Harriet Harman appointed UK special envoy for women and girls March 8, 2025 Labour grandee Baroness Harriet Harman has been made the new UK special envoy for women and girls. The former minister will “co-ordinate efforts across the globe” to push for the protection of rights over reproductive health, access to education and freedom from gender-based violence, the Foreign Office said. But concerns have been raised in the [...]
Can the ‘hotelification’ of the office beat working from home? March 8, 2025 London offices are offering monogrammed towels and rooftop gardens to tempt staff back into work, says Alex Morgan Some of the world’s largest companies are pulling the plug on hybrid working, but not without a hitch. In the US, Amazon’s return-to-office (RTO) mandate has been put on pause because of a shortage of desks in [...]
FIA and Formula 1 accept General Motors and Cadillac to 2026 grid March 7, 2025 Formula 1 and its governing body the FIA have approved Cadillac’s application to join the 2026 F1 grid. The move comes after their bid was approved for assessment in November following on from major governance changes at General Motors and Andretti. “The FIA and Formula 1 can confirm that, following the completion of their respective [...]
Jamie Snowden: Hoping Wendigo can deliver for the postmen March 7, 2025 Two-time Cheltenham Festival-winning trainer Jamie Snowden gives an insight into what it’s like to train a 4,000-share syndicate horse for the Festival. Speaking about Albert Bartlett hopeful Wendigo, on behalf of BetVictor Casino, Snowden said: “Having a horse like Wendigo – who is split into 4,000 shares – running in a Grade 1 at the [...]
Six Nations needs France to beat Ireland before Super Saturday March 7, 2025 The recent clashes between Ireland and France in the Six Nations have all been superb occasions; whether it be in Paris or Dublin, the teams always serve up a brilliant match. And this weekend in the Irish capital it is the home side who are favourites. But for the good of the tournament it is [...]
UK mortgage brokers expect interest rates to jump March 7, 2025 According to a new study, over two-thirds of UK mortgage brokers expect interest rates to stop falling and resume their upward trend by the beginning of next year. Butterfield Mortgages surveyed 300 brokers and 69 per cent said they believed the Bank of England base rate would be higher than the current level of 4.5 per cent [...]
Oracle: Tech giant passes UK milestone as profit jumps March 7, 2025 US technology giant Oracle has reported sales in the UK of more than £2bn for the first time as its profit jumped by over 20 per cent. Oracle, which in 2023 was the third largest technology company in the world by revenue behind Microsoft and Google, is the title sponsor of the Red Bull F1 [...]
15 years on from The Big Short, securitisation is back March 7, 2025 The Big Short hit bookshelves 15 years ago, but the era of securitisation it depicts is far from over — in fact, it’s booming, says Tim Focas Fifteen years ago this month, Michael Lewis’s The Big Short hit bookshelves, exposing how Wall Street’s reckless financial engineering fuelled the 2008 financial crisis. It was a cautionary tale to [...]
Chelsea’s squad is the most expensive ever, Uefa confirms March 6, 2025 Chelsea’s squad at the end of the 2024 financial year was the most expensive ever assembled in football, according to a new Uefa report. Big-spending Chelsea’s squad was worth an astonishing €1.66bn (£1.39bn), eclipsing the previous highest recorded by Real Madrid in 2020 (£1.12bn). Uefa’s European Club Finance and Investment Landscape Report, published on Thursday, [...]
Klarna set for US IPO in snub to London markets March 6, 2025 Swedish fintech Klarna is looking to raise a minimum of $1bn (£777m) in a US initial public offering (IPO), sources told Bloomberg. Klarna’s US filing, which could come as soon as next week, will see the firm target a valuation of more than $15bn in the New York Stock Exchange, according to people familiar with [...]