Estate agency Foxtons targets commuter towns in drive for growth June 4, 2025 London’s biggest estate agency, Foxtons, expects ever-rising demand for rental homes in and near the capital to help it double its profit in the medium term. The sales and lettings agency outlined plans to double its profit to £50m over the medium term by acquiring estate agents in commuter towns, integrating AI, and enhancing consumer loyalty. Chief [...]
CAB Payments turns to New York to revive fortunes June 4, 2025 The London fintech behind the “worst IPO of the year” in 2023 is seeking to revive its fortunes with an expansion to New York after it secured a licence to operate in the US. CAB Payments told markets on Wednesday that it has received approvals from the Federal Reserve and The New York State Department [...]
Schroders steps back from City lobbying taskforce June 4, 2025 Schroders has stepped back from a City taskforce lobbying to drive growth in the UK’s capital markets, despite its close ties with the asset manager’s former CEO Peter Harrison. The Capital Markets Industry Taskforce (CMIT), which was established in 2022, is chaired by London Stock Exchange Group CEO Julia Hoggett, and counts Harrison as one [...]
Babcock: FTSE 100 shares double in value to ten-year high June 4, 2025 Shares in Babcock, the FTSE 100 aerospace, defence and nuclear engineering services giant, have rocketed to their highest value since 2015 after doubling in price. The London-listed group has enjoyed a bumper 2025 so far, with its share price rising from just over 500p at the start of January to now be priced at more [...]
UK firms turn to AI and automation as they struggle to find skilled workers June 4, 2025 Nearly three-quarters of British firms are struggling to find talented workers in fears that productivity levels are unlikely to rebound after a bumpy recovery from the pandemic, fresh research has found. Prime Minister Keir Starmer has called on firms to prioritise hiring British workers over sponsoring foreign nationals as part of his plans to boost [...]
B&M: FTSE 250 shares plunge as profit and job cuts revealed June 4, 2025 Shares in B&M have plunged by more than ten per cent after the retailer revealed a lower profit, rising debt and job cuts. The Liverpool-headquartered company, which is a member of the FTSE 250 index, reported a pre-tax profit of £431m for the 12 months to 29 March, 2025, down from the £498m it achieved [...]
Credit Suisse seeks $440m Greensill Capital losses from SoftBank June 4, 2025 Four years after Greensill Capital collapsed, Swiss lender Credit Suisse's $440m legal battle against SoftBank is set for showdown at London's High Court
This new London rooftop bar offers incredible views of the city June 4, 2025 A new London rooftop bar located in Holborn is the latest way to indulge in some sky-high drinking and dining. La-Yam is open now and offers views of St Paul’s, the Shard and the City. The 200-person capacity space is eight floors above Holborn Tube. The rooftop will offer Sunday roasts, DJs on Friday nights [...]
The real reason young Albanians like me are coming to the UK illegally June 4, 2025 Growing up in Kukes in northern Albania, one of the poorest places in Europe, Gezim Hilaj watched as most of the young people he knew crossed to the UK in small boats. Here he argues that Keir Starmer’s return hubs won’t stop more Albanians doing the same In 2019, while I was studying hard to [...]
Spending Review: Athletes urge Starmer and Reeves to back London 2029 bid June 4, 2025 Keely Hodgkinson, Sir Mo Farah and Dame Jessica Ennis-Hill are among more than 100 athletes who have urged the government to back London’s bid to host the 2029 World Athletics Championships in its Spending Review. The plea for funding, in an open letter addressed to Prime Minister Sir Keir Starmer, comes ahead of Chancellor Rachel [...]