Lanza-grotty? Hardly! Why Lanzarote is actually rather fabulous Life&Style “David Cameron tucks into five-star hotel buffet in Lanzarote,” read a headline in The Mirror in 2016. Lingering over details like the then Prime Minister’s “all inclusive wrist band” and the resort’s “£230 a night price tag”, the newspaper’s clear implication was that Cameron was luxuriating in a paradise no ordinary Brit could aspire to. [...]
London vs New York: Who will win the fintech IPO war? Fintech A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
UK retail sales boost as Brits enjoy warm weather Retail Sales rose for UK retailers last month as warmer weather helped drive stronger demand for food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volumes rose by 1.2 per cent in April. This compared with a 0.1 per cent rise in March, which was revised down from [...]
How to fix the housing crisis? We’ve told the government again and again and again May 23, 2025 I’m a London estate agency chairman – and I’m tired of talking about the same housing problems every month, writes Simon Gerrard.
Easyjet holds guidance as it eyes £700m profit May 22, 2025 Easyjet has doubled down on full-year guidance as forward bookings showed promise ahead of summer. The low-cost carrier said bookings had been such that it expects to meet a prior target of £703m for annual pre-tax profit. Headline pre-tax losses came in at £394m, up 13 per cent year-on-year for the six months ended 31 [...]
Mark Kleinman: Reeves’ City IPO push still lacks momentum May 22, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ City IPO push still lacks momentum It’s the City’s most oft-recurring question: how do you reverse the alarming decline in London’s attractiveness as a destination for IPOs? The bald statistics legitimise the urgency of the [...]
JD Sports: Shares drop on tariff uncertainty despite higher dividend May 21, 2025 JD Sports has raised its dividend on a double-digit rise in revenue after an uptick in European and North American demand. Shares, however, dropped more than seven per cent as the retailer warned that the visibility in US trading was uncertain due to the tariff impact. Overall revenue grew 12 per cent to £11.45bn in [...]
Red Bull diluted: Energy drink giant reduces stake in Leeds United May 21, 2025 Red Bull’s stake in Leeds United has reduced to below 10 per cent after the German energy drinks company declined the opportunity to invest in the issue of £120m of new shares ahead of the club’s return to the Premier League. The new funding has been provided by members of the 100-strong consortium of investors [...]
King up for the fight to gain victory in Hong Kong May 20, 2025 HAPPY Valley racing fans face a dilemma when they arrive at the city track for a nine-race programme starting at 11.40am on Wednesday. It has not been easy for bettors at the Valley in the past six weeks with numerous surprise results – there were a handful of winners last week returning at double-figure odds [...]
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