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Business

  • Rolls-Royce, BAE, Babcock: Defence shares rally after Trump remarks

    September 24, 2025

    Shares in London-listed defence firms rallied during early trading on Wednesday after President Donald Trump changed his tune on the Russia and Ukraine conflict. Aerospace firm BAE Systems led the City’s blue-chips with a 1.6 per cent gain to 1,982.50. Meanwhile Babcock was up over one per cent to 1,195 and FTSE darling Rolls-Royce rose [...]

  • Moët & Chandon: Sales slump by £25m at champagne owner

    September 24, 2025

    UK sales at the owner of champagne label Moët & Chandon slumped by £25m during its latest financial year amid “difficult trading conditions”, it has been revealed. Moët Hennessy UK has reported a turnover of £267.1m for 2024, down from the £292.7m it achieved in 2023. The business said its fall in sales was “In [...]

  • Rick Stein’s restaurant group serves up losses as jobs cut

    September 24, 2025

    Rick Stein’s restaurant group served up higher losses in 2024 amid falling sales and job cuts, it has been revealed. Spread across three companies, each entity recorded a lower turnover and widening pre-tax losses for 2024 compared to 2023. The Stein Group includes twelve restaurants, a cookery school in Padstow and a meal kits business. [...]

  • LaLiga overseas game set to be axed as Fifa delays decision

    September 24, 2025

    LaLiga’s hopes of staging a match between Villarreal and Barcelona in Miami in December have suffered another setback with Fifa opting against ruling on the request at its forthcoming council meeting next month.  Sources with knowledge of Fifa’s deliberations have told City PM that it has no plans to formally discuss the controversial issue of [...]

  • Even in Lib Dem Bournemouth, Farage makes the weather

    September 24, 2025

    Two important speeches took place yesterday, attracting, I suspect, very different sized audiences. At the United Nations in New York, US President Donald Trump disregarded the 15 minute slot he’d been allocated to embark on a rambling, contentious, provocative and interesting speech to the assembled nations. Meanwhile, in Bournemouth, the leader of the Liberal Democrats, [...]

  • Rachel Reeves urged to reconsider Labour manifesto tax pledges

    September 24, 2025

    Chancellor Rachel Reeves has been warned that tweaking small levies and relying on the wealthy to contribute to the state would hinder growth as another prominent report has called for Labour manifesto commitments to be reversed.   In a report by the Institute for Government (IfG), Labour strategists were criticised for the party’s “original sin” of [...]

  • Brits forced to raid savings in order to cope with financial uncertainty

    September 23, 2025

    The strain of the cost of living crisis combined with ongoing wider economic problems has forced Brits to change both their spending and savings habits in order to remain financially stable. According to the latest survey from St James’s Place, 18 per cent of 8,000 respondents have had to dip into their savings, while 41 [...]

  • Trump’s culture war turns Europe into a ‘Truman Show’ spectacle

    September 23, 2025

    US President Donald Trump and the American MAGA movement have launched a ‘culture war’ on Europe, says a new think tank report, warning that this transatlantic clash is reshaping European politics. The European Council on Foreign Relations (ECFR) and the European Cultural Foundation (ECF) report, published on Tuesday, claims the US is waging its ‘culture [...]

  • Ed Davey claims Farage will make UK ‘Trump’s America’

    September 23, 2025

    Ed Davey told Lib Dem members that Nigel Farage would make the UK “Trump’s America” if he were elected prime minister, with claims that Reform would destroy the NHS and roll back gun laws among the main messages made by the Liberal Dem’s leader in his conference speech. Speaking to the party faithful in Bournemouth, [...]

  • Charlie Kirk: Ryder Cup is at risk of an assassination attempt

    September 23, 2025

    The Ryder Cup is at risk of an assassination attempt in light of Donald Trump’s attendance and the recent shooting of Charlie Kirk, say US police chiefs. The biennial golf match between the US and Europe in New York is set to begin this week, with President Trump in attendance. Right-wing activist and Trump ally [...]

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