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Money

BoE Cuts Bonus Deferral Period from 8 to 4 Years

Bank of England building with City skyline, symbolic of financial regulation change

The Bank of England’s Prudential Regulation Authority (PRA) will halve the deferral period for senior bankers’ bonuses—from eight years to four—and allow pro-rata vesting, a move aimed at boosting Britain’s financial sector competitiveness.

LATEST POSTS

October 16, 2025 — 2.02PM
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October 16, 2025 — 12.59PM
Last updated 20 mins ago
Technology
Cerebras to Deploy AI Infrastructure at UAE Stargate Campus
Cerebras AI infrastructure UAE Stargate campus
Banking
UAE Stocks Mixed as Oil Weakens, Gaza Ceasefire Hopes Rise
UAE stock market mixed trading weak oil Gaza ceasefire
Venture Capital
UAE Stargate AI Campus 200 MW Phase to Go Live Next Year

Live Economy
Dubai Bans Power Banks on Flights, Updates Visa and Safety Rules
Venture Capital
Bank of England policymaker Alan Taylor cautioned that Britain’s economy may face a “bumpy landing,” with inflation dropping below target and trade headwinds from U.S. tariffs threatening growth.

Live Business
UK Finance Minister Rachel Reeves is reportedly preparing to raise taxes and cut spending in the the upcoming November budget to address rising borrowing costs and shrink the fiscal deficit.

Investment
Ofcom Finds No Competition Issues in Openreach Fibre Deal

Finance

UAE National Month Campaign to Celebrate Flag Day, Unity

UAE flag and citizens celebrating National Month and Flag Day

UAE National Month Campaign to Celebrate Flag Day, Unity

UK Finance Minister Rachel Reeves speaking on easing visa rules to attract global talent after Trump’s restrictions

UK Plans Easier Visa Path to Attract Global Talent: Reeves

UK Plans Easier Visa Path to Attract Global Talent: Reeves


Nvidia CEO Jensen Huang speaking on AI chip demand amid delays to Trump’s UAE semiconductor deal

Trump’s UAE Chip Deal Delays Frustrate Nvidia’s Jensen Huang

Trump’s UAE Chip Deal Delays Frustrate Nvidia’s Jensen Huang

Money

KKR Invests in ADNOC Gas Pipelines in Middle East Expansion

Global investment firm KKR has invested in ADNOC’s gas pipeline infrastructure, signaling a major push to expand its footprint in the Middle East ener...


Money

Ericsson, Nokia Secure $2.7B VodafoneThree UK Deal

VodafoneThree has awarded Ericsson and Nokia a $2.7 billion contract to build the UK’s largest 5G network, a move set to reshape telecom competition.

Finance

UK May Scrap Visa Fees to Attract Top Global Talent

UK government considers scrapping visa fees to attract global talent

The UK government is considering removing visa fees for top global talent as part of efforts to boost innovation, attract skilled workers, and grow the economy...

Nvidia CEO Jensen Huang frustrated over delays in Trump’s UAE semiconductor deal

Nvidia CEO Frustrated by Delays in Trump’s UAE Chips Deal

Delays in Donald Trump’s UAE chip deal have left Nvidia CEO Jensen Huang frustrated, raising concerns about global chip supply chains and AI ambitions.


UAE President Sheikh Mohamed bin Zayed with OpenAI CEO Sam Altman discussing AI partnership

UAE President, OpenAI CEO Discuss AI Collaboration Plans

UAE President Sheikh Mohamed bin Zayed met OpenAI CEO Sam Altman to explore collaboration in AI, aiming to boost innovation and digital transformation.


UAE Foreign Minister Sheikh Abdullah bin Zayed meeting Israeli PM Benjamin Netanyahu to discuss Trump Gaza plan and annexation concerns

UAE Urges Netanyahu to Support Trump Gaza Peace Plan

The UAE pressed Israeli Prime Minister Benjamin Netanyahu to support Donald Trump’s Gaza peace plan and warned against annexation of the West Bank.

Finance

UAE Urges Netanyahu to Support Trump Gaza Peace Plan

The UAE pressed Israeli Prime Minister Benjamin Netanyahu to support Donald Trump’s Gaza peace plan and warned against annexation of...


Finance

UK Inflation Slows, Oil Price Rise Creates New BoE Challenge

UK inflation eased slightly, but a sudden oil price surge has raised new concerns for the Bank of England as it balances growth, rate...


Finance

UK Won’t Impose VAT on Private Healthcare, Says Minister

The UK government has ruled out imposing VAT (sales tax) on private healthcare services, according to Health Minister Wes Streeting,...

Money

Reeves Proposes Youth Mobility Deal for UK and EU Under-30s

Rachel Reeves proposes youth mobility scheme for young Europeans

UK Chancellor Rachel Reeves has proposed a new youth mobility scheme that would allow young Europeans aged ~18-30 to live and work in the UK under a post-Brexi...

Job cuts at Lindsey oil refinery as UK GDP growth is revised upward

Job Cuts at Lincolnshire Refinery, UK Growth Revised Upward

Around 125 jobs will be lost at the Lincolnshire (Lindsey) oil refinery after its parent company entered insolvency, even as revised GDP data shows the UK econ...


Trump signs TikTok sale order and jokes about making algorithm 100% MAGA

Trump Quips He’d Make TikTok Algorithm ‘100% MAGA’ as He Signs Order

As Donald Trump signed an executive order for the sale of TikTok’s U.S. operations to a U.S. group, he joked he would make its algorithm “100 % MAGA,” though h...


UAE President Sheikh Mohammed bin Zayed meets OpenAI CEO Sam Altman in Abu Dhabi

UAE President Meets OpenAI CEO to Strengthen AI Ties

UAE President Sheikh Mohammed bin Zayed met OpenAI CEO Sam Altman in Abu Dhabi to explore deeper AI collaboration, focusing on research, infrastructure, and in...

Money

UAE Foreign Minister Calls for Gaza Ceasefire in Talks with Netanyahu

UAE Foreign Minister Sheikh Abdullah bin Zayed met Israeli Prime Minister Benjamin Netanyahu on the sidelines of the UN General Assem...


Money

UK Manufacturing Hit by Jaguar Land Rover Cyber-Attack

The UK manufacturing sector faced disruption after Jaguar Land Rover suffered a major cyber-attack, raising concerns over cybersecuri...


Money

UK High Court Warns Lawyers Over Fake AI Case Citations

The UK High Court has issued a warning to lawyers after AI tools were found generating fake case-law citations, raising concerns over...

OPINION

Editor

The final word on our political and policy coverage

At the helm of our political desk, Josef demands reporting with real clarity and depth, holding our work to a core promise of integrity.

Josef T. Evans

Editor

Susan Stone headshot

Editor

Connecting market trends to your everyday life

For Ella, business news is personal. She traces how big market moves shape our industries and what that really means for you day-to-day.

Ella T. Davis

Editor

Susan Stone headshot

Reporter

Decoding the fast-paced world of tech and innovation

Wanda is always chasing what's next in tech. She reports on the people and ideas—from small startups to global giants—that are building our future.

Wanda A. Rivera

Reporter

Ann Sherry

Reporter

VReporting on the nation’s energy and environmental future

Out in the field, Frank reports on the real story of America's energy future—the policy debates, new projects, and our biggest climate tests.

Frank M. Deberry

Reporter

Ann Sherry

Reporter

Exploring the stories at the heart of our communities

At the heart of local communities, Gregory explores the stories that matter—from healthcare and education to the social fabric of America.

Gregory C. Morse

Reporter

Ann Sherry

Reporter

Making sense of America's role on the world stage

Adriana makes sense of a complex globe, reporting on foreign affairs, defense, and the key relationships that define America's place in the world.

Adriana M. Harriss

Reporter

Ann Sherry
latest News

Bancrédito Pays Depositors, But Liquidation Stalls

Bancrédito Holding has repaid depositors in full, yet the bank’s liquidation process remains unresolved, raising legal and regulatory q...

View More News→
UK government signals no disclosure rule for AI training methods

UK Government Won’t Force Tech Firms to Reveal AI Training

The UK government has indicated it will not compel tech companies to disclose details of AI training methods, sparking debate on transparency a...

Anas Sarwar says Labour byelection win shows SNP’s decline

Labour Byelection Win Marks SNP Decline, Says Anas Sarwar

Scottish Labour leader Anas Sarwar said the party’s byelection victory shows the SNP’s dominance is fading, signaling a major shift in Scottish...

Donald Trump jokes TikTok algorithm ‘100% MAGA’ as he signs US sale order

Trump Signs TikTok Sale Order, Jokes on 100% MAGA Algorithm

Donald Trump signed an order mandating TikTok’s China sale to a US group, joking he’d make the algorithm “100% MAGA,” sparking debate on tech a...

Technology

130+ Escaped Hamsters Delay Plane Operations for Five Days

Cargo plane grounded after 130+ escaped hamsters cause chaos

A plane’s operations were disrupted for five days after more than 130 hamsters escaped on board, causing chaos and grounding flights temporarily.

Biden authorizes Ukraine to use long-range missiles against Russia

Biden Approves Ukraine Use of Long-Range Missiles Into Russia

President Biden has authorized Ukraine to use long-range missiles to target locations inside Russia, marking a significant escalation in the ongoing conflict.


UAE employees’ salaries during annual leave regulations

UAE Employees: Are Salaries Deductible During Annual Leave?

A common question in the UAE workplace is whether employers can deduct salaries while employees are on annual leave. Experts explain labor law provisions and b...


Dubai Police adds three Mercedes models to luxury patrol fleet

Dubai Police Expands Fleet with Three New Mercedes Patrol Cars

Dubai Police has added three high-end Mercedes models to its luxury patrol fleet, enhancing capabilities and showcasing the city’s modern policing approach.

Technology

Sharjah Self-Defense Club Claims No-Gi Title at UAE Jiu-Jitsu

Sharjah Self-Defense Club emerged victorious in the No-Gi category at the UAE Jiu-Jitsu Championship, showcasing skill, discipline, a...


Technology

Sharjah Extradites Uzbek and Nepalese Nationals for Fraud

Sharjah authorities have extradited two foreign nationals—one Uzbek and one Nepalese—wanted under Interpol Red Notices to face fraud...


Technology

Apple Opens Its Fifth UAE Store at Al Jimi Mall, Al Ain

Apple has opened its fifth store in the UAE, located at Al Jimi Mall in Al Ain, expanding its retail presence in the region.

Sponsored

Business

UAE Schools Announce One-Month Winter Break

uae-schools-announce-one-month-winter-break

UAE schools will have a one-month winter break from December 8, 2025, to January 4, 2026, giving students and staff an extended holiday period.

US envoy addressing media on Gaza peace talks

UK Branded Europe’s Worst Market for Drug Prices by Eli Lilly

Pharmaceutical giant Eli Lilly has criticized the UK’s pricing environment, calling it the “worst country in Europe” for drug prices, raising concerns over hea...


UK and GCC ministers in meeting condemning Gaza humanitarian crisis

UK, GCC Ministers Condemn Gaza Humanitarian Catastrophe

GCC and UK ministers jointly condemned the humanitarian crisis in Gaza, calling for urgent international action to protect civilians and restore...

Business

US Envoy Confident of Breakthrough on Gaza Crisis

A senior US envoy expressed optimism about achieving a breakthrough in Gaza peace talks, signaling renewed international efforts to en...


Business

US Allies Challenge Trump Policy with Support for Palestinian Statehood

US allies at the UN voiced growing support for Palestinian statehood, presenting a direct challenge to Donald Trump’s pro-Israel polic...

Investment

UAE Rate Cut Boosts Dubai and Abu Dhabi Stock Markets

Traders monitor Dubai and Abu Dhabi stock markets after UAE rate cut

Dubai and Abu Dhabi shares rose after the UAE central bank cut interest rates, boosting investor sentiment and signaling support for economic growth.

UAE and Israel flags symbolizing fragile diplomatic ties amid annexation risk

UAE May Downgrade Diplomatic Relations if Israel Annexes West Bank

The UAE is considering downgrading its diplomatic ties with Israel if West Bank annexation plans move forward, raising tensions in regional diplomacy.


UK government announces visa easing for skilled workers

UK Eases Visa Rules for Skilled Workers After US H-1B Fee Rise

The UK government will relax visa restrictions to attract skilled professionals, following the US increase in H-1B visa fees, making the UK a to...

Investment

UK Lowers State Pension Age Below 67 Starting September 25

The UK government will reduce the state pension age to below 67, effective September 25, 2025, signaling a major shift in retirement p...


Investment

Trump Criticizes European Allies at UN General Assembly

President Donald Trump criticized European leaders at the UN General Assembly, accusing them of mismanaging immigration and warning, "...

Investment

US allies debate Palestinian statehood at UN General Assembly

US Allies Support Palestinian Statehood, Challenging Trump Policy

US allies are increasingly supporting Palestinian statehood at the UN, creating challenges for President Trump's Israel policy and signaling shifts in global di...

Investment

United Airlines Ground Stop Issued Due to Technical Issue

The FAA issued a ground stop for United Airlines flights due to a technical issue, briefly halting departures at U.S. and Canadian airports before service resum...

Investment

Jimmy Kimmel Returns to ABC, Addresses Controversial Remarks

Late-night host Jimmy Kimmel returned to ABC, expressing regret for controversial comments about the murder of conservative commentator Charlie Kirk and address...

Banking

UAE leaders discussing national priorities in Abu Dhabi

UAE Leaders Convene in Abu Dhabi to Discuss National Priorities

UAE leaders met in Abu Dhabi to discuss key national priorities, focusing on economic growth, social development, and regional stability.

Banking

UAE Suspends New Visas for Citizens of Nine Countries

The UAE has temporarily suspended new tourist and work visas for citizens of nine countries, including Afghanistan, Libya, and Bangladesh, due to national secur...

News

londons-wealth-rebalancing-causes-destinations-outlook
Monday, October 20, 2025

London’s Wealth Rebalancing: Why Parts of the Ultra-Rich Are Leaving—and What Comes Next

For decades, London sold itself, credibly, as a stable, cosmopolitan home for global capital. Recently, however, widely cited datasets and news reports suggest a reversal

Banking

UK Approves Gatwick Second Runway to Boost Jobs & Cut Costs

The UK government has approved Gatwick Airport’s second runway to boost jobs and cut holiday costs, despite growing environmental concerns.

Gatwick Airport second runway approval by UK government
Banking

Trump’s $100K H-1B Visa Fee Faces Criticism from Tech Sector

A new $100,000 H‑1B visa fee introduced under Trump’s administration has drawn criticism from the tech industry, which warns it could stifle innovation and hinder gro...

Protest against $100K H-1B visa fee in front of US Capitol
Banking

Arada Acquires 75% of UK Developer Regal

UAE-based Arada has acquired 75% of UK property developer Regal, aiming to triple its UK project pipeline over the next three years as part of its international expan...

Arada CEO announces acquisition of UK property developer Regal
Banking

Ru’ya Careers UAE 2025 Launches in Dubai

Ru’ya Careers UAE 2025 has launched in Dubai, offering jobs, training, and workshops to Emiratis as part of national Emiratisation initiatives to enhance workforce pa...

Ru’ya Careers UAE 2025 job fair and workshops in Dubai

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