London City Lionesses spend world record £1.4m on Grace Geyoro September 5, 2025 London City Lionesses have made a huge statement of intent on the eve of their Women’s Super League debut by signing France star Grace Geyoro for a new world record fee of £1.43m. The Bromley-based club, who are bankrolled by billionaire women’s football investor Michele Kang, have overhauled their squad with 17 new signings since [...]
Uber’s UK arm warns on profit amid rising costs September 5, 2025 Uber has warned it may not remain profitable in the UK because of rising costs despite its revenue surging by more than £1bn during its latest financial year. The US giant has said it will need to generate and sustain increased revenue levels while lowering proportionate expenses in the coming years “to achieve profitability in [...]
Ashmore: Preparing for emerging market growth September 5, 2025 Emerging markets specialist Ashmore reported a decline in total adjusted net revenue of 22 per cent to £146.5m in its latest fiscal period. Net management fee income declined 19 per cent to $129.7m, (£95m) causing a margin drop to 35 basis points from the 39 recorded last year. AUM stood at $47.6bn, a 3 per [...]
Retail sales see July boost but firms warn of tough winter ahead September 5, 2025 British retail sales rose more than expected in July, boosted by good weather and the UEFA Women’s Euros 2025 tournament. However, extensive revisions to previous months’ data have revealed a less volatile but ultimately slower growth picture for the year. The Office for National Statistics (ONS) today released its latest figures, showing that sales volumes [...]
French Top 14 balances financial ambition with sensible watchdog September 5, 2025 The return of Prem Rugby may be another few weeks away but action in one of Europe’s big three leagues begins this weekend. The French Top 14 is back on our screens and is an example of just how brilliant domestic rugby can be. It leverages the love of rugby among its watching public with [...]
M&A activity declines as investors opt for high-value deals September 5, 2025 UK merger and acquisition (M&A) activity declined in the first half of the year, as investors sought strategic deals amid market volatility. The total deal value of UK M&A declined 12.3 per cent from £65.3bn to £57.3bn according to a report from professional services group PwC. Deal volume also softened with just 1,478 transactions in the [...]
Bank of England ‘under pressure’ to slow bond sales amid market tumult September 5, 2025 The Bank of England should slow its quantitative tightening programme and stop active sales of long-dated bonds entirely in the wake of this week’s bond rout that saw the cost of long-term borrowing soar to its highest level this century, a group of top economists has said. Markets were rocked by a global sell-off in [...]
Rayner’s lawyers: ‘We are being made scapegoats’ September 4, 2025 The law firm used by under-fire Angela Rayner for the purchase of an £800,000 flat in Hove say that they have been made “scapegoats” and did not give the Deputy Prime Minister any tax advice. In a statement issued to The Telegraph, Joanna Verrico, managing director of the family-run firm, said that their procedure is [...]
Premier League spending gap shows why rivals are plotting overseas games September 4, 2025 It’s more than 10 years since Bernard Caiazzo, then the co-president of French club Saint-Etienne, called on Uefa to take steps to curb the rampant financial power of the Premier League. Caiazzo’s warning came after the English top division had just announced its latest record-breaking media rights deal, which he said could see it become [...]
Starmer refuses to say he’ll sack Rayner if she broke ministerial code September 4, 2025 Keir Starmer has refused to confirm that he would sack Angela Rayner as housing secretary – and deputy PM- even if the government’s ethics adviser finds that she has broken the ministerial code. In an interview with the BBC, Starmer said he would “make a decision on what I see” in a report expected to [...]
