After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
FTSE 100 giant ICG bulks up as demand for alternatives grows July 16, 2025 Global alternative asset manager Intermediate Capital Group (ICG) experienced a strong first quarter of its 2025 financial year, as investor appetite for private equity-style returns continued to grow. The London-listed firm raised $3.4bn (£2.5bn) in the three months to June 30. This was led by ICG’s Europe IX fund, which targets mid-caps across the region, [...]
Booktok boosts Bloomsbury again as Sarah J Mass tops bestseller lists July 16, 2025 Bloomsbury has been buoyed by the success of its fantasy-romance list as online discourse fuels mass interest in the books. Sarah J Maas topped bestseller lists again this year with the paperback launch of House of Flame and Shadow in June, following global success with the previous two books in the series. She has now sold [...]
Pressure on Bank of England and Reeves as inflation spikes July 16, 2025 The UK economy is at risk of ‘stagflation’ after official data revealed that inflation edged up to 3.6 per cent in June, putting further interest rate cuts by the Bank of England at risk. In the latest set of price growth data before the next monetary policy decision in August, the Office for National Statistics (ONS) reported that [...]
Chelsea’s Club World Cup winners’ prize? A £10m US tax bill July 16, 2025 Chelsea will be hit with a US tax bill of around £10m as a result of winning the Club World Cup on Sunday. The stunning 3-0 win over Paris Saint-Germain in New York last weekend ensured Chelsea will receive £85m in prize money from competition organiser Fifa. Some £39.7m is to be paid immediately and [...]
‘Golden opportunity’ for European equities, says CEO of stock exchange SIX July 16, 2025 Europe must seize a “golden opportunity” for the revival of its capital markets, the boss of one of the continent’s biggest stock exchange businesses has said, as he called for stronger retail participation in equities to keep pace with the US. Six CEO Bjorn Sibbern, who earlier this month completed the £225m takeover of London-based [...]
Mansion House reforms will make London the destination of choice for financial services July 16, 2025 The Chancellor’s Mansion House speech sets out a new strategy to cut bureaucracy in the UK’s financial services sector, aiming to drive investment, support businesses and savers, and restore the country’s status as a global financial leader, says Emma Reynolds For too long, our most promising businesses have been held back by a system that [...]
Wimbledon is a reminder that, in business, you need a good coach July 16, 2025 In tennis, coaches and mentors are big part of the game – and they should be part of yours too, says Richard Harpin The All England Club rarely alters the hallowed traditions of the Wimbledon Tennis Championships but this year saw two big changes. I’m not sure if the first – replacing line judges with [...]
Housebuilding targets are one thing, but we need mortgage reform too July 16, 2025 Increasing the supply of new homes won’t make homeownership more affordable by itself – we need new kinds of mortgages too, says James Browne The government’s planning reforms that aim to increase the housing stock by 1.5m homes by the end of the parliament are a welcome step towards addressing Britain’s housing crisis. But supply [...]
City raises a glass to Reeves’ reforms July 16, 2025 The City may have been a bit damp and grey yesterday but the Chancellor appeared as a welcome ray of sunshine. At City AM, we haven’t held back in our criticism of this government’s economic policies – and we’ll return to that theme before long, I’m sure – but we also believe in giving credit [...]
How artisan mezcal brand Zacal is hoping to storm the UK’s alcohol market July 16, 2025 If you’ve been to a London bar recently, chances are you’ve seen a mezcal margarita on the menu. Having already found popularity in the US, the once-small market is rapidly expanding into the UK, helped by a shift towards ‘less but better’ consumption. Zacal is one of the brands hoping to make the most of [...]