Labour’s not for turning but the Inheritance Tax battle will rumble on June 5, 2025 Civil servants and politicians could not believe their eyes. As the hoarse grumble of diesel motors thundered along Whitehall, a fleet of tractors descended onto Parliament Square, heralded by a cacophony of honks to the tune of Aqua’s Barbie Girl. Beginning in November, farmers marched to Westminster to protest the government’s inheritance tax (IHT) reforms. [...]
LTA pledges equal prize money at Queen’s Club by 2029 June 5, 2025 The Lawn Tennis Association (LTA) has pledged to award equal prize money to men and women at its events at Queen’s Club and Eastbourne by 2029. A women’s tournament has been added to the HSBC Championships at Queen’s Club, which begins next week, and will offer prize money totalling $1.4m (£1m). That is the highest [...]
IAG: British Airways owner faces shareholder revolt June 5, 2025 British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting [...]
ECB cuts interest rates as UK ‘hesitation’ risks dealmaking strength June 5, 2025 Interest rates in the eurozone have been cut, taking the deposit facility rate to two per cent as fresh data suggested inflation came in just under the European Central Bank (ECB)’s two per cent target rate in May. The cut means the ECB’s rate now stands at two per cent, a halving of rates set two [...]
Jonny Brownlee on mixing business with pleasure in Supertri June 5, 2025 Jonny Brownlee credits Supertri with saving his career and now the Olympic gold medallist is hoping the super-sprint triathlon series can ensure he still has one after hanging up his tri suit. The 35-year-old and brother Alistair own and manage a team – Brownlee Racing, featuring leading Brits including Alex Yee, Beth Potter and Jess [...]
Mitie Group makes bid for Lord Ashcroft-founded Marlowe June 5, 2025 Mitie Group has made a £366m offer for Lord Ashcroft-founded Marlowe, as revenue surged 13 per cent at the outsourcing giant. The FTSE 250 firm said the takeover of the AIM-listed testing and inspection group would deliver £30m of cost synergies as part of its full-year results today. “Adding Marlowe’s 3,000 highly respected colleagues to [...]
UK fintech Wise ditches London primary listing for US June 5, 2025 Money transfer firm Wise dealt a crushing blow to the London Stock Exchange on Thursday, after announcing plans to transfer its primary listing to the US. The UK fintech’s new proposals include a dual listing in the UK and US, but with the latter as a primary base. Wise said transferring its main listing would [...]
CMC Markets eyes Web 3.0 as profit jumps June 5, 2025 Profit at the Lord Cruddas-founded CMC Markets jumped 33 per cent last year to £84.5m, as the group launches a new campaign to enter the ‘Web 3.0’ space. Net operating income came in at £340.1m, a two per cent increase on the previous financial year but below expectations of £359m, the firm revealed in its [...]
Fallow founder James Robson: Labour is killing hospitality June 5, 2025 James Robson is one of the most successful restaurateurs in London, setting up the hugely successful Fallow, Roe and Fowl restaurants with his business partners Will Murray and Jack Croft. In less than two years, Fallow went from a promising pop-up to a vast operation employing 300 people and serving up to 1,000 covers a [...]
Athletes on OnlyFans: It’s time for an adult conversation about funding June 5, 2025 Should athletes be allowed to boost their meagre Lottery funding by performing on OnlyFans, like British canoeist Kurts Adams Rozentals? It’s time for a grown-up discussion, says Ed Warner. How far would you go to fulfil your Olympic dream? Pre-dawn, pre-school training sessions; eschewing a student lifestyle to get a solid night’s sleep with no [...]