UK’s top tech scale-ups named, but can Britain keep hold of them? September 11, 2025 Tech Nation has announced its Future Fifty 2025 cohort, featuring 25 high-growth UK scaleups across various sectors, including AI, climatetech, healthtech, and spacetech. Between them, these firms have raised more than £1.4bn and employ over 2,100 people. The programme, which was relaunched under Founders Forum Group in 2024, has long been seen as the UK’s [...]
Rachel Reeves explores ‘pro-growth tax reforms’ to business rates September 11, 2025 Rachel Reeves will explore “fixing” cliff-edge business rates, which make small businesses pay higher taxes upon opening a second property, as part of reforms she has described as “pro-growth.” The Chancellor is reviewing changes to the small business rates relief, with a decision expected to be announced at the Autumn Budget on 26 November. Treasury [...]
Funding fears and departures rock law firm behind £36bn BHP lawsuit September 11, 2025 The firm behind the multi-billion-pound lawsuit against mining giant BHP is currently experiencing an exodus of key lawyers, as fallout within the law firm continues to unfold. City-based law firm Pogust Goodhead, originally known as PGMBM before rebrand, is acting on one of the “most significant” group actions at the English High Court, representing over [...]
Cadbury shakes off royal snub as sales surge September 11, 2025 Cadbury has shaken off losing the royal seal of approval after a surge in European sales helped its profit jump during its latest financial year, it has been revealed. The Birmingham-based iconic chocolate maker hit the headlines at the end of 2024 after being dropped from the list of royal warrants for the first time [...]
CVC Capital Partners launch $14bn Global Sport Group September 11, 2025 Six Nations investors CVC Capital Partners have formed a $14bn Global Sport Group entity which will focus on the growing interest in the sporting sector. Reportedly announced in London this week, the private equity juggernaut – with over $225bn assets under management – will house the firm’s sporting investments and offer opportunities to scale valuations. [...]
Whisky Business: Distillery tours saving the Scotch industry September 11, 2025 Whisky Business: City AM’s monthly look at the world of whisky. The 1980s were a particularly dark time in the history of the Scotch whisky industry. Throughout the decade, around a third of all Scottish distilleries closed their doors as demand dried up. Even well-established players were caught in the slump. Distillers such as Carsebridge, also [...]
John Lewis blames higher taxes as it swings into the red September 11, 2025 A rise in national insurance contributions and a packaging levy has ‘significantly’ impacted John Lewis, with the retailer reporting a half-year loss despite an increase in revenue. The company, which also owns Waitrose, reported a loss before tax and exceptional items of £33m for the 26 weeks ended 26 July. It has been “significantly impacted [...]
Landlords reject idea higher taxes benefit first-time buyers September 11, 2025 The National Residential Landlords Association (NRLA) has rejected analysis by the Joseph Rowntree Foundation (JRF) that suggests tax hikes on the private rented sector have benefited first time-buyers. A report from the JRF has found that reforms introduced by governments from 2016 were “effective in addressing tax imbalances that benefitted landlords over and above ordinary [...]
Carlton Club in the red as it counts the cost of Labour’s victory September 11, 2025 The Conservative Party stronghold, the Carlton Club, has fallen into the red as it counted the cost of Labour’s victory in last year’s general election. The private members’ club, which was the original home of the party, said it lost out on revenue after “functions declined due to the cancellation of political events following political [...]
THG: Shares spike as e-commerce giant gains momentum after slow start to the year September 11, 2025 Ecommerce platform THG returned to growth in the second quarter of the year, driven by a sales boost for its supplement brand Myprotein, causing an eight per cent share price boost. THG told markets this morning that revenue rose 0.9 per cent quarter on quarter, although overall revenue in the first half of the year [...]