WTA Ventures: Queen’s, CVC Capital Partners and an organisation pushing on June 16, 2025 After a successful week of WTA tennis at Queen’s, WTA Ventures chief Marina Storti discusses the state of the sport, its private equity partner CVC Capital Partners and a potential merger with the ATP. When 37-year-old Tatjana Maria upset the odds to win the HSBC Championships in front of 9,000 fans on Sunday, she became [...]
Metro Bank shares soar after takeover interest from Shawbrook owner June 16, 2025 Shares in Metro bank boomed as markets opened on Monday after reports the high street lender had been approached for a takeover. The FTSE 250 bank’s stock was up nine per cent to 122.00p during early trading. On Friday, shares closed at 112.2p, giving it a market capitalisation north of £750m. This follows private equity [...]
Israel-Iran conflict to dominate G7 meeting as Starmer calls for restraint June 16, 2025 The escalating conflict between Israel and Iran is likely to be high on the agenda as world leaders gather in Canada on Monday. Sir Keir Starmer said that the G7 meeting in Alberta would provide an opportunity for allies to make the case for de-escalation in the “fast moving” situation in the Middle East, with President Trump [...]
UK government advises against all travel to Israel amid Iran conflict June 15, 2025 Britons are being told not to travel to Israel amid the ongoing conflict with Iran. The Foreign, Commonwealth and Development Office updated travel advice on Sunday to advise “against all travel to Israel and the Occupied Palestinian Territories”. David Lammy has said that the safety of British nationals “remains our top priority”. Israel and Iran [...]
Metro Bank receives private equity-backed takeover interest June 14, 2025 High street lender Metro Bank has been approached for a takeover which could take it off the London Stock Exchange, Sky News has reported. Bosses at Metro Bank have reportedly been approached in the last two weeks by private equity firm Pollen Street about an offer to take it private. The takeover would follow a [...]
Lammy set for further talks with counterparts as Iran and Israel exchange fire June 14, 2025 David Lammy is expected to spend the day in talks with counterparts across the Middle East after Iran launched retaliatory attacks against Israel overnight. The Foreign Secretary will be briefed by officials on Saturday and will speak to figures in the Middle East and elsewhere. It comes after conversations with representatives from Iran, Jordan and [...]
Nationwide to Greggs: King’s honours list champions UK business leaders June 14, 2025 Entrepreneurs and company chiefs in tech, recruitment and banking have been recognised for their contributions to UK business in the King’s birthday honours. Microsoft UK boss Clare Barclay and ceramics founder Emma Bridgewater, dubbed the “queen of pottery”, received damehoods for services to business. Nationwide chief executive Debbie Crosbie, who led a £2.3bn takeover of [...]
Iran retaliates after Israeli strikes target nuclear programme and military June 14, 2025 Iran has launched retaliatory missile and drone strikes on Israel, killing at least three people and wounding dozens, after a series of Israeli attacks on the heart of Tehran’s nuclear programme and armed forces. Israel’s assault used planes as well as drones smuggled into the country in advance, according to officials, to assault key facilities [...]
Celebrating City icon the Sky Garden, crowned world’s most ticketed destination June 13, 2025 The Sky Garden, located at the top of the 'Walkie Talkie' building at 20 Fenchurch Street, was completed in 2014
Will fintech banks survive falling interest rates? June 13, 2025 Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping £3.1bn. Meanwhile Monzo’s revenue hit £1bn for the first time. But this came as interest rates maintained a post-financial crisis high of 5.25 per cent [...]