UK’s ageing water network would take 700 years to replace at current rate April 25, 2025 Britain’s ageing water network would take 700 years to replace if work continues at the rate seen since privatisation, according to Whitehall’s spending watchdog. The National Audit Office (NAO) on Friday released an extensive investigation into the performance of the the three water regulators, Ofwat, the Drinking Water Inspectorate and the Environment Agency, and Defra. [...]
Scandal after scandal: What is happening at PwC? April 24, 2025 Over the last few years, PwC has been involved in several scandals. It's now battling to prevent more from happening
Nokia faces global tariff turbulence, but UK arm holds firm April 24, 2025 Nokia is bracing for disruption from renewed US trade tensions, with its new chief executive signalling a possible expansion of American manufacturing to soften the blow of potential tariffs. But while the Finnish firm’s global profits have taken a hit, its UK business has quietly bucked the trend – posting steady growth and highlighting the [...]
Week in Business: Why a UK-US trade deal won’t save the British economy April 24, 2025 The Chancellor's emergency mercy mission to the US could pay off, but it won't be enough to reverse the damage she's already done to the UK economy.
London house prices fall fuels sales surge April 24, 2025 Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]
Domino’s: Pizza chain reports order growth and expects ‘minimal’ tariff impact April 24, 2025 Domino’s has reported order growth ahead of the market and said it does not expect Trump tariffs to impact the business. Its share price dipped by just over one per cent in early trades. Total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders [...]
21.3bn reasons why TCS partners with the London Marathon April 24, 2025 Partnering with the London Marathon has helped b2b-focused TCS grow its brand value tenfold, says the company’s chief marketing officer Abhinav Kumar. TCS can point to plenty of reasons for partnering with the London Marathon and other endurance races – 21.3 billion of them, in fact. That figure represents the global IT services and consulting [...]
UK agri-tech bags Kiwi investment boost April 24, 2025 The UK government has welcomed a strategic investment push from New Zealand into Britain’s agri-tech sector. AgriZero NZ, a public-private fund backed by the Kiwi government and major agri-businesses, joins Innovate UK’s investor partnership programme. The scheme helps scale cutting-edge British agri-tech startups linking them with global investors. Science minister Patrick Vallance told CityAM: “New [...]
Asos: Losses narrow as e-commerce giant drives turnaround April 24, 2025 Struggling ecommerce giant Asos has reported reduced losses as its turnaround plan begins to take shape. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) moved into positive territory at £42.5m in the 26 weeks to March 2, from a loss of £16.3m last year. Its share price dipped by nearly two per cent in [...]
Square Mile tailor Neil McCann: I look forward to when gilets are a thing of the past! April 24, 2025 Square Mile tailor Neil McCann tells us about his career, style and the scourge of the gilet in this week's Square Mile and Me.