Lammy and Vance host national security advisers ahead of Trump-Putin summit August 9, 2025 The Foreign Secretary will host a meeting of allied national security advisers on Saturday as Donald Trump pushes for a peace deal in Ukraine. Downing Street announced that the meeting at David Lammy’s official country retreat, Chevening, would bring together advisers from the US, Europe and Ukraine to “discuss progress towards securing a just and [...]
Motor finance: Lords sound alarm on FCA’s redress scheme August 8, 2025 The House of Lords’ Financial Services Regulation Committee has sounded the alarm on “market uncertainty” around the UK financial watchdog’s upcoming motor finance redress scheme. In a letter addressed to the Financial Conduct Authority’s chief executive Nikhil Rathi, the committee “considers it of importance” to receive further insight into the forthcoming scheme. The City watchdog [...]
River Island saved from brink of administration but stores to close August 8, 2025 High street retailer River Island has been saved from the brink of administration after a High Court judge approved its restructuring plan
Interest rates likely to remain higher for longer August 8, 2025 Markets are indicating interest rates are set to stay higher for longer than expected after the Bank of England’s “hawkish cut” and gloomy inflation and growth forecasts shocked City analysts. Prior to the Bank’s interest rate cuts, markets had all but priced in a further 25 basis point cut by the end of the year, [...]
Democracy is under threat in Spain August 8, 2025 The Montoro affair has exposed a systemic corruption within Spain’s tax agency, where it is weaponized for political and private gain by successive governments, thereby threatening the very foundations of the nation’s democracy, says Robert Amsterdam The Montoro affair reveals a systemic corruption that threatens the very foundations of Spanish democracy. Spain’s reputation for institutional [...]
Five top paying savings accounts – earn up to 7.5 per cent August 8, 2025 Savings accounts are staging a fiery comeback as UK providers battle to attract customers. With the cost-of-living still rumbling on and interest rates beginning to shift, there’s prime opportunities to put money to work. A number of top accounts have upped rates in recent months – some over seven per cent – helping in a [...]
Jaguar Land Rover: Trump’s tariffs cost car maker millions August 8, 2025 Jaguar Land Rover has revealed how much US President Donald Trump’s tariffs have impacted its finances during the first three months of its financial year. The car maker has confirmed that its revenue in the three months to 30 June, 2025, fell by 9.2 per cent to £6.6bn. Its pre-tax profit was also slashed by [...]
Gold market turmoil as tariffs and Fed governor drive prices higher August 8, 2025 The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew of new tariffs including hefty duties on kilo gold bars from Switzerland. The precious metal rose more than one per cent through across Wednesday and Thursday – taking the spot price above $3,400 per [...]
Exclusive: WSL facing row with clubs over in-game manager interviews August 8, 2025 Women’s Super League chiefs are facing a row over demands that clubs make their managers available for broadcast interviews during matches next season. At least three clubs are understood to have objected to the radical proposal, which would apply to each team at least once per season. There has also been disquiet at what some [...]
Maserati: UK profit surges as sales accelerate August 8, 2025 Profit at the UK arm of Maserati has almost doubled in the last four years as its sales continue on their upward trajectory. The car maker, which is owned by Stellantis, has reported a pre-tax profit of £326,000 for 2024, up from the £321,000 it posted in 2023. The latest figure is up from the [...]
