Bank of England should cut interest rates at ‘more cautious pace’, Huw Pill urges October 17, 2025 The Bank of England’s chief economist Huw Pill has renewed calls for interest rates to be cut at a “more cautious pace” in the next year, adding to the likelihood that Bank Rate may be held at four per cent for the foreseeable future. In a speech delivered on Friday, Pill said efforts to lower [...]
NBA franchises jump in value as two top $10bn October 17, 2025 NBA franchises have increased in value by 20 per cent to an average $5.51bn, according to the Sportico 2025 NBA Valuation Report. The data shows the continued growth in the North American league, a league where the lowest-valued team – the Memphis Grizzlies – are worth a colossal $4bn. But the Golden State Warriors have [...]
Protectionism is economic cowardice. Britain must not fall into Trump’s trap October 17, 2025 Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.
I tried a self-driving taxi ahead of Waymo’s UK debut October 17, 2025 When Waymo announced this week that London will host its first European fleet with autonomous taxis hitting the capital’s streets from next year, I thought it was the perfect time to test one out. It’s an unusual feeling, sitting in a car with no one in the driver’s seat, watching it turn, brake and steer [...]
China threatens ‘consequences’ over London embassy delay October 17, 2025 China has unleashed a threat of “consequences” over the latest delay to approving its application for a highly controversial new embassy at the Royal Mint Court site in London, amid escalating diplomatic tensions between the UK and the world’s second largest economy. Chinese Foreign Ministry spokesman Lin Jian has blasted Keir Starmer for failing to [...]
London Broncos miss out on Super League return October 17, 2025 London Broncos have missed out on a return to the Super League despite their new NRL-associated ownership. The London rugby league team were acquired by a consortium fronted by NRL legend and Brisbane Broncos board member Darren Lockyer this autumn and had hoped to get promoted back to the top flight of English rugby league. [...]
London shopping centre to be demolished for major development October 17, 2025 A huge redevelopment proposal for Lewisham shopping centre was given the green light last night, paving the way for hundreds of new homes to be built. Lewisham Council officials voted to approve plans to redevelop the 1970s complex, in a move that will see it turned into 1,700 new homes, 660 student beds and 445 [...]
Ferrari cut UK supply after Labour’s tax raid on wealthy October 17, 2025 The boss of Ferrari has blamed the Labour government’s crackdown on wealth for its decision to cut the number of cars it sells in the UK, saying that a “stabilisation” in demand was happening in the country. Chief executive Benedetto Vigna told the Financial Times that his firm had reduced allocations of its supercars to [...]
England Rugby should buy London Stadium and flog Twickenham land October 17, 2025 How do you solve a problem like increasing the revenues for England Rugby? Up sticks and buy the London Stadium, suggests Ollie Phillips Given the obstacles being thrown towards Allianz Stadium and England Rugby from local residents relating to the number of concerts the home of rugby wants to stage, it is no surprise that [...]
FTSE 100 Live: BBVA Sabadell bid falls through, tax rises in focus October 17, 2025 Good morning from the City PM liveblog team. Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy. She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s [...]
