NBA Europe suffers setback as Barcelona eye EuroLeague extension January 13, 2026 The NBA’s plans to launch a new basketball league in Europe next year appear to have suffered a setback after Barcelona reportedly decided against signing up to the ambitious project. Barcelona, one of the continent’s most successful and prestigious teams, were among the established names courted by the NBA and its advisors JPMorgan and Raine [...]
Whitbread offloads £89m worth of Premier Inns to Londonmetric January 13, 2026 Hospitality giant Whitbread has offloaded a number of its Premier Inn hotels to property group Londonmetric for £89m as it looks to boost profits. The group sold nine South Eastern hotels to the group, ranging from Southampton Airport to Warwick, as part of its plan to reuse £250m-£300m of property proceeds for growth opportunities, including [...]
VAT-free shopping debacle has sent tourists packing January 13, 2026 Five years on from the demise of VAT-free shopping, retail and hospitality chiefs say the impact is still causing pain as the industry seeks change, writes Joanna Hodgson Five years ago this month a change came in that might, on the surface , have prompted the average British shopper to get their smallest violins out: [...]
London families to shoulder nearly a quarter of all inheritance tax bills January 13, 2026 Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]
London homeowners most likely to make a loss upon selling their home January 12, 2026 London homeowners are most likely to make a loss upon selling their house as prices in the capital continue to drop. In 2025, nearly 15 per cent of Londoners sold their home for less than they bought it, the highest proportion in England and Wales, according to analysis from real estate agent Hamptons, well above [...]
A Ghost in Your Ear is the scariest show in London January 9, 2026 A Ghost in Your Ear | ★★★★★ | Hampstead Theatre Theatre has evolved remarkably little over the centuries – plonk Shakespeare in the front row at the Almeida and he’d immediately recognise what’s going on. One area that feels ripe for exploration is the use of audience headphones to introduce another dimension to productions. The [...]
Financial services suffer ‘rapid’ fall in business January 8, 2026 Financial services are suffering from a “rapid” fall in business activity, new survey data has shown, pointing to investors’ struggles to revive a spluttering UK economy. The Confederation of British Industry (CBI)‘s figures suggested financial services companies experienced a decline in business volumes and profitability at the end of last year, hitting confidence across the [...]
Got an oyster card? Then you’d better get used to paying more for less January 8, 2026 If freezing rail fares is vital for cutting the cost of living, why are transport costs in London rising sharply? Asks James Ford As part of his latest, desperate relaunch, beleaguered Prime Minister Keir Starmer has vowed to focus on cutting the cost of living for Britons this year. One of the key planks of [...]
UK fintech stamps its authority on Europe but faces global threats January 8, 2026 The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]
London’s future will be determined by choices, not rhetoric January 5, 2026 2026 will be the year the City moves from post-Brexit design to delivery, says Chris Hayward As the new year begins, London’s position as a leading global financial centre is often framed in binary terms: rise or decline. That is no bad thing. Competition sharpens performance, and financial centres that assume their leading position rarely [...]