Christie’s: Contemporary art helps auction house sales surge July 25, 2025 Sales at the London showroom of auction house Christie’s have started to make a recovery after suffering a slump in 2023, it has been revealed. The group’s UK arm has posted sales of £919.4m for 2024, a rise of almost 12 per cent compared to 2023’s total. Christie’s UK sales were slashed from £1.1bn in [...]
Why on earth isn’t the pensions commission considering the triple lock? July 25, 2025 The triple lock is a glaring omission from the scope of the newly announced pension commission, says Jamie Jenkins There is much to cheer with the formation of a second pensions commission. The Pension Schemes Bill sets out the strategic direction for retirement saving over the next five years, and the Pensions Commission is largely [...]
Four City traders’ seek appeal against Libor convictions following landmark ruling July 25, 2025 Four former City traders with criminal convictions plan to appeal after the Supreme Court overturned the convictions of Tom Hayes and Carlo Palombo on Wednesday.
UK retail sales bounce back as Brits enjoyed warmest June on record July 25, 2025 Sales for UK retailers rose last month as Britons enjoyed the warmest June on record, which helped drive sales of food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volume rose by 0.9 per cent in June, following a 2.8 per cent fall in May, as consumers [...]
NatWest boosts outlook and kicks off new share buyback July 25, 2025 NatWest has upgraded its full-year guidance with a 9.5p interim dividend and a £750m share buyback following "a strong H1 2025 performance".
Rightmove profits rise amid rental and commercial property growth July 25, 2025 Britain’s largest property portal, Rightmove, posted a rise in revenue and profit on Friday, buoyed by estate agents upgrading marketing packages and growing demand across its rental and mortgage arms. The FTSE 100 firm told the market that revenue rose 10 per cent to £211.7m in the first half of 2025, up from £192.1m last [...]
UK’s AI vision faces infrastructure reality check July 25, 2025 The UK government has set ambitions to become a global leader in AI research, safety and commercialisation. Over £2.5bn has been committed to compute infrastructure, with new supercomputers being built in Edinburgh and Bristol, and “AI Growth Zones” being launched across regions including Greater Manchester and the West Midlands. But a growing chorus of voices [...]
UK-India trade deal will be major boost for financial services July 25, 2025 Yesterday, as the UK-India Free Trade Agreement was signed, it marked a landmark moment forBritain’s financial services sector. Not only is this the government delivering a trade deal that was talked about for many years butnever happened – it is delivering a real strategic partnership with the world’s fastest-growing majoreconomy. It’s an agreement that perfectly [...]
Consumer confidence dips in July ahead of possible autumn tax rises July 25, 2025 Brits’ confidence ticked down in July despite sunny weather, with caution building ahead of possible tax rises in the government’s autumn Budget. Sentiment dipped by one point to -19 in July, according to GfK’s Consumer Confidence Index. The measure for the general economic situation of the country during the last 12 months fell one point [...]
The gloves are on! Lord Mayor and Ricky Hatton to appear at City boxing night July 24, 2025 The Lord Mayor of the City of London is swapping his robes for boxing gloves and stepping inside the ring for a celebration of the sport featuring former world champion Ricky Hatton and promoter extraordinaire Barry Hearn. The Lord Mayor, Alderman Alastair King, will take on a mystery American opponent in an exhibition bout to [...]