Trustpilot: Review site hikes profit outlook July 15, 2025 Trustpilot has upgraded its full-year profit outlook after strong first-half growth in bookings and revenue, driven by robust enterprise demand. The review platform expects to report first-half bookings of $140m (£104.15m), up 19 per cent year-on-year, or 17 per cent at constant currency) with revenue up 23 per cent to $123m. Annual recurring revenue surged [...]
Close Brothers drops brewery arm amid operations overhaul July 15, 2025 Close Brothers is set to sell off its specialist service provider division for the beer industry as the banking group continues to overhaul operations. The FTSE 250 listed group established Close Brewery Rentals Limited (CBRL) in 2007, which provides keg and cask rental, leasing, and management services for breweries and beverage producers. The division offers [...]
In Starmer’s Labour, it’s backbenchers that hold the power July 15, 2025 Labour needs backbenchers who fight for growth, not just block spending cuts, writes Michael Martins in today's Notebook.
Exclusive: Panmure Liberum to ‘reinvigorate’ City market with banking tie-up July 15, 2025 Investment bank Panmure Liberum has joined forces with Nedbank in a push to expand their reach across equity capital markets and drive dual-listings across the UK and South Africa. London-headquartered Panmure will collaborate with Nedbank’s corporate and investment banking division to produce equity research across UK and South African markets. The deal aims to provide [...]
Tax debate goes from comedy to tragedy July 15, 2025 When I suggested recently that we were going to experience déjà vu, with another summer of endless tax rise speculation, I didn’t imagine the experience would be quite so profound. And yet, having already enjoyed the spectacle last year of Labour MPs trying to define “working people” they’re now treating us to a rerun of [...]
Rachel Reeves urges Brits to buy stocks as she shuns risk-averse regulators July 15, 2025 Rachael Reeves has thrown her weight behind a campaign to get more Brits investing into stocks and shares as the Chancellor shunned the risk-averse culture of London’s financial regulators. In a wide-ranging address to City execs at Mansion House last night, Reeves vowed to place financial services “at the heart” of the government’s growth agenda [...]
FCA plots regulatory bonfire to lower costs of raising capital July 15, 2025 The Financial Conduct Authority is to pare back its onerous capital raising rules as part of a regulatory bonfire aimed at helping firms grow faster. Under fresh rules set to take effect in January, the requirement to produce a prospectus for public secondary share raises will be upped from 20 per cent to 75 per [...]
Rachel Reeves eyes boost for first-time buyers with mortgage reforms July 15, 2025 Rachel Reeves will today unveil a fleet of reforms in a bid to boost home ownership as she plans to slash ‘financial red tape’. Speaking in Leeds ahead of her Mansion House address, the Chancellor will announce plans for the Prudential Regulation Authority (PRA) to increase high loan-to-income mortgages (over 4.5 times a buyer’s income) [...]
Sajid Javid joins calls to replace ‘unfit’ NHS with insurance model July 14, 2025 Former health secretary Sajid Javid has joined calls for a major overhaul of the National Health Service (NHS) that would see it replaced by a universal social insurance-based model. Javid said a “serious conversation with taxpayers” about how to fund the institution was “long overdue,” throwing his weight behind a paper by Policy Exchange which [...]
Natwest boss: No path to growth without financial services July 14, 2025 The boss of banking juggernaut Natwest has issued a final plea to Rachel Reeves on the eve of her Mansion House speech, urging the Chancellor to fully unleash financial services’ growth potential. Paul Thwaite, Natwest’s chief executive, said there was “no path to growth without [financial services]” as he called for Reeves to make key [...]