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UK government borrowing has exceeded forecasts by billions of pounds. Higher-than-expected interest costs and inflation-linked spending have tightened fiscal head-room for Chancellor Rachel Reeves ahead of the November Budget, leaving limited room to rebuild the Treasury’s buffer.
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Concerns arise over China’s proposed embassy near London’s financial hub. Senior figures in the City of London Corporation have expressed worries about China’s plan for a new embassy near sensitive data cables. The location is seen as potentially risky, prompting calls for caution in approving the site.
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The UK government has unveiled the “Sterling 20” initiative. It brings together 20 of the country’s largest pension funds to channel capital into domestic infrastructure, affordable housing, and high-growth sectors including AI. The move marks a coordinated effort to boost long-term investment in the British economy.
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Shadow energy secretary criticises Labour’s net zero targets as harmful. Claire Coutinho argues that the UK’s climate targets exacerbate the cost of living crisis, increase electricity costs, and drive jobs overseas, worsening emissions. She calls for a careful approach to China’s role in the energy sector.
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UK fintech industry body criticises banking watchdog over regulation. Innovate Finance’s report criticises the Prudential Regulation Authority for excessive requirements on challenger banks, claiming they hinder competition and innovation, despite government pledges to support financial services growth.
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Legal & General plans £2bn UK investment to create jobs. The FTSE 100 company aims to invest in infrastructure and housing, creating approximately 24,000 jobs. The initiative aligns with government efforts to boost regional growth through pension fund investments.
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FTSE 100 faces worst session since April amid bank sell-off. Global equity markets were rattled by a sell-off in US regional banks, leading to significant losses in the UK’s FTSE 100. Barclays shares dropped sharply, contributing to the index’s worst day since April.
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Inconsistent execution is holding back enterprise AI. A new report from AuditBoard reveals most organisations are trapped in cycles of incomplete implementation, struggling to turn early enthusiasm into reliable, governed adoption.
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One billion women experience menopause around the world today. The International Menopause Society (IMS) has urged employers to take action ahead of World Menopause Day 2025, calling for stronger workplace awareness, practical support measures, and integration of menopause into global wellbeing and HR strategies.
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Many women still feel isolated in their menopause experience. In a World Menopause Month piece, Kerri Mee, Clinical Lead at Onebright, outlines why workplace action plans must go beyond policy and actively support women’s health, wellbeing, and retention — ensuring menopause is no longer a workplace taboo.