Ministers are drawing up a radical overhaul of NHS spending rules in a bid to shore up the UK’s world-leading life sciences industry after a string of pharma giants cancelled …
Investing
Bank of England sounds alarm on ‘high risk’ AI bubble
The Bank of England has warned of the potential for a “sharp correction” in global markets due to the “stretched” stock valuations from the artificial intelligence (AI) boom. The central …
Kemi Badenoch pledges to abolish stamp duty
Tory leader Kemi Badenoch has pledged to abolish stamp duty on primary residences to help support people moving into their first home as she centred her speech on backing people …
Yodel: Losses double at UK’s second-worst parcel delivery firm
Losses at Yodel, which was named as the second-worst parcel delivery firm in the UK in 2024, have more than doubled as its revenue was slashed. The Liverpool-headquartered business has …
JP Morgan beefs up seaside UK office as it backs ‘talent of tomorrow’
US banking juggernaut JP Morgan has announced a hefty UK investment as part of plans to beef up its home base in the country. The bank said it will invest …
‘Hard to accept’: Small firms round on energy intensive subsidies
So-called standing charges are going up by as much as 94 per cent for all businesses but the most energy intensive come April. Many are up in arms, writes Ali …
Britain and US win race to launch first Ryder Cup of padel
First came the America’s Cup in sailing, then golf’s Ryder and Solheim Cups, and more recently the Laver Cup in tennis – now padel has its own transatlantic team competition, …
London is back in business – listing revival shows the City’s spark is back
London is back in business. We are witnessing confidence return to the City and optimism return to our capital markets as London is fast regaining its spark. The facts speak …
Ronaldo becomes first $1bn footballer after new Al-Nassr deal
Cristiano Ronaldo has become the first billionaire footballer after his reported $400m Al-Nassr contract extension earlier this year. The 40-year-old Portuguese – who has enjoyed spells at the likes of …
Porsche: UK revenue in £300m reverse as car sales slashed
Revenue at the UK division of Porsche was cut by more than £300m in 2024 as it sold 4,000 fewer luxury cars. New accounts filed with Companies House have revealed …