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Business

  • London shopping centre to be demolished for major development

    October 17, 2025

    A huge redevelopment proposal for Lewisham shopping centre was given the green light last night, paving the way for hundreds of new homes to be built. Lewisham Council officials voted to approve plans to redevelop the 1970s complex, in a move that will see it turned into 1,700 new homes, 660 student beds and 445 [...]

  • Ferrari cut UK supply after Labour’s tax raid on wealthy

    October 17, 2025

    The boss of Ferrari has blamed the Labour government’s crackdown on wealth for its decision to cut the number of cars it sells in the UK, saying that a “stabilisation” in demand was happening in the country. Chief executive Benedetto Vigna told the Financial Times that his firm had reduced allocations of its supercars to [...]

  • England Rugby should buy London Stadium and flog Twickenham land

    October 17, 2025

    How do you solve a problem like increasing the revenues for England Rugby? Up sticks and buy the London Stadium, suggests Ollie Phillips Given the obstacles being thrown towards Allianz Stadium and England Rugby from local residents relating to the number of concerts the home of rugby wants to stage, it is no surprise that [...]

  • FTSE 100 Live: BBVA Sabadell bid falls through, tax rises in focus

    October 17, 2025

    Good morning from the City AM liveblog team. Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy.  She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s [...]

  • On this day in 1814: The London Beer Flood

    October 17, 2025

    On this day in 1814, the perils of drink would show themselves in an unexpected but deadly way in the London Beer Flood, writes Eliot Wilson.

  • Over half of firms would stop hiring if Reeves hikes taxes, survey finds

    October 17, 2025

    More than half of businesses would cut staff or stop hiring if taxes are hiked at this year’s Budget, a leading survey of accountants has found, a fresh warning that Chancellor Rachel Reeves risks inflicting further damage on the UK jobs market.  Reeves has publicly said that she was considering making tax hikes at this [...]

  • Cautious Brits plan to cut spending ahead of Golden Quarter

    October 17, 2025

    Nearly three quarters of Brits plan to cut spending for the rest of 2025 as consumers continue to prioritise saving over splashing out. While consumer sentiment has remained flat at -5 over summer, inflation worries have been rising and nearly nine in ten Brits now report concerns, according to the latest Consumer Sentiment Survey from [...]

  • Doctor Who maker warns its ‘future is by no means certain’

    October 16, 2025

    The production company behind Doctor Who has warned its “future is by no means certain” in Wales as it marks ten years in business. Bad Wolf has said declining US investment in productions made outside of America and falling budgets are threatening to elongate a downward trend in the global screen industry. In a report [...]

  • European stadiums to bid for South Africa rugby Test vs New Zealand

    October 16, 2025

    Top European stadiums are set to battle it out to host a special rugby Test match between New Zealand and South Africa. The All Blacks and Springboks have announced a British and Irish Lions-style tour for 2026 with New Zealand heading to the African continent. The tour will culminate in three Tests across Johannesburg and [...]

  • Labour delays decision on China’s mega embassy application

    October 16, 2025

    A decision on China’s new mega embassy next to the Tower of London has been delayed to December amid growing concerns that China is interfering with British democracy by spying on MPs and stealing classified information.  The application for the new embassy at the Royal Mint Court site was set to be finalised as early [...]

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