London businesses optimistic for future economic growth, KPMG says August 18, 2025 The vast majority of private business owners in London have recorded rocketing optimism about their growth prospects, but concerns surrounding the impact of inflation remain, according to the latest KPMG private enterprise barometer survey. Following a challenging first financial half of the year, with businesses hit with tariff turmoil and ongoing geopolitical tensions, confidence in [...]
More US investment in Premier League than other major football leagues August 18, 2025 There are more clubs in the Premier League with US investment than in any other of the major European football leagues, a new report has shown. Over half, 13, of the 20 Premier League clubs in England have US investor participation, ranging from 100 per cent ownership down to smaller stakes. The PitchBook report shows [...]
Ozempic sales surge as priced-out Mounjaro patients seek cheaper alternative August 18, 2025 Ozempic sales have risen five-fold after a 126 per cent rise in the price of the Mounjaro drug due to pressure from US President Donald Trump. Mounjaro, manufactured by U.S. pharma giant Eli Lilly, has been the UK’s most popular weight loss jab, prescribed to an estimated 90 per cent of the country’s patients. But around [...]
Bank of England may face lower inflation despite ‘Oasis bump’ August 18, 2025 Bank of England forecasts on inflation for July could be too high despite suggestions Oasis concerts could make prices jump, forecasters have said. The Bank’s last Monetary Policy Report took a gloomy view on the state of the UK economy as it claimed inflation would hit 3.8 per cent in the month of July. But [...]
Rental crisis in London worsens: ‘Payments border on the obscene’ August 18, 2025 Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 per cent of their earnings on rent last year, up from 38 per cent in 2023 and the highest figure since 2021. The cost of [...]
Close Brothers shares downgraded despite motor finance win August 18, 2025 Analysts have slapped a downgrade on Close Brothers stock despite the bank’s motor finance win last month at the Supreme Court. The FTSE 250-listed bank’s stock rating was lowered to ‘Sector Perform’, down from previous ‘Outperform’ expectations. Close Brothers shares were down over four per cent in early trading to 494.80. It comes after the [...]
Burford Capital in talks to buy stakes in US law firms August 18, 2025 Legal financial firm Burford Capital is in talks to buy stakes in a US law firm, the identity of which has not been disclosed
UK must change Bitcoin rules to catch up with Trump August 18, 2025 While Donald Trump pledges to make the US the “crypto capital of the world” the UK is slipping behind with outdated Bitcoin regulations.
Stephen Kinnock quizzed on his dad’s calls to ditch two-child benefit cap August 18, 2025 Stephen Kinnock said that discussions in government around scrapping the two-child benefit cap are “ongoing”, when asked about his father Lord Kinnock’s calls to ditch the policy. In an interview with BBC Breakfast, the health minister said: “Decisions about the Budget, decisions like that have major financial implications, they are a matter for the Chancellor.” [...]
Tory MP takes chainsaw to workers’ rights package in new video August 18, 2025 The shadow secretary of state for business has channelled Argentina’s red-tape-slashing President, Javier Milei, in a new video in which he vows to “take a chainsaw” to the government’s 300-page workers’ rights overhaul. Tory MP Andrew Griffith filmed himself cutting through the tome of new legislation that the Employment Rights Bill will foist on employers, [...]
