Pound edges up against dollar after Trump’s latest Fed attack August 26, 2025 The pound gained from a turbulent US dollar trading session on Tuesday after the greenback was stung by President Donald Trump’s attacks on the Federal Reserve. The dollar index (DXY) – which tracks the dollar’s value against a basket of currencies – tumbled as much as 0.4 per cent as Trump said he had “sufficient [...]
Union threatens LA Olympics strike and issues $5bn demand August 26, 2025 The 2028 Los Angeles Olympics has been threatened with strike action by a union demanding a $5bn investment in local housing. The Unite Here Local 11 union has issued a list of demands ahead of the next Olympiad, insisting their 32,000 members could strike over the Olympics if they’re not listened to. They have asked [...]
Tennis and athletics rank top for value for money, according to Brits August 26, 2025 Tennis and athletics have come out on top as sports Brits think are the best value for money, City AM can reveal. Exclusive research by Ipsos shows that of those who attended sport in the last 12 months, fans of tennis felt they got the best bang for their buck. Over three quarters of the [...]
Business rates ‘double whammy’ to cost English companies billions August 26, 2025 Businesses in England are to face an “unavoidable double hit” to their property tax payments next year, which will see total payments surge by about £2.5bn, according to new figures. Analysis from global tax firm Ryan indicated that inflation and a government tax change will combine to drive up business rates bills further. Business rates [...]
1,000 days of ChatGPT: How has work changed? August 26, 2025 1,000 days on from the launch of ChatGPT, Henrik Landgren asks what has changes, and what's next, for the white collar workforce
Officials working ‘very hard on ending Russia-Ukraine war’, Trump envoy says August 25, 2025 US president Donald Trump’s special envoy Keith Kellogg said officials are “working very, very hard” on efforts to end the three-year war between Russia and Ukraine, as a lack of progress fuels doubts about whether a peace settlement could be on the horizon. Mr Kellogg said in Kyiv that officials are “hoping to get to [...]
Hospitality bears brunt of job losses since October budget as costs rocket August 25, 2025 Over half of all job losses in the UK since last October’s budget have been in hospitality as the sector struggles under the weight of rising costs, according to new data. Of the 164,641 job losses in the UK since the Budget last October, almost 89,000 have been lost in hospitality. The scale of job losses [...]
Londoners, a rallying call! Embrace new technology, or watch others eat our lunch August 25, 2025 London's tech scene is world-leading, but complacency risks being our Achilles heel, writes Lord Mayor of London Alastair King.
Government commit £1.5m to cricket domes, including in Luton August 25, 2025 The Government has committed £1.5m in funding towards the construction of two indoor cricket facilities ahead of the 2026 Women’s T20 World Cup. The cash injection will see Luton and Lancashire get domes to ensure cricket can be played year-round. DCMS secretary Lisa Nandy said: “Cricket has a remarkable power to inspire and unite communities [...]
Trump’s tariff salvo blindsides UK manufacturers August 24, 2025 Donald Trump has blindsided UK manufacturers by slapping fresh tariffs of up to 25 per cent on more than 400 categories of British goods, from shampoo and children’s highchairs to motorcycles and diggers. Conservative shadow trade secretary Andrew Griffith accused ministers of failing to protect exporters, saying: “When it comes to protecting UK businesses from [...]