Nigel Farage: City regulator ‘is a disaster’ September 5, 2025 Nigel Farage has branded the Financial Conduct Authority a “disaster” as he promised his party would overhaul the City’s regulatory landscape. The Reform UK leader – who is hosting the party’s annual conference this weekend – is a strong contender to take the keys to 10 Downing Street in the next general election. Allies of [...]
Savers race to withdraw pension lump sums over tax concerns September 5, 2025 UK pension savers rushed to withdraw their tax free cash over the past financial year, as they braced themselves for possible changes to tax rules on retirement funds. The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent in the 2024/25 financial year to £18.1bn, up from £11.25bn the [...]
UK firms race into AI as Peter Kyle urges regulators to keep pace September 5, 2025 Tech consultancy firm Capgemini has urged that, despite businesses racing to roll out generative artificial intelligence (genAI), most remain aptly unprepared for the governance challenges it will bring. This warning comes just as the UK government leans on the technology to sharpen its competitive edge and cut red tape. The French consultancy’s AI survey, published [...]
Bodycare: Full list of stores to close as 450 jobs lost September 5, 2025 High street health and beauty retailer Bodycare has collapsed into administration with the loss of 32 stores and around 450 jobs being made redundant. Nick Holloway, Chris Pole and Mike Leeds from Interpath have been appointed joint administrators to G.R. & M.M. Blackledge plc, which trades as Bodycare. Founded in 1970 on a market stall [...]
Rayner resigns: Legal advice excuse falls flat in tax duty scandal September 5, 2025 Angela Rayner threw her lawyers under the bus over her brewing tax scandal, but the lawyers rebutted, citing the “arrows stuck” in their backs, as experts insisted she shouldn’t have hid “behind legal advice”. When it emerged that Rayner had underpaid £40,000 in tax on her £800,000 property in Hove, it prompted calls for her [...]
Mike Tyson v Floyd Mayweather to ‘give boxing fans what they want’ September 5, 2025 The trend of big-name but ill-matched money-spinning exhibition boxing fights is set to continue after Mike Tyson and Floyd Mayweather Jr agreed to face off next year. It comes after 59-year-old Tyson’s bout with 28-year-old YouTuber Jake Paul last year became the most-streamed live sports event ever, drawing 65m concurrent views on Netflix. No broadcaster, [...]
Poppy Gustafsson resigns as investment minister September 5, 2025 UK investment minister Baroness Poppy Gustafsson is stepping down less than a year after the former boss of cyber security firm Darktrace was appointed to the role by Prime Minister Keir Starmer. Gustafsson is understood to be leaving to spend more time with her young family, with the announcement due in the next few days. [...]
London Stock Exchange boss: Fix underinvestment for growth September 5, 2025 The boss of the London Stock Exchange has urged the government to fix investment in capital markets to achieve economic growth. Dame Julia Hoggett, the chief executive of the London Stock Exchange, has backed the new ‘Tell Sid’-style campaign announced by Chancellor Rachel Reeves this year in a bid to get Brits investing. Hoggett told [...]
Tube strikes: RMT given 24 hours to avoid travel carnage September 5, 2025 Transport for London has warned the RMT union that it has just 24 hours to stop a major tube strike next week, which is set to shut down every Underground line and the DLR. The union has rejected a pay deal and made a series of demands around working hours and perks, making a settlement [...]
JLR staff told to stay at home amid massive cyber attack disruption September 5, 2025 Thousands of workers at Jaguar Land Rover (JLR) were told to ‘stay at home’, and customers are facing major delivery delays after a cyber attack forced the company to shut down production across its plants. The incident, which began on Sunday, halted the UK’s biggest carmaker’s operations at sites in Solihull, Halewood, Wolverhampton and Castle [...]
