When the Rochdale by-election results come in on 29 February, you would be forgiven for thinking it was an identity parade. Rochdale has showcased a lack of political choice, and …
Investing
Premier League approve 25 per cent Sir Jim Ratcliffe stake in Manchester United
The Premier League has approved Sir Jim Ratcliffe’s acquisition of a 25 per cent stake in Manchester United. The deal had been announced in December 2023 and involved the British …
Marks and Spencer Oxford Street row: Court told Michael Gove ‘misunderstood and misapplied’ planning policy
The Secretary of State for levelling up “misunderstood and misapplied” planning policy when it rejected Marks and Spencer Oxford Street demolition scheme, a judge heard. Today, the High Court heard …
Bank of England plots reinsurance stress tests amid fears of hidden risks
The Bank of England has said it is mulling whether “further measures” are required to shore up major insurers today, amid reports it is preparing stress tests the market’s exposure …
Hogan Lovells: US-UK law firm’s revenue jumps 10 per cent and surpasses £2bn
American-British law firm Hogan Lovells global revenue has jumped nearly 10 per cent over the last financial year, which sees the firm surpassing £2bn for the first time. Over 2023, …
US inflation comes in ahead of expectations on higher housing costs
US inflation came in ahead of expectations in January due to elevated housing costs, making it more likely that the US Federal Reserve will wait until the summer to start …
Glencore remains bearish on nickel outlook as it writes off £3.2bn investment
Mining giant Glencore is exiting its 49 per cent stake in a major nickel mine, weeks after lowering expectations for its performance in a slumping global market for the commodity. …
UK inactivity rate rises as record number out of work due to long-term sickness
According to figures released this morning, 9.3m people aged between 16-64 were economically inactive in the final three months of last year, representing nearly 22 per cent of the population. …
Truffle ahead as cocoa price surge spells costly Valentine’s Day for chocolate-loving Brits
Outside of Halloween and Christmas, Valentine’s Day ranks as one of the biggest days for chocolate sales globally. But like last year, Brits are set to be paying more for …
UK at risk of downgrade: Hunt considers tax cuts amid ‘high debt and borrowing costs’
The UK might suffer a debt downgrade if it goes ahead with another bout of tax cuts, a major ratings agency suggested. In a note published yesterday, Fitch Ratings acknowledged …