Bank of England decision to cut interest rates could be ‘closer call’ December 5, 2025 The Bank of England’s expected decision to cut interest rates by 25 basis points could be a “closer call” than markets predict, analysts have said. Markets have all but priced in interest rates falling to 3.75 per cent at the Bank’s next decision in mid-December after a flurry of data points pointed to a continued [...]
London City Lionesses score deal as Mastercard doubles down on Kang December 5, 2025 Mastercard has expanded its partnership with Michele Kang’s stable of women’s football clubs by becoming a sponsor of London City Lionesses. The company has become official payments partner as part of a wider deal with the club that will see it offer cardholders and supporters “Priceless” matchday experiences, including meeting players and mascot opportunities. Mastercard [...]
Best cars 2025: Our brilliant and bonkers highlights of the year December 5, 2025 These are difficult times to be a car company. Cheap Chinese imports, costly US tariffs and the UK Government’s muddled approach to policymaking have all slowed sales and impacted the bottom line. And that’s before you factor in cyber attacks, semiconductor shortages, the cost of living crisis and the reluctance of many motorists to embrace [...]
Labour minister: Life is s**t for young people December 5, 2025 A Labour minister has offered a candid assessment of life in the UK in reaction to a news story about the costs associated with housing and raising children. In a post on X, Josh Simons, the parliamentary secretary for the Cabinet Office who co-founded the Labour Growth Group, said life for young adults wanting to [...]
Jamie Oliver to bring back Jamie’s Italian in the UK next year December 5, 2025 Celebrity chef Jamie Oliver is to relaunch his restaurant chain in the UK in 2026, seven years after its dramatic collapse. Jamie’s Italian is to be relaunched after a deal was reached between Oliver and Cain International-backed Brava Hospitality Group, which owns Prezzo. The chain operated around 40 sites across the UK at its height [...]
Visa shifts European HQ to Canary Wharf December 5, 2025 Payments juggernaut Visa is set to switch its European headquarters to Canary Wharf – hot on the heels of banking behemoth JP Morgan. The move from its current spot in Paddington comes amid a major resurgence in the London financial hub after a number of big firms snapped up offices in the district. Visa will [...]
Bank of England: Businesses cut staff at fastest pace since pandemic December 5, 2025 British businesses cut jobs at the fastest rate since the pandemic in the run-up to Rachel Reeves’ Autumn Budget. A closely-watched survey from the Bank of England, which quizzes finance directors on their staffing levels, showed employment in the private sector fell by 1.8 per cent in November – the steepest monthly decline since July [...]
House prices hit record high but overall growth slows December 5, 2025 UK house prices reached a record high in November, however overall growth slowed to the weakest rate since 2024 according to the latest data from Halifax’s house price index. Prices were broadly unchanged last month, edging up £138, bringing the average house price to £299,892, a new record high. This follows a 0.5 per cent [...]
The secret to a successful business AI strategy in the UK December 5, 2025 Artificial intelligence has become impossible to escape. The technology has been embedded into everything from messaging apps to design platforms, and with good reason. There is great value to be unlocked from AI, especially for businesses. However, for those who have yet to incorporate the technology into their day-to-day operations, this can understandably seem like [...]
FTSE 100 Live: Unilever demerger; House prices hit record high December 5, 2025 Good morning and welcome back to the City AM liveblog. The Autumn Budget started nearly an hour earlier than expected on 26 November after the fiscal watchdog leaked its forecasts for the UK and with it all the Labour government’s economic policy for the next year. But start as you mean to end rings true [...]