Wednesday newspaper round-up: Solar farm, mortgage rates, Oura
By Michele Maatouk
Date: Wednesday 15 Oct 2025
(Sharecast News) - Ed Miliband has approved the UK's biggest solar farm, which will be built in a county where Reform UK's anti-renewables agenda has won rising support. The energy secretary on Tuesday gave the go-ahead for the Tillbridge solar farm to be developed near Gainsborough in Lincolnshire. Once built, it will generate enough electricity to power 300,000 UK homes. - Guardian
The US and UK have seized $15bn (£11.3bn) in bitcoin and frozen London properties owned by the alleged leaders of scam centres in Cambodia that trick victims around the world and torture their trafficked workers. Two Chinese-born businessmen are among the six people hit by travel bans and sanctions that aim to tackle the growing threat of organised crime gangs carrying out online fraud globally on an industrial scale. - Guardian
Mortgage rates have risen for the first time since February thanks to sticky inflation and lender nerves ahead of the Budget. Average rates on two and five-year fixed mortgages increased by 0.02pc respectively over the past month, the first rise in eight months, according to Moneyfacts. It comes as the Bank of England voted to keep its headline interest rate at 4pc last month amid sticky inflation in part caused by Rachel Reeves's National Insurance raid. - Telegraph
The Labour Party's hedge fund donor has paid out a dividend of £360 million after reporting a jump in revenue and profits in the year of the general election. Quadrature Capital, which made the largest single donation to the Labour Party ahead of the election, paid out the dividend as revenues jumped to £1.2 billion from £588 million in the year ended January 31 2025, with profit before tax rising to £553.9 million from £56.2 million. - The Times
Oura has announced that it raised $900 million in its latest investment round, valuing the health tech business at $11 billion. Fidelity led the fundraising for the maker of health-tracker smart rings, with participation from Iconiq, a new investor, and contributions from Whale Rock and Atreides. - The Times
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