Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes September 11, 2026 Claridge’s has suffered a loss of just under £10m as the iconic London business warned government tax hikes were taking their toll. The five-star Mayfair hotel, which opened its doors in 1898 before expanding via a five storey ‘mega basement’ in 2021, recorded a loss after tax of £9.7m for 2025, reversing a £2m profit [...]
Manchester United deny financial motive behind nearly 700 season ticket bans September 11, 2026 Manchester United have banned 685 season ticket holders for reselling their seats but insist that the crackdown is not a cash-grab by the club. It follows an investigation by United chiefs that found “unusual activity” on the accounts of 1,617 members, who were asked to provide explanations. The operation caused outcry among some supporters, who [...]
Fritz accuses US Open supplier Wilson of misleading players September 11, 2026 Tennis player Taylor Fritz has accused US Open supplier Wilson of misleading players over the quality of their replica balls. The American player, who was beaten by Francisco Cerundolo in the third round of the US Open at Flushing Meadows, issued a rant on X accusing the firm of distributing different quality balls despite assurances [...]
‘Calm before the storm’: City warns Healey growth spurt won’t last September 11, 2026 The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, economists have warned the government. Fresh figures revealed on Friday that the economy expanded 0.4 per cent in July, ahead of initial forecasts that predicted flat growth. [...]
Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street September 11, 2026 Britain’s pubs have few more committed defenders than Sir Tim Martin. The Norwich-born businessman founded JD Wetherspoon in 1979 when he bought his first pub in Muswell Hill, initially named Martin’s Free House. Since rebranding the pub to Wetherspoon – named after a former teacher of Martin’s who could not control his class – it [...]
On this day: ‘I can hear you… and the people who knocked these buildings down will hear all of us soon’ September 11, 2026 On this day, 25 years ago, the world changed forever. Eliot Wilson takes us through the tragic events that happened on 9/11.
Government admits Burnham’s Whitehall shake-up leaves tech policy in limbo September 11, 2026 Nearly two months after Andy Burnham abolished Britain’s technology department, ministers have admitted parts of the former department still have nowhere to go. A long-awaited breakdown of the Department for Science, Innovation and Technology (DSIT) carve-up revealed a “small number of policy areas” are yet to be allocated, while some staff are still waiting to [...]
London’s unicorn boom is masking an early-stage funding crisis September 11, 2026 European tech is experiencing two diametrically opposed extremes. On paper, there has never been a better time to build, writes Christoph Klink A new breed of rocketship unicorns are reaching billion-dollar valuations in record time. London sits at the absolute centre of this surge, home to 43 per cent of all European rocketship unicorns – [...]
Chelsea valuation doubles under BlueCo to £5bn as Boehly and Walter eye exit September 11, 2026 Todd Boehly and Mark Walter’s exit from Chelsea is set to see the business valued at around £5bn in another marked escalation of elite football club valuations. The valuation is double the £2.5bn price that saw the Boehly and Clearlake consortium beat off competition to buy the London club from Roman Abramovich in 2022. That [...]
Four interest rate hikes loom despite surprise economic growth September 11, 2026 The Bank of England is expected to hike interest rates as many as four times within the next year, City figures have said, after the economy delivered surprise growth in July. The central bank is expected to be buoyed by this morning’s GDP figures, which saw the UK economy grow by 0.4 per cent in [...]