Latest

Finance · 13 October 2026

AI Shares Could Crumble Like a Scone, IMF Warns Global Markets Are on a Sticky Edge

Iris Quay, London desk

The International Monetary Fund has warned that an AI‑driven share‑price crash – fueled by soaring valuations, rising debt, government borrowing and cyber‑attack risks – could spill over into global financial s…

Business · 13 October 2026

Leicester City Owners Call In the Bid‑Book: Thai Investors Invite New Hands After a Decade of Glory

Iris Quay, London desk

Thai owners of Leicester City have asked potential buyers to submit offers this week, marking an exit ten years after the club’s Premier League triumph.

Politics · 13 October 2026

Burnham Calls Brexit Vote Legitimate, Says Russian Interference Was Just a Missed Stop

Reginald Penny, London desk

Prime Minister Burnham affirmed the Brexit referendum’s legitimacy while acknowledging Russian attempts to influence it, and urged MPs to pursue closer ties with the EU.

Business · 12 October 2026

£35bn Top‑up Needed to Meet Spend‑it‑All Pledges, IFS Warns

Iris Quay, London desk

The Institute for Fiscal Studies says Chancellor Rishi Healey will need a £35bn top‑up to keep the government’s spending promises, turning the budget into a high‑stakes financial puzzle.

Business · 12 October 2026

Microsoft’s Brad Smith says AI is less regulated than milk and urges UK to lead global rules

Iris Quay, London desk

Microsoft president Brad Smith warned that artificial intelligence faces fewer regulations than milk and washing machines, called for global safeguards like kill switches and victim compensation, and highlighted the Unit…

Finance · 12 October 2026

Inflation hits three‑year high as Nobel economics prize awarded, FTSE nudges up 0.5%

Iris Quay, London desk

UK inflation pressures rose to a three‑year high on the same day a Nobel economics prize was awarded, nudging the FTSE 100 up 53 points (0.5%) to 10,604, with HSBC gaining 2.1% and Standard Chartered 1.8%.

Business · 12 October 2026

Football Watchdog Unveils Levy Proposal to Stabilize Finances

Iris Quay, London desk

The English football watchdog is set to reveal a levy proposal in an effort to stabilize the precarious finances within the professional football pyramid. Critics argue it's merely another tax, but the report highlights…

Business · 11 October 2026

Buzz Bingo’s Owner Eyes Sale as Tax Raid Threat Looms

Iris Quay, London desk

Buzz Bingo’s owner is exploring a sale while its chief cautions that another budget‑driven tax audit could jeopardise the future of the bingo industry, despite a recent lift in numbers.

Business · 11 October 2026

Cardigan Denim: The Unlikely Home of Britain’s Premium Jeans

Iris Quay, London desk

Hiut Denim, a small factory in Cardigan, Wales, is reviving local denim skills and producing premium British jeans, challenging the notion that luxury denim must be made in global fashion hubs.