World’s biggest padel club: Rowland eyes mega project after taking racket sport public November 5, 2025 British entrepreneur Jonathan Rowland has stepped up plans to build the world’s biggest padel venue by creating the first listed investment vehicle focused on niche racket sports. Rowland today announced a deal to use Aquis-listed VVV Sports to acquire his R3 Sport, which operates tournaments, manages players, and has retail and distribution partnerships in padel. [...]
Abramovich hits out at UK government over frozen £2.3bn Chelsea proceeds November 5, 2025 Former Chelsea owner Roman Abramovich has criticised the government over moves that have “paralysed” his £2.3bn windfall from the sale of the Premier League club. Following the invasion of Ukraine, the Russian billionaire sold the Stamford Bridge club to a consortium fronted by American Todd Boehly, with the proceeds placed in a frozen bank account [...]
Don’t penalise banks amid private credit jitters, Lloyds boss urges November 5, 2025 The chef executive of Lloyds Banking Group has weighed in on the bubbling tension in the private credit market with a stark warning. In a session with the House of Lords Financial Services Regulation Committee, Charlie Nunn said the UK needed to be “very careful not to make banks accountable for the risks of the [...]
North Sea oil and gas production decline labelled an ’emergency’ November 5, 2025 Tory leader Kemi Badenoch has declared an oil and gas “emergency” in the North East of Scotland as she pushes the Labour government to overturn its ban on new oil and gas licenses. Badenoch has pledged to “get Britain drilling again” in a new campaign in partnership with the Scottish Conservatives. The announcement marks the [...]
Chancellor urged to back long-term prosperity in upcoming Budget November 5, 2025 A leading UK wealth manager has urged Chancellor Rachel Reeves’ to back wealthy individuals focused on building wealth and increasing UK investment in the November Budget. Rathbones has called on the government to offer support to wealthier Brits in this month’s Budget in order to drive long-term, sustainable investment and end the cycle of weak [...]
London house price growth to lag behind rest of UK until at least 2030 November 5, 2025 The capacity for house prices growing in London over the next five years is limited, according to property giant Savills, while Scottish and Northern prices are set to soar. By 2030, prices in the North West of England are expected to rise nearly a third to sit just 15 per cent below the UK average, [...]
International rugby player charged over alleged £70,000 crypto theft November 5, 2025 An international rugby player has been charged with fraud over an alleged crypto theft worth £70,000. Former NRL rugby league star Trent Merrin was arrested this week and charged with dishonestly obtaining a financial advantage by deception. The seven-time Australia international and former Dragons and State of Origin forward, 36, stands accused of stealing from [...]
High Court rejects Square Mile Tom James’ legal case against former employee November 5, 2025 The High Court has dismissed a lawsuit to enforce restrictive covenants and confidentiality obligations against a former employee of giant Tom James in the Square Mile. Tom James is the world’s largest manufacturer and retailer of customised clothing, and in the City, where some suits are priced at around £2,500, it tailors to working professionals. [...]
Andrew Bailey: Bank of England Governor to have ‘deciding vote’ on interest rates November 5, 2025 Bank of England Governor Andrew Bailey is set to have the deciding vote on whether to slash interest rates by 25 basis points, analysts have said. The Bank is expected to keep interest rates on hold at four per cent but several analysts have said the decision is on a knife-edge, with four Monetary Policy [...]
Lloyds boss ‘concerned’ with motor finance impact on UK investability November 5, 2025 The boss of Lloyds Banking Group told has lawmakers there was a “deeply important” investability issue in the financial watchdog’s proposed motor finance redress scheme. Charlie Nunn said, in a session with the House of Lords Financial Services Regulation Committee on Wednesday, he was “concerned” about investability and sentiment towards the UK following the regulator’s redress. “Having a [...]
