UK jobs markets suffers a fainting fit…will the patient get worse? May 14, 2025 We now know that since the start of the year the number of payrolled employees in the UK has fallen by around 100,000 – adding to the emerging narrative that when it comes to employment, things are going in the wrong direction. Fewer people employed, fewer vacancies and fewer jobs likely to be created. The [...]
‘Cautious welcome’: City bigwigs react to Mansion House Accord May 14, 2025 City analysts and politicians have been probing the ramifications of the Mansion House Accord, a new deal spearheaded by the government that aims to encourage more diverse investments by pension funds. The accord, which was signed by seventeen major pension funds yesterday, is a voluntary commitment to allocate ten per cent of funds to private [...]
Zopa Bank: UK fintech raises £80m with its first LSE bond listing May 14, 2025 Zopa Bank has raised £80m in its first-ever London Stock Exchange bond listing as it gears up to launch current accounts. The fintech will transfer to an unlisted public company within six months following the transaction as it inches closer to the possibility of a float on the LSE. The oversubscribed fundraise was completed on the [...]
UK research fund suffering from Labour’s lack of strategy, watchdog says May 14, 2025 The government should give the UK’s largest single public fund for scientific and technological research more deadlines and clearer targets in order for projects to succeed, an independent watchdog has said. The National Audit Office (NAO) said the government should better communicate its policy priorities to UK Research and Innovation (UKRI), which has a budget [...]
Plans to build UK’s largest arena in London revealed by Co-op Live owner May 14, 2025 The live entertainment giant which co-owns the UK’s largest indoor arena, Co-op Live, is looking at building up to two new venues in London at a cost of around £1.5bn. Speaking to City AM, Oak View Group (OVG) chief executive Tim Leiweke revealed plans for up to two arenas are currently being considered with the [...]
Defence secretary tells City sector is ‘open for business’ May 13, 2025 Defence secretary John Healey has unveiled plans to open a “marketplace” that will allow suppliers from different areas of the economy to support defence firms, telling an audience at the London Stock Exchange that “UK defence is open for business.” Healey announced the new scheme linking up the defence sector with companies in software, data [...]
NFL London: Vikings, Broncos and Rams heading to capital May 13, 2025 The Minnesota Vikings, Denver Broncos and Los Angeles Rams have been announced as the designated away teams for the NFL London Games series. The Vikings will feature for a second consecutive season at the Tottenham Hotspur Stadium and face the Cleveland Browns in Week Five. It will be the 40th match in London. At the [...]
World Cricketers’ Association call for better IPL communication May 13, 2025 Some players are uncomfortable with returning to the Indian Premier League (IPL) due to the level of information supplied by organisers, according to the World Cricketers’ Association. Play in both the IPL and Pakistan Super League was suspended due to heightening political tensions, some of which has been described as terrorism by the UK government. [...]
Conservative MP charged with two sexual assaults at London Club May 13, 2025 Conservative MP Patrick Spencer has been charged with two counts of sexual assault alleged to have taken place at The Graucho Club in central London. The charges relate to two alleged incidents involving two different women at the Soho members’ club, both in August 2023, according to a statement from the Crown Prosecution Service (CPS). [...]
Home Secretary defends PM’s immigration speech after backlash May 13, 2025 The Home Secretary has defended the Prime Minister’s choice of language after he received criticism for claiming that the UK risked becoming “an island of strangers” without major reform to the immigration system. Former Shadow Chancellor John McDonnell, who was suspended from Labour after voting against welfare reforms, posted on X: “Talk of an “island [...]