Revolut banking licence bid goes down to the wire as key deadline looms July 8, 2025 Revolut is facing a fresh regulatory headache in the UK amid mounting expectations it may miss a key deadline in the ongoing process to become a fully operational bank. The digital banking juggernaut received the green light for its UK banking licence from Britain’s banking watchdog last year after a three-year wait, which triggered a 12-month [...]
Could Whatsapp become the West’s first superapp? July 8, 2025 Could Whatsapp become the West's first superapp? Its recent integration of business services suggests it wants to be, writes Paul Armstrong.
If you think it’s bad for Henry on £100k, spare a thought for his Gen Z brother July 8, 2025 Life may be tough if you’re a High Earner, Not Rich Yet – but at least Henry has hope. His younger counterpart Nick, 30, has only known bad times and he’s fuelling the rise of populist parties, says William Atkinson Last week, Eliza Filby profiled the plight of the Henry: a High Earner, Not Rich [...]
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
What’s so bad about a wealth tax? July 7, 2025 That "millionaires don't need all that money" misses the point. Wealth taxes hurt us all, writes Callum Price.
I’m the only disabled director in the FTSE 100 – these are three questions every CEO must ask July 7, 2025 In most organisations 15-20 per cent of employees will classify as disabled, they just aren’t telling you who they are, says Sara Weller As the only FTSE 100 director who has openly declared having a disability, I am convinced about the opportunity to drive strong commercial and social outcomes, in parallel, by greater inclusion of [...]
A day with London’s exclusive Auto Vivendi supercar club July 7, 2025 We crawl through Cricklewood, battle through Brent Cross, then cruise sedately up the A1 (M). Finally, we take the exit, the traffic ebbs away and the road opens up ahead: a ribbon of empty tarmac between open fields. My overwhelming urge is to click the left paddle down a couple of gears, flatten my right [...]
Rolls-Royce Spectre Black Badge: Bright sparks, dark dreams July 7, 2025 The typical Rolls-Royce buyer – if such a person exists – is now 42 years old. For the Spectre, the average age drops to just 35. Given that I recently celebrated my 46th birthday and drive a 19-year-old Golf, those feel like sobering statistics. Clearly, I should have worked harder at school. Rolls-Royce’s shifting demographic [...]
Analysis: A US-EU trade deal looks unlikely. What does that mean for the UK? July 7, 2025 The clock is ticking on the EU-US trade deal set to expire on 9 July. The European Union is pushing for immediate relief from tariffs, but the bloc expects even a best-case deal to include a degree of asymmetry. While the UK is not at the negotiating table, Britain may find itself absorbing collateral damage [...]
Ministers ‘pushed ahead too fast’ on welfare reform, says Phillipson July 6, 2025 Ministers “pushed ahead too fast” and “didn’t listen enough” on welfare reform, the education secretary has said. Bridget Phillipson also said that future spending decisions had been made “harder”, when asked about the prospect of the two-child benefit cap being scrapped. Phillipson told the BBC’s Sunday With Laura Kuenssberg programme that she was “not going [...]