Redundancies and scant vacancies weakens jobs market November 14, 2025 A fall in the number of vacancies and growth in the jobseekers pool due to more redundancies has led to a further decline in the jobs market, a leading survey has indicated. Official data this week showed a jump in the unemployment rate from 4.8 per cent to five per cent in a set of [...]
Landlords have just under six months to prepare for the Renters’ Right Bill November 13, 2025 The government has set a date for the commencement of the Renters’ Rights Bill, with landlords given just under six months to prepare for the wide-ranging changes. The bill, which will remove so-called no-fault evictions, strengthen tenant protections and digitalise the sector, promises to shake up the market for both landlords and tenants – with [...]
Virgin Atlantic uses Heathrow slots as collateral for $745m Apollo loan November 13, 2025 Virgin Atlantic has borrowed $745m (£564m) from alternatives giant Apollo in a groundbreaking private credit deal that will see the airline use the value of its landing slots at Heathrow as collateral. Virgin said it would use the funds to pay down a legacy debt and make upgrades worth hundreds of millions of pounds to [...]
Kemi Badenoch welcomes Javier Milei on Falkland Islands ‘competition’ November 13, 2025 Tory leader Kemi Badenoch has said she found it “fascinating” that Argentinian president Javier Milei wanted to make his country so great that Falkland Islanders would want to change nationalities. In a 15-minute speech to Latin American investors and academics, Badenoch praised the anarcho-capitalist leader for his austerity programme in Argentina that has lowered inflation [...]
HSBC on hunt for new Europe chief after top boss departs November 13, 2025 HSBC is on the new hunt for a new top boss at its continental Europe arm with its current chief set to depart at the end of the year. Europe’s largest lender said on Thursday that Andrew Wild would exit his role after nearly four years due to family reasons. Wild first joined the bank [...]
Crystal Palace: Steve Parish casts doubt on long-term future and eyes return to Adland November 13, 2025 Crystal Palace chairman Steve Parish has cast doubt on his long-term future in football, revealing that he is tempted by a return to the advertising industry. Parish, 60, made his fortune with marketing production company Tag Worldwide before leading a consortium of wealthy Palace fans who rescued the club from administration in 2010. Subsequent stake [...]
Crispin Odey places gold investment firm into liquidation November 13, 2025 Disgraced financier Crispin Odey has placed a gold investment firm he controlled into liquidation, Morning Wire can reveal. Tri-Star Resources, which owned a stake in an antimony and gold production facility in Oman known as SPMP, is to be wound up amid “serious concerns” over the viability of the project. Odey was the sole director [...]
Penderyn: The spirit of Welsh whisky November 13, 2025 Whisky Business: Morning Wire’s monthly look at the world of whisky. Since the early 2000s, around 100 new whisky distilleries have opened in the UK (exact numbers are difficult to confirm). The boom has been particularly notable outside Scotland, where producers, unencumbered by the rules governing Scotch whisky, have been able to set up experiments with [...]
Salary sacrifice cuts could damage retirement savings November 13, 2025 Brits will save less into their pensions if rumoured changes to salary sacrifice schemes are confirmed in the Budget, putting individual retirements and economic growth at risk. According to the Association of British Insurers (ABI), nearly 40 per cent of people will put less into their pension if Chancellor Rachel Reeves decided to cap salary [...]
Will the Budget push the economy off the cliff? November 13, 2025 Downing Street is in chaos and the economy has flatlined. Now, with just a couple of weeks to go until we find out what’s really in Rachel Reeves’ Budget, Britain’s bosses are getting restless. It used to be the case that Chancellor’s went quiet in the run-up to a Budget, keeping their powder dry and [...]