UK wage growth remains hot as Bank of England set to decide on interest rates March 20, 2025 Wage growth has continued to soar, new figures have revealed. The Office for National Statistics (ONS) said that annual regular pay, excluding bonuses, grew 5.9 per cent between November 2024 and January 2025. Total pay growth, which includes bonuses, increased by 5.8 per cent. “Overall pay growth remains relatively strong, with pay growth high in [...]
Trump is making Russia the next IOC president’s burning issue March 20, 2025 If Trump can claim to have brokered peace in Ukraine, and with swathes of the world still beholden to Russia, the IOC will have to accept them back into the Olympics, says Ed Warner. The final bell has sounded at the IBA Women’s World Boxing Championships in Nis, Serbia. The tournament’s medal table is emblematic [...]
Defence: Building submarines is ‘blueprint’ for UK growth, Starmer says March 20, 2025 Building new submarines in Barrow-in-Furness is a “blueprint” for how increasing defence spending can boost prosperity across the UK, the Prime Minister has said. Sir Keir Starmer made the comments ahead of a visit to the town at the heart of Britain’s submarine-building industry. Sir Keir is expected to lay the keel for the next [...]
Mark Kleinman: CMA revamp to spur boom for M&A bankers March 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles changes at the CMA, Achilles’ new target, and a logistics funding boost. Will there even be a competition regulator at this rate? After this week’s latest summons to Downing Street for a [...]
London closes in on New York as top financial hub but risks remain March 20, 2025 London has edged closer to becoming the world’s top financial centre, fresh research shows, but concerns have been raised over the City’s future competitiveness. The 37th edition of Z/Yen Group’s Global Financial Centres Index (GFCI 37) showed London maintained its second-place ranking amongst the world’s top financial centres, whilst climbing 12 points from its last [...]
Xlinks’ sub-sea high-wire act March 20, 2025 The story of a Moroccan wind and solar farm the size of Greater London providing energy for a country thousands of miles away would ordinarily be the preserve of sci-fi books. But Xlinks founder Simon Morrish tells Ali Lyon that the only thing stopping it from becoming a reality is the UK’s snail-paced state. Simon Morrish is [...]
Do we need to rethink Brexit’s impact on UK-EU trade? March 20, 2025 With the weekend approaching, allow me to furnish you with a classic conversation starter for the pub or a dinner party; have you heard that the OBR might have overstated the impact of Brexit on the UK’s trade with the EU? In my experience this kind of line serves as a perfect icebreaker or an [...]
‘I lament the pairing of trainers with suits’: Cheaney shoes’ Jonathan Church on swapping banking for brogues March 20, 2025 Church's shoes Jonathan Church is a veteran of the British footwear business. He tells us why he swapped banking for brogues.
Eat, drink, sleep, repeat: The best restaurants in Florence March 20, 2025 Last week began with a wonderfully long lunch in Bluebird Chelsea with Mirabeau founder Stephen Cronk and his chief exec Richard Larkin. Everyone in the drinks business loves these guys, but I take credit for introducing the Batman and Robin of Provencal rose to each other back in 2017. In Bluebird, the restaurant atmosphere was [...]
Is Sadiq Khan finally getting something right on London’s nightlife? March 20, 2025 It has taken eight years – and the appointment of one disastrous night czar – but Sadiq Khan is finally listening to industry when it comes to the future of London’s after hours leisure economy, writes James Ford As a former aide to the previous Mayor of London, it is very rare that I find [...]