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      Revolution Beauty shares glitter after it emerges from FCA probe

      Scandal-stricken Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six years. 

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  • My generation has only known political chaos

    Opinion

    Not since Tony Blair has Britain had a political leader who was able to win a general election and actually enact major policy change. Which means that for people of my generation and younger, our entire adult lives have been lived under governments who couldn’t actually govern, says Emma Revell Here we go again. After a [...]

    Westminster Houses of Parliament under clear sky, iconic London landmark representing UK government and politics
  • Watch: Sluggish economy puts Brits at their gloomiest for nearly 50 years

    Video

    City AM‘s Editor, Christian May, reflects on recent polling that reveals Brits’ economic pessimism has reached depths not seen since 1978. From high taxes to sticky inflation and low growth, there is a strong sense that the country simply isn’t heading in the right direction.

    Rachel Reeves discussing tax policy design at a business conference, standing at podium with presentation slides in backgr...
  • John Lewis boosts staff pay despite losses

    Retail

    Retail giant John Lewis has announced a £108m investment in staff pay despite losses at the retail giant tripling over its last financial year.  The John Lewis Partnership, which also owns supermarket Waitrose, announced on Wednesday it will hike shop floor pay by 6.9 per cent, which it says will boost the pay packet of [...]

    John Lewis Partnership and Waitrose executives discussing strategic plans in a boardroom setting
  • Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink

    November 3, 2025

    The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]

  • Public sector pay outpaces private amid Budget pressures 

    October 14, 2025

    Public sector pay has outstripped private sector pay on an annual basis, according to new official data, with the added pressures on public finances set to force Chancellor Rachel Reeves to hike taxes at the Budget.  The Office for National Statistics (ONS) said annual average regular earnings growth was 4.4 per cent for the private [...]

  • 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 [...]

  • Can Liverpool really add £10bn to its economy?

    October 13, 2025

    The Labour mayor of the Liverpool City Region has unveiled a 10-year plan to create tens of thousands of jobs and add £10bn to the local economy. Steve Rotheram’s “bold and ambitious” plan has been described as a “roadmap” to increasing wages, driving investment, raising living standards and providing better services for the region’s 1.6m [...]

  • Anthropic: UK staff get eye-watering sums at AI giant

    October 9, 2025

    US AI giant Anthropic is paying its UK staff eye-watering financial packages as it attempts to build a foothold in this country. The business, which only launched in the UK at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m. Its wage [...]

  • Job vacancies tumble in July as hiring appetite eases

    August 26, 2025

    UK job vacancies tumbled in July following a strong June performance, with entry level roles still suffering from a weak job market. Vacancies fell month on month following June’s strong rebound, down 1.24 per cent to 864,705, according to the latest job market report from Adzuna. Average salaries suffered a slight fall, slipping to £42,264 [...]

  • Unemployment creeps up as firms cut jobs following Reeves tax raid

    June 10, 2025

    The unemployment rate has crept up to 4.6 per cent from 4.5 per cent, official data has revealed, putting Chancellor Reeves’ ambition of growing the UK economy and getting people into work under threat.  It is the highest unemployment rate in three years, with the UK economy then recovering from the pandemic. Figures released by [...]

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