Elon Musk’s satellite internet provider Starlink has begun undercutting traditional broadband providers in the UK after rolling out aggressive price cuts, intensifying competition in Britain’s fixed-line market. Starlink is now offering high-speed broadband for as little as £35 a month in selected parts of the UK, down from a previous entry-level price of £55. The move places the satellite service ...
Octopus Energy has been named Britain’s Most Admired Company 2025, becoming the youngest business ever to win the prestigious accolade. The UK’s largest energy supplier took the top prize at a ceremony held at the London Stock Exchange, beating long-established corporate heavyweights that in some cases have been operating for more than a century. In addition to the overall title, ...
Canada is actively reshaping its global trade and investment strategy in response to continued US trade tariffs, with investors and policymakers increasingly turning their attention towards Europe and China rather than waiting for a reversal in Washington. According to leading audit, tax and business advisory firm Blick Rothenberg, uncertainty created by US trade policy is accelerating a strategic shift in ...
Britain’s heavy reliance on China for net zero technologies such as batteries could put as many as 90,000 manufacturing jobs at risk in the event of a major supply chain shock, according to a new report. Analysis by the Institute for Public Policy Research (IPPR) warns that a severe disruption to battery component supplies, lasting as little as a year, ...
Sir Keir Starmer is preparing to back legislation that would ban under-16s from social media platforms, signalling a decisive shift in the government’s approach to online child protection. The Prime Minister, who had previously voiced doubts about adopting Australia-style age restrictions, has now dropped his opposition and confirmed that all options are being considered, including a mandatory ban for under-16s. ...
The government is to roll out a new £1bn-a-year support scheme designed to give people on low incomes direct access to emergency cash when they face sudden financial shocks. The Crisis and Resilience Fund, which launches in April, will run for an initial three years and replace the temporary Household Support Fund that has been extended repeatedly since its introduction ...
A pair of former Dyson engineers have raised millions of pounds to bring a battery-powered electric boiler to market, positioning it as a lower-cost, lower-disruption alternative to heat pumps for millions of UK homes. Wiltshire-based Luthmore was founded in 2022 by Craig Wilkinson and Martin Gutkowski, both ex-Dyson engineers who previously worked together on projects including the vacuum maker’s abandoned ...
The BBC is close to agreeing a landmark partnership with YouTube, signalling a significant strategic shift as the public broadcaster looks to reach younger audiences on the platforms they increasingly favour. Under the proposed arrangement, the BBC would create original, bespoke programmes designed specifically for YouTube, with the option for successful formats to later migrate to its own platforms, including ...
Soho House has secured fresh financing to complete its $1.8 billion take-private deal, stabilising a transaction that had been thrown into doubt just weeks ago. The London-based private members’ club group said it has now locked in alternative funding to replace a $200 million shortfall, clearing the way for a consortium led by MCR Hotels to complete the acquisition. In ...
Rachel Reeves’s carefully constructed £22 billion fiscal buffer could be eroded by as much as £14 billion as a result of policy U-turns and a sharper-than-expected fall in net migration, raising fresh questions about the durability of the chancellor’s budget strategy. Markets initially welcomed Reeves’s November budget, which more than doubled the government’s fiscal headroom and was seen as a ...