Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
Law firm Pogust Goodhead sued over £2.2m unpaid legal debts May 29, 2025 The law firm behind the landmark case against Anglo-Australian mining firm BHP, Pogust Goodhead, has been sued for £2.2m over alleged unpaid legal bills
AI watchdog slams government over facial recognition rollout May 29, 2025 An artificial intelligence (AI) search body has criticised the UK government for accelerating the deployment of facial recognition technology without first establishing a comprehensive legal framework. The Ada Lovelace Institute has warned the increasing use of live facial recognition (LFR) by police and retailers across the UK is happening in a “legislative void”, raising urgent [...]
50,000 civil service jobs could be cut in Labour spending review May 29, 2025 Civil servants are facing another round of job cuts, with as many as 50,000 civil service jobs on the line in the government’s upcoming spending review. According to reports, ten per cent of civil servants, who number 500,000 in total, will be culled. The civil service swelled after Brexit and the pandemic, with 130,000 added [...]
Easyjet is ‘significantly undervalued,’ says Peel Hunt May 29, 2025 Easyjet shares edged up on Thursday alongside a bullish earnings outlook from Peel Hunt for the year ahead. “We believe Easyjet is significantly undervalued,” analysts at Peel Hunt said in a note, with shares rising around 2.8 per cent by mid-morning. Sustained travel demand has underpinned the budget airline’s growth and is yet to tail [...]
Transport vigilante Jenrick takes on TfL fare dodgers May 29, 2025 Tory MP Rob Jenrick is amping up his public presence amid growing expectations he could displace an unpopular Kemi Badenoch as leader of the Conservatives. Jenrick has launched a transport vigilante campaign where he questions TfL fare dodgers on the London underground. London Mayor Sadiq Khan’s office did not respond to Jenrick’s diatribe. Ex-Reform MP [...]
Premier League Darts final prize money 2025: How much can Littler win? May 29, 2025 Luke Littler will feature at the O2 Arena tonight in the Premier League Darts final as a world champion, as he looks to defend his title. But how much can he win? There were 16 nights of Premier League Darts which began on 6 February in Belfast and travelled across the UK, Ireland and continental [...]
Peel Hunt founder: We’ve stopped taking enough risks in the UK May 29, 2025 We dig into the memory bank of the City’s great and good. Today, Tim Cockroft, founder of Singer Capital Markets and Peel Hunt, tells us about his career in this week’s Square Mile and Me CV What was your first job? Working in a menswear shop in Wokingham, it’s amazing how many people like dark [...]
Barclays and HSBC shares jump after Trump’s legal blow May 29, 2025 Shares in FTSE 100 banking giants rallied on Thursday after President Donald Trump’s tariff agenda was dealt a blow from the courts. Barclays and HSBC climbed over one per cent to 328.05p and 874.50p, while Standard Chartered jumped nearly two per cent to 1,158.00p. This came as the US Court of International Trade declared Trump’s [...]
Avison Young loses over £100m for a second year as more jobs cut May 29, 2025 More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]