Shawbrook expands loan book ahead of mooted London float August 7, 2025 Specialist lender Shawbrook expanded its loan book in the first half of the year helping profit soar. The bank – which is owned by private equity firm Pollen Street Capital – recorded a 35 per cent jump in profit before tax to £168.6m as its loan book grew 14 per cent to £17bn. Deposits were [...]
Exclusive: British Basketball Federation defends deadline extension for GBBL August 7, 2025 The British Basketball Federation says it was “entirely appropriate” to extend the deadline for GBBL, the company which will take over the licence to run the top-tier league next year, to prove it had the guaranteed capital required. GBBL, fronted by former NBA executive Marshall Glickman, was originally mandated to demonstrate it had £15.5m in [...]
Deliveroo: Earnings shoot up ahead of Doordash acquisition August 7, 2025 Deliveroo has announced a boost to its earnings driven by a ‘more resilient than expected’ consumer, although profit has taken a hit ahead of its acquisition by American delivery giant Doordash. Revenue rose nine per cent in the six months ended June 30, with orders up eight per cent, Deliveroo told markets this morning. Order [...]
Could this be Britain’s most expensive shed? August 7, 2025 As we report today, there’s been a nationwide downturn in construction. The issue is especially acute in London – the place housing is needed most – where the number of new home starts is hurtling towards zero. At this rate, there is just no way the government will meet its target of building 1.5m new [...]
‘My boss knew I’d leave Freshfields from my first week in’: Nnamdi Emelifeonwu on setting up legal tech firm Definely August 7, 2025 Freshfields lawyer Nnamdi Emelifeonwu left law to set up legal tech firm Definely. He takes us through his career in Square Mile and Me.
One bad apple: The rise of partner vetting at law firms August 7, 2025 In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line
Oxford Street’s new phone theft warnings are utterly depressing August 7, 2025 When demand emerges, the market will provide a solution and the internet is now awash with anti phone theft devices. Basic wrist straps are available on Amazon for a couple of quid, with more robust ‘retractable phone security tethers’ on offer for around £30. You can even get a body-worn strap system that looks like [...]
Give me liberty or give me death? Americans choose both August 7, 2025 Americans’ obsession with customisation and convenience is killing them, says Lewis Liu A few months ago, I went partying with a bunch of Gen Z Silicon Valley tech bros. This was perhaps not the best idea for a nearly 40-year-old dad, but my 10-year-younger brother was back in New York from Stanford for a few [...]
When it comes to Sadiq Khan, we all agree with Donald Trump – right? August 7, 2025 President Trump insulting Sadiq Khan comes as no surprise. That no one rushed to defend him is much more revealing, argues James Ford We should be in the midst of a lively public discourse about Sadiq Khan’s character, intellect and performance. Ordinarily, if the leader of the free world claimed that the mayor of the [...]
London pub scene ‘showing real resilience’ despite soaring costs August 7, 2025 The number of pubs in London has barely budged in the last decade despite heavy pressure on the capital’s hospitality scene. There are 3,523 pubs in the capital, only 10 fewer than in 2023 and just under the 3,530 venues recorded in 2017, according to data from the ONS. “The data shows it’s far from [...]