UK Latest News

UK Latest News

• Defence Secretary announces £9bn investment to modernise military housing
  More than 40,000 homes for military families are to be modernised as part of a £9 billion overhaul of armed forces accommodation. Defence Secretary John Healey said the Government would undertake “the biggest renewal of armed forces housing in more than 50 years” in a drive to “back Britain’s military families”. The plan will see […]
• Badenoch ‘rebuilding’ Tories as she marks a year as leader, she says
  Kemi Badenoch has said she is “rebuilding” the Conservative Party, as she marks her first year as Tory leader. Badenoch’s first anniversary since taking over as Tory leader is on Sunday, November 2. She came to the helm of the Conservative Party after a leadership contest triggered by Rishi Sunak’s resignation in the wake of […]
• Reeves plans Autumn Budget tax raid on mansions
  Rachel Reeves is strongly considering a change to council tax payments as a way for owners of more expensive houses to pay more, according to people familiar with the matter. The move would be instead of a direct selling tax on expensive houses, which experts have warned would simply gum up the market as fewer […]
• Formula 1 and The Hundred offer lessons in governance for fragmented likes of rugby
  To succeed, sports need governance structures that empower one entity to steer it, as in Formula 1, The Hundred and SailGP, writes Nevin Truesdale. The increasing commercialisation of sport has seen historical governance structures come under scrutiny. As in any business, governance structures are central to the ability to evolve in response to a changing […]
• Business confidence at ‘rock bottom’ as tax rumours spook directors
  Business confidence remained at “rock bottom” in October as Budget rumours test executives’ nerves amid fears of rising costs and a collapse in growth, a top industry group’s survey has indicated.  Rachel Reeves has publicly said that tax hikes are under consideration at this year’s Budget while rumours have suggested big businesses could be hit […]
• Londoners race to invest as the rest of the country falls behind
  Londoners are gearing up to invest in the stock market in 2026 but the rest of the country is failing to shift away from cash savings.  According to fresh research from wealth manager Stratiphy, nearly 70 per cent of Londoners are planning on investing in the next 12 months, in a bid to secure higher […]
• Lucas Paqueta spared fine amid mental health concerns following fixing probe
  Lucas Paqueta has avoided a fine despite being found guilty of not cooperating with an FA spot-fixing investigation in part because of concerns about the West Ham star’s mental health. An independent regulatory commission said that Paqueta, who was cleared of spot-fixing earlier this year, would typically have been fined but that “the truly exceptional […]
• Fresnillo moves into Canadian market after major acquisition
  FTSE mining giant Fresnillo is set to break into Canada after it agreed terms to acquire gold exploration company Gold Probe Inc. The Mexico focused mine operator will purchase Probe for CAD$780m (£423.7m) including access to its Val d’OR mining camp in Quebec. Under the terms of the deal, Fresnillo will acquire 100 per cent […]
• Cindrigo shares lift as energy firm debuts on London’s main market
  Energy developer Cindrigo today became the latest business to float on the London Stock Exchange, rounding off one of the busiest months for London listings in years after a prolonged drought. The Finnish business has joined the main market of the exchange after raising proceeds of £2.1m. The shares have been priced at 12p each, […]
• AI bubble fears dismissed as sector bets on lasting tech boom
  Federal reserve chair Jerome Powell recently poured cold water on mounting fears that the AI boom is heading for a spectacular bust, arguing that the current surge in investment bears little resemblance to the dot-com frenzy that ended in tears two decades ago. In a press conference following the Fed’s latest rate decision this week, […]