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      British tycoons raise the alarm over state of UK economy

      Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium apparel brand Castore.

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      Olympic Rings display with fireworks over Tower Bridge and the River Thames at night, London.

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Milan

  • London snubbed as Formula 1 announces return of F1 Live show at new venue

    Sport Business

    Formula 1 will repeat the F1 Live event that debuted in London last year with an expanded format and a new host city: Milan. F1 Live Milan will comprise a three-day fan festival and F1 The Show, a one-off stage event featuring all 11 teams as well as live music and entertainment. It will take [...]

    Formula 1 75th anniversary celebration event with F1 cars and drivers on stage, surrounded by red lights and a crowd
  • I went to the Winter Olympics but I found Milan shrugging its shoulders

    Sport Business

    Milan is parading its beauty at the Winter Olympics. The sun is out, the centuries-old streets are majestic and pristine. Prada, Gucci and Ralph Lauren logos plaster every corner, and there is no shortage of Michelin Guide restaurants. It’s no surprise that London has been haemorrhaging non-doms and wealthy investors to this glorious metropolis. But [...]

    High-resolution aerial view of bustling urban cityscape with skyscrapers and busy streets during daylight, GettyImages 226...
  • Non-doms are descending on Milan – and getting a divorce

    Wealth

    Thanks to its generous flat-tax regime, Milan has become a popular bolthole for former UK-based non-doms. But, asks Ali Lyon, does the opening of a new divorce law firm in Italy’s financial capital suggest some of its new residents are regretting their decision? The United Kingdom’s decision to abolish the non-dom regime last year has [...]

    Couple discussing non-dom policy changes leading to divorce in Milan courtroom
  • Bond Street moves into third for world’s most expensive retail spot

    November 20, 2024

    Bond Street has leaped-frogged Tsim Sha Tsui in Hong Kong to take bronze in a list of the world’s most exclusive retail streets. The shift bucks bucks fears about the decline of brick-and-mortar retail on the high-street and the so-called tourist tax, which has faced campaigners’ calls for scrappage. The average rent on Bond Street [...]

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