Papa Johns boss brands rising costs a ‘perfect storm of difficulty’ May 13, 2025 The UK boss of pizza chain Papa Johns has branded the rising costs his business is facing as a result of"perfect storm of difficulty".
Google pays up as antitrust scrutiny heightens May 13, 2025 Google’s recent settlement of $1.38bn (£1.05bn) with the state of Texas marks a significant moment in the tech titan’s ongoing legal battles over both privacy violations and anti-competitive practices. The settlement, which resolves two major lawsuits filed in 2022, accused Google of secretly collecting biometric data such as facial recognition and local tracking, without user [...]
Wheat and see: Farmers fear trade deal impact on bioethanol and beef markets May 13, 2025 Ministers and commentators heralded the UK’s trade deal with the United States as a political coup that will save thousands of jobs at British automakers. But changes to beef and bioethanol trade rules have left an already bruised agricultural sector fearing the worst, writes Ali Lyon. When he’s not slavishly editing clips for the hundreds [...]
FTSE 100 banks Lloyds and Natwest set to profit despite lower interest rates May 13, 2025 Amidst a backdrop of waning interest rates, FTSE 100 banking giants such as Lloyds and Natwest look set to continue to profit, according to analysts. Lenders’ takings from net interest income (NII) remained steady in the first quarter, even after the Bank of England chopped interest rates four times to 4.5 per cent. Since then, [...]
Reform UK tops latest City AM poll as Nigel Farage’s approval ratings climb May 13, 2025 Nigel Farage’s approval ratings have climbed since his party’s success in the local elections, while Reform UK has surged ahead of Labour to top the latest Freshwater Strategy/City AM poll of UK voters. Since last month’s survey, Keir Starmer’s net approval rating has seen a modest improvement from -39 to -36 while Tory leader Kemi [...]
Financial Conduct Authority plans to ‘put public back in IPO’ May 13, 2025 After a torrid few years for the London Stock Exchange, the Financial Conduct Authority is opening new avenues to boost initial public offerings (IPOs). The City regulator told industry stakeholders at the London Stock Exchange’s annual IPO Forum last week, it would “put the P back into IPO,” sources attending the event told City AM. [...]
Fifa president Infantino set for Middle East trip alongside Trump May 13, 2025 Fifa president Gianni Infantino is set to touch down in Saudi Arabia today as he joins President Donald Trump in the Middle East. The football chief will, as a result, not be present in person for a number of key Fifa meetings in Paraguay ahead of the body’s congress, which begins on Thursday. Infantino, who [...]
Starmer’s just the latest to be shaped by UK’s immigration debate May 13, 2025 Immigration has shaped UK politics for the past 20 years, often in ways that surprised at the time but which appear in hindsight to make perfect sense. David Cameron’s 2010 pledge to reduce net migration to the tens of thousands set the Tory party on a collision course first with Brexit and then the subsequent [...]
Retail sales shoot up in sunniest spring on record May 13, 2025 Retail sales rose at their fastest rate for more than a year after warm weather drove Brits to bring forward summer purchases. Total retail sales in the UK increased by seven per cent year on year in April after declining of four per cent in the same month last year, according to new figures from [...]
Pension funds sign Mansion House Accord in £50bn boost to UK May 13, 2025 The UK economy could be about to receive a £50bn cash injection after Britain’s biggest pension funds pledged to redirect resources into private markets in a major policy shift. The voluntary, non-binding agreement by the funds, dubbed the Mansion House Accord, will see increased investment into major infrastructure projects as well as greater venture capital [...]