Healthcare firm Totally weighs sale as it faces eight-figure medical negligence claim May 1, 2025 Totally is exploring a sale of one or more of its subsidiaries to shore up its balance sheet after the firm revealed it faces an eight-figure medical negligence claim. The Derby-based business is to undertake a “strategic review” under which it will consider “selling one or more of the company’s subsidiaries”, “receiving strategic investment or [...]
Lloyds costs soar as lender increases provisions after tariff turmoil May 1, 2025 Lloyds Banking Group’s profit took a hit in the first three months of the year as the domestic-focused bank’s operating costs soared. The FTSE 100 giant, which includes Lloyds, Halifax and Bank of Scotland, met analyst expectations for pre-tax profit at £1.5bn – marking a seven per cent drop from the first quarter of 2024. [...]
The Capitalist: Ian King’s sendoff, Guido adventures and your workplace weather rights May 1, 2025 Ian King's Sky sendoff, the man behind Guido Fawkes and your workplace weather rights; catch up on the latest gossip in The Capitalist.
Sadiq Khan is squandering the success of the Elizabeth Line May 1, 2025 Despite the popularity and success of the Elizabeth Line, other major transport projects in the capital are in limbo, writes James Ford Everybody loves the Elizabeth Line, right? There are the sleek, open-plan trains, the breathtaking, well-designed stations and, perhaps best of all, there are the smooth and swift journey times that have created new [...]
Britain is going to the polls, but what’s the point of metro mayors? May 1, 2025 Voters will elect four new regional mayors today, but until we give them proper powers over tax, devolution will remain a fig-leaf for deeper structural problems, says Jamila Robertson Today, voters head to polling stations to elect four regional mayors (two of which are new roles for 2025, with six to come in 2026). This [...]
Trump points finger at Biden as US stocks sink amid recession fears April 30, 2025 Donald Trump has lashed out at Joe Biden, insisting that his presidential predecessor was to blame after the US economy suffered its worst-performing quarter in three years. A slew of disappointing economic data sent US stocks sharply south on Wednesday as the clearest signs yet of the damage wreaked by the White House tariff agenda [...]
London’s AI surge at risk from skills crunch, Amazon warns April 30, 2025 London businesses are embracing artificial intelligence (AI) faster and more comprehensively than the rest of the UK, but the capital’s acute digital skills shortage risks limiting the broader economic gains from this progress. New research from Amazon Web Services (AWS) revealed exclusively to City AM that 67 per cent of London-based businesses have now adopted [...]
10 Things You Need to Know Before Investing in Your First Whisky Cask April 30, 2025 The whisky cask market has experienced significant growth over the past decade, quietlyoutperforming other luxury assets, such as fine wine and vintage cars. With Scotch whisky exports reaching £5.4bn in 2024, showing a steady increase of around 36.7per cent over the last decade, the long-term outlook for cask whisky remains strong, providedinvestors know what to [...]
UK fintech Revolut expands lifestyle reach with mobile plans April 30, 2025 Revolut is to offer mobile plans to customers as the UK fintech continues to diversify its product range. The Canary Wharf-based business is looking to enter the mobile market in the UK and Germany later this year before eying further market expansion. Revolut said its plans will include unlimited calls, texts and data at home, [...]
Santander UK’s provisions surge after branch closure backlash April 30, 2025 Santander UK was struck with a surge in provisions in its first-quarter report as backlash mounted to its branch closure operation. The Spanish-headquartered lender’s provisions for liabilities and charges rose 69 per cent to £140m. The firm said £42m of this was driven by “charges relating to changes to our branch network”. This comes as [...]