War of words heats up as private credit bosses round on banks October 29, 2025 The war of words between banks and private credit ratcheted up on Wednesday, after a trio of bosses from private lenders rounded on claims their industry played a pivotal role in a string of recent debt-related collapses, branding it “misinformation”. During a fiery evidence session in the House of Lords, executives from alternative investment giants [...]
Christmas markets 2025: London’s 9 best foodie and shopping spots October 29, 2025 The best Christmas markets: 2025 welcomes new additions alongside the classic returners Now that the clocks have changed, it is officially the season: many of the capital’s festive markets are preparing to open for the festivities. Dress up warm: here’s our pick of where to shop for anything from a delicious mulled wine to a [...]
Three ways to build start-ups faster and with less investment October 29, 2025 CEOs that keep innovating and are advanced users of AI see up to 4x revenue growth than those that don’t, says Paul Jenkins When there’s a period of uncertainty, it’s easy to retrench and focus on short-term gains. To freeze hiring, cut projects and hold off investments. And, it’s hard not to feel a gravitational [...]
Goldman Sachs’ Solomon plays down private credit fears October 29, 2025 Top Wall Street executives have downplayed the likelihood of a private credit downturn sparking a wider economic crisis, despite a string of major lenders setting aside billions of dollars to manage potential defaults on their balance sheets. Goldman Sachs boss David Solomon dismissed the growing chorus of voices warning that tremors in the private credit [...]
Nokia shares up 20% as Nvidia takes $1bn stake October 28, 2025 Nokia shares soared as much as 20 per cent on Tuesday after announcing that Nvidia will take a $1bn equity stake in the Finnish telecoms group and partner on developing next-generation 6G and AI. The deal will see Nvidia purchase more than 166 million new Nokia shares at $6.01 each, giving the American chipmaker a [...]
Lawyers to rethink personal tax structures as Reeves set to target LLPs October 28, 2025 Chancellor Rachel Reeves’s proposed tax raid on LLPs may force partners to work longer or reconsider their retirement plans, with significant financial implications for many professionals. It was reported last week that Reeves is targeting limited liability partnerships (LLPs) in a tax raid as she tries to fill a fiscal black hole. The proposed 15 [...]
Why are asset managers turning away from the US? October 28, 2025 Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw a significant bounce back in recent months, shaking off the lows that followed Trump’s tariff announcement in April, with investors not yet losing their appetite [...]
Will Big Tech earnings pop the AI bubble? October 28, 2025 This week, the world’s most powerful firms, Microsoft, Meta, Alphabet, Amazon and Apple, will announce their quarterly results, which could either propel Wall Street to new highs or puncture the AI so-called ‘bubble’. Together, these five firms make up a quarter of the S&P 500’s value, and have collectively added over $6tr (£4.5tr) to their [...]
AI browser wars: How Gemini and Atlas are redefining the attention economy October 28, 2025 The new generation of AI browsers, from OpenAI’s Atlas to Google’s Gemini, aren't about search, but sense-making, writes Paul Armstrong.
Amazon to cut 10 per cent of workforce amid AI pivot October 28, 2025 Amazon is preparing to axe as many as 30,000 corporate jobs worldwide this week, in what could mark its largest round of layoffs since 2022. The Seattle-based technology giant plans to begin cuts as soon as Tuesday, according to Reuters, targeting around 10 per cent of its 350,000-strong corporate workforce. Amazon employs more than 1.5 [...]