Easyjet rebuked over ‘misleading’ £5.99 cabin bag deal January 28, 2026 Easyjet has been warned by the advertising watchdog over a “misleading” tab on its website which suggested that passengers could get a large cabin bag ‘from £5.99’. The Advertising Standards Agency (ASA) said it had not seen “sufficient evidence” that it was possible to book large cabin bags at this price across a range of [...]
Professional services firms facing ‘polycrisis of confidence’ January 28, 2026 A major study of C-suite attitudes among professional services firms has revealed a complicated landscape of increasing AI use, growth fears, worries about cash flow and concerns over staff motivation. According to the Managing Partners Forum Winter 2025 Quarterly, shared exclusively with City AM, all firms surveyed have integrated Gen AI into their daily operations, but [...]
High Court grants urgent hearing on Labour’s inheritance tax overhaul January 28, 2026 The High Court has green-lit an urgent hearing at the High Court over the government’s inheritance tax raid on agricultural assets and family firms. The proposed changes to agricultural property relief (APR) and business property relief (BPR) represent one of the biggest shifts in UK inheritance tax (IHT) policy in decades, following the government’s initial [...]
Hakluyt taps Lord Sedwill and Economist’s Lara Boro for board roles January 28, 2026 Lord Mark Sedwill and the Economist Group’s chief executive officer have joined the board of strategic advisory firm Hakluyt. Lord Sedwill, the former cabinet secretary and head of the Home Civil Service under both Prime Ministers Theresa May and Boris Johnson, also served as a national security adviser. The company describes him as “one of [...]
LIV Golf lands Rolex partnership in major boost ahead of fifth season January 28, 2026 LIV Golf has struck another blow in its battle for mainstream recognition by securing the backing of one of the sport’s biggest sponsors, Rolex. The luxury watch brand, which already has deals with the leading men’s and women’s majors, tours and both the Ryder and Solheim Cups, has become an official partner of the LIV [...]
Banks cool on interest rate cut expectations amid forecasting clash January 28, 2026 Top City banks have pushed back their predictions for the Bank of England’s next interest rate cut as forecasters are split on whether high inflation could upend monetary policy decisions. UBS Investment Bank economist Anna Titareva pushed back a call for the Bank’s next cut from February to March after the Office for National Statistics [...]
Coral ditches Cheltenham Festival as Reeves tax rises on gambling bite January 28, 2026 Betting giant Coral has ditched the Cheltenham Festival after over 50 years due to government taxes on gambling. Duty on UK horse racing wagers was exempted from Chancellor Rachel Reeves’ Budget last autumn but taxes on remote sports betting will be hiked from 15 per cent to 25 per cent in 2027. Coral’s parent firm [...]
Dollar slides as ‘loss of confidence’ in US policy spikes debasement fears January 28, 2026 The US dollar had its worst day since President Donald Trump’s ‘Liberation Day’ tariff onslaught on Tuesday as investors dumped their exposure to the greenback. The DXY index – which tracks the dollar against a basket of other currencies – has slumped over two per cent since the beginning of the year. Amidst the dollar [...]
Ministers urged to extend ‘nightmare’ deadline for paying inheritance tax January 28, 2026 The UK government has set an unrealistic deadline for inheritance tax payments on unused pensions, a House of Lords committee has warned. The House of Lords economic affairs committee urged the government to extend the deadline for pension fund personal representatives, who are typically estate executors, from six months to 12 months. The committee argued [...]
The Debate: Should Brits be more optimistic? January 28, 2026 Pessimism is a great British tradition, but some think it's holding the economy back. Should Brits be more optimistic?