LBC owner loses £140m despite revenue marching towards £1bn Media Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Bank of England warns of rising global threat as lenders’ capital rules slashed Banking The Bank of England has warned of increased global risks to financial stability, even as it slashed rules imposed on UK lenders dictating the amount of capital they must hold. The central bank said “risks to financial stability have increased during 2025”. “Global risks remain elevated and material uncertainty in the global macroeconomic outlook persists,” [...]
Banks gear up for boost with loosening of capital rules Banking UK banks are gearing up to supercharge the government’s growth agenda with reforms to lenders’ capital requirements set to unlock billions of free cash. The Bank of England is set to take the chop to rules around capital requirements, as part of a “fresh up” of rules in a six-month review to be published on [...]
Business rates burden to disproportionately hit London offices October 28, 2025 The upcoming change in how business rates are calculated will affect far more office-based firms in London than elsewhere and may cause a rise in closures, according to a new report. The business tax reforms, scheduled for next April, will introduce a higher rate of payment for properties worth over £500,000. The new multiplier for [...]
Banking watchdog boss warns easing capital rules ‘highly risky’ October 22, 2025 The head of the UK’s banking watchdog has warned of high risk if the UK loosens its rules around lenders’ capital framework as the government pushes for economic growth. Sam Woods, the head of the Prudential Regulation Authority (PRA), said requiring banks to no longer set aside capital for top-tier sovereign bonds would “be equivalent [...]
Passive investing is strangling UK capital markets October 9, 2025 Passive investment funds have become both free riders and absentee landlords, says Charles Hall Passive investment has become a key driver of global and UK equity markets. From being relatively insignificant 20 years ago it is now a key component. Given that growth in passive investing is likely to be inexorable, it is time we [...]
FTSE 100 seals best quarterly rise since 2022 September 30, 2025 The FTSE 100 has net its best quarterly rise since 2022 as the index shrugged off geopolitical tensions to storm to record highs. London’s blue-chip index clawed back morning losses to seal a 0.54 per cent gain at 9350.43. A batch of risers managed to offset losses from market heavyweights. Pest control firm Reckitt and [...]
Should we raise capital via debt or equity? September 13, 2025 Amid a financing drought, should business leaders bet on debt or dilute with equity? Himanshu Singh gives us his assessment.
Flutter: Paddy Power owner books record quarter August 8, 2025 Online betting giant Flutter hiked its full-year profit guidance for 2025 after a record quarter driven by business in the US. The world’s largest online sports betting operator recorded a 16 per cent rise in revenue to $4.2bn (£3.12bn) in the three months to June 30. Meanwhile, earnings jumped 25 per cent to $919m. FanDuel [...]
Sport in 2025: A rallying cry to London, Mayor Khan and Londoners January 2, 2025 For at least the past five years it has felt as if London was disappearing off the global sporting stage. The capital may boast the Home of Cricket, 17 professional football clubs and five stadiums with a capacity of over 50,000 but huge sporting events have sought refuge in the likes of Saudi Arabia, the [...]