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Business

  • What sport wants from the Budget: UK industry leaders share hopes and fears

    November 24, 2025

    Ahead of the Autumn Budget on Wednesday, Morning Wire asked decision-makers from across the UK’s sport sector what they are hoping to hear from Chancellor Rachel Reeves. UK Athletics – Jack Buckner, CEO Major sporting events drive sport. They make us feel good, but they also are profitable. They generate income. It’s challenging putting on [...]

  • Stricken giant collapses as 650 jobs put at risk

    November 24, 2025

    One of the UK’s largest metals recycling firms has collapsed after efforts to find a buyer for the stricken business failed – with around 650 jobs now at risk. Stratford-upon-Avon-headquartered Unimetals Recycling has filed for compulsory liquidation is now is expected to begin winding down imminently. The company, which operates 28 sites nationwide, is set [...]

  • Big Four giants poised to benefit from booming tech consulting spend

    November 24, 2025

    The technology consulting market is anticipated to grow by 7 per cent in 2026, reaching over $400bn (£312bn) as businesses race to upgrade legacy infrastructure to align with new tech. According to a new report by Source Global Research, technology consultants are in high demand, with the market growing 4 per cent in 2024 and expected [...]

  • Business secretary admits Labour tax hikes fuelling wealth exodus

    November 24, 2025

    The business secretary has conceded that tax hikes have sparked an exodus of rich Brits, after one of the UK’s richest people fled to Switzerland.  Peter Kyle admitted that he is “worried” that super-rich business figures such as Lakshmi Mittal feel they need to leave Britain “in order to succeed”.  “There are people starting businesses [...]

  • OBR to downgrade growth forecasts ‘in every year’ to 2030

    November 24, 2025

    The Office for Budget Responsibility (OBR) is set to downgrade growth forecasts at the Budget this week for every year of the forecast period amid revisions to trend productivity projections.  Sky News reports that the OBR is expected to cut its growth predictions, which have been more optimistic than those published by City forecasters, in [...]

  • West Ham sponsor: Bookmakers won’t desert football over Premier League ban

    November 24, 2025

    West Ham’s front-of-shirt sponsor has reassured the Premier League that the gambling industry won’t run away from football after a ban on betting partners takes effect next year. England’s leading clubs voted to voluntarily ban gambling sponsors as front-of-shirt partners in a move due to come into force at the start of next season. Over [...]

  • UK cyber attacks will inevitably increase, HP boss warns

    November 24, 2025

    It is inevitable that the number of cyber attacks faced by UK companies will increase in the coming years, the Northern European boss of technology giant HP has warned. Speaking on an up-coming episode of Morning Wire‘s Boardroom Uncovered podcast, Neil Sawyer added that businesses should “stay ahead of the game” in order to help [...]

  • The FTSE 100’s good year masks a much deeper problem

    November 24, 2025

    The FTSE 100 has had a good year by recent standards. Up nearly 16 per cent, it has outperformed the S&P 500, Nasdaq, Stoxx 600 and Paris’s Cac. What’s more, three new listings in October even suggested that a well-documented dearth of IPOs was coming to an end. But a look below the surface shows [...]

  • Here’s what to expect on Budget day

    November 24, 2025

    An unusually late and extraordinarily widely briefed Budget has attracted more nerves and anticipation than any in recent memory.  So when Rachel Reeves takes to the dispatch box just after midday on Wednesday, she is set to do so with the knowledge that her fate – and the Prime Minister’s – rest on placating at [...]

  • New York law firm Cohen & Gresser in talks over £30m private equity deal

    November 24, 2025

    New York law firm Cohen & Gresser is in talks to sell a stake to a private equity group, weeks after McDermott Will & Schulte expressed interest in restructuring the firm to secure outside funding. The firm has been in talks around the sale of a $40m (£30.5m) convertible note that would ultimately be swapped [...]

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