WH Smith’s board will trigger clawback provisions for senior executives following accounting errors woes that had resulted in a probe by the Financial Conduct Authority (FCA). WH Smith chief executive …
Investing
Budget uncertainty dampens November spending
Black Friday discounts failed to significantly boost consumer spending in November, as Budget uncertainty kept shoppers away from the high street. Sales declined 0.1 per cent last month, following a …
Bailey sounds alarm on AI as youth unemployment jumps
AI could displace workers on a scale not seen since the Industrial Revolution, Bank of England governor Andrew Bailey has warned, as the UK jobs market shows fresh signs of …
Eating Dave’s Hot Chicken Reaper Tenders – the best of 2025
As Dave’s Hot Chicken opens its second branch in Croydon, we revisit this feature in which magazine editor Steve Dinneen attempts to break a UK record for eating the world’s …
UK borrowing overshoots expectations in November
UK government borrowing exceeded expectations in November but still fell year-on-year after tax receipts surged following Rachel Reeves’ first Autumn Budget. The latest release from the Office for National Statistics …
Inflation can become a self-fulfilling prophecy
Managing inflation expectations will be a key challenge in the coming year, says Daniel Mahoney When does a prophecy become a reality? Since the 1970s, it has been conventional wisdom …
Newcastle Red Bulls, Dupont and ITV: Top rugby business stories of 2025
This year really has been a 12 months where the business of rugby became a major talking point in ovalball discourse. We have always seen the odd deal here or …
Chinese hustlers are taking advantage of the Cayman legal system – and British investors are paying for it
Cayman Island rules are allowing Chinese swindlers to take advantage of Western stock markets, enriching themselves and leaving the losses with UK shareholders, writes Sean Worth Spying, human rights abuses, …
Banks to set own contactless limit as FCA scraps cap
UK banks will be able to set their own contactless limits under new rules set to be introduced by the City watchdog next year. In the current system, banks place …
Exclusive: Google makes fresh $1bn cash injection into UK data centre subsidiary
Google has poured $1bn into its UK data centre subsidiary, City AM can reveal, in the clearest sign yet that the tech giant is eyeing major expansion of its compute …