The real meaning of Christmas? Capitalism! December 18, 2025 The message of Christmas – as Dickens and the Muppets knew – is that sharing wealth, rather than hording it brings both prosperity and joy to the world, writes James Price As we approach Christmas, capitalism is wont to come in for some criticism. Several classic Christmas movies, like Miracle on 34th Street and It’s [...]
Business rates overhaul to hit Square Mile hotels as row continues December 18, 2025 Hotels in the Square Mile are set to be among the hardest-hit by the property revaluations which have sparked a clash between the hospitality sector and the government. The business rates overhaul, introduced in the November Budget, will see the property values that determine this tax more than double across leading hotels in the City [...]
12 predictions for AI in 2026 December 18, 2025 A year of building an AI business has given Lewis Liu a lot to think about. He gives us his 12 AI assumptions to live by in 2026.
Mark Kleinman: Corporates queue up for 2026 p(l)ay-date December 18, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Corporates queue up for 2026 p(l)ay-date Talk about being on the naughty step. For Anglo American, sealing its $60bn merger with Canada’s Teck Resources – and in the process putting well and truly paid to BHP’s [...]
Exclusive: SailGP to target teams in India and South Korea December 17, 2025 SailGP will target teams in India and the Middle East and races in Hong Kong and Italy as the Formula 1 of sailing breaks the $200m revenue mark. Record attendances, including 20,000 at the UK leg, have driven record revenues in SailGP’s fifth season, with founder tech tycoon Larry Ellison able to scale back funding [...]
Treasury mocked for £100k financial services ‘leadership’ role December 17, 2025 The Treasury is searching for a Director for Financial Services to take on an “exciting and challenging leadership role” within the heart of the British economy, for a £100k salary. According to the job posting, the successful candidate would be tasked with “advising the Chancellor and Economic Secretary on financial services policy, taking account of [...]
Jeremy Clarkson rakes in millions from Hawkstone brewery December 17, 2025 Profit at Jeremy Clarkson’s brewery Hawkstone has surged during its latest financial year after its sales almost tripled, it has been revealed. New accounts for the business behind the Cotswolds brewery show the firm’s total equity jumped from £432,512 to just over £3m in the year to 31 March, 2025. Total equity is the overall [...]
Wild by Tart launch limited edition gin in national supermarkets December 17, 2025 The founders behind Wild by Tart have launched a limited edition gin in national supermarkets as they look to expand from their restaurateur roots. The duo, who started their culinary careers as food columnists for the Evening Standard Magazine, launched Wild by Tart in October 2019 in London Victoria. They have now collaborated with Bathtub [...]
Starmer threatens Abramovich with court over £2.5bn Chelsea proceeds December 17, 2025 Prime Minister Keir Starmer has vowed to take Roman Abramovich to court unless he hands over the £2.5bn proceeds from his sale of Chelsea FC to humanitarian causes in Ukraine. The huge windfall has been frozen in a UK bank account since May 2022, when the sanctioned Russian oligarch sold Chelsea to a US consortium [...]
London house prices slump following Budget chaos December 17, 2025 London house prices have fallen by more than two per cent year on year, as Budget chaos took its toll on a volatile housing market. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). Property experts said this [...]