Brits fear Rachel Reeves’ next Budget will make them worse off October 7, 2025 A majority of Britons believe Rachel Reeves’ next Budget will make them worse off while three in four have lost faith in the government’s growth mission, fresh polling reveals. The Labour government has made growing the UK economy its central mission in government in a bid to claw back support across the electorate. But the [...]
‘Disappointment’ and muted activity: Dealmakers sour on UK market October 7, 2025 UK dealmakers’ faith in the economy has slumped to its lowest in nine years with executives blaming a string of policy blunders and a sluggish deal environment for weighing on market activity. Over half of Britain’s private equity and corporate finance bosses feel negative about the next 18-24 months, according to a fresh poll of [...]
Want to see the City thriving again? Consider becoming a mentor October 7, 2025 A dial-a-business-expert service could save struggling SMEs that just need a bit of advice. But we need more mentors to make it.
China spy row reveals a divided Whitehall October 7, 2025 The UK’s relationship with China has swung through various degrees of warmth in recent years, but there have been some recurring themes. When David Cameron and George Osborne hailed the “golden era” of UK-China relations more than a decade ago, critics accused the pair of naivety and even recklessness. Nick Timothy, who would go on [...]
Asda credit card firm Jaja Finance warns of ‘material uncertainty’ over going concern status October 7, 2025 The firm behind the Asda credit card has warned of “material uncertainty” over its ability to continue as a going concern after reporting widening losses, Morning Wire can reveal. Jaja Finance, a fintech co-owned by billionaire Mohsin Issa and private equity firm TDR Capital, said it had “substantially advanced” but not yet completed a new [...]
Brits’ retirement hopes wane as financial pressures grow October 7, 2025 Brits’ retirement dreams are moving further out of reach, as mounting financial pressures leave more people expecting to work for longer in order to live comfortably in their later years. According to the latest survey from pensions provider Standard Life, most UK adults predict they will now be working until they are 67, rising from 66 [...]
Autumn Budget: Why are banks in Rachel Reeves’ tax crosshairs? October 7, 2025 The “pass the parcel” of Budget speculation has fallen back into the lap of the banking industry with the nation’s top lenders finding themselves as a potential subject of a November cash grab. Fresh reports have indicated Rachel Reeves is actively considering a raid on Britain’s banking giants – even as she continues to make [...]
Goldman warns Japan fiscal plans could spark UK bond sell-off October 7, 2025 The fiscal plans touted by the woman poised to become Japan’s first female Prime Minister will trigger a sharp jump the country’s borrowing costs that could spill over into the price of UK and US government bonds, Goldman Sachs has said. Sanae Takaichi, an admirer of Margaret Thatcher, was swept to victory in her Liberal [...]
European President set to face yet another no-confidence vote October 6, 2025 The President of the European Commission, Ursula von der Leyen, is back in Strasbourg to defend herself against a no-confidence motion, just months after her last one. On Monday evening, two motions of no confidence against the President will be debated at the European Parliament, as von der Leyen is set to defend herself against [...]
Barcelona and Milan plans for overseas games get green light from Uefa October 6, 2025 Uefa has “reluctantly” approved plans for LaLiga and Serie A to stage one-off overseas games this season, blaming Fifa for lacking a clear regulatory framework. LaLiga has announced plans to play a match between Barcelona and Villarreal in Miami in December, while Serie A is moving AC Milan’s contest with Como to Perth in February. [...]