London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
How are ‘bankrupt’ France’s borrowing costs still lower than ours? September 29, 2025 Locked in a protracted political crisis over the extent of its indebtedness – and with its deficit running at over five per cent of GDP – France has earned itself the unwanted monikers of ‘the sick man of Europe’ and the ‘new Greece’. Despite these woes, its borrowing costs remain lower than the UK’s. Ali [...]
Jaguar Land Rover to restart some production ‘in coming days’ September 29, 2025 Jaguar Land Rover will restart some of its manufacturing operations in the coming days, the carmaker has said, over a month after it was forced to shut down its plant to deal with a brutal cyber attack that has left dozens of its suppliers on the brink of failure. In a statement released on Monday, [...]
Natwest chair: Rachel Reeves’ Budget must include radical tax reform September 29, 2025 The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]
Mitsubishi, Emirates and Mastercard enjoy Women’s Rugby World Cup lift September 29, 2025 England’s Red Roses weren’t the only winners at the Women’s Rugby World Cup; sponsors Mitsubishi Electric, Emirates and Mastercard all enjoyed major boosts from the tournament. Mitsubishi saw a 60 per cent increase in online engagement as a result of its partnership with the Women’s Rugby World Cup, which hosts England won on Saturday in [...]
Rolls-Royce: FTSE 100 giant now worth £100bn September 29, 2025 FTSE 100 giant Rolls-Royce is now worth more than £100bn after its share price continued its remarkable rise. The Derby-headquartered group passed the milestone for the first time in its 121-year history on Friday before slipping back. Now, shares in Rolls-Royce have risen again and surpassed 1,191p, giving the company a valuation of more than [...]
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’ September 29, 2025 Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024. The latest total comes after it [...]
The Ritz: Luxury London hotel makes fifth consecutive loss September 29, 2025 The Ritz hotel in London has made a loss for the fifth year in a row despite its turnover jumping in 2024, it has been revealed. The five-star hotel has reported a pre-tax loss of almost £3m for its latest financial year, down from the £10m loss it posted for 2023. The Ritz also made [...]
Profit spikes at Asda billionaire’s property empire September 29, 2025 Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed. Monte Blackburn was set up by brothers Mohsin and Zuber Issa in 2016 and has a number of property interests across the North West of England. The billionaire brothers, who [...]
GBK: Gourmet Burger Kitchen creates 600 jobs amid profit return September 29, 2025 Gourmet Burger Kitchen has created almost 600 jobs as it returned to profit during its latest financial year. The restaurant chain increased its headcount from 1,652 to 2,235 in 2024, according to new accounts filed with Companies House. The results have also revealed that Gourmet Burger Kitchen achieved a pre-tax profit of £4.8m for the [...]
We need more retail investors to get Britain growing, Rachel Reeves told September 29, 2025 Chancellor Rachel Reeves has been told to introduce measures in the Autumn Budget which will encourage more people in the UK to become retail investors. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, ClearScore CEO Justin Basini said that more people needed to be persuaded to start investing as a key way [...]