Wise co-founders clash over New York listing plans July 21, 2025 A plan to move Wise’s primary listing from London to New York has been thrown into doubt after one of the firm’s co-founders urged shareholders to vote against the move. Taavet Hinrikus, who served as chief executive of the London fintech from its founding in 2011 until 2017, warned he was “deeply troubled” over the [...]
Wimbledon’s £200m expansion green-lit by High Court July 21, 2025 A legal challenge to stop a £200m plan to almost triple the size of Wimbledon tennis club has been dismissed by a High Court judge
Thameslink boss steps down after less than two years July 21, 2025 The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]
Mikel Arteta defends Arsenal over Thomas Partey handling July 21, 2025 Arsenal manager Mikel Arteta is “100 per cent” confident that the club followed the right process around Thomas Partey, following the player’s arrest on suspicion of rape and sexual assault. Speaking on the club’s pre-season tour to Asia, Arteta addressed the situation for the first time since Partey was charged this month, days after his [...]
Natwest and Lloyds: What to expect from FTSE 100 bank earnings next week July 21, 2025 The FTSE 100’s banking titans, Natwest, Barclays, Lloyds and HSBC are gearing up for what promises to be an interesting half-year reporting season. Lloyds and Natwest will kick off earnings on July 24 and July 25 followed by peers Barclays, HSBC and Standard Chartered the following week. The first quarter was defined by President Donald Trump’s [...]
Why are London house prices falling? July 21, 2025 House prices in London have fallen this month as higher taxes hit both domestic first-time buyers and international non-doms. Inner London prices fell by 2.1 per cent in July month on month, according to Rightmove’s latest house price index, while overall prices in the capital fell by 1.5 per cent. Rightmove noted that April’s increase [...]
Flexjet: Private jet giant valued at $4bn after mega funding round July 21, 2025 Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]
London Waterloo: Disruption after major signalling failure July 21, 2025 A major signalling failure at London Waterloo has caused severe disruption, with trains unable to use 14 platforms at the station, according to a rail company. South Western Railway (SWR) asked customers not to travel on its services on Monday morning in a statement posted on social media. Passengers have been told that they will [...]
Brit Awards in the red ahead of Manchester move July 21, 2025 The company behind the Brit Awards has fallen into the red ahead of moving the annual event out of London for the first time in its history. Brit Awards Limited has reported a pre-tax loss of £12,653 for 2024, new accounts filed with Companies House have confirmed. The loss comes after the business made a [...]
Planning permissions for home improvements falls to lowest level in a decade July 21, 2025 Planning permissions for home renovations has plummeted as the low consumer confidence permeates the construction industry. Consents for developments in England totalled 151,177 in the 12 months to March, 27 per cent below the 10-year average, according to data from Savills. This is despite a 24 per cent uplift in housing transactions as buyers rushed [...]