Freetrade: IG Group swoops for trading app January 16, 2025 IG Group has acquired stock trading app Freetrade for £160m, as the FTSE 250 firm looks to target a new UK audience of traders. The trading platform, along with its 720,000 customers and £2.5bn in assets, will move to IG Group in mid-2025, subject to regulatory approval, the firm said in a stock exchange notice [...]
Mark Kleinman: Regulators’ D-Day is crucial for Starmer agenda January 16, 2025 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he looks at D-Day for regulators, Ebury’s IPO knife-edge and Badenoch’s Reform nightmare Regulators’ D-Day is crucial for Starmer agenda It’s D-Day for Britain’s regulators. Barely three weeks after a dozen economic watchdogs were [...]
RFU hits back at MPs, saying it got no COVID-19 loans from Government January 15, 2025 The Rugby Football Union (RFU) has hit back at MPs after a swathe of parliamentarians demanded government intervention over the “dying” game. English rugby’s governing body has faced widespread criticism over bumper bonuses for chief executive Bill Sweeney while the wider game struggles to find a financial footing. Shadow sports minister Louie French said that [...]
Cates to keep Sky Sports role despite getting Match of the Day job January 15, 2025 Kelly Cates is set to keep her role with Sky Sports despite being named as one of three new presenters for Match of the Day, the flagship football show of rival broadcaster the BBC. Cates, who currently anchors Sky Sports’ biggest live Premier League games alongside presenting for BBC Radio 5 Live, will join Mark [...]
Inflation: ‘Relief’ for Reeves or a ‘temporary reprieve’? January 15, 2025 Inflation unexpectedly fell in December, but is it 'relief' for Rachel Reeves or just a 'temporary reprieve'?
Serco: FTSE giant bags £200m US army deal January 15, 2025 British outsourcing giant Serco has secured a $247m (£203m) contract to enhance the health and fitness of US army soldiers. The government services provider will support 45 US army brigades across 15 locations, including bases in Alaska and Texas. Under the deal, the firm is set to drive soldier fitness, reducing injury rates and supporting [...]
Bottomuptogether could be a Smart Fighter on debut at Happy Valley January 14, 2025 BANK on former Hong Kong champion trainer Ricky Yiu to provide the best bet on a tricky and highly competitive nine-race programme at Happy Valley today. With just seven winners separating the top nine stables in the Trainers’ Championship at present, Yiu is making a strong bid to win another title he last held five [...]
Starmer ‘will listen’ to Tulip Siddiq inquiry findings, minister says January 12, 2025 The Prime Minister will act on the findings of an independent investigation into Treasury minister Tulip Siddiq, a Cabinet minister has said. Science Secretary Peter Kyle said Siddiq has “done exactly the right thing” in referring herself to the Parliamentary watchdog over allegations about properties linked to her aunt’s political movement in Bangladesh. Following reports [...]
Chinese investment of £600m in UK ‘a start’, says Cabinet minister January 12, 2025 China committing to putting £600m in the UK is “a start” and “will lead to future investment”, a Cabinet minister has said. Science Secretary Peter Kyle said the Chancellor has returned with “solid commitments for investment” as the Government commits to “rebuilding the relationship with China”. Rachel Reeves has been criticised by the Conservatives and [...]
Rachel Reeves eyeing spending cuts in spring January 10, 2025 Rachel Reeves is considering cutting departmental spending as UK borrowing costs soar, despite risks it could “dampen” activity and “further dent anaemic” growth. The Chancellor is said to be eyeing further reductions to unprotected government departments’ budgets after she ruled out additional tax rises or more borrowing to avoid breaking her fiscal rules following the [...]