Jonathan Reynolds slams wealth tax as ‘daft’ in broadside against Labour left July 25, 2025 Jonathan Reynolds has dismissed the prospect of a wealth tax as “daft”, amidst repeated warnings from the City that the policy would damage the UK economy. In a podcast interview with GB News, the business secretary told those on the left of the Labour party: “Get serious!” Reynolds insisted that much of Labour policy already [...]
‘Our guests like to eat’: The Maldives hotel with incredible food, gorgeous sealife and 24 hour butler service July 25, 2025 At Malé Seaplane Lounge on the final leg of my journey to a rather gorgeous hotel in the Maldives, I found a glossy coffee table book. Inside were photographs of tropical sunsets, grinning locals, and thoughtful essays on Maldivian culture. I wanted a copy; it was a welcome shift from the influencer reels I’d scrolled [...]
Five day doctors’ strikes begin as Wes Streeting-BMA talks break down July 25, 2025 Resident doctors – formerly known as junior doctors – led by the British Medical Association (BMA) began a five-day strike on Friday morning, set to last until 7am on Wednesday. Health secretary Wes Streeting said on Thursday evening that strike action should have been a “last resort”, and “we did not need to be in [...]
UK retail sales bounce back as Brits enjoyed warmest June on record July 25, 2025 Sales for UK retailers rose last month as Britons enjoyed the warmest June on record, which helped drive sales of food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volume rose by 0.9 per cent in June, following a 2.8 per cent fall in May, as consumers [...]
Here’s what private equity and venture capital need from Rachel Reeves July 25, 2025 Changes to carried interest, non-doms and wealth tax rumours are putting investors under pressure. Time for Rachel Reeves to adopt a more pragmatic, pro-growth approach, says Michael Moore In her October Party Conference speech, the Chancellor Rachel Reeves declared that ‘If growth is the challenge, investment is the solution’. She is right. The Chancellor has [...]
Lunchtime Tourism: Why Goldsmith’s Garden is the bees knees July 24, 2025 Our new series Lunchtime Tourism tells you all about the places you can visit in the Square Mile on your lunch break. Think you have a better option? Our Toast the City awards are celebrating the green spaces and hidden gems (and much, much more) that make the City great and we want YOU to [...]
The gloves are on! Lord Mayor and Ricky Hatton to appear at City boxing night July 24, 2025 The Lord Mayor of the City of London is swapping his robes for boxing gloves and stepping inside the ring for a celebration of the sport featuring former world champion Ricky Hatton and promoter extraordinaire Barry Hearn. The Lord Mayor, Alderman Alastair King, will take on a mystery American opponent in an exhibition bout to [...]
Office Dating Rules: What to Do (and Not Do) After that Coldplay Kiss Cam July 24, 2025 Office dating? Here’s how to handle romance at work – from HR rules to red flags – without risking your job or dignity.
Business lender Shawbrook plots £2bn London IPO July 23, 2025 Shawbrook is lining up a London IPO in the second half of the year in a much-needed boost to the capital’s public markets. The business lender is pressing ahead with plans that target a valuation of as much as £2bn, according to the Financial Times. The firm’s private equity owners had been seeking an exit [...]
One month on, the wheels are already coming off the government’s industrial strategy July 23, 2025 Today marks one month since the publication of the government’s shiny new industrial strategy. Businesses everywhere could hardly contain their excitement after hearing the scale of Downing Street’s ambitions. So, what has happened since? Here are some of the highlights. A biodiesel plant in Lincolnshire has been closed, as well as a nearby bioethanol plant. [...]