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      How HSBC and Standard Chartered are riding high on Asia’s wealth

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People

  • UK investors split over Trump’s effect on market

    January 18, 2025

    UK investors are split over whether Donald Trump’s return to the White House will be good for their portfolios, as analysts debate how the former president’s comeback will effect the market. Only 29 per cent of UK retail investors said that Trump’s return will be positive for their investments, compared to 31 per cent who [...]

  • Rachel Reeves’s trip to China and Tulip Siddiq’s resignation | What’s the Context?

    January 17, 2025

    City AM's Opinions and Features Editor Alys Denby shares her thoughts on Rachel Reeves's trip to China and TuliIp Sidiq's resignation.

  • Ex-Bank of England governor Mark Carney enters race to be Canadian PM

    January 17, 2025

    Former Bank of England governor Mark Carney has entered the race to replace Canadian prime minister Justin Trudeau. “I’m doing this because Canada is the best country in the world, but it could still be even better,” said Carney as he formally announced his bid in Alberta. The announcement came after months of speculation over [...]

  • We need a government that gets business, not businessmen running government

    January 13, 2025

    The idea that business leaders can transform the way government works didn’t start with Elon musk, but success in politics demands different skills to entrepreneurship, says Eliot Wilson Business feels let down by the current government. Before the general election, Sir Keir Starmer and his shadow chancellor, Rachel Reeves, staged an updated performance of the [...]

  • Proxy adviser backs Boohoo vice chair in Mike Ashley row

    January 9, 2025

    Proxy voting adviser Institutional Shareholder Services (ISS) has backed Boohoo in its row with Mike Ashley and Frasers Group, urging shareholders to vote against firing the company’s co-founder and vice chair Mahmud Kamani. In November, Frasers demanded that Kamani be removed as a director of Boohoo, leading the firm to call a general meeting scheduled [...]

  • Elon Musk wants to buy Liverpool, claims his father

    January 7, 2025

    Elon Musk would like to buy Premier League leaders Liverpool, who were put on the market by current owners Fenway Sports Group in 2022, according to his father. The world’s richest man, who has amassed an estimated net worth of £340bn, has family ties to the city through his grandmother, Errol Musk said. “He would [...]

  • Keir Starmer’s response to Elon Musk is tone deaf

    January 7, 2025

    Rather than face up to the racial and religious dimension of the rape gangs scandal, Starmer continues to tell himself comfortable myths about the success of our multicultural society, says James Price Over the last week, the rest of the world has been introduced to one of Britain’s greatest – and ongoing – shames. Young [...]

  • Elon Musk’s attacks on Jess Phillips a ‘disgraceful smear’, Streeting says

    January 5, 2025

    Wes Streeting has said attacks made by Elon Musk on Jess Phillips over grooming gangs are a “disgraceful smear” considering the Labour minister’s efforts to support victims of abuse. The billionaire owner of social media platform X, Tesla and Space X suggested the safeguarding minister “deserves to be in prison” for denying requests for the [...]

  • Musk says Farage ‘doesn’t have what it takes’ to lead Reform UK

    January 5, 2025

    Elon Musk has said Nigel Farage “doesn’t have what it takes” to lead Reform UK, just weeks after the pair had a “great” meeting in the US. The owner of Tesla and X – the social media site formerly known as Twitter – met with Farage in December at US President-elect Donald Trump’s Mar-a-Lago resort, [...]

  • 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 [...]

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