Toast the City: Could Ibai be the best Square Mile restaurant? August 19, 2025 To get you in the mood for out Toast the City Awards celebrating everything that makes the Square Mile great, our Life&Style editor writes about one of his favourite City restaurants, Ibai Creating a vibe is a tricky business. You can have the most beautiful dining room in the world and somehow end up with [...]
US Open Mixed Doubles Championship a smart revenue extractor August 19, 2025 The US Open Mixed Doubles Championship gets underway today but it has been controversial. But does it strike a balance between being fresh and just a money maker? At some point later today it is likely that tennis fans will watch former grand slam winner Emma Raducanu face off against British No1 Jack Draper. This [...]
UK growth revised up two years late August 19, 2025 The UK economy grew slightly more in 2023 than previously assumed due to a change in how official statisticians calculate research and development (R&D) data, the Office for National Statistics (ONS) said. Reflecting the difficulties in adding up output and consumption figures, the ONS said it was including new figures on tax data for R&D [...]
Great Portland Estates calls in lawyers to investigate culture August 19, 2025 Shares in Great Portland Estates (GPE) have recovered some losses this morning after reports surfaced of a whistleblower complaint about culture at the FTSE 250 office landlord over the weekend. GPE, which has a London office portfolio worth £2.9bn, has since called in lawyers to investigate the allegations in light of the complaint by a [...]
Monzo to follow Revolut and Klarna with launch of mobile service August 19, 2025 Monzo has become the latest fintech darling to expand its lifestyle reach with the firm exploring the development of mobile phone services. The London-based firm is looking to offer a Monzo-branded service to its over 12 million in account holders. The service would follow rival Revolut issuing plans in April to enter the mobile market [...]
Surging food inflation hits restaurant sales August 19, 2025 Food inflation is accelerating once again, eating into consumers’ pockets and pushing prices higher across the board. Inflation at the grocers hit five per cent in the four weeks ended August 10, down from 5.2 per cent in the previous month but well above the wider UK rate of 3.6 per cent. Real wage growth, [...]
Most millionaires envisage better life away from the UK August 19, 2025 Nearly two thirds of millionaires envisage a better quality of life outside the UK, according to a new poll that suggests a growing pessimism among the better-off. The poll of over 1,000 UK residents with a net worth of at least £1m has suggested that Brits are less positive about life at home as 60 [...]
UK backs down on plans to force Apple to share encrypted user data August 19, 2025 The British government has backed down on plans to force Apple to share encrypted user data, according to President Trump’s intelligence chief. Tulsi Gabbard told the Financial Times that the government has agreed to abandon its demands for a “back door” for data. US vice-president JD Vance reportedly intervened to broker the exemption for the [...]
BHP profit hits five-year low amid weaker iron ore prices August 19, 2025 Profit at BHP has slumped to a five-year low as lower iron ore prices and economic turbulence have hit the mining giant. The firm posted underlying attributable profit of $10.2bn (£7.6bn) in the year to June, a decline of 26 per cent compared to last year and the lowest since the start of the pandemic [...]
Applied Nutrition beats expectations with double-digit growth August 19, 2025 Protein shake maker Applied Nutrition has exceeded the guidance it gave at its IPO, with revenue up a quarter in the last year. The health and wellness brand, which listed on the London Stock Exchange last October, gave a provisional estimate of its full-year earnings on Tuesday morning. Group revenue for the year ended July [...]
