After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Babcock shares soar as FTSE 100 giant hails ‘new era’ for defence June 25, 2025 Engineering giant Babcock posted a jump in profit for the latest financial year as the firm’s boss hailed a “new era for defence”. The FTSE 100 company – which plays a significant role in supporting the UK’s nuclear submarine program – recorded an 11 per cent increase in revenue to £4.8bn. Meanwhile, operating profit surged [...]
London Spirit: Tech titans eye speedy Hundred deal to beat Trump tax rises June 25, 2025 English cricket is set to be an unlikely beneficiary of US President Donald Trump’s tax changes, with the so-called “tech titans” who are buying into London Spirit eager to complete the transaction before the One Big Beautiful Bill Act is rubber-stamped by Congress. One clause of the Republic-sponsored bill, now with the Senate having been [...]
Ring-fencing row puts Reeves in midst of Bank of England and City June 25, 2025 Rachel Reeves has found herself in the crosshairs of City chiefs and the Bank of England as she weighs whether to scrap ring-fencing rules. The Chancellor is facing pressure to rip up the rules imposed on British lenders after top banking chiefs branded the system “redundant”. Reeves said she is “open-minded” to ditching the 15-year-old [...]
Net zero levy cuts are just tinkering at the edges June 25, 2025 The Industrial Strategy contains bold ambitions for cutting energy prices. Yet, for all the glossy presentation, the underlying thinking remains the same: a conviction that Whitehall can shape markets more effectively than the market itself, says Emmanuel Igwe We have learned through history that real progress emerges not from the bureaucratic designs of government but [...]
James Reed: UK jobs market is among worst I’ve ever seen June 25, 2025 After 35 consecutive months of decline, the UK jobs market is unlike anything in the past few decades, writes James Reed.
Driverless taxis will make black cabs extinct – and that’s no bad thing June 25, 2025 The imminent advent of ‘robo taxis’ may well be the final nail in the coffin of the London cab trade, suggests James Ford By all accounts, a London cabbie’s lot is not a happy one. You may get to drive around the capital in one of the great transport icons (the black cab is up [...]
FCA reviewing bank risk appetite to boost home ownership June 24, 2025 The Financial Conduct Authority has said it will review lenders’ risk-taking in its bid to boost home ownership. The City watchdog said it was seeking a “public conversation” on the “future of the mortgage market” as it looks to support economic growth through an overhaul on mortgage rules. An update to “responding lending rules” was [...]
Falling wage growth could usher interest rate cuts, Andrew Bailey suggests June 24, 2025 Bank of England Governor Andrew Bailey suggested interest rate cuts would be warranted as pay growth was set to decline in the coming months.
Thieves go Wireless: Pickpockets eye headliner British festivals June 24, 2025 As UK festival season rolls around, new data reveals a less-celebrated chart-topper: phone theft. London’s biggest music events – including Wireless, BST Hyde Park, and Summertime Ball – have been ranked the worst in the country for festival pickpocketing, with theft rates more than five times the national average. The research, conducted by QR Code [...]
Law Society calls on government to launch free AI legal tool June 24, 2025 To help people understand their legal issues the government was called on to create a free AI tool similar to NHS 111, to restore trust in the justice system