HSBC: City market’s top firm turns to Asia and Middle East September 22, 2025 HSBC is setting its sights on Asia and the Middle East for further growth prospects after wielding the axe at parts of its European operations. A top boss at Britain’s most valuable bank – and top FTSE100 company by market cap – said both regions have “an enormous amount of capital” which was a significant [...]
Natwest and HSBC shares dip as bank tax chatter heats up September 22, 2025 Shares in Natwest and HSBC dipped on Monday morning as traders digested renewed chatter of a tax hike on Britain’s banking giants. Natwest tumbled as much as 1.3 per cent to 506p when markets opened, while HSBC fell 0.6 per cent to 1,022p. Barclays fell nearly 0.2 per cent to 381p. Lloyds was broadly flat [...]
Without the right tax framework, UK will drive wealth creators away September 22, 2025 Lord Mayor Alastair King will welcome leading family offices to Mansion House this week to explore how Britain can channel its £3.9 trillion in investment assets into scaling businesses, upgrading infrastructure, and keeping the UK globally competitive. Later this week, I will welcome leading family offices from across the globe to the first ever Global Family [...]
Oxford Street one-day traffic ban is start of ‘fight to rescue street’, mayor says September 21, 2025 The mayor of London has said a one-day trial banning traffic from part of Oxford Street marks “the day the fight back began to rescue this street”. Sir Sadiq Khan visited the street, where vehicles were prohibited from accessing a half-mile stretch of the road from Oxford Circus to Orchard Street between noon and 8pm [...]
Arsenal board: Who are CEO and directors after shake-up? September 19, 2025 Arsenal have promoted Richard Garlick to CEO following a major boardroom overhaul that includes the shock departure of executive vice-chairman Tim Lewis. The shake-up just weeks into the new season also sees TV producer and Arsenal fan Ben Winston join the board along with three close associates of owners the Kroenke family. Garlick’s elevation comes [...]
Investec expectations hit by challenging market backdrop September 19, 2025 Investec has said it remains on track despite battling a “challenging macroeconomic backdrop and market volatility” during the first half of its financial year. The FTSE 250 bank said it expects its adjusted operating profit before tax for the six months to be between £451m and £481.8m, in line with £474.7m it recorded during the [...]
Aon’s tech startup approach is redefining life insurance September 18, 2025 When Michelle Lister joined Aon to startup a life consulting practice, she didn’t expect to find a high-performing GPU based life actuarial software ready to use for her projects. But that’s exactly what happened. “The draw was the excitement of having this startup of a business within a global corporate,” says Lister, now UK/EMEA head [...]
Mounjaro sales help almost double Ely Lilly’s UK turnover September 18, 2025 The sale of weight loss drug Mounjaro has boosted the UK turnover of pharmaceuticals giant Eli Lilly by 90 per cent during its latest financial year, it has been revealed. The division of the US group has posted a turnover of £889m for 2024, according to new accounts filed with Companies House. The new total [...]
The “Living Bridge”: Cultivating a new golden era in UK-India relations September 18, 2025 The India Business Group (IBG), an independent strategic advisory company, was established in 2014 by Amarjit Singh to foster the special relationship between India and the UK. The founder and CEO of the India Business Group is a commercial solicitor by background and set up the organisation after observing a palpable interest from UK small [...]
Ben Proud’s Enhanced Games switch puts pressure IOC to use its $5bn September 18, 2025 Rather than wondering why Ben Proud would sign up for the Enhanced Games, it is better to ask why he wouldn’t. The British swimmer’s commitment to the competition with an “anything goes” attitude to performance-enhancing drugs is a wake-up call for the Olympic movement. Money, as ever, lies at the heart of the matter. Proud [...]