UK Latest News
- Cost of hiring graduates shot up after Reeves’ tax raidsThe cost of hiring graduates and other young Brits in entry-level roles increased by seven per cent in real terms after Chancellor Rachel Reeves hiked employers’ national insurance and raised the national living wage, economists have found. A new set of forecasts and analysis by the National Institute of Economic and Social Research (Niesr) has […]
- New Years optimism wears off as economic expectations drop New Year’s optimism is beginning to fall away with the number of people expecting the economy to improve this year falling at the start of February. According to the latest City AM/Freshwater Strategy poll of UK voters, the number of people expecting the economy to improve in the next 12 months has fallen by four […]
- Crispin Odey firm discovered dozens of ‘inappropriate conduct claims’Crispin Odey’s wound down hedge fund unearthed nearly 50 allegations of “inappropriate conduct” made by female staff about the disgraced hedge fund manager during an internal investigation, newly released court filings show. In evidence submitted by the Financial Conduct Authority, the founder of Odey Asset Management is accused of engaging in at least 46 instances […]
- Anthropic’s new AI legal tool wipes billions off European data stocksShares in Europe’s biggest data, publishing and legal software groups slumped after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close to 11 per cent, while Pearson dropped around four per cent. London […]
- Disney names new CEO as UK streaming shows early liftWalt Disney has ended its long-running succession drama by appointing parks chief Josh D’Amaro as its next chief executive, as the group begins to see tentative signs of recovery in its UK streaming business. D’Amaro, chairman of Disney Experiences, is to take over from Bob Iger at Disney’s annual meeting on 18 March. Iger, who […]
- Auto-enrolment closed the gap but more needs to be done, says pension ministerThe introduction of auto-enrolment in 2012 helped boost pension savings, but more needs to be done to encourage people to save for retirement, a leading government official has said. Speaking at the Association of British Insurers conference, pensions minister Torsten Bell acknowledged the importance of auto enrolment, with savings rates for eligible workplace employees doubling […]
- Guardiola calls out Premier League clubs for not winning trophiesManchester City manager Pep Guardiola has called out big Premier League clubs for not winning trophies despite spending more over the last five years. After the January transfer window closed on Monday – which saw the 20 Premier League clubs spend around £400m – City’s net spend over the past five years sat at £396m […]
- Criminal investigation launched into Mandelson’s Downing Street ‘leaks’A criminal investigation has been launched into Peter Mandelson, according to reports. The news comes after the scandal-hit politician decided to step down from the House of Lords following fresh pressure on the Labour veteran after the latest bombshell drop of the Epstein files. The Lord Speaker said on Tuesday afternoon Mandelson would exit the […]
- Big banks bet on gold rally as metals channel meme stockIt’s all over for doughnuts and cameras as social media’s retail investors set their sights on a new favourite investment meme. Precious metals’ start to 2026 has been nothing short of a rollercoaster. Gold rose 65 per cent last year, hitting multiple fresh records as geopolitical tensions flared. Investors flocked to the traditional safe-haven asset […]
- Bank of England should hold interest rates, City AM Shadow MPC saysThe Bank of England should hold interest rates to get inflation back down to two per cent, City AM’s Shadow Monetary Policy Committee has said, as policymakers find insufficient evidence to lower borrowing costs. The nine economists, who responded independently from their respective organisations, said recent data on price growth should be treated cautiously by […]