How global market chaos took hold – from Asia, across Europe and into the US April 8, 2025 In what was nothing short of a horror show; global markets endured a volatile day of trading on Monday as Trump doubled down on his tariff agenda. The session began in the Asia-Pacific where, before the UK had even woken up, stock markets plummeted on a scale not seen in decades. In his ‘Liberation Day’ [...]
Private equity will leave London if the government doesn’t listen April 8, 2025 Uncertainty over government plans to change the taxation of carried interest is driving privat equity away from London, says Edwin Richards Last week, some of the world’s biggest private equity firms urged the UK government to dilute proposed changes to the treatment of carried interest. But plenty are left wondering what this means in practice [...]
Exclusive: India players from IPL close to Hundred cricket inclusion April 7, 2025 Senior figures in English cricket are confident that India will release current men’s internationals to play in the Hundred as soon as next year. India’s governing body the BCCI has not permitted their male stars to play in overseas T20 competitions, maintaining their exclusivity to the Indian Premier League. But with four of the eight [...]
Global IPO plans grind to a halt amid tariff uncertainty April 7, 2025 IPOs in the UK and US have been put on hold as markets panic amid uncertainty over the roll-out of US president Donald Trump’s sweeping tariffs. Last week, Buy Now Pay Later company Klarna paused its IPO thanks to the tariffs, after planning to launch on the New York Stock Exchange later this month. Klarna’s [...]
Four interest rate cuts this year pencilled in by markets April 7, 2025 Markets are betting that the Bank of England will make up to four interest rate cuts this year, double what had been predicted in late March. President Trump’s tariffs are set to drag UK growth back by up to one percentage point, according to various forecasters, while their impacts on inflation remain ambiguous, leading investors [...]
Tariffs: Starmer commits to fiscal rules and not raising income tax and VAT April 7, 2025 Sir Keir Starmer has stressed his commitment to the government’s fiscal rules and reiterated he would not increase national insurance, VAT or income tax, despite Donald Trump’s tariffs upending government economic policy. The Prime Minister called for “cool heads” as global markets plunged in response to the US President’s sweeping global import taxes, and said [...]
Barclays goes ‘overweight’ FTSE 100 amid global rout April 7, 2025 Barclays strategists have upgraded their position on the FTSE 100 to ‘overweight’ in the face of the extreme rout of global stocks after Trump’s swingeing global tariffs. Despite suffering its worst two-day trading period since the pandemic, London’s blue-chip index has outperformed its international peers in recent days, falling just under 10 per cent since [...]
The Last Supper: Gordon Warnecke on the perfect jerk chicken April 7, 2025 Star of 1980s movie My Beautiful Laundrette, Gordon Warnecke tells us what he would eat for his last meal on earth My mum wasn’t a very good cook. My first memories of food are of her making quite traditional British stuff. She came over from Guyana in South America, where she was the youngest of five siblings – [...]
I found my private pictures on a foot fetish website… And a theatre celeb’s April 7, 2025 Playwright Naomi Westerman found her private photos on a foot fetish website. Then she found pictures of the most powerful man in theatre… I have no idea how a celebrity foot fetish website found my personal Instagram. Somehow a bunch of random snapshots in which I happen to be shoeless did it for some people. Not [...]
Olivier Awards winner Layton Williams on life after Titanique: ‘I want to be a Strictly Come Dancing judge!’ April 7, 2025 Olivier Awards 2025 winner Layton Williams tells City AM The Magazine about the ridiculousness of being nominated for playing a lump of ice, how he can’t slay everyday now he’s 30, and his hopes to return to Strictly Come Dancing, but this time on the judging panel “I would hope the 20 years I’ve been [...]