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      Mark Kleinman: Industry steels itself for long road to recovery

      Mark Kleinman is Sky News' City Editor and writes a column for City AM

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4213 Search results for cost of living crisis

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  • Fayder: The fan and athlete platform tackling sport’s funding problem

    August 11, 2025

    Vwaire Obukohwo dreams of rowing for Team GB at the LA 2028 Olympics, although her more immediate concern is how she will afford her weekly food shop. Like many elite athletes, the 23-year-old from south-west London receives some central funding to pursue the ambition of representing her country on the biggest stage.  But funding has [...]

  • Wilderness festival review: silliness and beauty combine to offer five-star escapism

    August 7, 2025

    Around a quarter of the people who attended Wilderness festival this year glamped, swerving the surely horrifying idea of pitching their own tent, and they quaffed champagne at banquet feasts and from lakeside hot tubs. There is no getting around it: Wilderness attracts what the festival likes to call a “bouji” crowd (bosses don’t like [...]

  • Tom Hayes on life as a free man: ‘I was in a very dark place’

    August 7, 2025

    Tom Hayes became one of the most infamous names in the Square Mile after he was convicted to 14 years in prison for rigging the Libor interest rate in 2015. It took a decade for him to clear his name. Ali Lyon meets the former banker to hear about life in prison, and what comes [...]

  • Investors should steer clear of Ed Miliband’s clean energy auction

    August 7, 2025

    Labour’s upcoming AR7 renewable energy auction risks locking in higher energy costs for decades, as political support for net zero falters and public resistance to green subsidies grows, says Maurice Cousins Today applications open for the government’s latest renewable energy auction, Allocation Round 7 (AR7). In Whitehall, it is just another technocratic acronym. But for [...]

  • Mortgage recovery hinges on a Bank of England interest rate cut

    August 6, 2025

    Homeowners across the UK are catching a break as mortgage arrears fell for the first time since the cost-of-living crisis began – but a full recovery will hinge on the Bank of England’s decision on Thursday. Missed mortgage payments in the second quarter fell by 4.4 per cent across the UK, whilst direct debit rejections [...]

  • The Bank of England’s trouble-free decision to cut interest rates

    August 6, 2025

    The Bank of England has long suffered from the accusation of groupthink. Reforms have been mooted – and some have been implemented – but it has struggled to shake off the charge. Economists at the Cato Institute and the National Institute of Economic and Social Research (NIESR) have, for example, pointed the blame at Threadneedle [...]

  • Unilever: Ice cream success boosts sales but profit drops

    July 31, 2025

    Unilever has announced a drop in profit amid expensive disposals and unfavourable currency moves. Turnover at the FTSE100 firm, which owns brands like Dove, Colman’s and Persil, was €30.1bn, down 3.2 per cent year on year. Sales rose 3.4 per cent in the first half of the year, helped by a strong performance in Unilever’s [...]

  • It’s not the rich who fill the gaps when non-doms leave Britain – it’s you

    July 30, 2025

    16,000 high-net-worth individuals are set to leave Britain this year, taking with them jobs, investment and growth. Here’s how we win them back… We talk a lot about wealth in Britain. We just don’t talk enough about what happens when it walks out the door. Because it’s happening. And faster than anyone wants to admit. [...]

  • You can’t fix homelessness without building homes

    July 29, 2025

    Housing First pilot schemes across Liverpool, Manchester and Birmingham have proven to work, taking 1,000 people off the streets. Now the government must roll it out nationwide, says Steve Morgan As far as housing is concerned, I didn’t have the easiest start in life. Growing up I lived in nine different houses before the age [...]

  • London must prepare for new climate extremes

    July 29, 2025

    Floods, extreme temperatures, wildfires… the new London Plan must not treat planning for freak weather as an optional extra, says Emma Howard Boyd London and New York are officially the world’s most globally connected cities. Not only are both classed as ‘supercities’ but they are also the world’s only combined financial, commercial and cultural superhubs, [...]

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