Carter-Ruck’s libel lawyer referred to Disciplinary Tribunal August 7, 2025 A partner at the City-based law firm Carter-Ruck, renowned for its libel work, was referred to a prosecution hearing by the legal regulator over an “improper” threat to sue
Tom Hayes on life as a free man: ‘I was in a very dark place’ August 7, 2025 Tom Hayes became one of the most infamous names in the Square Mile after he was convicted to 14 years in prison for rigging the Libor interest rate in 2015. It took a decade for him to clear his name. Ali Lyon meets the former banker to hear about life in prison, and what comes [...]
Swiss officials call for Fifa chief Infantino to soften Trump tariff blow August 7, 2025 Fifa president Gianni Infantino has been called upon by political figures in Switzerland to help persuade Donald Trump to lower tariffs on the landlocked nation. The US President has announced that Switzerland is in line to be slapped with 39 per cent tariffs as part of his sweeping economic policies that have seen countries rush [...]
Super League Basketball season gets green light after visa breakthrough August 7, 2025 Super League Basketball clubs plan to begin their new season next month after overcoming a block on obtaining visas for overseas players that had stymied their recuitment. The hold up came when the British Basketball Federation terminated SLB’s licence and refused to sign off on governing body endorsements (GBEs) required for the visas. After weeks [...]
Bank of England cuts interest rates in historic vote August 7, 2025 The Bank of England has cut interest rates to four per cent in an unprecedented double vote as Monetary Policy Committee members clashed on the impacts of a crumbling jobs market and higher food prices. Monetary Policy Committee (MPC) members were told to vote a second time after four members voting for a 25 basis [...]
WNBA sex toy incidents fuel crypto prediction boom for Polymarket August 7, 2025 Users of cryptocurrency-based predicting site Polymarket are cashing in on sex toys being thrown at WNBA matches in the US. There have been a number of incidents in the past week whereby sex toys have been thrown onto the court, momentarily stopping games. The vulgar short-term trend has impacted matches involving Indiana Fever, Los Angeles [...]
Revolut drafts in EY amid banking licence push August 7, 2025 Revolut has tapped accountancy giant EY to replace BDO as its auditor as the firm pushes to secure its UK banking licence. The UK fintech juggernaut said EY will act as the firm’s auditor for the financial year ending December 2026 after a formal bidding process. This comes as Revolut expects to launch as a [...]
UK’s largest chamber of commerce on brink of collapse August 7, 2025 The largest accredited chamber of commerce in the UK is on the brink of collapse after filing a notice of intent to appoint administrators. Greater Manchester Chamber of Commerce, which has around 4,000 members, has cited the Covid-19 pandemic and its aftermath for creating “sustained financial pressures” as one of the reasons behind its current [...]
US Open tennis prize money soars as players get record purse cut August 7, 2025 Players at this year’s US Open are set to enjoy a record prize purse for a grand slam as Flushing Meadows splashes the cash. Singles winners in New York this autumn will each receive £3.7m for lifting silverware on the court of Arthur Ashe Stadium. It trumps the prize purse for the previous three grand [...]
Serco: Defence spending pushes order pipeline to 10-year high August 7, 2025 Government services firm Serco’s order pipeline has risen to the highest in more than a decade as countries across Europe and North America ramp up their defence budgets. The firm’s pipeline stood at £11.9bn, up six per cent compared to the end of last year, with as much as 80 per cent of its order [...]