Astrazeneca to ‘upgrade’ US listing in latest blow to London Stock Exchange September 29, 2025 Astrazeneca has laid out plans aimed at “upgrading” its US listing in the latest blow to the London Stock Exchange. The Cambridge-based pharma giant said it would replace its existing Nasdaq listing of American Depositary Receipts (ADRs), a type of listing for trading overseas shares, with a direct listing of ordinary shares on the New [...]
Natwest chair: Rachel Reeves’ Budget must include radical tax reform September 29, 2025 The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]
Labour to grant settled status only to working migrants September 29, 2025 The UK government will only grant settled status rights to working migrants under radical plans drawn up by Labour’s Shabana Mahmood. In a speech at the Labour Party Conference in Liverpool, Mahmood will tell an audience of activists that the government will tighten its indefinite leave to remain rights, which allow migrants to gain settled [...]
GSK shares rally as chief Emma Walmsley to exit after eight years September 29, 2025 The chief executive of pharmaceutical giant GSK has announced plans to step down from the company at the end of the year. Emma Walmsley, who took the helm of the drugmaker in 2017, will be replaced by chief commercial officer Luke Miels. Miels – the former Executive Vice President of Astrazeneca – also joined the [...]
Labour say manifesto stands ‘today’ as Reeves ducks VAT hike September 29, 2025 The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this morning. Asked whether Brits could face increases to the retail levy, Reeves said: “You’ll know we made those commitments in our manifesto, and those commitments [...]
Could Andy Burnham actually unseat Keir Starmer? September 29, 2025 Andy Burnham has made a bold threat to Keir Starmer, but could he actually unseat the Prime Minister? Eliot Wilson takes a look.
Home Secretary outlines tougher guidelines for those seeking indefinite leave to remain September 28, 2025 Migrants who want to remain in the UK will have to learn English to a high standard, have a clean criminal record and volunteer in their community, the Home Secretary will say. In her Labour Party conference speech on Monday, Shabana Mahmood is expected to set out a series of conditions for those seeking indefinite [...]
Rachel Reeves announces youth guarantee to combat long-term unemployment September 28, 2025 Rachel Reeves will make the case for a society founded on “contribution” as she unveils plans for a “youth guarantee” aimed at driving down unemployment. The Chancellor is expected to say Britain must build on the principle of doing “our duty for each other” and “hard work matched by fair reward”, in a speech to [...]
Government guarantees Jaguar Land Rover £1.5bn loan September 28, 2025 The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]
Starmer refuses to rule out VAT rise September 28, 2025 Prime Minister Keir Starmer has refused to rule out any potential rises to VAT as he reinforced his commitment to Labour’s manifesto pledges in a new interview. In an interview with BBC’s Laura Kuenssberg, after being pressed on potential changes to VAT, Starmer said: “The manifesto stands. We made commitment in that manifesto and the [...]
