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Business

  • NBA invests in Silicon Valley firm ahead of London game at the O2

    January 14, 2026

    The NBA has announced an investment in Silicon Valley firm Evergent Technologies on the eve of the US basketball league’s long-awaited return to London this weekend. The tech firm is a key cog in the competition’s successful NBA League Pass direct-to-consumer platform, which offers live streaming of games to subscribers in more than 185 countries.  [...]

  • Netflix flashes the cash to end Hollywood’s bidding war

    January 14, 2026

    Netfix is reportedly readying an all-cash offensive to secure its long-awaited $83bn takeover of Warner Bros, in a move set to kill off a persistent hostile bid from rival Paramount Skydance. The Los Gatos streaming giant is set to snub the cash and stock bid in favour of a simpler, hard-currency deal, as it aims [...]

  • Tories call Miliband’s latest offshore wind push ‘a vanity project’

    January 14, 2026

    Ed Miliband has reaffirmed the UK’s ambitious 2030 clean power goal with the biggest ever expansion of offshore wind farms that could add as much as £1.8bn a year onto households’ energy bills. The government unveiled an auction of offshore energy sites with a total capacity of 8.4 gigawatts, far outstripping analyst estimates and enough [...]

  • Reeves confirms ‘temporary support’ for pubs amid row over misleading claims

    January 14, 2026

    Rachel Reeves has confirmed “temporary support” for pubs in a climbdown over the business rates row, as a chief tax official claimed the Treasury was warned about the damaging impact of tax reforms after ministers claimed they had been in the dark about the changes. The Chancellor confirmed on Wednesday that she will roll out [...]

  • Bank of England’s Taylor: Trade with China to drive interest rate cuts

    January 14, 2026

    Cheap goods flooding into the UK from China will lower inflation and prompt the Bank of England to cut interest rates further, a member of the Monetary Policy Committee has said.  Alan Taylor, considered to be the most dovish rate-setter on the MPC, warned that cheap goods flowing in from China would lower inflation over [...]

  • Starmer to U-turn on mandatory digital ID

    January 14, 2026

    Sir Keir Starmer is expected to perform another U-turn by scrapping plans to make a national digital ID compulsory for all Brits.  After backtracking on a number of policies, from the farm tax to the end of winter fuel payments, the Prime Minister is set to reveal that the government will no longer make all [...]

  • London Broncos: Sunday fixture begins wild ride on journey to Super League

    January 14, 2026

    On Sunday at the home of AFC Wimbledon, a rebranded, refreshed and resurrected London Broncos will make their Championship rugby league debut under new ownership. After former owner David Hughes put the club up for sale in 2024, the Broncos were staring down the barrel of extinction, a fate visited on a number of sports [...]

  • Revenue at pawnbroker Ramsdens rockets as Brits cash in on soaring gold prices

    January 14, 2026

    Revenue at pawnbroker Ramsdens has risen to a fresh high as Brits take advantage of soaring gold prices. The London-listed business, which has over 160 stores across the UK, posted a 22 per cent jump in turnover to £117m in the year to end September amid a more than 50 per cent in profit from [...]

  • Coca-Cola abandons Costa Coffee sale plans as Asda owner bids low

    January 14, 2026

    US beverage giant Coca-Cola has reportedly scrapped plans to sell the world’s second-largest coffee chain after offers from private equity firms came in below expectations. The company brought talks with remaining bidders for Costa Coffee to a halt in December, ending an auction process which had lasted several months, according to the Financial Times. Sources [...]

  • BP shares fall as net zero plans trigger hit of up to $5bn

    January 14, 2026

    Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025 as the value of green energy projects withered. The FTSE 100 firm said it expects a write-down of between $4bn and $5bn (£3.7bn), as it rethinks its strategy for transition assets and partnerships in the [...]

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