European markets rally as Trump and EU ink trade deal July 28, 2025 Markets across Europe opened in the green on Monday morning after President Donald Trump sealed a trade deal with the EU after months of discussion. The Cac 40 in Paris was up over one per cent and Germany’s DAX and Amsterdam’s AEX nearly one per cent. In London, the FTSE 100 jumped over 0.4 per [...]
Wasabi: Sushi restaurant chain sheds jobs as profit slashed July 28, 2025 Profit at popular London sushi restaurant chain Wasabi has been slashed as it shed more than 100 jobs during its latest financial year, it has been revealed. The business has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House. The latest total comes after Wasabi posted a pre-tax [...]
Goods now make up just 40 per cent of UK exports July 28, 2025 The proportion of UK exports made up of goods has sunk to a record low, with the economy ever more dependent upon services. That’s according to analysis done by the Financial Times based on Office for National Statistics (ONS) data, which found that goods now account for just 40.8 per cent of exports. Back in [...]
Christian Dior: UK sales and profit slashed despite demand for watches and jewellery July 28, 2025 Sales and profit at the UK arm of Christian Dior have been slashed despite the uptick in demand for the luxury fashion brand’s watches and jewellery. The London-based division’s revenue fell from £32.4m to £280m in the year while its pre-tax profit was also cut from £46.6m to £27.6m over the same period. Its latest [...]
Wood Group likely to recommend takeover sparking delisting fears July 28, 2025 London-listed engineering and consulting firm Wood Group said it is likely to recommend a takeover by Middle Eastern-based privately owned company Sidara sparking another potential delisting from the London Stock Exchange. Wood said on Monday that Sidara, formerly known as Dar Al-Handasah, had expressed interest in acquiring the group with a 35p per share deal. [...]
Trump secures ‘big win’ in EU trade deal after Brussels retreats July 28, 2025 President Donald Trump has achieved a “big win” after inking a trade agreement with the European Union following a months-long standoff between two of the world’s largest economic titans. The US President met with European Commission President Ursula von der Leyen in Scotland to continue trade discussions as part of his four-day private visit to [...]
Surj leads £30m investment in T100 to bolster Saudi Olympic ambitions July 28, 2025 Saudi Arabia’s Surj Sports Investment has backed T100 to be the “growth engine” for triathlon after leading a £30m funding round in its parent organisation, the PTO. Surj, an arm of the Public Investment Fund (PIF) with stakes in Dazn, the Professional Fighters League and Kings League, was the biggest backer of the PTO in [...]
Great British Railways risk repeating British Rail mistakes July 28, 2025 Plans for the government’s flagship rail reform body, Great British Railways (GBR), risk reviving the failings of the past if urgent changes aren’t made, a leading think tank has warned. A new report from the Centre for Policy Studies (CPS) cautions that the structure of GBR could stifle innovation, reduce accountability, and discourage competition, particularly [...]
Stonehenge and glitter: Inside the Bank of England’s new banknote consultation July 28, 2025 The Bank of England first began issuing banknotes in 1694, and today there are 4.7bn sterling banknotes in circulation, worth a combined total of £86bn. And while the use of cash as a method of payment has dropped from around one in two transactions to one in four over the past decade, cash remains a [...]
Pension Commission is an attempt to diffuse UK’s ticking pensions time bomb July 28, 2025 Our pensions system is a ticking time bomb that could detonate within a generation. The Pension Commission will try to defuse it, writes Alastair King.
