Is HSBC turning its back on Europe? May 20, 2025 When Georges Elhedery took the helm at HSBC, he wasted no time making his mark on the firm. Elhedery plotted a “simpler, more dynamic and agile organisation” in his sweeping restructure first announced in October 2024. One significant change introduced by the new bank chief was splitting the business into “eastern markets” covering the Asia-pacific [...]
Trump’s first 100 days: From stock market carnage to electing Carney April 29, 2025 Tuesday marks President Trump’s second first 100 days. On 29 April 2017, pundits looked back at the opening of the then 45th President’s term as a period that had shaken presidential norms and perhaps lowered the tone. In comparison, these first three months have been an earthquake. Trump has shown himself willing to execute the [...]
Mark Carney’s Canadian win presents an opportunity for UK businesses April 29, 2025 Mark Carney’s victory in Canada presents a unique opportunity for UK businesses willing to seize it, writes Michael Martins.
Hollywood Bowl: Ten-pin bowling operator smashes records with strong UK drive April 23, 2025 Hollywood Bowl Group, the operator of the UK and Canada’s largest ten-pin bowling brands, has reported record revenue of £129.2m for the first half of 2025 – up 8.4 per cent year on year, driven by a solid growth in its core UK market. UK sales rose 4.7 per cent to £108.2m, as families continued [...]
Nigeria and India in line to host 2030 Commonwealth Games April 16, 2025 The Commonwealth Games could head to Abuja in Nigeria, Gujarat in India or Canada in a major boost to the future of the multi-sport event. The games, founded as the Empire Games in 1930, are being staged with a slimmed-down format in Glasgow next year after Australia pulled out of hosting the Commonwealths in 2026. [...]
Ukraine peacekeeping plans entering ‘operational phase’, Starmer says March 15, 2025 Planning for a peacekeeping force for Ukraine will move to an “operational phase”, the Prime Minister has said after a meeting of the “coalition of the willing” on Saturday. Sir Keir Starmer said military chiefs would meet in London on Thursday to “put strong and robust plans in place to swing in behind a peace [...]
No 10 says Donald Trump’s tariffs not responsible for UK economy shrinking March 14, 2025 Donald Trump’s tariffs are not responsible for the UK economy shrinking in January, Downing Street has said, in a position that appears to contradict the Chancellor’s reaction to the latest poor economic figures. According to the latest set of gross domestic product (GDP) figures published by the Office for National Statistics (ONS), the economy shrank [...]
Trump escalates trade war, suggests Canada becomes ‘51st State’ March 11, 2025 President Donald Trump has escalated his trade war with Canada, doubling tariffs on metals to 50 per cent and threatening to “substantially increase” levies on the automotive industry. In a post on his own Truth Social network, the US President threatened to “permanently shut down the automobile manufacturing business in Canada” if Canadian retaliatory tariffs [...]
Heathrow taps transatlantic demand in busy February March 11, 2025 Heathrow Airport said it had benefitted from a surge in transatlantic traffic as it served more than 5.7m passengers in February. The Hounslow hub said flights to and from the USA and Canada increased seven per cent year-on-year when adjusting for leap years. Its February total was also a record for the airport by that [...]
Mark Carney: From the Bank of England to Prime Minister of Canada March 10, 2025 Following his dramatic ascension as Prime Minister of Canada, Mark Carney will surely be tempted to call an election on a platform of taking the fight to Donald Trump. But if he wins, that’s where his problems will start, says Michael Martins For such a staid and sober place, Canadian politics has taken a radical [...]