Bolt vs Lime: Uber rival to launch e-bikes in London June 18, 2025 Bolt has unveiled plans to introduce electric bikes in London this summer, challenging Lime’s near-monopoly in the capital. The Estonian ride-hailer, which is the largest e-scooter and bike provider in Europe, will launch its London service in August under close supervision from Transport for London (TfL) and local councils. The move makes Bolt the first [...]
Reeves to invest billions in a new housing bank for UK builders June 17, 2025 The government has announced plans to create a new national housing bank to encourage private investment and boost housebuilders. It says the bank, which will provide £16bn of new public investment, will unlock over £53bn of private investment over the next decade and help to build hundreds of thousands of homes. The £16bn investment includes £10.5bn [...]
Elio review: Pixar is back with spectacular space adventure June 17, 2025 Whisper it: Pixar is back. After a disastrous pandemic period, where quality films like Soul and Turning Red were buried on streaming, followed by the epic failure of 2022’s Lightyear, the iconic animation studio has got back to something like its best. After Elemental became a sleeper hit in 2023, the masterful Inside Out 2 [...]
Serialise’s chance more than O-Kay in Kensington Palace June 17, 2025 A FIELD of 24 go to post for the fiercely competitive looking Kensington Palace Stakes (5.35pm) for fillies over the straight mile. Royal runner Rainbows Edge looks the one to beat, following a gutsy course and distance win on fast ground last month. She looked a potential Group-class filly that day and she could be [...]
Sale Sharks tycoon Simon Orange buys steel giant June 17, 2025 The co-owner of rugby union side Sale Sharks, Simon Orange, has bought the UK’s second-largest steel contractor just a few months after selling his investment business in a deal worth more than £1bn. Self-made millionaire Orange, whose brother Jason was an original member of Take That, has snapped up a majority stake in Greater Manchester-based [...]
Thailand gives green light to £1bn Formula 1 Grand Prix bid June 17, 2025 Thailand has moved a step closer to realising an ambitious plan costing almost £1bn to stage a Formula 1 Grand Prix for the first time after its cabinet gave it the green light. The country wants to host a street race in Bangkok on an initial five-year contract beginning in 2028. Thailand is a fixture [...]
Why the Bank of England will hold interest rates June 17, 2025 At every other meeting, the Bank of England publishes its monetary policy report alongside its interest rate decision. Each lengthy report includes fresh details on revisions to central forecasts, which are poured over with glee by economists and investors.. But this Thursday’s Monetary Policy Committee (MPC) meeting will offer few statistical goodies. Officials will meet [...]
Worcester Warriors announce Morgan as front-of-shirt sponsor June 17, 2025 British car brand Morgan will be the title sponsor for Worcester Warriors as the club embarks on a new chapter in rugby’s second tier. The Warriors went into administration and were kicked out of the Premiership, but will compete in the newly rebranded Champ Rugby from September. And the century-old Malvern-based Morgan Motor Company will [...]
King Charles’ Crown Estate to invest £400m in offshore wind supply chain June 17, 2025 King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.” [...]
Barclays calls in McKinsey to find savings in investment arm June 17, 2025 Barclays has tapped global consultancy giant McKinsey in a bid to identify cost-saving areas across its investment banking arm. The FTSE 100 bank is looking to simplify its investment bank, with consultants examining the front office, finance, risk and technology divisions. The consultants will be looking at duplication of work and whether tasks can be [...]