One in five hospitality firms have no cash reserves after tax raid August 20, 2025 A fifth of British hospitality businesses have no cash reserves left and nearly eight in 10 have raised prices as they battle to shoulder the succession of cost hikes placed on them at last year’s autumn Budget. Fresh data from four of the sector’s trade bodies showed that 69 per cent of members have less [...]
Exclusive: TNT Sports to send broadcast team to Ashes this winter August 19, 2025 TNT Sports are planning to send their own commentary and presentation team to the Ashes later this year after signing an exclusive one-year rights deal with Cricket Australia earlier this month. The broadcaster’s coverage of recent England tours, such as the women’s Ashes campaign and the men’s Test series in India last winter, was largely based on taking the [...]
Defence: Babcock, BAE, Rolls-Royce plunge on Ukraine summit August 19, 2025 London-listed defence stocks plunged across the board on Tuesday, after this week’s talks between Washington and Ukraine led traders to pare back bets on the role that European countries will play in any post-ceasefire peacekeeping efforts. Shares in FTSE-100 engineering group Babcock – one of the best performing companies on the London Stock Exchange this [...]
Draper signs multi-year Vuori deal ahead of US Open August 19, 2025 Sporting brand Vuori has captured its biggest talent to date, signing up British No1 tennis star Jack Draper ahead of the US Open. The self-proclaimed “performance and lifestyle brand known for its coastal California-inspired style”, which last year announced a $825m investment round led by General Atlantic and Stripes, will partner with Draper as part [...]
Former Chelsea footballer Craig Burley ordered to pay £466,000 to HMRC August 19, 2025 Scottish former footballer and current ESPN pundit Craig Burley has been ordered by the Tax Tribunal to pay HMRC nearly £466,000 in unpaid income tax
Reeves’ punitive property tax will hurt London the most August 19, 2025 Labour’s mulled property tax could stall the housing market - and it's Londoners who will suffer most, writes Steven Mulholland.
Premier League clubs pass £2bn in summer spending as record looms August 19, 2025 Premier League clubs have passed £2bn in summer transfer spending as the English top flight closes in on an all-time window record. The continued trickle of transfer fees agreed by Premier League clubs has seen the total spend hit £2.3bn, just £50m short of the 2023 record of £2.36bn. Spending, unsurprisingly, has been fuelled by [...]
IWG boss labels double-digit share price dive ‘not rational’ August 19, 2025 Shares in International Workspace Group (IWG) dropped more than 15 per cent today after a disappointing half-year trading update from the office provider. It was the worst day for the world’s largest provider of serviced office space since the first day of lockdown in March 2020. But boss Mark Dixon said the share price drop [...]
Port of London exports boom despite tariff threats August 19, 2025 The Port of London Authority (PLA), the UK’s largest port, recorded a boom in trade volumes over the second quarter of the year despite fears around President Trump’s higher global tariffs. In its first ever report on quarterly trade data, the PLA said 14m tonnes of shipments moved through the port during the period. A [...]
I bet on the Premier League using AI. Here’s how much I made August 19, 2025 Last week City AM revealed that two thirds of Fantasy Premier League players would use AI to help pick their points-based teams throughout the season. And it got us thinking; how accurate could AI be in predicting the outcome of Premier League football matches? So in that spirit, hard earned cash was siphoned off this [...]