UK to move £2.5bn Abramovich funds to Ukraine
Keir Starmer announces the UK will instruct the transfer of £2.5bn from Roman Abramovich's Chelsea sale to a Ukraine foundation, giving the oligarch a final chance to comply or face court.
Keir Starmer announces the UK will instruct the transfer of £2.5bn from Roman Abramovich's Chelsea sale to a Ukraine foundation, giving the oligarch a final chance to comply or face court.
UBS Asset Management hires former LGIM chief investment officer Sonja Laud to co-lead its combined investment unit overseeing £1.6tn. Discover the strategic move reshaping the fund management landscape.
Hudson Bay Capital, founded by former Morgan Stanley traders, opens a Dubai office as part of its global expansion. Discover the strategy behind this key move for the $19bn hedge fund.
A hands-on review of Gtech's cordless lawnmower, hedge trimmer, and grass edger. We tested their power, battery life, and value for money to see if the premium price tag is justified for UK gardens.
The Guardian has issued clarifications regarding a report on A&E waiting times and a story on international climate aid. Read the full details of the corrections here.
PayPal has filed for a US banking licence, aiming to boost small business lending. The move follows Trump's deregulatory reforms, attracting UK fintechs like Revolut and Starling to also eye the American market.
A major UK survey finds one in nine 13-17 year olds asked to handle drugs, weapons or money. Over 120,000 teens accepted, revealing a hidden crisis of child criminal exploitation.
BNP Paribas is aggressively expanding its corporate finance teams in London and New York, hiring over 30 bankers. This strategic move signals a major bet on a rebound in global M&A and equity markets. Discover the bank's ambitious growth plans.
A new report reveals Heathrow's third runway would push London's aviation emissions over its 2030 climate limit. Campaigners urge the Mayor to take a stand. Read the full analysis.
FIFA's Arsene Wenger insists expanding the World Cup to 48 teams is the correct move, citing reduced quality gaps and youth development. Discover the full story.
Payments giant Visa is relocating its European headquarters to Canary Wharf, joining a wave of financial firms investing in the resurgent London district. Read the full story.
Investors have pulled over £10bn in six months, with UK-focused funds hardest hit. Analysts warn of prolonged market instability and rising gilt yields. Read the full analysis.
The viral fried chicken chain Dave's Hot Chicken is opening its third London location in Croydon on 16 December 2025. Discover the details of the new opening and why Time Out's food editor rates the chicken.
The Bank of England warns of growing risks from hedge fund bets on UK debt, a $2 trillion shadow banking sector, and an AI stock bubble. Discover the key threats to financial stability.
High Ground Capital, the hedge fund founded by former TCI partners, has surged 35% year-to-date. Discover the strategy behind this impressive performance and its market outlook.
Terry Smith's Fundsmith Equity fund heads for its worst year of outflows, with investors pulling over £5bn. Discover the reasons behind the retreat and the fund's performance. Read the full analysis.
Investors have withdrawn over £10bn from UK equity funds in six months, a record outflow driven by Budget uncertainty. Analysis reveals the prolonged sell-off's impact.
Global sports agency 54, famed for creating LIV Golf, has acquired Sportgate International, organiser of Polo In The Park. The deal aims to modernise and expand polo globally, targeting the Middle East and Far East. Read the exclusive details.
American fast food chain Dave's Hot Chicken is opening its first South London restaurant in Croydon on December 16, part of a major UK expansion. Discover the menu and why fried chicken is booming.
JD Wetherspoon has appealed to open a new 320-capacity pub at 11 The Strand, next to Charing Cross station. The plan, previously rejected, was granted appeal in June 2025.
Powervault, the London-based home battery firm backed by the Mayor's fund, has collapsed. The firm, which raised over £10m, is the latest UK energy tech casualty. Read the full story.
The Bank of England warns leveraged hedge funds pose a major threat to UK bond stability. Discover the risks and the central bank's planned response to safeguard finances.
Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay for a staff member on a US 'scoping trip'. Watch the video and read the full report.
Labour faces backlash over a £5bn tax raid on salary sacrifice pensions and new powers to mandate fund investments, with critics warning of a 'war on savers'. Read the full analysis.
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
A new survey of 11,000 teenagers in England and Wales exposes widespread emotional and physical abuse in young relationships, affecting mental health and school attendance. Urgent calls for better education.
Croydon is set to welcome a grand new Wetherspoons pub in a Grade II listed 1760s building just in time for Christmas. Discover the details of this major expansion.
TfL has issued nearly 1.5 million ULEZ PCN fines in 2025, generating over £267 million. See how this compares to previous years' penalty figures.
Hedge fund Rokos Capital Management sees a key London partner exit following significant losses. Discover the impact on the firm and the wider London financial scene.
Gail's Bakery announces a major UK expansion, opening 40 new sites by February 2026 after creating nearly 500 jobs. The £500m-valued chain sees revenue surge to £278m.