Hundred teams to be buoyed by hike in IPL franchise valuations July 8, 2025 Hundred teams with links to the Indian Premier League (IPL) are to be buoyed by increased brand valuations for their subcontinental sibling clubs after a new report revealed major competition growth. While Royal Challengers Bengaluru, who do not have any involvement in bids for the eight Hundred franchises, topped the brand value list at £198m, [...]
Charities ‘penalised’ by Rachel Reeves’ taxes July 8, 2025 Chancellor Rachel Reeves’ hike to employers’ national insurance contributions (NICs) has “penalised” staff at charities up and down the UK, a new study has suggested. Rachel Reeves has reportedly suggested the £20bn tax raid on mid-sized firms was “low hanging fruit” to provide extra funding for the NHS and schools. But the collateral damage from [...]
Brits pour scorn on Labour after week from hell July 7, 2025 Brits have delivered a withering verdict on Labour after a week in which the anniversary of their election victory was marred by shambolic u-turns and infighting. Following the dramatic events of last week, voters’ disapproval of the government appears to have intensified with a growing number of Brits opposing the government’s high-tax-high-spending policies, according to [...]
Rachel Reeves urged to rip up ring-fencing in banking growth push July 7, 2025 Rachel Reeves is facing renewed pressure to scrap the ring-fencing regime imposed on British banking giants in a bid to bolster the sector’s international competitiveness and bolster economic growth. The Chancellor has been lobbied by top banking chiefs to ditch the “redundant” 15-year-old legislation, which requires major banks to separate their retail banking operations from [...]
Analysis: A US-EU trade deal looks unlikely. What does that mean for the UK? July 7, 2025 The clock is ticking on the EU-US trade deal set to expire on 9 July. The European Union is pushing for immediate relief from tariffs, but the bloc expects even a best-case deal to include a degree of asymmetry. While the UK is not at the negotiating table, Britain may find itself absorbing collateral damage [...]
Wimbledon expansion faces High Court hearing on Tuesday July 7, 2025 The All England Club will today face a High Court challenge over its proposed expansion of Wimbledon, which campaigners have branded “unlawful”. The Save Wimbledon Park group argues that £200m plans for the All England Club to expand across the road and into a neighbouring golf course, involved “errors of law and planning policy” by [...]
UK becomes ‘most attractive country’ for investment as risk appetite grows July 7, 2025 The UK has risen up the ranks to become the joint top location for investment among CFOs around the world, a new survey has suggested, with financial officers open to taking on greater risks. City leaders and policymakers have widely spoken about their desire to take on bigger gambles to drive returns and improve growth [...]
Bank of England ‘open minded’ on use of stablecoins in wholesale markets July 3, 2025 A director at the Bank of England has said Britain’s central bank is “open minded” on the use of stablecoins in wholesale markets in a marked softening of its stance in the technology. Speaking at the City Week conference, Sasha Mills, Executive director of Financial Market Infrastructure, said the Bank was “considering” what role stablecoins [...]
Consumer spending drives ‘healthy pickup’ for UK businesses July 3, 2025 Consumer and business spending has led to a “healthy pickup” in business activity, fresh research has suggested, despite concerns income had been squeezed by higher taxes and energy bills. The Labour government was recently dealt a blow as the Office for National Statistics (ONS) revealed the UK economy contracted by 0.3 per cent in April, [...]
‘We welcome Renters’ Rights Bill. It’ll make us up our game’: Goodlord CEO William Reeve July 3, 2025 Bring on the Renters' Rights Bill says Goodlord CEO William Reeve, as he tells us about his career, City highlights and industry changes.