Revolut makes second bid for US banking permit Fintech Revolut has made its second play for a US banking licence to crack the North American market as efforts for a UK permit continue to drag on. The London-born fintech juggernaut said on Thursday it had filed for a US bank charter as it named its new boss for the North America region. Nik Storonsky, [...]
US Supreme Court rules Trump’s ‘Liberation Day’ tariffs were illegal Economics The US Supreme Court has handed down a landmark ruling that the sweeping tariffs President Donald Trump imposed on trading partners last year were illegal. Justices were weighing up a case centred around the Emergency Economic Powers Act that allows a President to regulate imports during a national emergency. The White House had argued the [...]
Business chiefs shift investment plans amid geopolitical tensions Business Top UK company bosses are being forced to shift or ditch their investment strategies amid rising geopolitical and trade tensions. The latest EY-Parthenon chief executive outlook survey – which surveyed 100 UK bosses – showed nearly 80 per cent had switched up investment plans due to developments in international trade policy and wider political pressures. [...]
FTSE 100 Live: Next gets Christmas boost; JLR sales crash after cyber attack January 6, 2026 Good morning and welcome back to the City AM liveblog. British defence stocks were taken for a ride on Monday after rising geopolitical tensions put heightened investor appetite. It was the City’s defence giants Babcock and BAE leading the FTSE 100 to start the week, alongside gold miners who were benefiting from the surging price [...]
FTSE 100 closes above 10,000 after Trump triggers defence rally January 5, 2026 British defence and mining stocks set the FTSE 100 flying high on Monday after the fallout from the United States’ capture of Venezuelan President Nicolas Maduro heightened investor appetite. The surging stock prices helped the blue-chip index cement its first close over the 10,000 mark, ending the session at 10,004.57 after a 0.5 per cent [...]
Gold notches new high as Trump escalates Venezuela threats December 23, 2025 Gold has returned to its record-breaking routine this week as escalating geopolitical tensions and falling interest rates sent the metal to new highs. The yellow metal was closing in on $4,500 on Tuesday morning, reaching highs of $4,497 in early trading. On Monday, the price of an ounce of gold crossed the $4,400 mark for [...]
Trump International, Scotland scoops world’s best golf course award November 13, 2025 US President Donald Trump has welcomed the “great honour” of his Trump International property in Scotland winning an award for the world’s best golf course. The New Course, which opened this year at Trump International in Aberdeenshire, scooped the top gong at the World Golf Awards, which is voted for by professionals, media and the [...]