The Best New Casinos in the UK May 20, 2025 Our experts at City AM have carefully analysed the leading new online casino sites to enter the UK online casino industry and handpicked our favourites. Key features of the best new casino sites that we took into account include innovative features, broadness of game libraries as well as valid security and licensing. Keep reading to [...]
Starmer and Badenoch face off over EU deal May 20, 2025 Prime Minister Keir Starmer has defended his EU ‘reset’ deal in the House of Commons amid criticism from opposition MPs that the pact unpicks Brexit and sells out the fishing industry. Starmer told MPs that businesses’ reaction to the EU deal was so supportive that he didn’t “have time to run through the list” of [...]
British ports request £120m for ‘white elephant’ Brexit border posts May 20, 2025 British ports are demanding £120m in compensation after being forced to invest millions in post-Brexit border control posts rendered “obsolete” by Keir Starmer’s new EU deal. Monday’s UK-EU trade deal committed to removing border checks on plant, animal and food imports from the EU member states. The deal was welcomed by the port industry, but [...]
Reeves’ risky borrowing policies prompt fresh tax hike fears May 20, 2025 Tax hike fears are gathering pace as rising borrowing costs are set to wipe out around half of Chancellor Rachel Reeves’ small £9.9bn headroom, a leading economics consultancy has warned. Reeves made around £14bn in spending cuts at her Spring Statement two months ago but left herself with one of the slimmest fiscal buffers on [...]
Goldman Sachs: Investors are fleeing US stocks May 20, 2025 Clients at Goldman Sachs are increasingly asking the banking giant to move their money away from the US, bosses in the firm’s investment arm have warned. “The US is not thought to be as safe and dominant as it was six months ago,” Matt Gibson, head of client solutions at Goldman Sachs Asset Management, told [...]
Thames Water: Bonuses from £3bn emergency loan ‘withdrawn’ May 20, 2025 Hefty bonuses to Thames Water bosses that were carved out of a £3bn emergency loan have been “withdrawn” following backlash, the government has announced. Environment secretary Steve Reed said on Tuesday he was “very happy indeed that Thames have now dropped those proposals. It was the wrong thing to do. They have now withdrawn their [...]
London Spirit £144m sale nearly done, insists MCC chief May 20, 2025 MCC chief executive Rob Lawson insists a £144m deal between a consortium of US tech heavyweights and the owners of Lord’s Cricket Ground for a 49 per cent stake in Hundred franchise London Spirit is just a “couple of weeks away from getting everything done”. It comes after the initial timeline for eight Hundred deals [...]
Trio of trade deals puts UK in better position “than any other country,” Rachel Reeves says May 20, 2025 Chancellor Rachel Reeves has said the UK is now in a better place on trade “than any other country in the world” after securing new trade agreements with India, the US and the EU this month. Reeves said the agreements have “come along like buses,” and that the government’s next targets for trade deals are [...]
Interest rate cuts need to slow down to curb inflation, says Huw Pill May 20, 2025 Interest rate cuts are fuelling inflation and need to slow down, the Bank of England’s chief economist Huw Pill has warned ahead of the release of fresh data set to show a jump in price growth in April. The Bank‘s Monetary Policy Committee (MPC) voted by a slim majority to cut interest rates to 4.25 [...]
Arthur Ashe Stadium: World’s biggest tennis arena to get even bigger May 20, 2025 The world’s biggest tennis arena, Arthur Ashe Stadium, is set for a major upgrade as part of an $800m (£600m) redevelopment of US Open venue Flushing Meadows. A $250m (£185m) state-of-the-art player performance centre to be named after pioneer Billie Jean King is the other main aspect of the project, which is due for completion [...]