Global

British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting…

Nintendo Switch 2 launches globally with midnight openings and record pre-orders. But will its steep game prices and limited launch titles affect long-term success? Read more: Nintendo Switch 2 launches at midnight as fans queue worldwide

Arts leaders warn that Labour’s proposed changes to the Access to Work scheme could push disabled people out of employment. More than 2,500 sign open letter to DWP and DCMS. Read more: Labour’s Access to Work reform plans ‘risk excluding disabled people from the workforce’, say arts leaders

Concerns mount that Tata Steel may be excluded from Keir Starmer’s proposed US-UK steel trade deal due to origin rules, potentially threatening over $100m in annual exports. Read more: Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal

HMRC confirms £47 million was stolen in a major phishing scam targeting 100,000 online accounts. Criminals posed as taxpayers to falsely claim rebates. Arrests have been made. Read more: HMRC scammers stole £47m in phishing fraud targeting 100,000 taxpayer accounts

Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s…

Not enough support was garnered amongst Premier League clubs to hold a vote on changing rules relating to fixed assets. The decision means Premier League clubs like Chelsea will still be able to sell hotels to a company linked to their owners without penalty. The Blues sold two hotels in 2023 and included the generated…

Birmingham City are set for a multi-million pound boost to their Sports Quarter development after chancellor Rachel Reeves committed investment which will see the city’s metro reach the club’s planned new stadium. Part of the £2.4bn allocated to the West Midlands will link Birmingham’s Sports Quarter to the centre of town, according to West Midlands…

Chancellor Rachel Reeves has confirmed that more pensioners will be eligible for the Winter Fuel Payment this year, signalling a U-turn on one of Labour’s earliest and most contentious policies. Read more: Winter fuel payment U-turn in place this year, but key details remain unclear