UK defence tech pivots from taboo to City darling August 28, 2025 The UK’s deep tech sector is navigating a seismic shift in investor sentiment toward defence technology. Once a frowned-upon sector, defence is now shedding its taboo, driven primarily by global instability and recent geopolitical headwinds. This transformation, while opening the doors to new investment opportunities, also reveals underlying issues in the UK’s approach to technology [...]
Mark Kleinman: Gupta steeled for high-wire act to end without Liberty August 28, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly Morning Wire column Gupta steeled for high-wire act to end without Liberty It’s crunch time – again. For Sanjeev Gupta, brushes with insolvency are nothing new. The steel tycoon has turned the process of snatching victory from the jaws of [...]
Mental health overdiagnosis ‘costs £16bn a year’ August 28, 2025 The overdiagnosis of mental health illness in young people costs the UK around £16bn a year, a new report has suggested, with former Chancellor Jeremy Hunt claiming policies he introduced around Special Education Needs and Disabilities (SEND) required “stretching questions”. Research by the right-leaning think tank Policy Exchange has found that the overdiagnosis of mental [...]
One in ten UK homes cut asking price in July August 28, 2025 One in ten UK homes registered a cut to the asking price in July, well above the five-year average, as sellers continue to adjust to a buyers market. Average house prices rose by just 1.3 per cent in the year to July, below the 2.1 price growth recorded at the start of 2025, according to Zoopla’s [...]
Retailers’ woes stretch into second day after bearish Deutsche note August 27, 2025 A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per [...]
England’s fertility rate drops to record low August 27, 2025 The fertility rate across England and Wales has fallen to a record low, according to official figures, which is likely to fuel clashes between policymakers and economists over immigration controls. The Office for National Statistics (ONS) has revealed that the total fertility rate, which is measured by the number of children women would expect to [...]
National Wealth Fund pumps millions into battery storage developer August 27, 2025 The National Wealth Fund has joined forces with two investment firms as part of a £500m venture to enhance the UK’s battery storage facilities. The consortium – including infrastructure asset manager Equitix and Australian pension fund Aware Super – will “build, own and operate grid-scale battery storage assets” via an investment in developer Eelpower Energy. [...]
Jubel CEO: ‘We’re doing something different and it’s working’ August 27, 2025 When CEO and founder of Jubel, Jesse Wilson, left his corporate role to create his own lager, he knew he wanted to carve out a peach-shaped niche in a saturated beer market. Since its launch in 2018, Jubel has reached that goal, with its trademark fruity lager on tap in nearly 1,500 pubs across the [...]
Prudential: FTSE 100 insurer pledges $5bn in shareholder returns August 27, 2025 FTSE 100 insurer Prudential said it had reached its “inflection point” on Wednesday after growing profit and kicking off a hefty program of returns of investors. The firm recorded a six per cent increase in adjusted operating profit before tax to $1.6bn (£1.2bn). Life weighted premium income, which indicates the volume of new business, increased [...]
What has caused the M&A surge in the UK financial sector? August 27, 2025 The UK financial sector has seen an influx of merger and acquisition (M&A) activity so far this year as investors look to capitalise on emerging opportunities in the market. Growing economic stability in both the private and public markets, following a period of instability caused by inflation and soaring interest rates, has sparked a renewed [...]