Reeves to cut cash Isa allowance June 30, 2025 Rachel Reeves is poised to unveil a cut to the tax-free cash Isa allowance in a bid to encourage British savers to invest in London-listed firms and breathe life into the UK’s ailing capital markets. According to the FT, the Chancellor will use her upcoming Mansion House speech to announce a lowering of the current [...]
Vodafone and Virgin Media O2 strike £343m deal June 30, 2025 Vodafone has received a boots worth £343m from Virgin Media O2 just a few weeks after its mega merger with Three was finally approved. Virgin Media O2 has agreed to pay £343m for a tranche of mobile spectrum from Vodafone UK in a deal which is hoped will help shore up its network capacity amid [...]
Ex LSEG boss slams London stock market ‘gimmicks’ June 29, 2025 The London Stock Exchange Group (LSEG)’s former boss Xavier Rolet has blasted stewards of UK capital markets for focussing on “gimmicks and quick headline-grabbing fixes” to liquidity levels. Officials at the London Stock Exchange and at the Treasury have mooted possible reforms to savings as part of a bid to revive capital markets. London Stock [...]
Women’s football: Why brand is key to building on Lionesses’ success June 27, 2025 With the Women’s Euros approaching the spotlight is bright on the Lionesses, and domestic clubs will be looking to capitalise on the momentum of the tournament by converting national fans into home team supporters. This is where brand comes in. Crucial for building greater connections, a sense of belonging and loyalty, and for attracting the [...]
What happened to River Island? June 26, 2025 River Island is suffering from a common affliction. Declining sales and an inability to keep up with competition have led to a restructuring plan, with imminent store closures if the strategy goes ahead. High-street peers like Miss Selfridge, Dorothy Perkins and Debenhams have already disappeared and become online-only – River Island is just the “latest [...]
A new Rolex store opens in London and Patek unveils a GMT June 26, 2025 From a sumptuous new Patek to a new London home for Rolex, we bring you the latest from the world of watches. Patek Philippe Calatrava Pilot Travel Time A gorgeous ivory-lacquered dial, seamlessly blending a ‘GMT’ travel feature, driven by a sumptuously hand-finished movement you can admire through the back. So far so Patek Philippe. [...]
Sandwich or Confectionery? M&S strawberry sandwich raises VAT questions June 26, 2025 M&S has jumped on the bandwagon of the viral Japanese strawberry sando by launching its own, but the treat has raised the old familiar question about VAT
Are the wheels falling off the Bitcoin treasury play? June 26, 2025 What do a London-listed web designer, a spinal health researcher and a metals miner all have in common? Hint: They also have this in common with an AI-powered business consultancy and a Utah-based oil and gas producer. Figured it out? The answer: In the past few days, they have all adopted what they call a [...]
Retail is now the most distressed sector in Europe June 26, 2025 Distress in the retail and consumer goods sector has reached its highest level since the financial crisis as geopolitical and economic volatility continue to erode businesses. The downturn has been driven by a combination of high interest rates, cost inflation and low consumer demand, with the latter a particular strain on UK businesses, according to [...]
City sends an SOS to fix London markets ‘before it’s too late’ June 26, 2025 Fears over the health of the City’s stock market have been laid bare after trading platform IG became the latest firm to sound the alarm over the “crisis unfolding” on the London bourse. The FTSE 250 firm has launched a “Save our Stock market” initiative – aptly dubbed the SOS campaign – which serves as [...]