Pensions giant Phoenix Group is set to change its name to Standard Life as it adopts the name of the brand it acquired seven years ago. It follows widespread speculation that the board had been considering a name change. The firm stated that Standard Life was its most reputable name and that the change would [...]

  • MasterChef maker’s huge losses continue amid Gregg Wallace scandal

    September 8, 2025

    The production company behind MasterChef continued to make huge losses as the scandal surrounding the show’s presenter Gregg Wallace came to light, it has been revealed. The UK arm of French giant Banijay hit the headlines in November 2024 when Gregg Wallace announced he was stepping away from the hit BBC show after an external [...]

  • Labour is gambling with Britain’s global competitiveness – ‘real-life Iron Man’

    September 8, 2025

    A British engineer and chief executive, known as the ‘real-life Iron Man’, has warned the Labour government is “gambling with Britain’s competitiveness on a global stage”. Richard Browning, a former Royal Marine who leads Gravity Industries, has written an open letter to education secretary Bridget Phillipson expressing concern over the “waning entrepreneurial spirit across our [...]

  • Challenger banks face ‘profitability trap’ at growth crossroads

    September 8, 2025

    The UK banking sector faces a profitability roadblock that will give the industry’s challengers an “existential” turning point.  Fresh data from KPMG suggests the industry’s average return on equity will fall to eight per cent come 2027 down from 13 per cent four years prior. This is set to spark an £11bn reduction in pre-tax [...]

  • UK should be the destination of choice for Asia-based investors

    September 8, 2025

    A new sun is rising in our relationship with our Asian partners. My message to them is clear: whatever you want to do, London can help you, writes Alastair King.

  • The last harvest? How tax changes are impacting British farming

    September 8, 2025

    Britain's food security hangs in the balance as agricultural land is lost to pay inheritance tax bills, writes Sarah Jordan.

  • London hiring slumps as employers suffer from rising costs

    September 8, 2025

    London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs. The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further. Permanent staff places, hires with no fixed [...]

  • Cross-party politicians urges Starmer to prioritise audit watchdog reform

    September 8, 2025

    The Prime Minister has been urged by 66 MPs and Lords in a cross-party alliance to prioritise the long-overdue Audit Reform and Corporate Governance Bill that was promised last year. In the King’s Speech in July 2024, the newly elected Labour government unshelved the Bill that would reform the Financial Reporting Council (FRC) into a [...]

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