Bank of England holds interest rates and slows down QT to £70bn September 18, 2025 The Bank of England’s Monetary Policy Committee (MPC) voted 7-2 to hold interest rates amid sticky inflation, with a decision to slow down its quantitative tightening (QT) process also made in light of febrile markets raising borrowing costs. MPC members made a dual decision at its September meeting on interest rates and the sale of [...]
The remote Maldives island blending local culture with luxury September 18, 2025 We all do the same thing when we arrive in paradise. Snap-happy eager beavers, scrambling to photograph the first swinging hammock, the first lopsided shell, the welcome coconut drink raised towards the sea, held out like a newborn Simba over Pride Rock. Arriving at Banyan Tree Vabbinfaru in the Maldives, you will undoubtedly do this. [...]
Ryder Cup should be reserved for free-to-air TV, say nine in 10 golf fans September 18, 2025 Nine in 10 golf fans believe the Ryder Cup should be added to the UK’s so-called crown jewels of sports broadcasting and made available on free-to-air TV. Sky Sports has held the exclusive live rights to the biennial golf contest between Europe and the US for the last 30 years, during which the event has [...]
Mercury13 acquires Bristol City as fund expands into English football September 18, 2025 Women’s football investment fund Mercury13 has entered the English market, acquiring a majority stake in second tier Bristol City Women. The Juan Mata and Giorgio Chiellini-backed investment vehicle is adding to its portfolio, which counts FC Como Women as its crown jewel, by forging a presence in the West Country. The deal, subject to league [...]
UK Treasury questions OpenAI, Microsoft, Meta over AI in financial services September 18, 2025 The Treasury Committee has sent letters to six major technology firms, including OpenAI, Microsoft, Meta, and Amazon, seeking detailed information about the role they play in providing AI services to the UK financial sector. The correspondence is part of the Committee’s inquiry into AI in financial services, ahead of forthcoming sessions with regulators and HM [...]
Next share price slumps on gloomy prediction for UK economy September 18, 2025 Next shares sunk on Thursday morning after the retailer issued a stark warning that the UK faces ‘anaemic’ growth due to a combination of technological and regulatory changes. Despite reporting a 10 per cent rise in half-year sales, the FTSE100 company flagged “strong evidence” of a material squeeze on wider UK employment levels due to [...]
Will Shu quits as Deliveroo CEO after denying he planned to leave September 18, 2025 The CEO of Deliveroo, Will Shu, has announced his decision to step down from the company he co-founded in 2013, just months after the company denied he had any plans to leave. In February, after growing speculation Shu was preparing to exit the tech business later in the year, Deliveroo issued a statement in which [...]
Greg Jackson spins off Kraken from Octopus Energy September 18, 2025 Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has [...]
TNT Sports in discussions for rugby union Nations Cup September 18, 2025 TNT Sports are in discussions to broadcast the inaugural Nations Cup as the firm looks to grow its rugby union offering. The organisation, formerly BT Sport, currently shows the English top flight Gallagher Prem, which begins next week, as part of a broadcast deal that runs through until 2031. And having dropped the Investec Champions [...]
The “Living Bridge”: Cultivating a new golden era in UK-India relations September 18, 2025 The India Business Group (IBG), an independent strategic advisory company, was established in 2014 by Amarjit Singh to foster the special relationship between India and the UK. The founder and CEO of the India Business Group is a commercial solicitor by background and set up the organisation after observing a palpable interest from UK small [...]