Don’t let ticket resale price caps ruin the party this festival season June 25, 2025 Misguided plans to cap regulated resale of tickets for live events will be a gift to unscrupulous touts, says Bob Kupbens The numbers are in – and they’re alarming. Home Office figures just released point to a huge increase in officially reported losses in fraud from ticket sales. And crucially, half of the £1.6m total [...]
THG shares jump as MyProtein owner returns to revenue growth June 25, 2025 THG – the London-listed firm behind fitness supplement brand Myprotein – has reported a jump in revenue growth ahead of its AGM today. The group, founded by businessman Mathew Moulding, recorded positive revenue growth across its Beauty and Nutrition divisions on a constant currency basis and reiterated its full-year targets. Shares rose by over 10 [...]
Industrial strategy shows Labour has a long-term plan for growth June 25, 2025 One year into office, the Labour government faces a challenging economic landscape, but its new industrial strategy signals a serious, long-term commitment to addressing the UK’s productivity issues and unlocking economic growth through stronger partnerships with the private sector, says Claire Ainsley Next week will be one year of the Labour government, and it just [...]
Falling wage growth could usher interest rate cuts, Andrew Bailey suggests June 24, 2025 Bank of England Governor Andrew Bailey suggested interest rate cuts would be warranted as pay growth was set to decline in the coming months.
ONS appoints Bank of England data exec as new chief June 24, 2025 The Office for National Statistics (ONS) has appointed a Bank of England executive as its new director general at a time when the independent body is losing trust over its poor handling of key data. James Benford, who served as the Bank’s chief data officer and oversaw analytics, will join the ONS in early August [...]
Inflation ‘plateau’ could keep interest rates higher, Bank hawk warns June 24, 2025 Bank of England officials may avoid cutting interest rates as worries inflation will remain above three per cent over the coming months leave policymakers in an “uncomfortable place”, a Monetary Policy Committee member has warned. Speaking at an event hosted by the National Institute of Economic and Social Research, external member Megan Greene said the [...]
Qatar closes airspace as region braces for Iran response June 23, 2025 Qatar shut down its airspace minutes after markets in London closed, with City analysts fearing the conflict involving Iran, Israel and the US could yet escalate further. The UK government followed the US in telling its British nationals in the country to take shelter until further notice. The US said the warning was made out [...]
Don’t panic: What’s behind markets’ Iran-Israel indifference? June 23, 2025 Commentators have warned that an escalation in the Iran-Israel conflict could set off a chain of events that leads to the outbreak of World War 3. But markets have reacted as if the exchange of air attacks have barely happened at all. Ali Lyon digs into a puzzling few days of equities and oil trading. [...]
How Philanthropy Powers Cutting-Edge Science June 23, 2025 Christian May, City AM‘s Editor in Chief, meets experts from Cancer Research UK and the Francis Crick Institute to explore the role of philanthropy in driving breakthrough research and treatment. Cancer remains a formidable challenge. Globally, it’s estimated that 19 million people are diagnosed with cancer every year. And an estimated 10 million die from [...]
UK a ‘standout’ destination for deals despite economic uncertainty June 22, 2025 The UK remains a “standout” destination for dealmaking among European peers despite wider economic uncertainty, new data shows. Global law firm White & Case LLP’s M&A Explorer found the UK was the top destination for mergers and acquisitions in Europe in the first six months of the year. Some 1,207 transactions worth a total of $118.6bn [...]