Budget 2025: Lloyds, Natwest and Barclays brace for a tax raid? September 1, 2025 Ahead of the 2024 Autumn Budget, Prime Minister Sir Keir Starmer warned Labour’s first fiscal event was “going to be painful”. He added those with the broadest shoulders “should bear the heavier burden” as Chancellor Rachel Reeves battled against an alleged ‘£22bn black hole’ inherited from the Conservative government. After lobbying efforts, banks were spared [...]
JPMorgan Chase poaches record number of senior bankers as Wall Street talent war escalates August 31, 2025 JPMorgan Chase has hired a record number of senior bankers in the past year, poaching about 100 managing directors from rivals including Goldman Sachs and Citigroup, as Wall Street’s largest lender looks to expand its investment banking franchise. The bank has brought in more managing directors to its commercial and investment banking division in the [...]
How to Buy an Apartment in London August 29, 2025 This guide explains everything first-time buyers need to know: from how much it costs to buy an apartment in London to new build developments, Shared Ownership, and essential tips to avoid costly mistakes. Saving for a deposit for an apartment in London For most first-time buyers, saving for a deposit is the biggest hurdle when looking [...]
Premier League spending hurtles towards £3bn mark August 29, 2025 Alexander Isak’s on-off transfer from Newcastle United to Liverpool will not be of interest only to fans and bean-counters on Tyneside and Merseyside. The protracted deal is also one for the transfer data crunchers and historians of English football’s top flight, given that it could represent the passing of multiple financial milestones. Isak’s transfer fee [...]
Alibaba unveils new AI chip as Nvidia’s China headache deepens August 29, 2025 China’s tech giants are racing to plug the gap left by Washington’s export bans, with Alibaba rolling out a new AI processor designed to replace Nvidia’s restricted H20 chip. The e-commerce titan, now also the country’s largest cloud-computing group, said the chip is more versatile than its predecessors and is aimed squarely at domestic AI [...]
The climate activist case for continued drilling for fossil fuels August 29, 2025 A pragmatic energy transition requires maintaining domestic oil and gas production as a strategic bridge to a renewable future, in order to prevent higher emissions from foreign imports while securing national energy sovereignty, says Callum Adamson “Drill, baby, drill” is not something you’d expect a ‘climate activist’ to say. You probably wouldn’t hear it from [...]
House sales rise in summer, but will property tax rumours kill confidence? August 29, 2025 The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]
Sky Sports expands NFL coverage with new three-year deal August 29, 2025 Sky Sports has agreed an expanded three-year deal with the NFL that will see the broadcaster show up to five live games per weekend in the UK. Sky will have first pick of games at both 6pm and 9pm on Sunday, as well as showing up to three more games from those timeslots concurrently. In [...]
Business confidence edges up despite tax raid fears August 29, 2025 Business confidence has grown for the fourth consecutive month, according to a fresh survey, despite rising speculation of a fresh tax raid on businesses by the Labour government. Lloyds Bank’s business confidence index edged up two points to 54 per cent in August as sentiment among manufacturers climbed to its highest in a decade. The [...]
Household costs hit private renters and families in Labour’s first year August 28, 2025 Household costs rose higher for families and renters than other groups in the year to June, official data has shown, as inflation has nearly doubled in the first year of Labour compared to the last year of the previous Conservative government. The Office for National Statistics (ONS) said overall UK household costs rose by 3.9 [...]