Keir Starmer must find ‘more inclusive way’ to run Labour, says Andy Burnham February 10, 2026 Andy Burnham gave Sir Keir Starmer a lukewarm endorsement on Tuesday, urging the Prime Minister to lead a stronger and more united government amid continued questions about his leadership. The Mayor of Greater Manchester called for stability, but argued that this could only be secured through “a more inclusive way of running the party”. “We [...]
Allow pensions savings to go into housing deposits, says FCA chief February 10, 2026 The head of the financial watchdog has suggested that the UK should have the “contentious debate” about whether pension savings could be put towards housing deposits. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), said there was greater scope for pension savings to support financial resilience, particularly among lower income households. “We have [...]
Budget documents accessed thousands of times before release February 10, 2026 The budget was accessed nearly 25,000 times before its formal release, according to an official report into the leak, raising questions over the data handling practices of the UK’s fiscal watchdog. The National Cyber Security Centre (NCSC) said it had identified at least 24,701 successful downloads of the document, compared to the 43 spotted in [...]
Wetherspoon boss backs Reform pub package – and defends dog policy February 9, 2026 Sir Tim Martin, chairman of JD Wetherspoon, has called on hospitality firms to back Reform’s proposed pub support package, arguing it would “utterly transform” the landscape for pubs. In a stock exchange release, Martin said Reform’s proposals would offer pubs “tax parity” with supermarkets. “By eliminating the tax differential between supermarkets and the hospitality industry, [...]
Top hotel chain calls for Liverpool Street scheme to be rejected February 9, 2026 A top hotel group has called for Network Rail’s £1.2bn Liverpool Street redevelopment to be rejected or deferred, warning that it might not ever be completed. James Francque, global head of transactions at Hyatt, said the scheme is “not financially viable, offers limited operational benefit, and carries a high risk of non-delivery.” “For these reasons, [...]
Tesco snaps up shuttered Amazon Fresh sites in convenience store push February 9, 2026 Tesco plans to open over 70 Express stores across the country by March next year, including at least five new sites in London. In a statement released today, the supermarket chain confirmed it had acquired five former Amazon Fresh stores across the capital. These sites – in Kensington High Street, Hounslow, Moorgate, Aldgate East, and [...]
FCA to publish London share trading data to defend UK public markets February 9, 2026 The City watchdog is planning to start collecting and publishing all available data on share-trading in an attempt to show that liquidity in UK public markets is not as bad as it is often thought. The plans will act as a stopgap until the Financial Conduct Authority (FCA) issues its ‘consolidated tape’ of trading data [...]
Liverpool Street redevelopment tipped to get green light February 5, 2026 The controversial redevelopment of Liverpool Street station has been tipped for approval despite receiving thousands of objections. Planning officers at Canada Corporation recognised that the plans would cause harm to a number of heritage assets, including the station itself, but said the issues were “clearly and convincingly justified” given the wider benefits [...]
Nick Train’s Finsbury fund slides further as AI triggers jitters February 4, 2026 Nick Train’s Finsbury Growth and Income Trust (FGIT) has endured another torrid few days after being caught up in the sell-off in data and software stocks. The trust is heavily exposed to London’s leading listed software companies, all of which have faced heavy pressure since the launch of Anthropic’s legal productivity tool on Monday. At [...]
Watchdog warns on ‘fire sale dynamics’ risk in repo market February 4, 2026 The global financial watchdog has urged regulators to cast a closer eye over the ways in which leveraged trades in the short-term repo market could amplify financial stability risks worldwide. Regulators at the Financial Stability Board (FSB) are particularly concerned that leveraged investors might be forced to dump their assets in the event of a [...]