Moody’s cuts America’s pristine credit rating, citing rising debt Economics Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s growing $36 trillion debt pile, in a move that could complicate President Donald Trump’s efforts to cut taxes and send ripples through global markets. Moody’s first gave the United States its pristine “Aaa” rating in 1919 and is the last [...]
To actually preserve the memory of WWII we should look to entertainment Opinion Reverence has a place in WWII commemorations, but if we actually want to preserve the memory of war we must look to entertainment.
Future: Go Compare owner announces share buyback Tech Future has reported a robust set of half year results, with profits and margins holding firm despite a three per cent drop in revenue. In the six months to 31 March, the London-headquatered media platform posted adjusted operating profit of £100.7m, down five per cent from the same period last year. Profitability remained resilient with [...]
EY’s £2bn legal fight over NMC Health audits May 16, 2025 EY faces mammoth legal fight next week over its auditing of a former London-listed health giant that collapsed after allegations of fraud
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Reddit founder Ohanian ‘honoured’ to invest £20m in WSL side Chelsea May 15, 2025 Reddit founder and husband of Sarina Williams Alexis Ohanian says he’s honoured to become an investor in Chelsea Women. The American has invested £20m in the Women’s Super League champions in return for a 10 per cent stake in the London club, valuing them at £200m. Ohanian, estimated to be worth $150m, will be at [...]
ITV grows digital ad sales amid Studios boost May 15, 2025 ITV has kicked off 2025 with a strong showing from its digital arm and a rebound at ITV Studios, helping it stay firmly on track with its turnaround strategy. In a trading update for the three months to 31 March, the broadcaster said digital advertising revenue rose 15 per cent year on year, outpacing the [...]
The Capitalist: This isn’t just blackmail, it’s M&S blackmail May 15, 2025 Embarrassing Ed Miliband, dream dinner party guests and window taxes, catch up with the latest gossip from the Square Mile M&S is clearly playing by the book in its response to the crippling cyber attack launched on its systems over Easter, with talk of a £100m insurance claim to help them get over the losses. [...]