UK growth to suffer from interest rates hold, industry warns June 19, 2025 The UK economy stands to suffer from high borrowing costs, leading industry figures have warned, after the Bank of England held interest rates at 4.25 per cent on Thursday. The Bank’s Monetary Policy Committee (MPC) indicated that interest rate cuts could come in the coming months after a recent 25 basis point cut in May. [...]
Trump made £260m from golf in 2024, US filings show June 19, 2025 President Donald Trump’s global business empire saw him make £260m from golf in 2024, according to his most recent filings. The latest documents, filed with the US Office of Government Ethics, cover the last year and show that the US leader earned a total of $600m across 2024. Trump’s golf properties range from the highly [...]
Bank of England holds interest rates at 4.25 per cent June 19, 2025 The Bank of England has held interest rates to “squeeze out persistent inflationary pressures” amid tensions between Israel and Iran risking an alarming uptick in energy prices later this year. Officials said high inflation predictions and sticky wage growth figures had led them to opt for interest rates to be kept at 4.25 per cent [...]
The Capitalist: Sexiest Politicians of 2025 List yields shock result June 19, 2025 The sexiest politicians of 2025, Jensen Huang and a day at the races; catch up on the latest gossip in The Capitalist.
PSG enjoy record shirt sales after Champions League victory June 19, 2025 Winning the Champions League has turbocharged shirt sales to record highs for Paris Saint-Germain (PSG). Sales figures for the first week since their new Nike shirt went on sale are higher than any other season sales for a similar time span. The 2024/25 figures are up 37 per cent on the previous club home record [...]
HSBC Championships: Why sponsors can’t get enough of Queen’s Club June 19, 2025 For the last three years, the men’s championship at Queen’s Club has been voted the best ATP 500-level tournament on the circuit by perhaps the most important stakeholders of all: players. The tennis-watching public also seems to love it. Last week’s women’s championship, held for the first time in 50 years, sold out for several [...]
Is Trump going to save TikTok… again? June 19, 2025 TikTok’s future in the US is once again in limbo – but this time, fewer in both Wall Street and Washington are taking the threat seriously. In a move that surprised few but frustrated many, President Donald Trump is reportedly preparing to delay a divest-or-ban deadline for the third time in the last six months, [...]
Vodafone picks Microsoft exec for £2m finance chief role June 19, 2025 Microsoft exec Pilar López is to join Vodafone as its new chief financial officer, the telco giant said on Thursday. López replaces Luka Mucic, the company’s shortest-serving CFO, who is leaving in November for a position as chief executive of the real estate developer Vonovia. She held several positions at Microsoft including as its Western [...]
Co-op boss urges Miliband to support small firms June 19, 2025 The boss of the Co-op has urged Ed Miliband to rectify the host of “far-reaching challenges” impeding small businesses’ net zero efforts, warning that a paucity of cheap finance and planning red tape were getting in the way of firms’ ambitions. In a letter seen by City AM Shirine Khoury-Haq said Britain was at a [...]
Hays: Shares tank after recruiter issues latest profit warning June 19, 2025 Hays has downgraded its annual profit guidance and issued a bleak forecast for the UK’s recruitment market. The London-listed group said it expected pre-exceptional operating profits of around £45m in 2025, well below analyst consensus of £56.4m. Shares tumbled more than 13 per cent in early deals. Firms have been grappling with increases to national [...]