My favourite Nasdaq-listed, Chinese-owned, Cayman-incorporated Scottish castle August 22, 2025 A question: what’s the fastest-growing hotel group in Britain? You might opt for Premier Inn, the Whitbred-owned budget chain that’s set to open more than 1,000 new rooms this year. A wildcard choice might be Yotel, the group set up by Yo! Sushi man Simon Woodroffe that’s ballooned from a single site in 2007 to two dozen [...]
Post merger A&O Shearman generates £2.9bn in revenue as partner pay falls short of competitors August 22, 2025 The first results following the anticipated merger of A&O Shearman show that equity partners pocketed £2m, slightly below the figures from its legacy Magic Circle firm
Law firms slammed by regulator over risky client practices on high-volume claims August 22, 2025 The legal regulator has criticised law firms that handle high-volume consumer claims for poor practices that could harm the public, warning that urgent improvements are needed.
NFL: San Francisco 49ers keen on London Super Bowl August 22, 2025 San Francisco 49ers bigwigs are warm to a London Super Bowl as the NFL mulls taking their showpiece match overseas. There has been a lot of talk surrounding whether the top American football league would ever see an overseas franchise, and whether the Super Bowl would ever leave the shores of the United States. But [...]
UK gilt yields suffer from dwindling investor appetite August 22, 2025 UK gilt yields have gradually moved higher over August, as investor concerns over government borrowing costs and wider economic conditions continue. While daily movements have been small, the monthly performance shows a notable sharp spike in yields, with long-dated gilts in particular recording a steep increase. UK yields are now 1.5 per cent higher than [...]
TikTok sheds London staff in major AI push August 22, 2025 TikTok is set to lay off hundreds of staff in its content moderation and security team in London, a decision that has sparked concern just as the UK’s Online Safety Act comes into force. The company, owned by ByteDance, is centralising its “trust and safety” operations globally and plans to increasingly rely on artificial intelligence [...]
Borough wars: London’s e-bike chaos is hurting its commuters August 22, 2025 It’s an e-bike apocalypse out there, or at least it is if you’re trying to cross West London on two wheels. Hounslow Council’s recent decision to ban Lime, the capital’s most ubiquitous e-bike operator, has turned London’s meticulously planned cycle routes into a geopolitical minefield. The capital’s commuters are now finding themselves stranded at borough [...]
High Court sides with The Guardian over actor Noel Clarke libel claim August 22, 2025 The High Court threw out actor Noel Clarke's libel case against The Guardian over its story that detailed sexual misconduct he was alleged to have committed
Standard Chartered shares rally after US rejects whistleblower claims August 22, 2025 Shares in Standard Chartered rallied on Friday after it emerged the US government has rejected whistleblower claims that it breached sanctions rules. Allegations over the banking giant’s practices had courted the attention of US president Donald Trump, who last week took to Truth Social to post a link to an article about the claims published [...]
UK banks carry out sweeping branch closures as customers go digital August 22, 2025 Some of the biggest traditional banks have shut more than one in three of their UK branches over the past five years as they turn away from the high street and dash to bulk up their digital offerings. Data from the Office of National Statistics (ONS) shows the number of bank, credit union and building [...]