Business & Economy

Billionaire Chris Rokos poised to leave UK

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. Billionaire hedge fund manager Chris Rokos is preparing to leave the UK and move his tax residency to Greece, according to reports, making him the latest prominent member of Britain’s wealthy financial community to consider relocating amid debate over the country’s tax policies. Rokos, founder of Rokos Capital Management, is reportedly planning to establish an office in Athens...

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UK retailers plan 100,000 placements for young people

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. More than 40 major retailers across the UK are preparing to offer up to 100,000 short-term work placements to young people who are not currently in employment, education or training, in an effort to help them gain experience and move towards paid work. The initiative, developed in partnership with the Department for Work and Pensions, is aimed at...

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Argentina to file criminal charges over Falklands oil drilling

Published: 08 September 2026. The English Chronicle Desk. The English Chronicle Online. BUENOS AIRES — Argentina is preparing to file criminal charges against Israeli energy company Navitas Petroleum and several of its executives over oil exploration and production activities in the Falkland Islands, escalating a long-running dispute with the United Kingdom over sovereignty of the South Atlantic territory. The planned legal action follows a renewed push by Argentine President Javier...

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UK House Prices Fall as Mortgage Rates Rise

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. UK house prices have fallen on an annual basis for the first time in almost three years, highlighting growing pressure on the property market as higher mortgage costs, persistent inflation concerns, geopolitical uncertainty and stretched household finances weigh on prospective buyers. According to Lloyds, the average UK property was worth £298,468 in August, representing a 0.4% decline compared...

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Spire Healthcare Agrees £1bn Takeover by Toscafund

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. Britain’s largest private hospital operator, Spire Healthcare, has agreed to a £1.03bn takeover by an investment group led by Toscafund Asset Management, placing one of the country’s biggest independent healthcare providers under the control of a private investment firm amid renewed debate over the growing role of private companies in delivering medical services linked to the National Health...

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Swedish Mining Push Puts Sami Land Rights Under Pressure

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. Sweden’s drive to expand mining and secure access to strategically important minerals has opened a growing political dispute over the rights of the country’s Indigenous Sami population, with reindeer herders in the northern town of Kiruna warning that industrial expansion could threaten both their traditional livelihoods and the cultural practices that have sustained their communities for generations. The...

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UK Cost Squeeze Deepens as Mortgages and Gas Rise

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. Britain's cost-of-living pressures are showing fresh signs of intensifying as mortgage rates rise, wholesale gas prices reach their highest level in more than three years and house prices record their first annual decline in almost three years. The latest developments are creating a difficult economic backdrop for households, businesses and policymakers, with higher borrowing costs and energy prices...

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Ukraine Moves to Seize Water Company

Published: 07 September 2026. The English Chronicle Desk. The English Chronicle Online. A growing legal and corporate dispute in Ukraine has drawn a British theatre producer and her billionaire family into a battle over one of the country’s largest bottled-water businesses, as Ukrainian authorities move to take control of assets linked to Russian investors. At the centre of the dispute is IDS Ukraine, a major producer of bottled drinking water...

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Reform Faces Fresh Financial Controversy

Published: 05 September 2026. The English Chronicle Desk. The English Chronicle Online. Reform UK and its leader Nigel Farage are facing renewed scrutiny over the party’s finances as a series of controversies surrounding political donations, personal financial arrangements and alleged attempts to navigate electoral rules continue to raise questions about transparency and accountability. The latest controversy emerged as Reform UK held its annual conference in Birmingham, where two senior party...

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UK Subsidence Claims Surge After Record-Breaking Summer

Published: 05 September 2026. The English Chronicle Desk. The English Chronicle Online. Home insurers across England and Wales are reporting a sharp increase in subsidence claims following the UK’s hottest summer on record, with one major insurer recording an extraordinary rise of almost 140% in claims during August. The surge has raised fresh concerns about the growing impact of hotter and drier weather on homes, foundations and household finances as...

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