Regulator blocks Richard Branson’s bid to bring back Virgin trains July 3, 2025 Richard Branson’s bid to bring Virgin trains back to the UK has suffered a crushing setback following a ruling from the rail regulator. The Office of Rail and Road (ORR) on Thursday said it had rejected applications from Virgin Management and two other companies for track access rights to run services on the West Coast [...]
Watches of Switzerland: Trump tariffs spark hike luxury timepiece prices July 3, 2025 Watches of Switzerland Group (WOSG) has warned scores of its products in America will see price increases due to Trump’s 10 per cent tariff on non-US goods. Its share price fell more than five per cent in early trades. The London-listed company, which sells luxury timepieces from Patek Philippe, Rolex, and Audemars Piguet – amongst [...]
Currys shares soar after retailer posts growth across divisions July 3, 2025 Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the [...]
Gymkhana: World famous Indian restaurant leans into ‘fakeaway’ boom July 3, 2025 For years, the name “Gymkhana” has been synonymous with exquisite, two Michelin-starred Indian dining in London’s upscale Mayfair, a celebrity favourite, reportedly frequented by the likes of Ed Sheeran, Dua Lipa, and the Beckhams. Now, a pioneering venture, Gymkhana Fine Foods, is allowing home cooks to recreate that magic in their own kitchens. Launched in [...]
‘Fair business’ for Aquis stocks to get into crypto, exchange boss says July 3, 2025 The boss of the new owner of Aquis has said it is “fair business” for firms to hold crypto after a wave of the exchange’s constituents adopted Bitcoin treasury policies. Bjorn Sibbern, CEO of stock exchange Six, which this week completed its £225m takeover of Aquis, told City AM: “If we have listed companies that [...]
UK VC investment storms ahead of Europe as AI dominates July 3, 2025 UK venture capital funding stormed ahead of its European peers in the first half of 2025 as the country’s innovation economy remained resilient in the face of wider geopolitical tensions. Total investment topped $8bn (£5.9bn), edging up three per cent from the final six months of 2024. This gave the UK a 30 per share [...]
Business pressures forcing lawyers to become advice jugglers July 3, 2025 British businesses are facing several pressures across the board, forcing them to turn to their lawyers seeking more than just legal advice
‘We welcome Renters’ Rights Bill. It’ll make us up our game’: Goodlord CEO William Reeve July 3, 2025 Bring on the Renters' Rights Bill says Goodlord CEO William Reeve, as he tells us about his career, City highlights and industry changes.
Forget stocks and shares, the history of the City is all about shoes July 3, 2025 Forget stocks and shares, the Square Mile has an illustrious history full of shoes that deserves celebrating, writes Anna Moloney.
Battersea power station lights the way for regenerating our high streets July 3, 2025 Mixed-use development, funded by private capital like Battersea Power Station can bring life back to high streets hammered by Labour’s tax rises, says Jamila Robertson Tomorrow marks the first anniversary of Labour’s landslide victory and their year-long opportunity to attain the growth they promised the electorate. I have written extensively about the damage decisions made [...]