Balfour Beatty receives profit boost from government contracts August 13, 2025 Infrastructure group Balfour Beatty recorded a jump in profit for the first half of the year after a bumper performance in its UK construction. The London-listed firm posted a £20m rise in pre-tax profit for the first six months of the year to £132m, up from £112m last year. It came as the business’ UK [...]
Kensington Roof Gardens plunges to £26m loss August 13, 2025 The company behind the revamped Kensington Roof Gardens suffered a £26m loss after the venue reopened as a private members’ club, its latest accounts reveal. The grade-II listed former nightclub, situated on London’s swanky Kensington High Street, unveiled plans to launch as a members’ club in February last year, offering annual memberships of up to [...]
Chanel chief Leena Nair joins Tech Titans investor group at London Spirit August 13, 2025 Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]
Crypto is all that’s propping up London’s miserly capital raising statistics August 13, 2025 After London’s capital markets suffered one of their quietest starts to the year in decades, brokers all had the same words on their lips: second-half. Everything will pick up in the second half, they said. You just wait and see. If the start of the second half is anything to go by, those brokers may [...]
Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget August 13, 2025 Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]
Pool Re: The UK’s secret weapon of insuring against terrorism August 13, 2025 When the private insurance market buckled under the threat of terrorism, the government stepped in to ensure that businesses would not be left alone
Haileybury: Inside the private school producing sport stars like Piastri August 13, 2025 Haileybury boasts some of Britain’s great modern athletes, and now they’re supporting Australian Oscar Piastri as he chases a world title. But how do they churn out talent? Formula 1’s man to beat at the moment is Oscar Piastri and, while a sportsperson from Melbourne may usually be associated with schooners, shoeys and thongs, there’s [...]
A Rachel Reeves and Andrew Bailey clash risks Britain’s stablecoin dream August 13, 2025 A Rachel Reeves and Bank of England clash risks derailing Britain’s stablecoin dream as the country plays catchup in the over £200bn market. The Chancellor referenced plans to drive forward “developments in blockchain technology including… stablecoin” in her 2025 Mansion House speech. But Reeves faces an obstacle to push her plans in the form of [...]
Demand for City lawyers surges amid motor finance scandal August 13, 2025 Lawyers are facing questions after the Supreme Court's motor finance ruling left the door open for consumer claims
Brits could be missing out on cheaper home insurance deals August 12, 2025 UK customers could be missing cheaper home insurance deals by failing to shop around for cheaper covers. One in four homeowners auto-renew their home insurance without looking for better quotes, potentially causing them to lose out on cheaper deals or extras, according to a survey from financial services comparison platform Go Compare. Of the 2,000 [...]