World-leading office demand and a severe supply crunch meet in London October 30, 2025 New research shows that London is the most attractive European city for commercial office investment, but its future is under threat from a lack of construction. Central London has the lowest vacancy rate among international peers – two thirds lower than Manhattan’s – demonstrating continued global appeal, according to the London Property Alliance. Prime rents [...]
Barclays and Santander top highest customer exodus after outages October 30, 2025 Barclays and Santander recorded the highest net losses of current account switches in the second quarter of the year after outages disrupted thousands of customers’ online banking. Over 22,000 users switched from Barclays in the three months to June 2025, with just under 4,000 joining, marking a net loss of over 18,000. Santander recorded a [...]
Pension tax grab could threaten retirement for millions October 30, 2025 A potential raid on pensions in the upcoming November Budget could cause pension funds to lose billions, threatening businesses and the retirement outcome for millions of Brits. UK pension funds could suffer a £50bn loss over the next five years if the Treasury decides to slash pension tax reliefs, according to analysis from wealth manager [...]
War of words heats up as private credit bosses round on banks October 29, 2025 The war of words between banks and private credit ratcheted up on Wednesday, after a trio of bosses from private lenders rounded on claims their industry played a pivotal role in a string of recent debt-related collapses, branding it “misinformation”. During a fiery evidence session in the House of Lords, executives from alternative investment giants [...]
EuroLeague CEO: ‘NBA Europe is not needed. We’ve been here for 25 years’ October 29, 2025 EuroLeague CEO Paulius Motiejunas is on bullish form. European basketball is a hot topic and his organisation, which runs the competition home to continental giants such as Real Madrid and Panathinaikos, has just begun a new season in good shape. It has a new main sponsor in Etihad Airways, a new deal with Adidas and [...]
Real Madrid vow to sue Uefa for millions over European Super League stance October 29, 2025 Real Madrid have vowed to seek damages from Uefa expected to run into the millions of Euros for the governing body’s efforts in quashing the European Super League breakaway. The Spanish giants said they would seek financial compensation after a Madrid court rejected appeals by Uefa, LaLiga and Spain’s FA and reaffirmed a previous European [...]
Streaming overtakes traditional sports broadcasting, spending $12.5bn in 2025 October 29, 2025 Streaming has overtaken traditional broadcast and cable TV viewing as its biggest players have increased investment in sports rights, according to a new report. Platforms such as Dazn have pumped significant funds into showing live sport, with the sector as a whole spending $12.5bn in 2025, up 25 per cent on last year. Streaming’s share [...]
Nvidia hits historic $5tn market cap October 29, 2025 AI and chips behemoth Nvidia has smashed another record valuation, with its $5tn market cap that puts it well clear of the GDP of Germany – the fourth biggest economy in the world. Shares in Nvidia jumped up 3.5 per cent in premarket trading, amid a surge in investor enthusiasm for AI. Nvidia’s surge followed [...]
Pound falls to 2023 low against Euro as Budget jitters spike October 29, 2025 The Pound suffered a sharp drop on Wednesday as investors braced for an economic hit in Rachel Reeves’ forthcoming Budget. Sterling’s downturn came as the UK’s fiscal watchdog looks set to hand a hefty downgrade to the country’s productivity growth. On Wednesday morning, the pound fell 0.4 per cent against the Euro to 1.13 – [...]
Mortgage lending hits highest level since March amid pre-Budget rush October 29, 2025 Net borrowing of mortgage debt rose to the highest level since March this year, money and credit statistics published by the Bank of England have shown, in signs that Brits are rushing to buy homes before any new property taxes are announced at the Budget. Net borrowing rose by £1.2bn to £5.5bn while mortgage approvals [...]