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Business

  • ‘High valuations alone rarely end a rally’ say UBS analysts on AI stock surge

    December 17, 2025

    The rapid rise in the share prices of AI-adjacent stocks could continue well into 2026, analysts at one of Europe’s top banks have said. Valuations of top tech stocks have been running hot since the start of the year as investors rushed to build a stake in the burgeoning technology, with the US S&P 500 [...]

  • ‘If we’re serious about growth this is the lever to pull’, says Treasury adviser

    December 17, 2025

    UK founders are launching businesses faster than ever, yet many still feel undervalued, underfunded, and overlooked. The 2025 UK StartUp Report showed that only 29 per cent of founders believe entrepreneurship is seen as a desirable career while just 27 per cent feel successful founders are celebrated. And, perhaps worst of all, only around a [...]

  • Labour government moves to protect litigation funding

    December 17, 2025

    The UK government plans to legislate to reverse the impact of a Supreme Court judgment on the litigation funding industry. The top court ruled in a 2023 case, known as PACCAR, that percentages of damage recovered were not enforceable. This ruling threw the litigation funding industry into uncertainty, as it brought its funding into the [...]

  • Government injects £120m into Ineos’s Grangemouth plant

    December 17, 2025

    The government has piled over £100m into Britain’s last remaining ethylene plant in Grangemouth, saving hundreds of livelihoods after its owner warned that sky-high energy costs had left it on the brink of closure. Ministers inked a “landmark partnership” with Sir Jim Ratcliffe’s Ineos on Wednesday to secure the future of the Falkirk plant, which [...]

  • Employment Rights Bill will become law – as Tories vow to repeal it

    December 16, 2025

    The controversial Employment Rights Bill will become law after legislation cleared Parliament on Tuesday afternoon. After weeks of the Bill ping-ponging from the House of Lords to the Commons over controversial ‘day one’ rights, the government agreed earlier this month to drop its pledge of ‘day one’ rights in exchange for certain protections kicking in [...]

  • World Cup: The rise of the armchair fan and why it matters

    December 16, 2025

    The row over the 2026 World Cup ticket prices is as predictable as a plucky, late-stage English exit. But the eyewatering price tags are only part of the story.  Without going into the economic principle of supply versus demand (the tickets will still sell out, in my opinion), I thought it was more interesting to [...]

  • Paypal becomes latest fintech to capitalise on Trump’s deregulation

    December 16, 2025

    Paypal has its sights set on acquiring a banking licence in the US as it becomes the latest fintech aiming to jump on President Donald Trump’s deregulatory agenda. The payments giant on Monday said it had submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to form Paypal Bank.  [...]

  • Aussie Green reaches record IPL auction sale price

    December 16, 2025

    Australian Cameron Green has been sold for £2.1m at the Indian Premier League auction to become the most expensive overseas cricket player in history. The all-rounder will play for Ramandeep Singh’s Kolkata Knight Riders in the 2026 IPL competition having been purchased for 25.2 crore by the eastern team. The Kolkata Knight Riders, whose 2024 [...]

  • FCA: Motor finance lenders ‘very focused’ on negatives of redress

    December 16, 2025

    The boss of the UK’s financial watchdog has taken a swipe at motor finance lenders that are begrudged with the regulator’s redress scheme, stating they are “very focused” on the negatives. In a session with the Treasury Select Committee, Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA) opened the door to changing the [...]

  • Fowl play: Morrisons loses £17m VAT battle over rotisserie chickens

    December 16, 2025

    Supermarket giant Morrisons faces a £17m tax bill after the First-Tier Tax Tribunal threw out its dispute over VAT on cool-down rotisserie chickens. The dispute arose from George Osborne’s controversial 2012 Finance Act changes that sought to clarify the VAT treatment of hot takeaway food, famously known as the “pasty tax” debacle. Morrisons tried to [...]

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