Woods to McIlroy: How Tiger Slam at Masters reshaped economics of sport April 7, 2026 Ahead of the Masters, Nick Keller marks 25 years since Tiger Woods won the Tiger Slam and sports consumption changed forever. When Tiger Woods completed the ‘Tiger Slam’ in 2001 – holding all four major championships at once – it wasn’t just a sporting achievement. It was a cultural marker for how modern sport would [...]
The madness of a state that spends more on welfare than it raises from income tax April 7, 2026 If it were possible to buy Happy New Tax Year cards you’d surely find them stocked in the ‘With Sympathy’ section. As of yesterday, the state has increased its demands on a host of taxpayers. Dividend tax is up two per cent for basic and higher rate taxpayers, with the latter now hit by a [...]
British business is using AI to survive, not grow April 7, 2026 British businesses cannot simply endure AI, they must find a way to positively embrace it, writes Adaora Geiger.
Investment trusts launch last-ditch City watchdog campaign April 7, 2026 The chair of one of Britain’s oldest investment trusts has accused the City watchdog of leaving his industry exposed to aggressive activist campaigns even after an overwhelming majority of shareholders have rejected them. City AM can reveal that Edinburgh Worldwide Investment Trust (Ewit) chair Jonathan Simpson-Dent met Financial Conduct Authority officials last week in a [...]
Bosses warn of family firm firesale as inheritance tax crackdown kicks in April 7, 2026 The government’s contentious inheritance tax crackdown on family firms will lead to the break-up of thousands of beloved British businesses and is already stifling investment, a group of influential bosses have warned. The Treasury’s plans to end a decades-old carve out from death duty for family-run firms came into force on Monday, meaning offspring of [...]
OpenAI calls for ‘tax on automated labour’ as it sounds alarm on economic risks April 7, 2026 OpenAI has called for a tax on automated labour as the firm laid bare the scale of the structural risks to the global economy that could be wrought by the rise in artificial intelligence. In a wide-ranging set of proposals in a paper described as “Industrial Policy for the Intelligence Age”, the ChatGPT maker called [...]
London’s top 2025 listings tumble in blow to IPO revival hopes April 7, 2026 London’s biggest listings in 2025 have all tumbled since the start of the year, dealing a blow to hopes of a revival in the capital’s lacklustre IPO market. The five biggest floats from last year slumped by an average of 26 per cent in the first quarter of 2026, according to a City AM analysis, [...]
Private credit firm exposed after cosmetics retailer plunges into administration April 7, 2026 A private credit firm has been forced to write down the value of one of its portfolio companies after online retailer Give Me Cosmetics was placed into administration. London-based Beechbrook capital, which offers finance to lower mid-market British businesses, had lent around £6.5m to fund the acquisition of Give Me Cosmetics in April 2024, in [...]
‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer April 7, 2026 Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]
14 charts reveal the massive challenges facing UK and NATO defence spending April 7, 2026 Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]