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, [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
Apple shares fall on cloud miss despite US chip pivot May 2, 2025 Apple posted better-than-expected earnings late Thursday, as iPhone sales held up strongly in the face of growing consumer anxiety over incoming US tariffs. But shares slipped nearly 3 per cent in after-hours trading, as a muted performance from its services unit and continued delays in its AI rollout tempered investor optimism. The California-based tech behemoth [...]
Microsoft shares jump after AI bets pay off May 1, 2025 Microsoft shares surged over six per cent in after hours trading on Wednesday after the tech giant delivered another quarter of better than expected earnings, driven by its booming cloud and artificial intelligence (AI) businesses. The company posted revenue of $70.1bn (£52.5bn) for the quarter ending in March, up 13 per cent year on year, [...]
Apple slammed for App Store violations in Fortnite case May 1, 2025 A US federal judge has found Apple in a wilful violation of a court order requiring it to ease restrictions on app developers, marking a major development in the long-running legal battle with Fortnite creator, Epic Games. The ruling paves the way for the return of Fortnite to the iOS App Store in the US. [...]
EU youth mobility scheme is essential for a post-Brexit reset April 30, 2025 An EU youth mobility scheme is a needed concession to repair the UK's post-Brexit relationship with the bloc, writes James Reed.
Trump’s first 100 days: From stock market carnage to electing Carney April 29, 2025 Tuesday marks President Trump’s second first 100 days. On 29 April 2017, pundits looked back at the opening of the then 45th President’s term as a period that had shaken presidential norms and perhaps lowered the tone. In comparison, these first three months have been an earthquake. Trump has shown himself willing to execute the [...]