Week in Business: Will Starmer sack Rachel Reeves? May 23, 2025 Cracks are appearing in Labour's economic strategy - will Keir Starmer roll the dice and look for a new Chancellor to change course?
Bloomsbury: Profit falls at Harry Potter publisher despite sales rise May 22, 2025 Profit at Bloomsbury Publishing, the giant most known for the Harry Potter series, was cut by almost a fifth during its latest financial year despite revenue rising. The London-listed company has reported a pre-tax profit of £32.5m for the year to 28 February 2025, down from the £41.5m it achieved in the prior 12 months. [...]
Why are the Tories polling behind the Lib Dems? May 20, 2025 The Lib Dems have polled above the Conservatives for the first time, a new survey has found, dealing a blow to the so-called natural party of government. The new poll means the Conservatives have slumped to fourth place, a downgrade one party source said had “put a pit in my stomach” and could be “the [...]
British ports request £120m for ‘white elephant’ Brexit border posts May 20, 2025 British ports are demanding £120m in compensation after being forced to invest millions in post-Brexit border control posts rendered “obsolete” by Keir Starmer’s new EU deal. Monday’s UK-EU trade deal committed to removing border checks on plant, animal and food imports from the EU member states. The deal was welcomed by the port industry, but [...]
Exclusive: Channel 4 launches video on Spotify May 20, 2025 Channel 4 has become the first UK broadcaster to bring video programming to the streaming platform, in a move that will see episodes from its youth-focused digital brand. While Spotify continues to broaden its video offerings beyond just music and podcasts, Channel 4 is seeking to expand its reach among a younger audience through new [...]
One in four Brits cling to bank branches as closures soar May 20, 2025 Brits remain keen for in-person banking even as high-street sites shutter, a fresh report from the Financial Conduct Authority has revealed. One in four current account users still opted to use branch services in the year to May 2024 despite their waning availability. The figure marks a steep drop from 63 per cent in 2017, [...]
European leaders talk of war, but I keep getting out of offices May 20, 2025 Europe talks a hard game on defence, so why is the ministry of defence more concerned with horse dentists, asks Michael Martins.
Is this a sweet trade deal with the EU – or does it sound a bit fishy? May 19, 2025 Keir Starmer will be boasting about his latest catch in international diplomacy: a trade deal with the European Union, which the government hopes will boost the chances of landing higher growth. In an agreement that hands EU boats continued rights in British seas until 2038, slashing red tape on food checks and increasing cooperation on [...]
Terms emerge on UK-EU ‘reset’ talks May 19, 2025 Decisions on security, the youth mobility scheme, fishing and agriculture are anticipated to emerge from today’s UK-EU “reset” summit. These talks are part of a routine five year review of the UK-EU trade and cooperation agreement, which was signed in 2020. While agreements on key aspects of the deal have been completed, Trade Secretary Jonathan [...]
Ryanair profit falls as Boeing delivery delays bite May 19, 2025 Ryanair’s annual profit dipped significantly in its latest financial period despite passenger numbers reaching record levels, as the Irish airline took a swipe at Boeing for aircraft delivery delays. Europe’s largest airline reported a 16 per cent decline in post-tax profit to €1.61bn (£1.4bn) over the 12 months ended 31 March. Ryanair blamed the drop [...]