Liz Kendall welcomes X’s Grok changes as Ofcom probe continues January 15, 2026 The government has welcomed new safety measures introduced by Elon Musk’s X to curb abuse linked to its Grok AI tool, as the UK’s online safety regulator presses ahead with a formal investigation into the platform. Tech secretary Liz Kendall said she “welcomed” X’s move to restrict Grok’s image generation capabilities, but stressed that regulators [...]
Nick Ephgrave announces surprise retirement from Serious Fraud Office January 15, 2026 Nick Ephgrave will step down as director of the Serious Fraud Office (SFO) two and a half years before his first term was due to finish. The former assistant commissioner of the Metropolitan Police was appointed as the SFO’s director, taking over from Lisa Osofsky, who oversaw several errors during her tenure. Ephgrave was the [...]
Why does no one want to buy Costa Coffee? January 15, 2026 The coffee’s gone cold and the milk has soured for the once dominant high street staple Costa, as owner Coca-Cola struggles to find a buyer to take the chain off its hands. The US beverage giant suspended talks with remaining bidders earlier this week, blaming the decision on low offers, bringing the months-long auction process [...]
Alex Cooper: Why I started an AI company after 20 years in the army January 15, 2026 Alex Cooper left the City to enlist in the army. Now, more than 20 years on, he's back as CEO of his own AI company Electric Twin.
SailGP: How series got on its foils, and away from Ellison’s wallet January 15, 2026 Ahead of its first season in 2019, the American billionaire Larry Ellison agreed to fund a new racing league on water called SailGP for five years. At the conclusion of its fifth season last year, when British entry Emirates GBR picked up a first title, that funding agreement came to an end. But the league [...]
Revolut, Mastercard, Visa lose legal battle on card fees cap January 15, 2026 Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on card fees for overseas transactions. The trio of payment giants brought a judicial review to the High Court following a decision by the Payment Systems Regulator (PSR) in December 2024, confirming that it would consult on the [...]
Khan urges Reeves to bring back tax-free shopping January 15, 2026 Mayor Sadiq Khan has called on Chancellor Rachel Reeves to bring back tax-free shopping for tourists to drive public revenue gains. Khan has lobbied the Treasury to re-introduce VAT-free shopping for visitors more than four years after the previous Conservative government scrapped the perk. Conservative City Hall member Thomas Turrell raised the issue of tourism [...]
Manchester United owner Ratcliffe cuts asking price in bid to offload club January 15, 2026 Manchester United co-owner Sir Jim Ratcliffe has cut his asking price for OGC Nice as he attempts to trim the French club from his shrinking Ineos sports portfolio. Ratcliffe bought the Ligue 1 outfit for €100m in 2019, two years after the side based on the French Riviera had finished third in the domestic league, [...]
Amol Rajan to step down from BBC Radio 4’s Today programme January 15, 2026 Amol Rajan is to step down from BBC Radio 4’s Today programme later this year, ending a four-year stint as one of the flagship show’s presenters, according to the BBC. Rajan will remain with the company and continue to present University Challenge as well as the Radio 4 podcast ‘Radical with Amol Rajan’. An announcement [...]
Watch: We’ll regret granting this embassy to hostile China January 15, 2026 Is China our enemy or our ally? Is it an adversary or a partner? The trading relationship is huge, but so are the security risks. In the City, China means big business. Last year the UK exported £30bn worth of goods and services to China while we bought £70bn worth from them. But we exported [...]