Quooker: Labour’s policies are hitting our growth May 12, 2025 The boss of instant hot water tap brand Quooker has branded the Labour government “less helpful than helpful” as its decisions are dampening confidence and curtailing investment. UK managing director Stephen Johnson has revealed that rising costs, low consumer confidence and a shrinking kitchen market are making expansion increasingly difficult despite Quooker seeing another 10 [...]
O2 Arena owners: Lions announcement future of sport in London May 12, 2025 Last Thursday nearly 2,000 people packed their way into Indigo at the O2 as the squad for the British and Irish Lions tour to Australia was announced. It’s not the first time this kind of event has taken place. At the same site, albeit the larger O2 Arena, earlier this year Formula 1 hosted its [...]
Augmentum leads fundraise for Peel Hunt-backed Retailbook May 12, 2025 Investment platform Retailbook has secured a £4.5m fundraise as the Peel Hunt-backed firm attempts to survive a lacklustre spell for the UK’s capital markets. The business, which helps retail investors get access to share issues normally reserved for institutional investors, has seen investors such as Augmentum Fintech join its list of shareholders. Previous investors in [...]
UK-US deal is welcome, but Starmer must get on with the EU May 12, 2025 Our deals with the US and India reaffirm the UK's role as a trading superpower, but it's the EU we need to focus on, writes Chris Hayward.
Investors pin hopes on Burberry’s recovery amid China and US trade upheaval May 11, 2025 Investors are hoping Burberry can restore confidence in its turnaround efforts, as the brand weathers major trade disruption in China and the US and an under-pressure luxury market.
Work to recover Mike Lynch’s sunken superyacht paused after diver’s death May 10, 2025 Work to recover tech tycoon Mike Lynch’s sunken superyacht in Sicily has paused after a diver died. The man, believed to be a diver for Dutch firm SMIT Salvage, died during underwater work on Friday and an investigation will look into what happened. The vessel Bayesian was due to be raised from the seabed within [...]
Rachel Reeves plans ISA review May 10, 2025 Chancellor Rachel Reeves is planning to launch a review of the ISA market in the coming weeks amid City calls to cap the amount that can be held tax-free in cash. The Treasury will kick-off a consultation to get a feel for views across the City of London on how to reform the ISA regime, [...]
Monzo brings in bankers to advise on £6bn float May 10, 2025 Monzo is close to hiring investment bankers to spearhead a blockbuster public listing valued at more than £6bn. The digital challenger bank is working with the Wall Street bank Morgan Stanley on a series of meetings with would-be investors ahead of an IPO that could take place early next year, according to Sky News. Sources [...]
Greater Anglia to be nationalised in October May 10, 2025 Greater Anglia is set to be nationalised later this year, it has been confirmed. The rail operator, which runs services to the East of England and into London, said it would be brought into public ownership on October 12. Martin Beable, Greater Anglia’s managing director, said management “remain focused” on delivering services ahead of the [...]
Europa League final: Tottenham and Man United fans face price gouging May 10, 2025 Tottenham Hotspur and Manchester United fans keen to attend the Europa League final later this month face eye-watering flight, match ticket and hotel costs. All remaining seats on direct return flights from London or Manchester to Bilbao, where the final will take place on 21 May, now cost more than £1,000. Regular tickets for the [...]