Motor finance, Madoff fraud, tax fears – bank shares defy the noise October 31, 2025 A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent this month and is up 17 per cent for the [...]
New Principality Stadium naming rights deal ‘challenging’, says former negotiator October 30, 2025 The timing of a new deal for the naming rights of Cardiff’s Principality Stadium has been described as “challenging for Welsh rugby” given the state of the game across the River Severn. The 73,931-capacity stadium on the banks of the Taff is the fourth largest in the UK and plays host to the Wales rugby [...]
Abu Dhabi sets sights New York, London and Singapore October 30, 2025 Over the last decade, Abu Dhabi has attracted more than 300 financial firms, with a combined $28.6 trillion in assets globally, as the city positions itself as a global “capital of capital.” ADGM, Abu Dhabi’s international financial centre, revealed it has experienced rapid growth from financial firms over the last three years, increasing from 131 [...]
The Line of Beauty at the Almeida review: Horny and exceedingly fabulous October 30, 2025 The Line of Beauty at the Almeida review and star rating: ★★★★ Alan Hollinghurst’s The Line of Beauty is considered alongside The Normal Heart and Angels in America to be one of the seminal queer texts confronting the AIDS pandemic. It won the Man Booker Prize in 2004 but is more interested in queer hedonism [...]
Deliveroo and Darktrace top UK exits amid IPO draught October 30, 2025 Deliveroo and Darktrace have been named among the UK’s most successful tech exits in the latest ‘Founders Forum UK exit 50 report’, as the country faces ongoing challenges in retaining its high-growth firms. Founders Forum’s annual list, compiled with Tech Nation and HSBC Innovation Banking, ranks the 50 UK tech companies that have navigated scale-up [...]
Reeves may be forced to pay back £38,000 in rent after breach of housing rules October 30, 2025 Rachel Reeves may be forced to pay back tens of thousands in rent to her tenants after leasing her Southwark home without a license. Southwark’s rules on housing allow tenants to claim up to 12 months of rent if they’re a tenant of an unlicensed property. Given that Reeves has been renting out her £3,200-a-month [...]
Exclusive: The Old Vic reveals first new performance space in 207 years October 30, 2025 The Old Vic’s co-CEO Laura Stevenson talks to City AM about the theatre’s new ‘Backstage’ development, which includes a new 100-seater theatre, and cafe and restaurant Photo of Laura by Jonny Ruff In The Old Vic theatre’s new 100-seater performance space, modern lighting rigs are fitted inches from wooden ceiling rafters dating back to the [...]
Shawbrook shares jump in biggest City IPO debut of the year October 30, 2025 Shares in specialist lender Shawbrook soared in early trading after the firm made its IPO debut in the City. The bank’s stock was up over six per cent in early trading to 393.43p. Shawbrook kicked off its London Stock Exchange float targeting a valuation just shy of £2bn with a listing price of 370p. “We [...]
Super-rich ditch London mansions for flats, developer says October 30, 2025 London’s super-rich are swapping mansions for pieds-à-terre as they seek to wind down their presence in the UK or exit altogether, one of the top developers in the capital has said. Alex Michelin, co-founder of Valouran, said many high net worth individuals (HNWIs) remained attracted to London but were scaling down their property investment to [...]
New 1,200-home neighbourhood unveiled in Elizabeth Line-linked Southall October 30, 2025 A new 1,200-home neighbourhood has been unveiled in Southall as the city continues to expand out along the Elizabeth line. Quarter Yards will deliver 1,273 new homes and over 105,000 sq ft of commercial space. Marcus Blake, managing director at one of the developers, St George, said he has seen “strong demand” for housing in [...]