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 [...]
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
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
Third of young Brits favour authoritarian leader over democracy August 12, 2025 A third of young adults said they would back an authoritarian system if leaders could take decisions more quickly, a new poll has said, in signs new voters believe the UK’s social contract is breaking down and belief in the principles of democracy are fading. In fresh research led by Adam Smith Insights, a sister [...]
Why business confidence is all over the place August 12, 2025 Kemi Badenoch looked aghast but Keir Starmer was defiant. Business confidence was at a nine-year high, the prime minister declared in the House of Commons in mid-July. The Conservative Party leader was not having any of it. Neither were many economists and analysts watching from the City. What Starmer claimed was not false, per se. Research [...]
Wage growth hits five per cent as more jobs shed August 12, 2025 Wage growth hit five per cent June as more jobs were shed due to higher labour costs introduced by Chancellor Rachel Reeves, official data has revealed. Pay growth excluding bonuses in the three months to June was the same as the month before, according to the Office for National Statistics (ONS), in a caution to [...]
Hospitality sector on brink of claims crisis as Employment Bill looms August 12, 2025 The hospitality and leisure sector is already experiencing a rising number of Employment Tribunal claims, a situation likely to worsen further when the Bill becomes law.
UK class actions worth £135bn but landmark losses raises questions over regime August 11, 2025 The popularity of class actions continues to rise as the UK remains one of Europe's most active jurisdiction with the total value of cases in the UK surpassing £135bn in 2024.
Trustpilot boss: If I was Keir Starmer for the day, this is what I’d do August 11, 2025 The chief executive of FTSE 250 firm Trustpilot has revealed what his first order of business would be if he succeeded Sir Keir Starmer as Prime Minister for just one day. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Adrian Blair pointed to his desire to go after what he described as [...]