Construction firms are ‘lagging behind’ as confidence plummets September 4, 2025 Construction firms are struggling to kick back into growth, fresh data has suggested, as more bosses are becoming worried about a bleaker future ahead. The Labour government is pinning hopes on a revival of the construction sector to build 1.5m homes by 2030. However, a new survey has raised doubts about whether Labour can achieve [...]
British billionaire trader offers interns £26k a month September 4, 2025 A billionaire trader has said interns at his trading empire would be paid $35,000 (£26,000) as firms fight to snap up the best tech talent. Alex Gerko, boss of XTX Markets, is offering postgraduates a 12 to 14-week research internship where they could pocket between $105,000 and $122,500. The position, a role commanding four days [...]
Revolut deepens Google Cloud partnership amid ambitious growth plans September 4, 2025 Revolut has announced an expanded partnership with Google Cloud, aiming to scale its services to over 100m customers while enhancing product innovation through AI and machine learning. The fintech giant, which currently serves over 60 million users globally, will leverage Google’s infrastructure to improve back-end operations, fraud detection, and personalised customer experiences. Revolut will harness [...]
Squash riding Olympic wave as stars return to London for Classic September 4, 2025 The world’s best players are at Alexandra Palace this week as it stages the annual London Squash Classic. A packed house at the historic venue has been watching the sport’s leading names battle it out as squash is enjoying unprecedented momentum ahead of a long-awaited Olympic debut at the LA 2028 Games. London’s Georgina Kennedy, [...]
How procurement teams are responding to a complex risk environment September 4, 2025 With supply chain disruption, rising prices and pressure to meet ESG and CSR aspirations, it’s more important than ever that organisations have control over how they spend budgets Procurement isn’t what it used to be. Once a behind-the-scenes function focused on reducing costs is now turning into a strategic powerhouse shaping how businesses respond to [...]
London Broncos set for takeover led by NRL legend Darren Lockyer September 4, 2025 Brisbane Broncos rugby league legend Darren Lockyer has emerged as the face of a consortium looking to take over Super League hopefuls London Broncos. Seen as one of the best rugby league players of all time, the NRL stalwart is set to lead a takeover of the Championship club in an investment boost for rugby [...]
Lloyd’s of London BluePrint Two delayed, again September 4, 2025 The world’s leading insurance and reinsurance market, Lloyd’s of London, has delayed the rollout of its strategy to digitalise the market for the fourth time. Blueprint Two was launched six years ago, labelled an “ambitious strategy” by the market. The programme was pitched as delivering a “profound” change in the market through digitalisation. Lloyd’s, together [...]
Butlin’s boss reveals where possible new UK site could be September 4, 2025 The chief executive of Butlin’s has revealed where in the UK the holiday resort chain could open a new site in the future. Jon Hendry Pickup, speaking on a new episode of City AM‘s Boardroom Uncovered show, said expanding beyond the company’s current three locations “would definitely” be something it would be interested in pursuing [...]
Investors flee equity funds as valuation concerns grow September 4, 2025 Equity funds experienced their worst month of outflows since August 2022 in August, as investors shifted their cash into bonds. UK investors withdrew a staggering £1.3bn from equity funds, following a withdrawal of £1.13bn in July, according to data from funds group Calastone. Edward Glyn, head of global markets at Calastone said, “This summer, stock [...]
Currys kicks off year with strong sales despite high street pressures September 4, 2025 Currys has reported a robust start to its new financial year, with sales growth across the UK, Ireland and Nordics, and a £50m share buyback programme as the electricals retailer looks to reward shareholders. In a trading update for the 17 weeks to 30 August, the FTSE 250 firm said UK & Ireland like-for-like revenue [...]