As it happened: Market jitters as Streeting set to make bid against Starmer Markets Good morning and welcome back to the City AM liveblog. UK borrowing costs are taking a modest breathe this morning after settling much higher yesterday after a session jam-packed with political turmoil. The 10-year yield on UK gilts spiked ten basis points to over 5.1 per cent on Tuesday. Meanwhile, the 30-year yield soared to [...]
Easyjet shares grounded after revealing £560m hit from Iran war Aviation Easyjet expects to make a whopping loss in the first half of the financial year after the war in the Middle East led to major disruptions across operations. The budget airline said on Thursday it is forecasting a loss before tax of between £540m and £560m as the industry battles against rising costs. Shares in [...]
Alex Yee fears Enhanced Games will be ‘dangerous’ for former GB teammates Sport Business Olympic triathlon champion Alex Yee fears the Enhanced Games will be dangerous to athletes who accept big-money offers to take part in the pro-doping multi-sport competition. Two of Yee’s former Team GB colleagues, springer Reece Prescod and swimmer Ben Proud, are among those set to compete in the first edition of the Enhanced Games later [...]
Trump: 2026 Fifa World Cup co-host Canada hits out at 51st State jibe February 27, 2025 The manager of America’s 2026 Fifa World Cup co-host Canada has hit out at President Donald Trump over claims The Great White North should be the US’ 51st State. Trump previously said: “If people wanted to play the game right, it would be 100% certain that they’d become a state.” Ontario Premier Doug Ford hit [...]
Enhanced Games: Trump invests in ‘doped Olympics’ February 13, 2025 The Enhanced Games, a drug inclusive alternative to the Olympics, has bagged Trump family funding as 1789 Capital leads a new funding round. The venture fund is led by investment bank Farvahar Partners CEO Omeed Malik, vice president JD Vance ally Christopher Buskirk – they co-founded The Rockbridge Network together – and the 47th President’s [...]