EU banking rules could ‘choke investment’ from booming City Banking The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Jamie Dimon warns markets are under-estimating global risks Banking The boss of JP Morgan, Jamie Dimon, has warned global markets not to underestimate current risks, as the US banking giant hiked its provisions for bad loans. The world’s most influential banker said that whilst the US economy had remained “resilient” and consumer and business trends were “generally healthy,” ongoing risks persisted. “Markets seem to under-appreciate [...]
Greggs shares tumble as baker gets burnt by flaky economy Retail Shares in Greggs took a tumble on Thursday morning after “disappointing” sales growth from a subdued economy left investors with little to cheer for. The chain’s total sales in the golden quarter rose 7.4 per cent as it opened 207 new shops in the last 12 months leading to a net gain of 121 new [...]
A matter of loaf and death: How to bake the perfect sourdough December 23, 2025 Standing in silence here at Bread Ahead in Borough Market, awaiting our instructions, you could have heard a pin drop. I am here taking a sourdough masterclass and attempting to breathe life into my creation, not to mention keeping my mother – the flour-and-water starter used to make sourdough – alive. Thankfully, the air here [...]
The history of Christmas dinner, from steamed sheep’s head to traditional turkey December 22, 2025 For me, Christmas is always about indulging, with a slap-up dinner at the heart of things. When most people think Christmas dinner, they think turkey, roast potatoes, Brussel sprouts, parsnips, pigs in blankets, stuffing, gravy, and cranberry sauce. For many, turkey is the centrepiece. December’s favourite dish has come a long way from humble origins [...]
Eating Dave’s Hot Chicken Reaper Tenders – the best of 2025 December 19, 2025 As Dave’s Hot Chicken opens its second branch in Croydon, we revisit this feature in which magazine editor Steve Dinneen attempts to break a UK record for eating the world’s hottest chicken tenders… It did not end well. I feel lightheaded, short of breath and the room has started to spin. Intense waves of heat radiate [...]
The Leaky War: How Rachel Reeves and the OBR came to blows December 4, 2025 Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans. An hour before Reeves stood up in [...]
How to keep the wheels on private rail? Bring back first class service December 4, 2025 The era of rail renationalisation is an opportunity for the remaining open access operators to compete with a luxury offering, says Simon Hunt Amid all the Budget chaos last week, one big government announcement was drowned out: the transport department is freezing rail fares. Most commuters would gladly favour a freeze over a repeat of [...]
Paddington musical review: the bear’s a bit clunky, but the show is warm and fuzzy November 30, 2025 Paddington musical review and star rating: ★★★★ It feels like a fairly strange point in history when The Guardian “exclusively reveal” Paddington bear, transplanted from Michael Bond’s novels to the Savoy Theatre. Such has been the enormous hype around this musical, which has been shrouded in secrecy for seven years during production but has finally [...]
Budget whiplash: How bank shares were hit by the Treasury’s ‘hokey cokey’ leaking November 25, 2025 Last week the House of Commons speaker reprimanded the Treasury for what he called a “hokey cokey” Budget. “Can I just say it isn’t normal for a Budget to be put in the press,” Sir Lindsay Hoyle said in his dressing down of ministers. “One minute it’s in, next minute it’s out.” Few sectors have [...]