The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report from a think …
Investing
NBA Europe working on salary cap solution, says boss Silver
The NBA is working on how it can apply its salary cap and revenue-sharing model to NBA Europe, its planned pan-continental basketball competition, says commissioner Adam Silver. The basketball league …
RML GT Hypercar 2025 review: pushing the Porsche 911 to its limit
Does the world need another Porsche 911-based restomod? After all, that territory is already fought over by Singer Vehicle Design, Theon Design, Tuthill, Kalmar Automotive, Gunther Werks, Paul Stephens AutoArt, …
Week in Business: Businesses flee high-tax Britain
Play Video Yesterday morning, the Chancellor told a gathering of private equity chiefs that “you’re only going to get growth if you get investment.” Later that day, one of the …
Being a landlord in central London is no longer very profitable
London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords …
Two in five financial services firms lack safe AI controls
As the financial services industry piles billions of pounds into artificial intelligence (AI), firms are lacking adequate measures to maintain safe usage, according to new figures. Fresh data from Big …
Taxpayers give over billions for new vehicles under Motability scheme
The budget for new vehicles under the Motability scheme for disabled people is higher than expenditure on school repairs across the UK, fresh analysis has indicated, in further evidence of …
US inflation jumps to 2.9 per cent, setting up key rate decision
US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any …
Klarna could trigger a fintech IPO boom but can London benefit?
Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy …
Reeves, beware the bond vigilantes: the dark knights of the City
As UK 30-year gilt yields surge to record levels, Tim Focus warns Chancellor Reeves of the threat of bond vigilantes, the dark knights of the City Wearing a mask to …