The Devil Wears Prada star Anne Hathaway buys into SailGP team May 27, 2025 Star of The Devil Wears Prada and Ocean’s 8 Anne Hathaway has become the latest celebrity to buy into SailGP. The actress has joined a consortium led by Assia Grazioli Venier, the co-founder of Muse Capital and youngest ever board member at Juventus, in buying into the Italian sailing team. She follows footballer Kylian Mbappe’s [...]
FTSE 100 nears record high but Trump threat lingers May 27, 2025 The FTSE 100’s latest rally has put it inches away from sealing an all-time high but another tariff twist from the White House threatens the record. The UK’s flagship index was up one per cent to around 8,800p during midday trading on Tuesday as it reversed Friday’s losses made after Trump threatened the European Union [...]
Relentless surge in government debt is unsustainable says BIS May 27, 2025 Policymakers across the world need to get a grip on the relentless surge in public government debt, a leading economist has warned. Agustin Carstens, general manager of the Bank for International Settlements (BIS) said fiscal authorities have a “narrow window” to put their house in order “before the public’s trust in their commitments starts to [...]
Up to 4,000 livelihoods at risk as ABF prepares to pull plug on bioethanol plant May 27, 2025 As many as 4,000 livelihoods are at risk after the owner of Britain’s largest bioethanol plant has warned it could shut within days, citing UK-US tariff policy. ABF, which owns the Vivergo Fuels plant in Yorkshire, has written to farmers warning it planned to suspend purchases of wheat used in the production process unless the [...]
UK is officially the work from home capital of Europe May 27, 2025 Brits work from home more than any other country in Europe, in an indication that corporate return-to-office campaigns have not yet ushered workers back into the office en masse. UK white-collar employees average 1.8 days a week WFH, compared to a global tally of 1.3 days, according to new research by King’s College London (KCL). [...]
Farage unveils Reform UK’s new economic policies May 27, 2025 Reform UK leader Nigel Farage has unveiled a tranche of policies aimed at increasing birth rates in the UK, cutting down on government spending, and reinstating welfare policies as he seeks to capitalise on the party’s popularity. The new policies are part of a wider push from the party to present themselves as “the party [...]
Transport for London proposes 20 per cent hike to Congestion Charge May 27, 2025 Transport for London (TfL) has proposed a fresh hike to the Congestion Charge from January next year, sparking backlash from small business owners. London’s transport body said it would hike fees from £15 to £18, a 20 per cent increase and the first since 2020, according to an announcement on Tuesday. Drivers will then be [...]
Vertical Aerospace: Flying e-taxi firm makes history with cross-country flight May 27, 2025 A Bristol-based firm pioneering the development of flying electric taxis has made European aviation history after successfully piloting a flight across the UK countryside. Vertical Aerospace’s VX4 prototype performed its first “wingborne” flight last week, soaring over the Cotswolds before landing like a conventional aircraft at a nearby airport. It marks a significant milestone on [...]
Hargreaves Lansdown predicts FTSE small cap surge amid low valuations May 27, 2025 Hargreaves Lansdown have backed the investment case for the smallest companies in the UK, predicting that the FTSE small cap sector will rally thanks to its low valuations. Describing the smaller companies investment space as “compelling,” the investment platform noted that over the last five years, the FTSE small cap index (excluding investment trusts) has [...]
Is Natwest set for a deal spree after privatisation? May 27, 2025 As Natwest finally breaks from the shackles of government ownership, the banking juggernaut may be gearing up for an acquisition spree. The FTSE 100 giant is speculated to return to privatisation in a matter of days after the government accelerated its sell off over the last year. Shares in the firm rose one per cent [...]