EU banking rules could ‘choke investment’ from booming City January 14, 2026 The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Exclusive: London Broncos plan Challenge Cup game at Stoop January 14, 2026 London Broncos plan to take a game to the Twickenham Stoop this year as part of their first season under Australian ownership. Brisbane Broncos NRL legend Darren Lockyer and a consortium of fellow countrymen acquired the Championship team, based at AFC Wimbledon’s Cherry Red Records Stadium, in 2025 with ambitions to see a London side [...]
Baker Tilly hits record $6.8bn revenue following surge in tax advice January 14, 2026 Baker Tilly International has reported a landmark year, with 2025 revenues surging 21 per cent to $6.8bn (£5.05bn), but it was its tax division that stood out. Over 2025, North America was the fastest-growing region at 37.5 per cent, underpinned by the Baker Tilly (US) and Moss Adams merger in June 2025, followed by EMEA [...]
Switch focus from DEI to local needs, Brits tell business January 14, 2026 British businesses need to become more local and focus less on DEI (diversity, equity and inclusion) hiring practices, according to a new report. A major survey from SEC Newgate UK has revealed a majority of Brits think companies are doing too little to prioritise local food production, manufacturing and energy independence. The report also shows companies [...]
World Bank: Global economy ‘more resilient than expected’ January 14, 2026 The global economy has been “markedly more resilient than expected” against a hostile backdrop of geopolitical and trade uncertainty, according to the World Bank which has upgraded its growth forecast for 2026. In its biannual assessment of the international economic outlook, the world’s preeminent financial body said that the “limited” pass-through of tariffs onto prices [...]
Wellcome Trust bolsters cash pile as stock market jitters grow January 13, 2026 Britain’s largest charity has built up a war chest of over £3.7bn in cash in a bid to safeguard its vast endowments from any impending financial correction and pounce on cut-price stock market opportunities a downturn might produce. The Wellcome Trust, a medical charity that manages nearly £40bn, revealed in its annual report that it [...]
Former OBR chair takes aim at Rachel Reeves’ fiscal rules January 13, 2026 The former chair of the Office for Budget Responsibility has taken aim at Chancellor Rachel Reeves’ fiscal rules, suggesting they prevent UK public finances from building enough “resilience”. In his first public appearance since his resignation last month due to the leaked Budget, Richard Hughes said the current fiscal rules were “among the loosest” the [...]
Trump tells Iranian people: ‘Help is on its way’ January 13, 2026 President Trump has threatened Iran’s autocratic leaders over the killing of protestors while suggesting he was preparing to intervene with military action in the country, In a post on Truth Social, Trump said the country’s authorities “will pay a big price” over the killing of protestors following unrest in the country. He added that he [...]
Monzo outage hits app as digital bank wobbles January 13, 2026 Monzo Bank’s customers were left frustrated after the online bank suffered a widespread app outage, temporarily knocking out key features while core banking services continued to work. Shortly after 3 pm on Tuesday, users across the UK began reporting problems accessing parts of the bank’s app, according to outage-tracking site DownDetector. Reports seemed to spike [...]
X outage hits as Grok scrutiny and UK regulation collide January 13, 2026 X has been hit by a widespread outage, leaving millions of its users unable to load posts, photos or entire timelines, a tech stumble that has landed at an acute moment for Elon Musk’s platform. By early afternoon on Tuesday, over 7,000 X users in both the UK and across the pond reported problems to [...]