Industry electricity costs for 7,000 businesses to be slashed by up to a quarter June 23, 2025 Electricity prices for 7,000 businesses in the UK are to be slashed by up to 25 per cent from 2027 as part of the government’s much-awaited Industrial Strategy. British manufacturers are facing the highest industrial electricity prices in the G7, with costs currently four times higher than those of the US and significantly higher than [...]
Keir Starmer accused of hypocrisy over Camden housing targets June 20, 2025 Keir Starmer has been accused of hypocrisy over low housebuilding targets in his own constituency amid a country-wide push to ‘get Britain building again’. Camden council, which falls within Starmer’s constituency of Holborn & St Pancras, has shrugged off the government’s targets for housebuilding this parliament and instead used figures set by the 2021 London [...]
Ministers set to cut industrial energy prices for British manufacturers June 20, 2025 The government plans to slash industrial energy prices for British manufacturers, enabling them to better compete with key European rivals. Ministers will unveil a multibillion pound package of taxpayer-funded support for the UK’s most energy intensive industries, as part of the government’s industrial strategy on Monday, according to reports. Proposals to make energy prices more [...]
Absence of defence spending plan ‘entirely unsatisfactory’ June 20, 2025 The government has been “entirely unsatisfactory” in failing to assess whether their defence spending plans are affordable, a group of senior MPs has said, in a damning assessment of ministers’ transparency. The row comes amid concerns spending on the nuclear deterrent would be higher than first assumed. Prime Minister Keir Starmer said the government would [...]
The Capitalist: Sexiest Politicians of 2025 List yields shock result June 19, 2025 The sexiest politicians of 2025, Jensen Huang and a day at the races; catch up on the latest gossip in The Capitalist.
Rumours of the dollar’s demise have been greatly exaggerated June 19, 2025 We are in the thick of global summitry, rolling from the G7 in Canada towards the NATO meeting in The Hague next week. President Trump is conducting foreign policy via social media, the prime ministers of the UK and Canada are having a pint in the pub and the French President is making stopovers in [...]
Housing for servicepeople should be ‘defence policy priority’, Tories say June 18, 2025 Housing for servicepeople should be a “defence policy priority”, the Conservatives have said as they unveiled their new defence strategy. On Friday, Iran launched an attack on Israel in retaliation to Israel’s strikes on Iranian nuclear facilities. US President Donald Trump has refused to rule out US involvement, with the caveat that he is “not [...]
Secure Trust Bank taps Labour donor tied to cronyism scandal as new boss June 17, 2025 An ex-Treasury director who was at the heart of Labour’s “cronyism” scandal has been tapped to take the helm at specialist lender Secure Trust Bank. Ian Corfield, who also spent nearly a decade as chief commercial officer of New Day, will replace retiring chief executive David McReadie. Corfield stepped down from his civil servant role [...]
UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched June 17, 2025 Prime Minister Keir Starmer and President Donald Trump met on the sidelines of the G7 summit to agree a trade deal that will remove tariffs on the UK aerospace sector and save carmakers from facing aggressive taxes on exports. The pair of world leaders heaped praise on one another while the UK government said the [...]
Are Brexit Britain and Carney’s Canada a dream match? June 17, 2025 As Carney balances political principles with market realities, post-tariff Canada could learn from Brexit Britain, writes Michael Martins.