Press Round-Up Short

Tuesday newspaper round-up: Cornwall tin mining, Wise, pension reforms

By Michele Maatouk

Date: Tuesday 29 Jul 2025

(Sharecast News) - Tin mining is poised for a comeback in Cornwall after the UK government invested almost £29m to reopen the county's last tin mine, creating more than 1,000 jobs in the region. The South Crofty tin mine, near the Cornish village of Pool, closed in 1998, and in the years since, as tin prices have soared, attempts to reopen it have been unsuccessful. - Guardian
The UK online payments company Wise is to move its main stock market listing to the US after shareholders approved the move. Investors in Wise, one of the biggest financial technology businesses in the UK with a market value of about £11bn, voted on Monday in favour of a dual listing in the US in an attempt to attract more investors and boost its value. - Guardian

The billionaire founder of easyJet has been defeated in a long-running copyright legal battle against a charity-fundraising site. Sir Stelios Haji-Ioannou, the tycoon behind easyGroup, last year filed a lawsuit against Easyfundraising, accusing the Staffordshire-based company of copyright infringement. A High Court judge ruled in favour of the fundraising platform, but Sir Stelios mounted an appeal, arguing there were a "number of contradictions" in the judgment. - Telegraph

Millions of workers in their 50s face losing up to £18,000 if the Government accelerates a rise in the state pension age, a leading wealth manager has warned. Rathbones, which manages the savings of older people, said introducing a state retirement age of 68 earlier than planned threatened to hit people aged 51 the hardest, while people aged 52 and 53 would also lose out. - Telegraph

A "house-swapping" trend has emerged in the upper echelons of the London property market. Wealthy non-doms who are making the move to Dubai or Abu Dhabi are selling their multimillion-pound homes to Emiratis wanting a UK base. In the first six months of 2025, £694 million of "super-prime" flats and houses - those valued at £15 million and above - sold in London, according to data from Beauchamp Estates, the high-end estate agent, and LonRes, the property data provider. - The Times



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