Nvidia hit by US chip curbs as trade war escalates April 16, 2025 Nvidia shares slid sharply on Wednesday after the chip giant revealed that newly tightened US export restrictions on its China-bound AI chips could cost it up to $5.5bn this quarter. The move, part of an escalating series of trade and technology curbs between Washington and Beijing, has rattled markets already on edge over tariff uncertainty [...]
Gold price surges to $3,300 as trust in US bonds collapses April 16, 2025 Gold prices have passed $3,300 for the first time in history as investors flee US government bonds, which were previously viewed as a safe haven. “It seems that fewer countries are trusting the US — and therefore US Treasuries as a ‘safe haven’ asset class,” explained analysts from Invesco. “This has resulted in greater buying [...]
Deliveroo exec: London restaurants can’t take more tax hikes April 8, 2025 London's restaurants can't take more punishing tax hikes, writes Deliveroo's chief business officer Carlo Mocci in today's Notebook.
Eat, drink, sleep, repeat: The best London restaurants April 3, 2025 I feel privileged to have dined in the finest restaurants across the globe, from three star Michelin to ‘50 Best in the world’. My life has been a culinary odyssey which has taken my wife and I from Tokyo to San Francisco, Kuala Lumpur to Peru and everywhere in between. Mirazur, by Mauro Colagrecco in Menton [...]
Greencore: M&S sandwich supplier roars ahead amid takeover battle April 1, 2025 Convenience food manufacturer Greencore told markets this morning that it expects profit to come in ahead of expectations for the second quarter, underpinned by “on-going operational and commercial excellence initiatives and a continued focus on cost control”, it said. Convenience food company Greencore supplies all major supermarkets in the UK, including M&S, with chilled prepared [...]
UBS says buy gold miners Endevour, Barrick and Franco-Nevada March 31, 2025 Gold prices hit a new high of $3,127 (£2,416) earlier today, taking gains over the past week to 3.2 per cent as investors flocked to the safe haven amid increasing concern about the economic risks of US president Donald Trump’s tariffs. However, analysts at UBS have argued that miners, not gold, are the better buy. [...]
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]
Sky to overhaul call centres and cut around 2,000 jobs March 27, 2025 Sky has announced plans to shake up its call centres in a move which will see around 2,000 jobs put at risk of being lost. The media company, which is owned by US media giant Comcast, is looking to close three of its ten call centre sites. Its locations in Stockport, Sheffield and central Leeds [...]
Morrisons looks to save £1bn as sales rise ahead of stores shake-up March 26, 2025 Morrisons has announced an uptick in sales amid a wide-ranging store shake-up plan which will see hundreds of jobs losses. Group like-for-like sales rose 2.1 per cent in the 13 weeks ended 26 January while total sales increased by 2.4 per cent to £4bn over the same period. The Yorkshire-headquartered grocer said it had made [...]
Co-op invests further in lower prices as ‘trolley wars’ beckon March 25, 2025 Co-op Group has invested millions in lower prices as all the grocers gear up to battle for value-seeking customers. The business, which is owned by its 5.5 million members, will invest more than £70m into matching prices with Aldi on 100 everyday essentials for its members. The move will take the co-operative’s investment into lowering [...]