OBR chiefs warn jostling Labour MPs against fiscal rules change May 19, 2026 Office for Budget Responsibility chiefs have warned Labour activists against changing the fiscal rules and overall framework to account for longer term impacts of government investment. The OBR’s David Miles and Tom Josephs said a ten-year forecast horizon would make for a “less credible” economic report and may not have any impact on bond investors. [...]
Cranswick: Pig farmer pivots to bite-sized falafels as Brits embrace weight loss trend May 19, 2026 A food conglomerate founded by pig farmers has been rewarded by its expansion into share-sized Mediterranean foods as weight-loss jabs and health kicks surge in popularity. Cranswick was established by a group of Yorkshire pig farmers in 1972, but has since expanded into falafel and houmous with its acquisitions of Mediterranean food brands like Ramona’s [...]
Quantexa boss: ‘Britain can build global AI winners’ May 19, 2026 Vishal Marria is not short of reasons to be cheerful about Britain. At a time when the UK’s tech sector is once again debating listings, capital flight and whether founders inevitably end up scaling overseas, the Quantexa boss remains notably bullish about building and scaling in London. “Yes, we’re HQ’d in London, in the UK, [...]
Raging cricket ticket row as England fans to take over Newlands, South Africa May 19, 2026 A raging ticketing row has broken out in South Africa over England’s Test tour this winter, with the tourists’ fans being blamed for bagging thousands of tickets. Tickets were due to go on sale this week for the festive fixture at Newlands Cricket Ground but locals reported that tickets for the first four days of [...]
Google and Blackstone take aim at Nvidia in $5bn AI bet May 19, 2026 Alphabet’s Google and Blackstone are launching a $5bn (£3.7bn) AI infrastructure firm in one of the clearest signs yet that Big Tech is trying to loosen Nvidia’s grip on the AI boom. The deal, as first reported by The Wall Street Journal, will see the pair create a new US-based AI cloud and data centre [...]
HMRC fights to close Bolt’s VAT loophole May 19, 2026 Ride-hailing platform Bolt faces the tax authorities in court today over how it calculates and pays its VAT bill. At the centre of this dispute was the question of whether Bolt could use the tour operators’ margin scheme (TOMS). Under this scheme, businesses only pay VAT on the profit margin they make between buying a [...]
Turbulence for Luton as court decides if expansion project can leave the ground May 19, 2026 The Court of Appeal will today hear a challenge to the government-approved expansion of Luton Airport from an environmental group over whether the development should have been green-lit last year. The dispute was escalated to the appeals court by the campaign group, Luton And District Association for the Control of Aircraft Noise (LADACAN), who brought [...]
‘Downright offensive’: Southwark council slammed for blocking 900 homes May 19, 2026 Southwark council has been blasted for celebrating the blocking of an 867-home development on the site of a Peckham shopping centre. The local authority hailed a “great day for Peckham” after housebuilder Berkeley failed to overturn a ruling against the development, which would have delivered retail, leisure and commercial space alongside the hundreds of homes. [...]
Premier League streaming platform to cost less than half what UK fans pay May 19, 2026 The Premier League has released pricing for its first ever streaming platform, which will show every single game next season when it launches in Singapore. Premier League + will be available via a dedicated app, with access priced at S$16 (£9.31) for 24 hours, S$44 (£25.62) for a monthly rolling contract, and S$399 (£232.39) for [...]