Mark Kleinman: Poundland buyer bargains on a revival June 19, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Poundland buyer bargains on a revival Anyone for a bargain? Buying a chain of pound shops for a price lower than that of the goods it sells must feel like a pretty appealing deal for Gordon [...]
Smart data is a £27.8bn opportunity for the UK June 19, 2025 The launch of the Smart Data Group marks a pivotal moment in unlocking the UK’s data-driven growth, turning trusted data-sharing into a £27.8bn engine for innovation, competition, and empowered consumers, says Paul Scully The UK’s competitive edge depends on its ability to innovate. Just last week, at London Tech week, Nvidia CEO Jensen Huang described [...]
London food scene says farewell to Richard Vines at Quaglino’s June 18, 2025 On Tuesday evening the great and good of the London restaurant world gathered at Quaglino’s to celebrate the life of food writer Richard Vines, who died earlier this year. Vines was the restaurant critic for Bloomberg for 26 years until his retirement in 2021. Known for his natty sense of style – paisley shirts and [...]
Labour’s National Wealth Fund a misnomer, MPs told June 18, 2025 Labour’s National Wealth Fund faced renewed calls for clarity on Wednesday as the Treasury Committee continued its inquiry into the government’s new body. The government’s rebrand of the National Wealth Fund (NWF) from the UK Infrastructure Bank (UKIB) in October 2024 has raised questions amid confusion of the two bodies’ remits. Academics and think tank [...]
Juan Mata joins Mercury 13 women’s football investment group June 18, 2025 World Cup-winning former Spain, Manchester United and Chelsea star Juan Mata has become a key investor in women’s football investment group Mercury 13. The female-led group, which owns FC Como Women, has previously pledged to spend $100m on buying stakes in teams in each of the major leagues in Europe. Mata, now with Western Sydney [...]
HS2: Transport secretary confirms two-year delay after ‘shambolic mess’ June 18, 2025 Transport secretary Heidi Alexander has confirmed that HS2 will be delayed by at least two years, slamming previous handling of the project as an “appalling” and “shambolic mess”. The embattled high-speed rail link will be pushed back beyond 2033 following a “litany of failures” outlined in two reports by HS2 boss Mark Wild and KPMG’s [...]
Danish bakery Ole & Steen brews up success with buns on demand June 18, 2025 International bakery Ole & Steen has reported a double-digit uplift in sales, boosted by online deliveries to business and consumers. Turnover grew five per cent last year after a strategy revamp, with revenue increasing to £36m from £34m in 2023. UK managing director Graham Hollinshead said the company has “firmly re-established [its] position as London’s [...]
Microsoft: AI could redefine London’s 9-to-5 June 18, 2025 The age of the 9-5 workday may be over for London businesses, and artificial intelligence may be speeding up its demise. AI, email overload, and round-the-clock digital connectivity have upturned the rhythms of the modern workday, revealed Microsoft’s latest work trend index. But far from ushering in a smarter, more flexible future of work, the [...]
TACO investors: Don’t bet too much on Trump-always-chickens-out trade June 18, 2025 Investors betting on Trump climbing down may be too optimistic, writes Hargreaves Lansdown's Susannah Streeter in today's Notebook.
House prices slump in April: ‘Supply is beginning to outweigh demand’ June 18, 2025 UK house prices fell in April as affordability issues constrain demand following the end of the stamp duty holiday in March. House prices fell 2.7 per cent month on month in April, according to the Office for National Statistics (ONS). Prices increased by 3.5 per cent to £265,000 in the 12 months to April 2025, [...]