Klarna to revive New York IPO attempt as soon as September July 31, 2025 Swedish fintech Klarna is gearing up for a second swing at a public listing in New York after original plans were derailed by the market meltdown following President Donald Trump’s tariff onslaught. The buy now, pay later (BNPL) giant is aiming to launch on the US stock market in September or October if market conditions [...]
A massive burger festival is coming to London – and you can vote for the UK’s best bun July 31, 2025 “London, get ready to loosen your belts,” is the message from the team at Burger Fest UK, taking place at Signature Brew in east London on 13 and 14 September, with dozens of traders showing off what they believe are the UK’s very best pattys in buns. So far, nine revered burger makers have confirmed [...]
Inside incredible new Virgin Atlantic Clubhouse in Los Angeles that sets a new standard July 31, 2025 It was only a matter of time before Virgin Atlantic opened its very own Clubhouse at Los Angeles International Airport. After all, it’s the only airline that can claim its founder, Sir Richard Branson, has his own star on the Hollywood Walk of Fame. I flew through LAX recently and was one of the Clubhouse’s [...]
Another blow to London as Just Group goes to Canadian manager July 31, 2025 The London Stock Exchange lost yet another constituent to foreign ownership on Thursday, after pension insurer Just Group agreed a bumper takeover deal from Canadian asset manager Brookfield Wealth Solutions (BWS). The FTSE 250 firm’s board told markets it had accepted a £2.4bn offer from the North American company in a deal valuing the firm [...]
Rachel Reeves could use bank windfall tax to plug Labour’s U-turns July 31, 2025 Rachel Reeves could launch a fresh tax grab on banks to plug the spending holes left by Labour’s recent U-turns, new analysis has found. The Chancellor is poised to hike taxes in the Autumn Budget after a series of government policy switches eroded her already wafer-thin fiscal headroom of £9.9bn. This comes as fresh research [...]
Investors continue to opt for gold driving global demand July 31, 2025 Global demand for gold shows no sign of slowing down as investors and central banks continue to hoover up the safe haven asset. The precious metal rallied over the first half of the year, recording a 26 per cent rise against the dollar and outperforming almost all other major asset classes, according to the latest [...]
FTSE 100 giants Rolls-Royce and Shell lead City market rally July 31, 2025 A fleet of corporate news helped the FTSE 100 edge up in early trading on Thursday with a number of rallies from the index’s heavyweights. Positive updates from Rolls-Royce and Rentokil helped London’s flagship stock market rise 0.5 per cent to 9.182.34 as markets opened. Rentokil topped the risers with a 11 per cent surge [...]
LSEG shares slip despite dividend rise July 31, 2025 Shares in LSEG slipped by more than two per cent in early morning trade despite the FTSE 100 giant upgrading its earnings forecasts and upping its dividend. The data and analytics business, which also operates the London Stock Exchange, said it had been the beneficiary of an intensifying market appetite for more and more data [...]
Shell: FTSE 100 giant takes profit beat amid weak oil prices July 31, 2025 FTSE 100 juggernaut Shell posted a dramatic hit to earnings in the second quarter amid a volatile period for oil and gas prices. The London-listed oil major recorded $4.26bn (£3.21bn) marking a 32 per cent fall from the second quarter of 2024, where the firm pocketed $6.29bn. But Shell managed to scrape past an LSEG-compiled [...]
Unilever: Ice cream success boosts sales but profit drops July 31, 2025 Unilever has announced a drop in profit amid expensive disposals and unfavourable currency moves. Turnover at the FTSE100 firm, which owns brands like Dove, Colman’s and Persil, was €30.1bn, down 3.2 per cent year on year. Sales rose 3.4 per cent in the first half of the year, helped by a strong performance in Unilever’s [...]