‘Temporary share price glitch’ sends Barclays shares lower February 13, 2025 Shares in Barclays slumped on Thursday morning after the bank posted its annual results. The Big Four bank reported a £8.1bn pre-tax profit, up 24 per cent from 2024, surpassing analyst expectations of £8.07bn. However, its stock dropped five per cent, as low as 290.34p after the market opened. Still, despite the drop, Peel Hunt [...]
UK economy: Mixed signals for Rachel Reeves as GDP beats expectations February 13, 2025 You can tell it has been a bleak midwinter when quarterly growth figures of 0.1 per cent sets the pulses racing.
Ambanis and Boehly: Who owns the Hundred teams after £975m sale? February 13, 2025 With the sale of Southern Brave confirmed on Wednesday, all eight of the England and Wales Cricket Board’s 49 per cent stakes in Hundred franchises have been sold. Sellers, counties and buyers will now enter into exclusive negotiations on the details but it is expected to run, mostly, without a hitch. The valuations placed on [...]
Number of FCA complaints about bosses ‘suspiciously’ low February 13, 2025 A recent FOI has revealed a "suspiciously" low number of FCA complaints about senior leaders, writes Lucy McNulty.
Is Rachel Reeves heading for her own black Wednesday moment? February 13, 2025 If the OBR downgrades growth forecasts and the Chancellor breaks one of her own fiscal rules, it could be the beginning of the end for Rachel Reeves just as Black Wednesday was for Norman Lamont and the Major government, says Malcom Gooderham Within months of winning the 1992 general election John Major’s administration suffered a [...]
How Sweden left socialism behind February 13, 2025 The myth of socialist Sweden persists but in fact it has left many of the policies of the 70s and 80s behind and become one of the most market-oriented societies in the world, says Rainer Zitelmann For decades, the production and sale of alcohol was heavily regulated by the state in Sweden. When it came [...]
Mark Kleinman: Bonfire of the regulators just beginning February 13, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles churn at the regulators, bankers’ bonuses and dilemmas at Deliveroo. Bonfire of the regulators is just beginning For Marcus Bokkerink, read Abby Thomas? The chief executive of the Financial Ombudsman Service last [...]
Row erupts over bid to resurrect London Irish February 12, 2025 London Irish administrators and former frontrunner Daniel Loitz are at loggerheads over the breakdown of the German’s proposed deal to buy the stricken rugby club. Sources close to the deal claim that Loitz had months – including an exclusivity period – in which to finalise a purchase with the ReSolve Group, which was appointed when [...]
Mercedes-AMG GT 63 review: Taking on the 911 Turbo February 12, 2025 The previous AMG GT was a bit of a brute. With steroid-pumped styling, a bombastic V8 up front and rear-wheel drive, it embodied AMG at its most ‘OMG’: a muscle car that took a wrong turn off Detroit’s Eight Mile Drive and somehow ended up in Stuttgart. The new GT is, well… more of a [...]
Mad About The Boy: Bridget Jones returns with more of the same February 12, 2025 While she may be heralded as an icon of the late 90s, it appears every decade has needed Bridget Jones. The success of Helen Fielding’s novels led to a big screen adaptation and sequel in the 2000s, before 2016 saw star Renee Zellweger return in Bridget Jones’ Baby. Now, nearly 25 years on from the [...]