Labour’s regional growth plan sees 12,000 civil servants moved outside London May 14, 2025 The government is on a mission to relocate 12,000 civil servant jobs across the UK to save taxpayers money — to the tune of £94m a year by 2032. Cabinet Office minister Pat McFadden told the BBC this morning he hopes relocating civil servants “will make this government one that better reflects the country it [...]
Trade deals set to boost Indian equities say analysts May 14, 2025 A fragile ceasefire with Pakistan and trade deal with the UK has left analysts hopeful for a stock market surge in India, as the government seeks to take a bite of China’s electronic manufacturing industry. On Monday following the peace deal, India’s ‘Nifty 50’ blue chip stocks recorded their best day in four years, and [...]
Eurostar routes could see double-decker trains May 14, 2025 Double-decker trains could be running through the Channel Tunnel in the coming years as part of proposals from the French rolling stock giant Alstom alongside Eurostar. Chief executive Henri Poupart-Lafarge told the Financial Times the trains would increase traffic on routes between London and Europe, which are traditionally operated by Eurostar. “The double-decker train has [...]
How Steven Bartlett’s first Dragons’ Den investment collapsed May 14, 2025 The full story of how the first company that Steven Bartlett invested in when he joined hit BBC One show Dragons’ Den collapsed and was rescued has been revealed for the first time. City AM reported in March that artisan cheese retailer Cheesegeek had been acquired by Scotland-based Albex Group for what was then described [...]
Rank: Grosvenor casino owner hits jackpot as laws relaxed May 14, 2025 Rank Group – the owner of UK-based chain Grosvenor casinos – is set to ramp up the number of gaming machines in its casinos after the government said it would relax gambling laws. Shares in the group soared nearly eight per cent on Wednesday morning. The firm said the government’s review of the 2005 Gambling [...]
European court sides with NYT over requests for von der Leyen’s texts with Pfizer CEO May 14, 2025 European Court of Justice found that the Commission failed to explain why text messages with Pfizer should be kept from the public
Package deal: Evri to merge with DHL ecommerce arm May 14, 2025 Parcel delivery company Evri is set to merge with DHL eCommerce UK, the e-commerce logistics specialist of DHL Group, in yet another example of consolidation in the sector. The merged Evri business is set to deliver over a billion parcels and a further billion business letters annually, with 30,000 couriers and 12,000 office staff, DHL [...]
Tui shares slump as losses widen after quitting London May 14, 2025 Shares in Tui have slumped as losses widened despite a bumper performance from its cruise segment. Underlying operating losses increased by €18m to €207m (£174.3m) even as second quarter revenue rose from nigh-on breakeven to €3.7bn. Shares were trading down around the 11 per cent mark in early deals on Wednesday. The travel operator did [...]
Rolls-Royce: FTSE 100 shares near record high May 14, 2025 The share price of FTSE 100 giant Rolls-Royce has passed a major milestone as its market capitalisation continues to edge closer to new heights. Shares in the Derby-headquartered group are now changing hands for more than 800p, a landmark price that it has only surpassed three times before in its history. Rolls-Royce first passed the [...]
Vanquis shares jump after recovery from complaints storm May 14, 2025 Shares in Vanquis Banking Group rose on Wednesday after the firm said it had swung back into profitability following a major blow from complaints in 2024. The London-listed bank’s stock was up nearly seven per cent as markets opened, trading above 75p. The Bradford-based lender recorded £2bn in net receivables, the total money expected to [...]