Whitehall pledges skills drive as AI wounds UK’s job market September 23, 2025 The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]
Businesses face ‘unprecedented’ political risk ahead of Budget September 23, 2025 UK business leaders are battling an “unprecedented scale” of simmering global tensions which are set to impact profitability, according to a new survey. Concerns have spiked from the beginning of the year, a fresh survey from Beazley has concluded, with 85 per cent of UK business leaders saying political risk is affecting their profitability. This [...]
Is late-night dining dead in London? September 23, 2025 With more and more London restaurants banking on earlier reservations, Carys Sharkey asks whether after hours dining is a relic of London’s past Is late-night dining in London dying at the hands of tee-totalling park runners, or is it having a resurgence driven by their collective hospitality nemesis? The diagnosis is polarised and necessarily hesitant. [...]
Ladies Day, prosecco and cheaper Guinness: Cheltenham chiefs ring the changes September 23, 2025 Ladies Day will return to the iconic Cheltenham Festival next year for the first time since 2019 as female racegoer numbers surge, the Jockey Club has confirmed. The Gloucestershire racing meet, home to the Champion Hurdle and Gold Cup, switched from Ladies Day to Style Wednesday for the 2020 festival. But the Jockey Club has [...]
Oliver Bonas: ‘Growth hard to come by’ with Reeves’ tax hikes September 23, 2025 Oliver Bonas has warned the outlook for the UK economy is “not easy” and that “growth hard to come by” because of the tax rises introduced by Chancellor Rachel Reeves in her Autumn Budget last year. The retailer added that its pre-tax profit fell during 2024 because of rising costs while it pins its hopes [...]
Floating in London would be my ‘signature achievement’, ClearScore CEO September 23, 2025 Floating credit score giant ClearScore on the London Stock Exchange would be “my signature achievement”, the company’s co-founder and chief executive has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Justin Basini opened up about the plans being drawn up to take ClearScore public in the next couple of years. He [...]
Startups tell Labour to snatch talent ‘displaced’ by Trump’s H-1B fee September 23, 2025 An entrepreneur campaign group backed by executives at top UK businesses has urged the Labour government to re-design its Global Talent visa to take innovators “displaced” by President Trump’s radical changes to the H-1B visa. The Startup Coalition has urged Home Office officials to change its Global Talent visa to help individuals re-locate from the [...]
OECD: Taxes and tariffs to damage UK economy September 23, 2025 Higher taxes and the sting from US tariffs are set to restrain UK growth, according to forecasters at the Organisation of Economic Co-operation and Development (OECD), with inflation soaring above all other countries other than the US. The OECD’s latest update on the state of the global economy said the UK’s “tighter fiscal stance” means [...]
Formula 1 commercial arm sees profits dip but still makes £250m September 23, 2025 Formula 1’s commercial arm saw profits fall by five per cent last year, but still managed to be over £250m to the good. Formula One World Championship Limited, which holds the exclusive commercial rights to the globetrotting motor racing series, posted a profit of £251.7m for the year ending 31 December 2024, down £14.5m from [...]
NBCUniversal International recovers from record £96m loss September 23, 2025 The international arm of media giant NBCUniversal has recovered from a record £96m loss to return to profit. The division of the US-headquartered group has posted a pre-tax profit of £1.9m for 2024, new accounts filed with Companies House have confirmed. The profit comes after NBCUniversal International reported a pre-tax loss of £96.5m for 2023. [...]