‘Why I’ve spent £50m to take my company global’ December 3, 2025 The chief executive of a travel company has revealed why he has decided to spend £50m on acquiring a Canadian counterpart. Steve Byrne, who leads Manchester-based Travel Counsellors, told Morning Wire how his firm’s first international deal to buy The Travel Agent Next Door (TTAND) will help boost its growth on top of its planned [...]
FTSE 100 Live: HSBC names new chair; Bloomsbury and Google tie-up December 3, 2025 Good morning and welcome back to the Morning Wire liveblog. Are we on the verge of another financial crisis? It’s quite the eerie question but it was one of many posed to the Governor of the Bank of England Andrew Bailey following the latest financial stability report on Tuesday. The head of the central Bank [...]
Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club December 3, 2025 A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up. Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]
Bank of England sounds alarm on leveraged hedge fund bond bets December 3, 2025 The Bank of England has sounded the alarm on international hedge funds snapping up record levels of UK government debt, warning that their highly leveraged bets leave Britain increasingly exposed to a bond market meltdown. In its biannual Financial Stability Report, the central bank said the large share of UK government debt held by risk-seeking asset [...]
Abu Dhabi Finance Week: Where global capital meets innovation December 3, 2025 The Abu Dhabi Finance Week (ADFW) has been rapidly growing over the past few years, scaling to become one of the largest global financial events of the year. With attendance growing by over 100 per cent, representation from over 125 countries and over 600 global institutions, it is on pace to be the biggest financial [...]
Majority of young voters consider leaving London due to cost of living December 3, 2025 A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]
Londoners don’t want Sadiq Khan to run for Mayor again December 3, 2025 The majority of Londoners do not want Sadiq Khan to run for Mayor again in 2028, new polling has shown, with 56 per cent saying London is going in the wrong direction. A Morning Wire/Freshwater Strategy poll of London voters has shown that three in five of the capital’s residents believe that Khan should not [...]
Has Sadiq Khan laid the groundwork for Mayor Zack Polanski? December 3, 2025 According to a recent YouGov survey, just under 20 per cent of Brits think London is in a bad state and worse than the rest of the country. Only 14 per cent of actual Londoners share that view, while 22 per cent of voters in the North think it’s definitely the case. Just under 20 [...]
Silicon Valley has invented its own form of central planning December 3, 2025 With so much capital focused on a small select group of companies like OpenAI and Microsoft we’ve created our own form of central planning, just with corporate overlords instead of government ones, says Lewis Liu The US stock market continues to march toward record territory, with everyone from Big Tech CEOs to Goldman Sachs speculating [...]
Nike and Superdry adverts banned in ‘greenwashing’ crackdown December 3, 2025 Adverts produced by Nike, Superdry and Lacoste which claimed to promote sustainable clothing have been banned by the advertising watchdog as part of a major crackdown on corporate greenwashing. The Advertising Standards Authority (ASA) upheld complaints against the three fashion giants, assessing that environmental claims made in a series of search engine adverts were exaggerated [...]