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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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united arab emirates

  • UK businesses eyeing shift to ‘more predictable’ tax regimes

    Business

    UK businesses are considering relocating abroad for a more stable tax and regulatory landscape, according to new research from consulting and network Baker Tilly International.  The group, in its annual mid-market survey conducted earlier this year, found that out of all nine markets and 1,500 business leaders surveyed, including in the US, China, and India, [...]

    City of London skyline with modern skyscrapers under a clear blue sky, showcasing iconic financial district architecture
  • London hotel occupancy slides as Iran war wreaks travel havoc

    Hospitality

    International travel chaos caused by the Iran war is beginning to hit London’s hotels, fresh data has found.  The occupancy of London’s hotels fell year on year in March, according to audit firm RSM.Hotel experts attribute the decline to a fall in tourism.  Luxury London hotels enjoy a huge amount of custom from Middle Eastern [...]

    Tourists exploring city streets as new tourism tax policy impacts travel costs and local economies
  • Middle East expats rush back to London, luxury property rents spike

    Property

    An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency.  British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]

    Prime property in the UK capital has been in a slump over the past decade
  • Abu Dhabi Finance Week: Where global capital meets innovation

    December 3, 2025

    The Abu Dhabi Finance Week (ADFW) has been rapidly growing over the past few years, scaling to become one of the largest global financial events of the year. With attendance growing by over 100 per cent, representation from over 125 countries and over 600 global institutions, it is on pace to be the biggest financial [...]

  • Most millionaires envisage better life away from the UK

    August 19, 2025

    Nearly two thirds of millionaires envisage a better quality of life outside the UK, according to a new poll that suggests a growing pessimism among the better-off. The poll of over 1,000 UK residents with a net worth of at least £1m has suggested that Brits are less positive about life at home as 60 [...]

  • How to achieve growth in the UK? Copy the UAE

    March 6, 2025

    The UAE has shown what a country with its eye set on growth looks like. Rachel Reeves could learn more than a few things, writes Brandon Lewis.

  • UK Athletics faces £20m blow after manslaughter charge

    January 8, 2025

    UK Athletics is staring down the barrel of a huge £20m fine after the cash-strapped track and field governing body was charged with corporate manslaughter. The Crown Prosecution Service charged UK Athletics over the death of Abdullah Hayayei, a Paralympian from the United Arab Emirates, after a metal throwing cage fell on him while training [...]

  • Gulf Marine Services posts fall in net profit as it slashes debt

    September 4, 2024

    Gulf Marine Services (GMS) posted a hefty dent in net profit in its half-year results despite a sizeable rise in revenue, as the highly levered business continues to focus on debt reduction. The London-listed oil services provider, which operates self-propelled and elevating support vessels for the oil sector out of the United Arab Emirates, saw [...]

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