S&P 500 slumps on open as Treasury yields remain elevated April 10, 2025 US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting [...]
Eat, drink, sleep, repeat: London’s top outdoor restaurants April 10, 2025 Last week I assumed my position as CEO of the Evolv Collection. Founded by Sir Terence Conran in 1987, I am now custodian of 24 restaurants, including two in New York, the magnificent South Place Hotel in Liverpool Street, Michelin starred Angler and iconic venues such as Quaglino’s, Coq d’Argent, Sartoria and Bluebird (now in [...]
Libby’s Naked Wine Diary: The perfect glass to enjoy with friends April 10, 2025 @doesmybumlook40 @knackeredmother and @libbybrodie walk into a bar… And this is the Naked Wine they drank together The last time the three of us were together was at Kylie Minogue’s birthday party. It was a surprisingly intimate affair at Mayfair club Annabel’s, where we sipped Kylie’s Prosecco (very good) and rose (excellent) as the pixie-sized Queen [...]
Life on the edge: A deep dive into the crazy world of Margate April 10, 2025 Five years ago, some dilapidated public urinals in a park in Margate were sold at auction by the council to a private bidder for £11,000. The shabby little structure is barely visible from the path, a graffitied block hidden behind shrubs with weeds winding through the roof and floor. The original glazed urinals are exposed [...]
It takes a village: Do we need to rethink our attitude to old age? April 10, 2025 We’re living for longer than ever but the boom in the elderly population is a social and political time-bomb. Could ‘later life’ communities like Auriens be the answer to the old age crisis, asks Steve Dinneen I enter a grand lobby, all lofty ceilings, marquetry floors and art deco fittings. An effusive concierge in a natty [...]
Richard Farleigh: Why a wealth tax won’t work April 10, 2025 A wealth tax won't work, writes Richard Farleigh, a former dragon from Dragons' Den, author, investor and serial entrepreneur.
Exclusive: Former Bank of England policymaker calls for interest rates to be held amid high inflation April 10, 2025 A former Bank of England rate-setter has suggested that high inflation levels call for interest rates to be held at 4.5 per cent in May. The majority of investors and analysts are expecting the Bank to cut interest rates next month to ease low growth concerns, with up to three more cuts priced in until [...]
Nvidia shares skyrocket but tariffs still threaten AI boom April 10, 2025 Shares in AI giant Nvidia have skyrocketed by almost a fifth after President Donald Trump paused his sweeping new tariffs for 90 days. The move brought a brief, albeit potent, reprieve for Wall Street, triggering the Nasdaq’s largest single day gain in nearly a quarter of a century and reigniting investor appetite for the battered [...]
Tesco, M&S and Sainsbury’s shares drop amid wider FTSE 100 rally April 10, 2025 The UK’s major listed supermarkets missed out on a post-crisis FTSE 100 bump this morning after Tesco’s full-year results stoked fears of ‘trolley wars’ in the sector. The FTSE 100 index rose by more than six per cent as investors breathed a sigh of relief after Trump’s ‘reciprocal’ tariffs were paused last night. However, Tesco, [...]
Revealed: The private equity billionaire’s empire behind your favourite podcasts April 10, 2025 Conni Jonsson might not be a household name in the UK but this Swedish private equity billionaire is behind some of the most popular podcasts in the country. Jonsson is the founder of EQT AB, a Swedish global investment organisation set up in 1994. He also owns investment firm Qarlbo, which in turns holds 80 [...]