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Business

  • Rachel Reeves admits Labour has disappointed Brits

    August 2, 2025

    Chancellor Rachel Reeves has admitted that the Labour government has disappointed some Brits after it raised £40bn in taxes at last year’s Autumn Budget. The Labour government have come under fire for its high-tax and high-spend policies in power despite claiming it would be more business-friendly during electoral campaigns last year. Now Rachel Reeves has [...]

  • Government defends Online Safety Act after X claims it threatens free speech

    August 2, 2025

    The Government has defended the Online Safety Act after Elon Musk’s X said the legislation was threatening free speech. In a post titled What Happens When Oversight Becomes Overreach, the platform, formerly known as Twitter, outlined criticism of the act and the “heavy-handed” UK regulators. The Government countered that it is “demonstrably false” that the [...]

  • Trump removes jobs data official after employment report

    August 2, 2025

    President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]

  • Inside SLB v BBF: Top lawyers, bitter barbs and the European Super League

    August 2, 2025

    Next week lawyers representing Super League Basketball clubs will lodge their response to a counter-claim from the British Basketball Federation, the latest move in a High Court legal battle that is giving the sport much-needed attention but for all the wrong reasons. In a nutshell, the BBF has stripped SLB of its licence to run [...]

  • For London to remain a business travel hub, we’ve got to sort out Heathrow

    August 2, 2025

    Without Heathrow upgrade, London risks losing the economic benefits of being Europe’s leading business travel hub, writes Andrew Crawley While collaboration and virtual meeting tools have become commonplace, organisations are still profoundly aware of the value of in-person connection. People will always want to do business with those they trust, and there’s something about meeting [...]

  • Motor finance lenders still on the hook after Supreme Court ruling

    August 2, 2025

    A lukewarm win in the landmark motor finance case has allowed City banks to skirt a nightmare scenario, whilst still remaining open to a regulatory redress scheme. The Supreme Court found that the customers’ claims against the lenders couldn’t succeed based on fairness, known as equity, or tort, which refers to any wrongful actions worthy [...]

  • ‘Let’s make it happen’: Zharnel Hughes keen on Hudson-Smith 300m duel

    August 1, 2025

    Sprinters Zharnel Hughes and Matt Hudson-Smith will be taking on the best of British at this weekend’s UK Athletics Championships, but if they had their way they’d be going head to head. Hughes, Britain’s fastest man over 100m and 200m, and European 400m champion Hudson-Smith, have regularly traded friendly fire on social media about who [...]

  • Relief for banks after lukewarm motor finance win

    August 1, 2025

    Lenders across the City are breathing a sigh of relief after today's landmark Supreme Court ruling, which upheld the appeals of two banks in the high-profile motor finance commission case.

  • Pharma stocks suffer as Trump demands prescription slash

    August 1, 2025

    Pharmaceutical stocks across the global markets have taken a hit after Trump demanded drug companies lower prices for American consumers. Trump’s threat against pharmaceuticals has given healthcare sector investors “a dose of the blues” after his letter to various company bosses. It outlined that they should either cut US prescription prices or face a tariff [...]

  • Barclays follows HSBC in ditching net zero banks club

    August 1, 2025

    Barclays has become the second London-based bank to exit the net zero banks club as the financial services industry continues to row back on climate policies. The FTSE 100 giant – which recorded a £1bn profit jump for the second quarter – said on Friday the UN-convened Net Zero Banking Alliance (NZBA) “no longer has [...]

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