EU banking rules could ‘choke investment’ from booming City January 14, 2026 The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Trump tells Iranian people: ‘Help is on its way’ January 13, 2026 President Trump has threatened Iran’s autocratic leaders over the killing of protestors while suggesting he was preparing to intervene with military action in the country, In a post on Truth Social, Trump said the country’s authorities “will pay a big price” over the killing of protestors following unrest in the country. He added that he [...]
X outage hits as Grok scrutiny and UK regulation collide January 13, 2026 X has been hit by a widespread outage, leaving millions of its users unable to load posts, photos or entire timelines, a tech stumble that has landed at an acute moment for Elon Musk’s platform. By early afternoon on Tuesday, over 7,000 X users in both the UK and across the pond reported problems to [...]
Vast majority of Brits expect more damaging tax hikes in 2026 January 13, 2026 Nearly four in five Brits are bracing themselves for further tax rises this year, with voters fearing that more money going into government coffers will damage growth. Keir Starmer has kicked off the year with pitches on improving the cost of living for millions of people across the country. Extra welfare payments for some families [...]
Chinese embassy to get green light despite ‘threat to City’ January 13, 2026 The new Chinese embassy in London is set to get the green light from Keir Starmer this week, according to reports, amid fresh questions around security concerns were raised on Monday night. The new mega embassy at the Royal Mint Court near Canada is expected to get the Prime Minister’s sign-off ahead [...]
Immigration law firm put up for sale on insolvency market amid visa crackdown January 13, 2026 A London law firm specialising in immigration services has been put up for sale on an insolvency marketplace in an early sign the government’s crackdown on visas has sparked a slump in applications. Woolwich-based A Vincent Solicitors, which employs more than two dozen staff and has a second office in Manchester, offered multi-lingual support services [...]
Reeves’ VCT changes ‘could put start up funding at risk’ January 12, 2026 Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]
Nadhim Zahawi defects to Reform as polling lead extended January 12, 2026 Former Chancellor Nadhim Zahawi has defected to Reform UK as fresh polling has shown the party extending its lead over Labour and the Tories. Zahawi, a former ally of Boris Johnson who served as Chancellor for a matter of months, announced his high-profile defection in a press conference in Westminster on Monday. Along with new [...]
Labour can’t afford to stick with Starmer much longer January 12, 2026 When leaders lose control of events, they rarely recover it. The final blow is usually banal. It could be a ministerial resignation, a bacon sandwich style gaffe, or a symbolic vote defeat, but it is coming, says Helen Thomas A curious myth has taken hold at Westminster that Keir Starmer remains in post because removing [...]
Mark my words: Starmer is set to approve China’s ‘super embassy’ January 12, 2026 Keir Starmer is set to travel to China and has appealed for business leaders to accompany him. You don’t do that if you’re anticipating holding a foreign government to account, says Eliot Wilson At the end of this month, Sir Keir Starmer is due to travel to China for the first visit by a British [...]