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      Financial services contributed a tenth of UK economic output in 2025 

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London Business

  • London makes up more than a third of UK corporation tax receipts

    Economics

    London accounts for more than a third of total corporation tax receipts across the UK, new data analysed by City AM has shown.  Data shared by the Office for National Statistics (ONS) has shown that London makes up around 36 per cent of total corporation tax income generated each year, highlighting the capital city’s dominance [...]

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  • SCC UK boss: I’ve returned to London after 10 years. Locals forget how good they have it

    Opinion

    Russell Brown, CEO at IT giant SCC UK, tells us about returning to London after a decade away, and navigating a career in tech.

    Russell Brown speaking at SCC UK event in London, addressing business leaders on current industry trends and strategies.
  • Little Moons founder Vivien Wong: Building a London factory was one of our best decisions

    Opinion

    Each week, we dig into the memory bank of the City's great and good. Today, Little Moons founder Vivien Wong takes us through her career.

    Vivien Wong showcasing Little Moons mochi ice cream in a business setting, highlighting her entrepreneurial success
  • Business rates reform must even playing field between high street and online

    January 6, 2026

    Bricks and mortar businesses are being unfairly punished by outdated business rates in need of reform, writes Ros Morgan

  • Why don’t London’s luxury hotels make any money?

    October 13, 2025

    London is home to some of the most iconic and well-known luxury hotels in the world. The Savoy, the Ritz, The Dorchester and Claridge’s, to name just a few, are renowned the world over and have played host to the ultra wealth, celebrities and royalty. Also appearing in a string of popular films, London’s luxury [...]

  • Losses widen at owner of scandal-hit The Groucho Club

    September 26, 2025

    Losses have widened at the owner of The Groucho Club in London despite its turnover rising during its latest financial year. The Groucho Club is one of London’s most famous private members’ clubs and has been going since 1985. The Soho venue was founded a a more relaxed alternative to traditional gentlemen’s clubs and has [...]

  • The View from The Shard makes first profit since 2019

    September 3, 2025

    The business behind the viewing gallery at The Shard has returned to profit for the first time since 2019, it has been revealed. The London attraction has posted a pre-tax profit of £1.6m for 2024 after having fallen to a pre-tax loss of £678,839 in the prior 12 months. The late total comes after the [...]

  • ‘We need the next Nikolay Storonsky’: Labour urged to act now to create next tech unicorn

    June 19, 2025

    The UK needs to attract the next Nikolay Storonsky to its shores if it wants a new technology revolution to be built here, the CEO of tech unicorn Motorway has said. Tom Leathes, speaking on an up-coming episode of City AM’s Boardroom Uncovered show, said the country needs “the next Nikolai to come over and [...]

  • Microsoft: AI could redefine London’s 9-to-5

    June 18, 2025

    The age of the 9-5 workday may be over for London businesses, and artificial intelligence may be speeding up its demise. AI, email overload, and round-the-clock digital connectivity have upturned the rhythms of the modern workday, revealed Microsoft’s latest work trend index. But far from ushering in a smarter, more flexible future of work, the [...]

  • Lacoste: Flagship London store fails to boost sales as label falls to loss

    November 29, 2024

    The opening of a flagship store in London’s Regent Street failed to stop the UK arm of sports fashion label Lacoste entering the red, it has been revealed. The business has reported a pre-tax loss of £3.2m for 2023, according to delayed accounts filed with Companies House. The results for the brand also show its [...]

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