The financial stability of UK universities is at risk, with mounting concerns over potential bankruptcies, staff layoffs, and declining global competitiveness. According to the Office for Students (OfS), a major UK higher education provider could collapse as institutions struggle with plummeting international student enrollments, rising operational costs, and years of frozen tuition fees. With over 10,000 jobs at risk, experts warn that the crisis could weaken the UK’s reputation as…

Santander UK, the British arm of Spain’s Banco Santander, announced on Wednesday its plan to close 95 of its 444 branches, a move that puts approximately 750 jobs at risk. The decision follows a 63% increase in digital transactions since 2019, while financial transactions in physical branches have dropped by 61% over the same period. These closures, set to begin in June 2025, will reduce Santander UK’s branch network by…

A gang has been convicted over the theft of a £4.8m gold toilet from an art exhibition at Blenheim Palace. The artwork — dubbed “America” — was one of the star attractions of an exhibition by Italian artist Maurizio Cattelan at the 18th-century stately home, the birthplace of wartime prime minister Winston Churchill. Thieves smashed their way in and ripped out the functional toilet, hours after a glamorous launch party…

Radical changes that will cut income for 1mn people may not get many more into work, say analysts UK ministers have set out plans for a radical reform of welfare for the sick and disabled — including a £5bn cut to spending on health-related benefits, a new duty for claimants to engage with job support programmes, and a £1bn investment in back-to-work programmes. Work and pensions secretary Liz Kendall…

Fatimah Idera According to the Bank of America (BofA) Fund Manager Survey for March revealed that Fund managers had cut their US equities allocations by the largest amount ever recorded. The other side of this particular coin was the biggest jump in cash allocations the survey has ever found, as managers chose to de-risk rather than send the money into other risk assets. The bearish move appeared to be prompted…

The U.K. government is set to introduce significant changes to the Personal Independence Payment (PIP) scheme, with some current recipients at risk of losing their benefits under a planned overhaul of the welfare system. The reforms aim to tighten eligibility criteria, with the goal of reducing the rising welfare bill while ensuring support remains available for the most vulnerable. On Tuesday afternoon, Work and Pensions Secretary Liz Kendall will outline…

Canadian Prime Minister stresses the importance of ‘reliable allies’ in Paris before travelling to London where he was received by king Canada is the “most European of the non-European countries”, Mark Carney has said during his first overseas trip as prime minister to France and the UK, where he is seeking stronger alliances to deal with Donald Trump’s attacks on his country’s sovereignty and economy. Without mentioning the US president…

Nearly nine in ten (88%) of the 153 upper-tier authorities in England are set to impose a 4.99% council tax increase this year, the highest amount allowed without triggering a local referendum. When councils increasing bills by 4.5% or more in April are included, the proportion rises to more than nine in ten (94%). According to an analysis, for just over two-thirds (68%) of top-tier authorities, this marks the third…

A shocking 100-fold increase in asylum claims by skilled workers has been revealed by the National Audit Office (NAO), raising serious concerns about the Home Office’s ability to track and manage the visa system. According to the watchdog, asylum claims from skilled worker visa holders jumped from just 53 in 2022 to 5,300 in the first 10 months of 2024. The NAO report highlighted a major gap in the UK’s…

Canada’s newly sworn-in Prime Minister Mark Carney is set to meet King Charles III and UK Labour leader Sir Keir Starmer in London, as he seeks to reinforce diplomatic ties with European allies. His visit follows a meeting with French President Emmanuel Macron in Paris, signaling an urgent push to strengthen relations amid growing tensions with the United States. Meeting with King Charles and Sir Keir Starmer Mr. Carney, who…

“Those who buy Patriot should be offered the new-generation Franco-Italian SAMP/T. Those who buy the F-35 should be offered the Rafale,” French president says. French President Emmanuel Macron’s comments come as European NATO members have become even more dependent on U.S. weapons than ever before. French President Emmanuel Macron wants to lead a charm offensive to convince EU countries to stop buying U.S. defense equipment and buy French and European…

By Fatimah Idera The accumulation of refuse caused by Birmingham’s ongoing bin collection strike poses a major public health risk, as rodents thrive on the abundance of rotting food left unattended. Approximately 400 council waste workers in Birmingham went on strike on Tuesday over a dispute concerning jobs and pay. Unite warned that the disruption could extend into the summer, while the city council insisted that they had made a…