IMF upgrades UK growth forecasts despite tariff turmoil May 27, 2025 The International Monetary Fund has upgraded its forecast for UK economic growth this year, despite warning that turmoil around US tariffs will stymie performance. The global body upgraded GDP growth predictions for the UK in 2025 to 1.2 per cent, up from the 1.1 per cent it had forecast last month. However, economists at the [...]
UK nightlife economy under pressure as venues struggle May 27, 2025 The UK’s nightlife industry, once a powerful driver of urban business, faces mounting pressures as shifting consumer habits, economic headwinds and regulatory challenges tighten the squeeze on late-night operators. Phil Urban, chief executive of one of the UK’s largest pub and bar chains, Mitchells & Butlers, has warned that the late-night segment is “the toughest [...]
Investec Champions Cup: Cardiff, Chippy Lane and rugby’s selling point May 26, 2025 Walking down Cardiff’s iconic “Chippy Lane” in the shadow of the Principality Stadium on Saturday night after the Investec Champions Cup final was a reminder of the very best of club rugby. Bordeaux fans celebrating their 28-20 victory alongside Northampton Saints fans drinking away their sorrows – before the mad dash back across the border [...]
Alexis Ohanian, Chelsea and how to value women’s football teams May 26, 2025 Alexis Ohanian’s investment in Chelsea Women has raised questions about how to arrive at accurate valuations for women’s football teams. City AM asked industry experts. Reddit founder Alexis Ohanian was at Wembley last weekend for the Women’s FA Cup final, as the new investor in Chelsea Women saw his side complete a domestic treble with [...]
City Police sack two over social media misuse amid rising distrust May 26, 2025 The City of London Police has dismissed two employees for social media misuse, following internal investigations into inappropriate online conduct over the past two years. From 2024 onwards, four staff members of the police covering the Square Mile were investigated for inappropriate online conduct, City AM understands. This resulted in dismissals and formal warnings in [...]
Was Rayner’s leaked memo an early play for party leader? May 26, 2025 Rayner's 'leaked' memo was a reminder that she is cut from different stuff than our iron Chancellor, but was it strategic, asks Eliot Wilson.
Broadcaster and former BBC executive Alan Yentob dies aged 78 May 25, 2025 Former BBC executive and TV presenter Alan Yentob has died at the age of 78, his family has announced. Yentob joined the BBC as a trainee in 1968 and held positions as controller of BBC One and BBC Two, director of television, head of music and arts, as well as the director of BBC drama, [...]
Trump condemns UK net zero push May 23, 2025 Donald Trump has publicly criticised the UK’s net zero policy, saying it is disincentivising oil drilling and needlessly inflating energy prices. In an unusual intervention, the US President said that the UK’s North Sea reserves still had “a century of drilling left”, which if tapped would help bring costs down, “and fast”. “I strongly recommend [...]
Telegraph bought by US private equity giant May 23, 2025 The Daily Telegraph is poised to be sold to an investment consortium led by a US private equity firm, bringing a likely end to two years of uncertainty over its ownership. Redbird Capital Partners, one half of the vehicle which first bought the broadsheet newspaper from Lloyds bank in 2023, is the lead investor in [...]
Government slammed over digital safety, as MPs demand tougher screen time controls May 22, 2025 The UK government has come under fire from education leaders and MPs after issuing what has been branded a “disappointing” and “lacking urgency” response to calls for tighter regulation around children’s screen time and digital safety. The Education Select Committee has condemned ministers for downplaying recommendations from its May 2024 report on screen time, which [...]