With Jerome Powell’s term as chair expiring in 2026, President Trump is closing in on Fed control after months of animosity, says Helen Thomas The great central banker jamboree takes …
August 2025
House prices recover after stamp duty hit
House prices are rebounding from a post-April decline caused by Chancellor Rachel Reeves’ hike to stamp duty, official data has shown. The official house price index rose by 3.7 per …
Why Artillery Lane is the City of London’s most charming street
Our Toast the City Awards are celebrating the City’s top spots and takes place this October. This week: the bars and restaurants of Artillery Lane and Passage. Broadgate’s skyscrapers are so tall …
Brits call for VPN ban for minors to curb Online Safety Act loopholes
A majority of Britons believe children under 18 should be banned from using Virtual Private Networks (VPNs) following a recent surge, a survey has found. Research from YouGov found that …
What could Reeves’ property tax reforms mean for buyers and sellers?
Rumours have been swirling in Westminster about a variety of property tax changes Rachel Reeves might introduce in this Autumn’s budget – or further down the line – in an …
No more interest rate cuts expected as inflation runs ‘miles above target’
No further interest rate cuts are expected to be made this year after inflation in the year to July was higher than economists forecast. Markets had priced in a 50 …
Port Ellen cheers 200th year with Distillers One of One donation
Last year, after four decades of closure, the iconic Port Ellen distillery reopened its doors just in time for its 200th anniversary. And to celebrate, the distillery has donated a …
Databricks rides AI boom to $100bn after new funding
Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series …
Rachel Reeves considers ‘mansion tax’ on homes above £1.5m
Chancellor Rachel Reeves is looking at imposing capital gains tax on the sale of houses above £1.5bn as she looks to fill a £40bn hole in the public finances. The …
OSB’s profit plunges due to falling interest rates
OneSavings Bank (OSB) recorded a hefty hit to profit for the first half of 2025 as lower interest rates took a chunk out of the group’s bottom line. The London-listed …