What3words: Losses slashed as jobs cut and sales double April 22, 2025 What3words shed jobs and significantly cut its pre-tax loss as sales more than doubled in 2024, it has been revealed. The London-headquartered tech business, which is backed by ITV, Mercedes-Benz and former F1 champion Nico Rosberg, has reported a pre-tax loss of £10.6m for its latest financial year, down from the £16.4m it posted for 2023. New accounts filed with [...]
ITM Power: Shares in green hydrogen specialist skyrocket April 22, 2025 Shares in ITM Power soared on Tuesday after the green hydrogen specialist hiked full-year guidance for revenue and cash generation. The London-listed firm said it expects annual revenue of between £25.5m and £26.5m, a 30 per cent increase on its prior forecast of £18m and £22m. It also lifted forecasts for cash generation to between [...]
Scrap the GLA and abolish the Mayor of London April 22, 2025 25 years after Tony Blair created them, it’s time to admit that the Mayor and the GLA have fundamentally failed to deliver better transport, better policing and a credible growth agenda for London, says Tony Lodge Londoners have spent the last month nervously opening their council tax bills. Readers will know it is a relatively [...]
The Notebook: Investors should look to Ukraine April 22, 2025 European capital is flowing into Ukraine’s recovery — and early investors willing to navigate the risks stand to reap the rewards, says Michael Martins I was in Brussels a little over a week ago for the European and Ukrainian business summit, supporting clients exploring investment opportunities in Ukraine. I frankly did not know what to [...]
Tariff talks to dominate IMF-World Bank meetings April 21, 2025 Finance ministers are poised to use this week’s International Monetary Fund (IMF) and World Bank’s gathering to strike up trade deals with bilateral partners as uncertainty continues to swirl around Donald Trump’s tariff plan. Senior politicians and economic heavyweights are flocking to Washington for the biannual gathering put on by the two global agencies, with [...]
Renters’ Rights Bill raises ‘significant questions’ for tenants, industry leaders warn April 21, 2025 Industry leaders have expressed concerns about the knock-on effects of the Renters’ Rights Bill, which entered the committee stage on 21 April. The bill, which aims to give renters greater security and stability, will abolish Section 21 ‘no-fault’ evictions, as well as ban landlords accepting offers above the advertised rent and prohibit pre-tenancy rent payments. [...]
Guardiola calls on Man City faithful in race for Champions League April 21, 2025 Pep Guardiola has called on the Manchester City faithful to come out in force on Tuesday as his club look to take a step towards Champions League qualification at the Etihad. The Spaniard’s side have been poor this year, having won the previous four Premier League titles, but remain in the table’s top six. They [...]
Finance bosses bet on London amid US market jitters April 21, 2025 Financial services leaders have banked on London’s growth potential, according to a fresh survey from KPMG, as sentiment sours over the prospects for US financial markets. Over half of the UK’s finance bosses believed the negativity of London’s health as a financial hub was overplayed. KPMG’s latest UK Financial Services Sentiment Survey, which quizzes over [...]
Renewables rollout making UK electricity supply ‘more British’, analysis finds April 21, 2025 The UK’s rollout of wind and solar power over the last decade has made its electricity supply “more British”, with significantly less reliance on imported gas, analysis has found. Last year, just under half of Britain’s electricity supply was powered by foreign energy imports, said researchers at the Energy and Climate Intelligence Unit (ECIU), down [...]
Police appeal for information after statues targeted during trans rights rally April 20, 2025 The metropolitan police has renewed an appeal for information after seven statues were daubed with graffiti during a trans rights protest in central London on Saturday. Parliament square was densely populated with thousands of supporters who gathered for what was billed as an “emergency demonstration” days after a Supreme Court ruling on the definition of [...]