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      European financial centres lose global standing amid ‘relentless pivot to Asia’

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  • Trump’s war on Harvard is the natural outcome of left-wing overreach

    April 24, 2025

    Trump's war on Harvard puts academic freedom at risk, but it's the predictable right-wing overreaction to left-wing overreach, writes Lewis Liu.

  • Tesla misses, yet Musk reassures investors with AI push

    April 23, 2025

    Tesla’s first quarter results, announced at market close yesterday, may have disappointed on traditional metrics. Yet, the company has used its earnings to pivot the story, away from missed car delivery targets and falling profits, and toward its future bets on AI, autonomy and energy. Revenue fell nine per cent year on year to $19.3bn, [...]

  • Hollywood Bowl: Ten-pin bowling operator smashes records with strong UK drive

    April 23, 2025

    Hollywood Bowl Group, the operator of the UK and Canada’s largest ten-pin bowling brands, has reported record revenue of £129.2m for the first half of 2025 – up 8.4 per cent year on year, driven by a solid growth in its core UK market. UK sales rose 4.7 per cent to £108.2m, as families continued [...]

  • Castore could snub London and float overseas as CEO talks up ‘global ambition’

    April 23, 2025

    The London Stock Exchange needs to offer something different if it’s going to convince Castore to float in the UK, its co-founder has said. Tom Beahon, speaking on an upcoming episode of City AM‘s Boardroom Uncovered podcast, said it would be “shame” if the brand didn’t end up choosing London and instead completed an initial [...]

  • Tesla profits crash as Elon Musk fallout hits brand and bottom line

    April 23, 2025

    Tesla reported a sharp decline in first-quarter profit on Tuesday, missing Wall Street estimates as the electric vehicle maker continued to grapple with slowing demand, rising competition, and mounting brand headwinds tied to chief executive Elon Musk’s political activities. Net income nosedived 71 per cent year-over-year to $409m (£307m) while revenue fell nine per cent [...]

  • British workers among saddest, loneliest and most disengaged in Europe, report finds

    April 23, 2025

    British workers are among the saddest, loneliest and most disengaged in Europe, according to a report released by Gallup today.

  • Google back in the hot seat as antitrust pushes Chrome sell

    April 22, 2025

    Alphabet-owned Google returned to a Washington DC courtroom on Monday for the remedies phase of the US government’s landmark antitrust case, with the department of justice (DOJ) calling for a structural breakup of the tech giant – including a forced sale of its Chrome browser. The trial follows a 2023 ruling by US district judge [...]

  • London should seize the opportunity to become a neutral financial hub

    April 20, 2025

    Amid global turmoil, London's stability gives it the opportunity to become a neutral financial hub, writes Alastair King.

  • Councils turn digital as budget pressures mount

    April 17, 2025

    Councils across the UK are ramping up spending on technology and service design as financial pressures mount and demand for services grows. The Department of Science, Innovation and Technology hopes that digitising public sector services could unlock up to £45bn a year in productivity gains. “This makes digitisation the most powerful lever available to drive [...]

  • London startups bag £2.69bn in VC funding in 2025 so far

    April 17, 2025

    London-based startups attracted £2.69bn in venture capital (VC) in the first three months of the year, marking a robust start of the year despite a fall in deal volumes. According to KPMG’s latest venture pulse report, while deal count dropped from the previous quarter, the overall value of funding reached nearly 90 per cent of [...]

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