Labour’s Mansion House will be lift-off or letdown for banks July 9, 2025 Britain’s banking sector will be keeping a close eye on Rachel Reeves’ Mansion House speech on July 15 in which the Chancellor will lay out Labour’s roadmap for financial services. Banks are set to take centre stage in the Treasury’s Financial Services Growth & Competitiveness Strategy as Reeves looks to harness the sector to power [...]
Sir Robert Chote to leave UK Statistics Authority July 8, 2025 Sir Robert Chote has resigned as chairman of the UK Statistics Authority, which oversees official data published by a range of bodies including the Office for National Statistics. The UK Statistics Authority, an arms-length government body, has been involved in scrutinising the ONS’s troubles. Chote, who joined the UK Statistics Authority in 2022, will become [...]
Go down the Fox and Hand to crack John Smith’s puzzle July 8, 2025 SATURDAY sees York stage the John Smith’s Cup (3.10pm) – one of the most valuable Flat handicaps run in Europe. Worth over £100,000 to the winner, it’s no surprise that entries for this extended mile-and-a-quarter event are full of progressive horses from top yards. William Haggas’ Archivist heads the betting at 6/1, but he isn’t [...]
Magic Wong can add to his local Legend with more wins July 8, 2025 SERIOUS bettors will have one eye on the weather in Hong Kong, before a highly competitive nine-race programme gets underway at Happy Valley at 11.40am today. The forecast of heavy showers and possible thunderstorms during the action could scupper the chances of many in-form gallopers who have shown their best form on a fast surface [...]
Class-dropper Denfield capable of defying top-weight July 8, 2025 FORM students are guaranteed to have been burning the midnight oil to find the likely winners of some fiendishly difficult concluding races on the Happy Valley card. The Begonia Handicap (3.15pm), run over nine furlongs, includes a host of handicappers who can win on their best form, while a few lightly raced contenders could prove [...]
EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake July 8, 2025 The Prime Minister has hailed investment by French energy giant EDF in the Sizewell C nuclear plant as “a vote of confidence in the UK as an investment destination”, though the company appears to be taking a reduced stake in the major project. The French state-owned electricity company said it had agreed in principle to [...]
London Sports Festival Unveils New Pop-Up Padel Court at Hay’s Galleria in Partnership with London Bridge City July 8, 2025 London, 7 July 2025 — Central London Alliance’s London Sports Festival is thrilled to announce the launch of a brand-new pop-up padel court in the heart of the city at the iconic Hay’s Galleria, in collaboration with London Bridge City. This exciting activation celebrates London’s dynamic role as a global hub of innovation, community engagement, [...]
Wealth tax: City bosses warn Labour of entrepreneur exodus July 8, 2025 A wealth tax would spark a fresh exodus of entrepreneurs from the UK, according to City grandees as calls mount from within Labour to explore the policy. Sir Martin Sorrell, Sir Rocco Forte and Sir Philip Hampton warned in The Telegraph that business owners could flee Britain en masse. Hotelier Sir Rocco said: “Labour has [...]
Abu Dhabi sovereign investor eyes $100m slice of Revolut July 8, 2025 An investor in the Abu Dhabi sovereign fund is eying a $100m (£73m) stake in digital banking giant Revolut. State-owned global investment firm Mubadala is reportedly in advanced discussions to purchase shares in Revolut from existing investors. The deal, if completed, would add to a smaller stake the fund purchased last year as part of [...]
Norman Tebbit was the natural heir to Thatcher July 8, 2025 John Redwood shares his reminisces of Norman Tebbit, a giant of Conservative politics Norman Tebbit was a towering figure in the Thatcher Cabinet. I worked closely with him as Margaret’s chief policy adviser in the middle years of her government. He was often the minister around the Cabinet committee tables who went straight to the [...]