Fifa opens office in Trump Tower, deepening ties with US President July 8, 2025 Fifa has opened an office at Trump Tower in New York in the latest evidence of an increasingly close relationship between football’s world governing body and the US president. The move follows the relocation of Fifa’s legal department to Miami last year and comes ahead of the US hosting the majority of the men’s World [...]
Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO June 11, 2025 Profit at EG Group, the empire co-founded by a major investor in supermarket giant Asda, has almost been wiped out ahead of a planned $13bn float in New York. The Blackburn-headquartered group was formed by brothers Mohsin and Zuber Issa and is now co-owned by private equity giant TDR Capital. Now, new accounts filed with [...]
Week in Business: Warning lights in the City as another firm quits London for New York June 5, 2025 The trend has been clear for some time and the evidence points to a story of decline for the UK's capital markets.
CAB Payments turns to New York to revive fortunes June 4, 2025 The London fintech behind the “worst IPO of the year” in 2023 is seeking to revive its fortunes with an expansion to New York after it secured a licence to operate in the US. CAB Payments told markets on Wednesday that it has received approvals from the Federal Reserve and The New York State Department [...]
UK fintech: Can Britain’s booming sector conquer Europe and the US? June 1, 2025 UK fintechs have transformed the British banking landscape – and firms are fixing their eyes on international endeavours. Top names ballooned profits and customers bases over the last year whilst picking up a fleet of accolades. London-based Allica Bank was dubbed the UK’s fastest growing private company by The Times Hundred and Europe’s fastest growing start-up by Sifted. [...]
London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Rugby’s Nations Championship set for New York finals May 12, 2025 World Rugby is looking at taking the 2030 Nations Championship finals to the US ahead of the 2031 World Cup across the pond. The governing body’s chairman Brett Robinson has revealed that New York is being lined up as host one year prior to the Americas’ first ever Rugby World Cup. It comes amid concerns [...]
How to fly to New York in style (and why The Devonshire is overrated) May 7, 2025 Flying to New York to visit the Evolv Collection Restaurants last week, I was reminded that the British Airways loyalty scheme conditions had changed. For reference, here are my own (slightly tongue in cheek) rules for any self-respecting ‘City Guy’ visiting Terminal Five: 1. Arrive at the airport in a cab and ask for the [...]
London is world’s fourth-most dynamic city April 1, 2025 London is in the top five cities for companies to lay down roots, a fresh study has found, despite the UK suffering years of economic stagnation and reports of an exodus of its wealthiest and high-skilled residents. According to Savills’ inaugural corporate dynamic wealth index, London is the fourth-best location in the world for major [...]
London closes in on New York as top financial hub but risks remain March 20, 2025 London has edged closer to becoming the world’s top financial centre, fresh research shows, but concerns have been raised over the City’s future competitiveness. The 37th edition of Z/Yen Group’s Global Financial Centres Index (GFCI 37) showed London maintained its second-place ranking amongst the world’s top financial centres, whilst climbing 12 points from its last [...]