If BBC battle change, is it time to abolish sport’s Crown Jewels? August 7, 2025 With change needed to ensure lesser followed sports get their time in the spotlight, is it time to abolish the Crown Jewels and ditch the BBC for some coverage? What I know about aquatics could be scribbled with a waterproof Sharpie on a pair of skimpy Speedos. I do know, though, that swimming is one [...]
LIVE: Bank of England cuts interest rates to four per cent August 7, 2025 The Bank of England has slashed interest rates to the lowest level in more than two years at four per cent. The decision to cut rates from 4.25 per cent comes after members were told to vote for a second time after facing a split decision. It follows the Bank’s chief economist, Huw Pill, telling [...]
One bad apple: The rise of partner vetting at law firms August 7, 2025 In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line
Oxford Street’s new phone theft warnings are utterly depressing August 7, 2025 When demand emerges, the market will provide a solution and the internet is now awash with anti phone theft devices. Basic wrist straps are available on Amazon for a couple of quid, with more robust ‘retractable phone security tethers’ on offer for around £30. You can even get a body-worn strap system that looks like [...]
London pub scene ‘showing real resilience’ despite soaring costs August 7, 2025 The number of pubs in London has barely budged in the last decade despite heavy pressure on the capital’s hospitality scene. There are 3,523 pubs in the capital, only 10 fewer than in 2023 and just under the 3,530 venues recorded in 2017, according to data from the ONS. “The data shows it’s far from [...]
Borough Market: New chief takes the helm at London’s oldest food hall August 6, 2025 Borough Market has announced hospitality veteran Alistair Maddox as the iconic site’s new chief executive officer following Jane Swift’s resignation earlier this year. One of the capital’s best-loved and oldest food markets, Borough Market has grown into a thriving six-day-a-week market, attracting 20 million visitors a year. The market, which has been in the same [...]
EFL in advanced talks with Sheffield Wednesday owner Chansiri over sale August 6, 2025 The EFL says it is “in advanced discussions” with Sheffield Wednesday owner Dejphon Chansiri over a sale of the financially stricken football club. Wednesday are set to begin the new season this weekend despite players going unpaid and part of their Hillsborough Stadium being closed due to a chronic lack of funds. The English Football [...]
Starmer refuses to rule out tax rises – and criticises forecasters August 6, 2025 The Prime Minister has refused to comment on whether he will break Labour’s manifesto pledges on taxes at this year’s Autumn Budget as he slapped down independent forecasters’ claims the government faced a £50bn black hole. The National Institute of Economic and Social Research (NIESR) claimed Rachel Reeves would miss her borrowing target by £41.2bn [...]
London hit with a slowdown in mid-market deal activity August 6, 2025 Mid-market private equity investment in London suffered a fall in the first half of this year, as economic uncertainty and wider geopolitical issues affected investment activity. According to fresh analysis from professional services giant KPMG, the volume of mid-market private equity investment fell 14 per cent in the capital, with just 168 deals completed. KPMG’s [...]
AI-for-Excel firm Tracelight raises $3.6m to streamline finance work August 6, 2025 UK founded AI company, Tracelight, has raised over $3m in seed funding as it bids to hand laborious finance work over to AI tech. The London based company raised $3.6m (£2.7m) in seed funding from a series of venture capital firms, led by Chalfen Ventures with participation from Acequia Capital, Inovo and EF City AM [...]