Phone Marking Sessions Helping Combat Mobile Theft June 4, 2025 Five City Business Improvement Districts and City Business Partnership have partnered with the City of London Police to run free phone marking events to help combat the increase in mobile phone theft. To make stolen phones traceable and strengthen the criminal case against thieves when arrested, these discreet and unique stickers help police to quickly [...]
Thames Water mess could soon swamp ministers – and taxpayers June 4, 2025 Water takes the path of least resistance, and so – on this occasion as least – does private equity. Apparently deterred by the increasingly hostile political and regulatory environment KKR, the US giant which secured ‘preferred bidder status’ for a takeover of Thames Water, pulled the plug on its £4bn investment over the weekend. They [...]
Westminster is dancing to Nigel Farage’s tune June 4, 2025 Whether it’s Keir Starmer’s welfare U-turns or Robert Jenrick’s viral videos, parties of the left and right are scrabbling to respond to Farage’s Reform onslaught, says Emma Revell Spending time away from the office when you work in Westminster is a strange experience. Either you keep watching the news and doomscrolling on social media, in [...]
Tommy Hilfiger joins Formula 1 grid with Cadillac June 4, 2025 The newest team to the Formula 1 grid, Cadillac, have announced Tommy Hilfiger as a major partner. The Regent Street clothing brand has been synonymous with the Mercedes Formula 1 team but will join the American outfit ahead of their first season on the grid. The deal for the American apparel brand founded by its [...]
British Steel braces for fresh Trump tariff blow June 3, 2025 The British steel industry is gearing up for the hammer blow of fresh US tariffs after Downing Street could not confirm that steelmakers would be exempt from the levies. The UK government unveiled a trade deal with the US last month, under which metal exports would be exempted from punitive tariffs. But negotiations on the [...]
Thames Water: What next after KKR walks? June 3, 2025 Thames Water was dealt a crushing blow this morning after its preferred bidder, the US private equity giant KKR, abruptly withdrew from its pursuit of the embattled utility. The decision leaves the UK’s largest water supplier without a buyer and puts it back on the brink of administration. It follows just a week after it [...]
Monzo: The rockstar fintech setting the City abuzz June 3, 2025 Monzo has dominated City chatter in recent months with its hotly anticipated IPO, and now the fintech unicorn’s latest financial results indicate the talk is only going to get louder. The UK fintech veteran broke another milestone in the last 12 months after topping £1bn in annual revenue. Behind the surge in takings was a [...]
Toast the City: Galvin La Chapelle brothers on Michelin success and 20 years in business May 31, 2025 In a new series celebrating the people and places nominated for our Toast the City awards, Adam Bloodworth visits Galvin La Chapelle, a Michelin starred restaurant in a Victorian chapel in the Square Mile Half of all restaurants that open in London close within two years. It’s a bleak truth, and yet the upside is that [...]
Nvidia smashes forecasts – but China trade drag looms large May 29, 2025 Nvidia once again beat Wall Street’s lofty expectations last night, reporting nearly $44.1bn in revenue in its first quarter – a staggering 69 per cent jump year on year. But despite a positive set of numbers and a surge in data centre sales, there are still warning lights blinking on the AI chip giant’s dashboard. [...]
How capitalism will conquer space May 29, 2025 The world’s first trillionaire will be the head of a space-based business, predicts Rainer Zitelmann Space is the most undervalued industry in the world. It is particularly unappreciated in Europe, which has now fallen hopelessly behind the United States and China. The US carried out 153 launches last year, China 68 and Europe three. The [...]