Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
Apple looking at raising iPhone prices May 12, 2025 Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall [...]
US-UK trade announcement: “this isn’t a deal, it’s an amuse-bouche” May 9, 2025 The morning after the US-UK trade agreement was announced, experts are beginning to wrap their heads around what the deal entails, and reactions are trickling in. The overriding sense is that in the absence of any granular detail on what the deal means for several industries, there is still hope that the UK government can [...]
Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long May 8, 2025 Here We Are review and star rating: ★★★★ Stephen Sondheim’s final musical is nothing like his most famous works – in fact, it’s barely a musical at all, but perhaps we shouldn’t be surprised. As Here We Are writer David Ives remarked, the legend relished in challenging his loyal followers with reinvention. “Sondheim makes people crazy [...]
Alphabet slides as Apple eyes Google overhaul – and UK probe looms May 8, 2025 Alphabet – Google’s parent company – suffered its worst drop in shares since October on Wednesday, falling 7.5 per cent after the iPhone maker, Apple, revealed a historic sip in Safari search and hinted to a strategic shift to AI-powered rivals. This move may be the first signs of the end for Google’s long held [...]
Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles May 8, 2025 S4 Capital, Sir Martin Sorrell’s advertising giant, recorded a sharp drop in revenue in its first-quarter trading update as geopolitical tensions weighed. The firm posted a 11.4 per cent slump in net revenue to £148.3m, which it said reflected the “continuing technology client caution” and headwinds from one “key client”. Takings from marketing services reduced [...]
How to fly to New York in style (and why The Devonshire is overrated) May 7, 2025 Flying to New York to visit the Evolv Collection Restaurants last week, I was reminded that the British Airways loyalty scheme conditions had changed. For reference, here are my own (slightly tongue in cheek) rules for any self-respecting ‘City Guy’ visiting Terminal Five: 1. Arrive at the airport in a cab and ask for the [...]
FTSE 100’s record run ends as pharma stocks slide on new Trump appointment May 7, 2025 The FTSE 100’s record run came to an end on Wednesday as pharma stocks slumped on the back of a controversial US regulatory appointment. The blue-chip index spent the entire session in the red and closed off 0.4 per cent. Drugmakers GSK and Astrazeneca were among the top fallers, at nearly five per cent and [...]
Rachel Reeves has promised UK fintech the world – now she must deliver May 4, 2025 Judgement day looms for Rachel Reeves, and UK fintech will be handing her the verdict. In a keynote speech at Innovate Finance’s 11th global summit, the Chancellor confirmed the Treasury’s inaugural Financial Services Growth and Competitiveness Strategy would be published on 15 July. Reeves has lauded the industry’s growth and touted the achievements of fintech [...]
UK retail investors double down on US tech despite tariff jitters May 2, 2025 Despite geopolitical headwinds and market volatility, UK retail investors ramped up their exposure to US technology stocks in April, with Nvidia, Palantir and Tesla topping trading charts across major UK platforms. On AJ Bell, Nvidia emerged as the second most traded stock, trailing only BP. Tesla and Amazon also secured sports in the top ten, [...]