Bollywood-backed European cricket league hires Oakvale Capital September 8, 2025 The Bollywood-backed European T20 Premier League (ETPL) has hired London-based investment bank Oakvale Capital as organisers look to launch next year. ETPL, a collaboration between the cricket boards of Ireland, Scotland and the Netherlands, had been due to debut this summer but the plans were shelved at a few weeks’ notice. Organisers have now hired [...]
Millennials and Gen Z cling to property dream as house prices soar September 8, 2025 Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]
‘It’s not a fair fight’: HMV boss issues Rachel Reeves Autumn Budget tax demand September 8, 2025 Chancellor Rachel Reeves has been urged to reform business rates in the Autumn Budget by the boss of HMV. Phil Halliday, in an up-coming episode of Morning Wire‘s Boardroom Uncovered show, said the current system should be altered to make it fairer for UK retailers. The managing director added that businesses such as HMV are [...]
Labour deputy leader hopeful slams Rachel Reeves’ ‘excessive deference’ to OBR September 8, 2025 The prominent backbencher and former transport secretary Louise Haigh, who is a frontrunner to become the deputy leader of the Labour Party, has taken aim at Chancellor Rachel Reeves’ “excessive deference” to the Office for Budget Responsibility (OBR) and adhering to “arbitrary fiscal targets”. Senior officials in the Labour Party are set to agree on [...]
Spurs not for sale despite Staveley and consortium interest September 8, 2025 Tottenham Hotspur is not for sale despite interest from Amanda Staveley, according to the Premier League side following questions over the club’s future. A statement issued by the north London club was released to quell rumours of a takeover led by former Newcastle United co-owner Staveley and her PCP International Finance investment vehicle. PCP International [...]
Phoenix Group: FTSE 100 giant changes name to Standard Life September 8, 2025 Pensions giant Phoenix Group is set to change its name to Standard Life as it adopts the name of the brand it acquired seven years ago. It follows widespread speculation that the board had been considering a name change. The firm stated that Standard Life was its most reputable name and that the change would [...]
MasterChef maker’s huge losses continue amid Gregg Wallace scandal September 8, 2025 The production company behind MasterChef continued to make huge losses as the scandal surrounding the show’s presenter Gregg Wallace came to light, it has been revealed. The UK arm of French giant Banijay hit the headlines in November 2024 when Gregg Wallace announced he was stepping away from the hit BBC show after an external [...]
Labour is gambling with Britain’s global competitiveness – ‘real-life Iron Man’ September 8, 2025 A British engineer and chief executive, known as the ‘real-life Iron Man’, has warned the Labour government is “gambling with Britain’s competitiveness on a global stage”. Richard Browning, a former Royal Marine who leads Gravity Industries, has written an open letter to education secretary Bridget Phillipson expressing concern over the “waning entrepreneurial spirit across our [...]
Challenger banks face ‘profitability trap’ at growth crossroads September 8, 2025 The UK banking sector faces a profitability roadblock that will give the industry’s challengers an “existential” turning point. Fresh data from KPMG suggests the industry’s average return on equity will fall to eight per cent come 2027 down from 13 per cent four years prior. This is set to spark an £11bn reduction in pre-tax [...]
London hiring slumps as employers suffer from rising costs September 8, 2025 London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs. The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further. Permanent staff places, hires with no fixed [...]