Private equity boom slows down as the deal bar rises for City firms Prof Services Private equity interest in professional services remains, but the era of easy deals is over as most attractive targets have already been acquired, and investors are now more selective, writes Maria Ward-Brennan. The bubble around private equity interest in the professional services industry has started to deflate, as most of the “low-hanging fruit” has already [...]
Gucci, BYD, Netflix: Who replaces gambling on Premier League shirts? Sport Business The end of the Premier League season is in sight, and for some clubs it could spell a financial nightmare. Not because they’ll inevitably part with millions of pounds to bring in the world’s top talent, but because a key revenue stream could be left vacant come the start of next season. Premier League clubs [...]
Is Rachel Reeves actually to blame for the ‘Truss crash’? Opinion After years of blaming the 'Truss crash' on tax cuts, Rachel Reeves has finally gestured to the real problem – her own instinct to overspend, writes Tom Harwood.
Debenhams clinches equity raise after share price spook February 19, 2026 Debenhams Group successfully closed its equity fundraise above its initial £35m target despite a stock market spook which saw its shares drop by 20 per cent. The fashion group, which recently rebranded from Boohoo Group, had pitched the equity raise as central to its turnaround from significant struggles in recent years. Debenhams Group, which owns [...]
Why transfer window could be a tax issue for footballers February 1, 2026 As the end of the transfer window approaches, once again many young international footballers have relocated to England, with considerable salaries now in their pockets. For instance, Chelsea’s pair of teenage summer signings, Jorrel Hato and William Estevao, joined with reported salaries worth a combined £180,000. While these contracts mark the sudden arrival of significant [...]
Booking a ski holiday? This is the unmissable grande dame this season January 22, 2026 Refurbished Suvretta House is the ultimate base for a 2026 ski holiday, writes Adam Hay-Nicholls Had it been director Wes Anderson who’d adapted The Shining for the silver screen – rather than Stanley Kubrick – the fateful Overlook Hotel might have looked something like St Moritz’s Suvretta House. Imagine that Walt Disney and Baron Münchausen [...]
Budget crackdown on football image rights ‘incredible’, say tax experts November 27, 2025 Chancellor Rachel Reeves has been accused of disproportionately targeting football for tax rises after the Budget laid out plans for a raid on image rights earnings. Top footballers benefit from setting up image rights companies which are taxed at a lower rate than their salaries, but the government says it will legislate “to ensure that [...]
High Court rejects Square Mile Tom James’ legal case against former employee November 5, 2025 The High Court has dismissed a lawsuit to enforce restrictive covenants and confidentiality obligations against a former employee of giant Tom James in the Square Mile. Tom James is the world’s largest manufacturer and retailer of customised clothing, and in the City, where some suits are priced at around £2,500, it tailors to working professionals. [...]
FTSE 100 Live: Next sales jump; GSK profit upgrade October 29, 2025 Good morning from the City AM liveblog team. If there are fears about an AI bubble, no one’s telling the folk over on Wall Street. Yesterday both Apple and Microsoft saw their stocks jump, making them both $4tn companies, joining an exclusive club of which chipmaker Nvidia is the only other member. This was the [...]
Tom Hayes sues UBS over Libor scandal October 28, 2025 Tom Hayes is suing his former employer UBS, alleging it handed him on a “silver platter” to white-collar crime prosecutors to safeguard the interests of the Swiss lender and its leadership. The former trader, who became the face of the Libor rate-rigging scandal when he was sentenced to nine years in a UK prison in [...]