Accountants expect price hikes and job cuts following Budget December 4, 2025 A chartered accountancy body has urged the government to consult on a path to a single VAT rate to simplify and restore business confidence following the Autumn Budget. The Institute of Chartered Accountants in England and Wales (ICAEW), which represents over 140,000 UK members, reported negative overall sentiment toward the recent Budget. According to exclusive [...]
Mark Kleinman: Out of the frying pan and into the furnace for UK steel December 4, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly Morning Wire column Out of the frying pan and into the furnace for UK steel Death knells and the British steel industry have made uncomfortably common bedfellows in recent years. All three of the country’s biggest steelworks – including [...]
Revolut ramps up business offering in Visa tie-up December 4, 2025 Revolut is set to scale up its offering to UK businesses in a fresh tie-up with payments juggernaut Visa. The fintech’s business to business arm – dubbed Revolut Business – is set to introduce Titan, a premium business card, early next year as it pushes forward in its mission to create the ultimate all-in-one app. [...]
EY: Traditional sports cricket and rugby union surging in popularity December 4, 2025 Rugby union and cricket have surged into the top 10 most popular sports across the UK in what is a tonic for traditional sports, new research has shown. Cricket climbed six places in the EY-Parthenon Sports Engagement Index to eighth, while rugby union jumped three spots to 10th. Football, Formula 1, Swimming and Tennis all [...]
London has world’s second-best tech sector December 4, 2025 London boasts the second-most vibrant tech sector in the world, according to a closely-watched study which found Zurich had leapfrogged San Francisco and Singapore to top the rankings. Britain’s capital nudged up one place in Z/Yen’s Smart Centres Index into second place in the biannual study that assesses cities’ ability to create, develop and deploy [...]
Young Brits complain of older co-workers stereotyping Gen Z December 4, 2025 Gen Z officer workers have reported experiencing criticism from older colleagues due to negative stereotypes linked to their generation. According to the latest report from workforce engagement platform Kahoot, nearly 50 per cent of young Brits have reported being criticised in the workplace, leading to increased stress and tension. Among those who have been subjected [...]
Why second Ashes Test marks start of The Gabba’s long goodbye December 3, 2025 When England’s cricketers step out onto the field at The Gabba on Thursday for the second Test, they will know they are on borrowed time. Not just to wrestle the series momentum away from Australia after a crushing opening defeat in Perth, but also to improve their record at the famous Brisbane ground. After this [...]
FCA launches ‘safe space’ for AI as City firms rush to deploy new tech December 3, 2025 The City’s top regulator has opened the doors to its first-ever ‘AI live testing‘ scheme, giving major financial firms a controlled environment to trial AI without fear of tripping regulatory wires. NatWest, Monzo, Santander, Scottish Widows, Gain Credit, Homeprotect and fintech Snorkl are among those in the inaugural cohort. The FCA says the scheme is [...]
Exclusive: Three nations in €100m battle for new SailGP franchise December 3, 2025 Three nations are locked in a €100m battle to join the SailGP grid as the sailing series expands to 14 teams, Morning Wire can reveal. The fifth season of the competition concluded at the weekend in Abu Dhabi with British team Emirates GBR winning their first title. And the 12-team sailing competition will expand to [...]
MI London and Sunrisers Leeds: All Hundred deals completed December 3, 2025 All eight deals for Hundred franchises have been completed after the Ambani family concluded negotiations with Surrey CCC. Six of the eight deals in the short-form competition, which saw eight 49 per cent stakes owned by the England and Wales Cricket Board sold to overseas investors, were completed earlier this year but two deals remained [...]