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Business

  • Mark Kleinman: Nationwide’s pride should be dented by member election bid

    July 9, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his Morning Wire column Nationwide’s pride should be dented by member election bid ‘Proud to be different’, ran the long-running Nationwide advertising slogan. Well, quite: it’s hard to see any of Britain’s big high street banks making quite the same mess [...]

  • World Cup hydration breaks see bookies offer quarter by quarter odds for England v Norway

    July 9, 2026

    Enterprising bookmakers are offering odds on England’s World Cup showdown with Norway by the quarter, in a nod to games now being divided into four discrete parts by Fifa’s introduction of controversial hydration breaks. Punters have long been able to wager on first-half and second-half markets but now the betting company behind the Unibet brand, [...]

  • Treasury minister: Meeting Nato defence pledge is Burnham’s job

    July 9, 2026

    The Treasury has not evaluated how the government could reach its pledge to spend 3.5 per cent of gross domestic product on defence by 2035, according to a cabinet minister, who said it was a job for the “next government” to carry out. Speaking to a parliamentary committee, chief secretary to the Treasury Lucy Rigby [...]

  • ‘One-two punch’ – Families face huge capital gains death tax under Burnham

    July 9, 2026

    Bereaved families could face a huge tax bill under an Andy Burnham premiership if the likely next Prime Minister presses ahead with a policy to hike capital gains tax on assets of the deceased. Supporters of Burnham, including the former health secretary Wes Streeting and ex-transport minister Louise Haigh, have said previously they believe wealth [...]

  • Why Gen Z are paying to go to ‘house parties’

    July 9, 2026

    London hospitality is struggling as Gen Z rein in nights out, so why are Little Door’s house party-style bars thriving, asks Anna Moloney.

  • London cannot afford to sleepwalk through the next decade 

    July 9, 2026

    London is slipping into complacency. We must use the next decade to reassert ourselves as a premier financial centre, writes Aster Crawshaw.

  • Two centuries of Old Pulteney

    July 9, 2026

    This month’s issue of Whisky Business, Morning Wire’s monthly look at the world of whisky, examines the history of Old Pulteney If there’s one Whisky that encapsulates the rugged beauty of Scotland’s Highlands and its coastal areas more than anything else, it’s Old Pulteney. Founded by James Henderson, a serial whisky entrepreneur, in 1826 to supply fishermen [...]

  • Investor visa proposed by Labour-aligned think tank

    July 9, 2026

    Investor visas should be offered to 100 applicants each year, who would offer £3m in an upfront cash injection in return for residency rights in the UK, a think tank favoured by Labour has said.  The Institute for Public Policy Research (IPPR), which has had a number of policy recommendations adopted by Labour, said the [...]

  • Sizewell B granted 20-year life extension

    July 8, 2026

    The government has granted the Sizewell B nuclear power plant a 20-year lifetime extension, meaning it will now continue to generate electricity until 2055. Majority-owner EDF and investor Centrica said they had agreed terms with the Department of Energy Security and Net Zero, in a deal that will see its owners paid considerably less for [...]

  • FCA charges City lawyer with insider dealing over maternity brand acquisition

    July 8, 2026

    The financial watchdog has charged a City lawyer with five counts of alleged insider dealing for trading in the assets of maternity fashion brand Seraphine Group using confidential information he gained while working on the company’s acquisition. The Financial Conduct Authority (FCA) said Richard Bloomfield, 38, worked on an acquisition of the City-based maternity clothing company [...]

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