FIA and Formula 1 accept General Motors and Cadillac to 2026 grid March 7, 2025 Formula 1 and its governing body the FIA have approved Cadillac’s application to join the 2026 F1 grid. The move comes after their bid was approved for assessment in November following on from major governance changes at General Motors and Andretti. “The FIA and Formula 1 can confirm that, following the completion of their respective [...]
Free Thinking: Will Musk regret putting Trump’s politics before Tesla sales? March 7, 2025 This week on Free Thinking, Alys Denby is joined by writer and City PM columnist Eliot Wilson to discuss whether Elon Musk is paying the price for mixing politics and business.
Football Regulator: Reform UK demand government ‘leave football alone’ March 7, 2025 Reform UK has slammed plans for a football regulator interfering in the Premier League, insisting the government should “leave it alone”. A Westminster Hall debate this week drew sarcastic digs from both sports minister Stephanie Peacock and her shadow counterpart Louie French on the football regulator, which has recently concluded a series of debates in [...]
Lloyds places thousands of jobs under review in tech overhaul February 7, 2025 Lloyds Banking Group has placed thousands of jobs in its IT division under review as the lender races to beef up its engineering teams and modernise its digital banking offer, City PM can reveal. The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of [...]
What the Bank of England interest rate cut means for your money February 6, 2025 Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, wealth manager Quilter has warned. Financial planner at Quilter Holly Tomlinson said the 25 basis point cut will be “good news” for borrowers, whilst savers will be stung by lower returns on deposits. Tomlinson said: “Banks [...]
Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how January 24, 2025 A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]
Tennis star Taylor Fritz donates Australian Open prize money to LA fire relief January 16, 2025 California-born tennis star Taylor Fritz has pledged to donate some of his Australian Open prize money to help victims of the fires that have swept through LA. The American men’s No1 is giving his first-round winnings of A$132,000 (£67,000) to relief efforts as the wildfires continue to wreak devastation on the city. “I just want [...]
UK braced for heavy snow and freezing rain amid amber weather warnings January 4, 2025 Large parts of the UK will be hit by heavy snow and freezing rain which could lead to disruption this weekend amid two amber weather warnings. Stranded vehicles on the roads, delayed or cancelled rail and air travel and power cuts are likely as the country grapples with a week-long spell of wintry conditions, the [...]
Mystery as Banksy artwork on Brick Lane disappears overnight December 5, 2024 An artwork by Banksy on Brick Lane which first appeared in the summer has been removed overnight for reasons yet to be confirmed.
Founder Favourites: How to make a multimillion-pound business selling biscuits December 4, 2024 Building a successful business takes a focused mind and a steady hand. One look at the intricate biscuits made by entrepreneur Harriet Hastings, and it’s clear she has both. In this episode of Founder Favourites, Hastings tells Jennifer Sieg and Emmanuel Nwosu how she launched and scaled her multimillion-pound biscuit brand, Biscuiteers, in the span [...]
