Hedge fund tycoon Alan Howard quits UK for Switzerland December 23, 2025 The co-founder of Brevan Howard Asset Management, Alan Howard, is the latest wealthy individual to exit the UK following tax hikes imposed by the Labour government. The hedge fund tycoon relocated from Britain to Switzerland in early June, according to an analysis of UK registry filings by Bloomberg. Howard had previously moved from London to [...]
Quant firm G-Research owner pays out £106m in wages to 49 staff December 23, 2025 A parent company to secretive quant trading firm G-Research has posted a £106m wage bill to pay its 49 staff over eight months, the firm’s latest accounts show. Braunford LLP, which was incorporated last year for “the provision of staff and agent services” and shares an address with G-Research, has posted its inaugural set of [...]
Wrexham-based Chetwood Bank takes on London rivals with £1bn jump in deposits December 23, 2025 Chetwood Bank has seen a near-£1bn jump in customer deposits as the Wrexham-based business wrestled market share from London fintech rivals. The Welsh digital bank, owned by US investment fund Elliott, posted a £960m increase in customer deposits in the year to March, bringing them to £3.8bn, a rise of just over a third, according [...]
A matter of loaf and death: How to bake the perfect sourdough December 23, 2025 Standing in silence here at Bread Ahead in Borough Market, awaiting our instructions, you could have heard a pin drop. I am here taking a sourdough masterclass and attempting to breathe life into my creation, not to mention keeping my mother – the flour-and-water starter used to make sourdough – alive. Thankfully, the air here [...]
Property slump hits half of London as prime boroughs lead the decline December 23, 2025 London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]
Champ clubs demand divorce payment from RFU over Prem franchise plan December 23, 2025 The Rugby Football Union is facing the threat of legal action from Champ clubs if the RFU Council approves a proposal from the Prem to become a franchise league with no promotion from the second tier. City AM has learned that the Champ Rugby board held an emergency meeting with clubs last week at which [...]
Tears, scandal, c*ck-ups and conspiracy: Westminster’s worst moments of 2025 December 23, 2025 Westminster never disappoints. When Keir Starmer came into Downing Street, he promised that politics would “tread more lightly” on the lives of everyday people. He was likely referring to the farce of Partygate, leadership battles and political blunders under successive Tory governments. But Labour have got caught up in less than pleasant situations of their [...]
The year in law: Scale, survival, and the surge of the transatlantic titans December 23, 2025 From the birth of new transatlantic titans to a government-led rescue of the litigation funding market, 2025 has seen the City’s legal landscape rewritten by a relentless pursuit of scale and a newfound reliance on the machine. The legal sector started the year with US President Donald Trump attacking the industry, as Trump vs Big [...]
Why are people pooping on the pavements of the Square Mile? December 23, 2025 Why is the City of London running an advertising campaign reminding people not to despoil the streets at Christmas? Asks James Ford The City of London has many ancient and arcane traditions. The City Corporation, the Square Mile’s local council, can trace its roots back to Anglo-Saxon times. Not only is the Corporation led by [...]
All I want for Christmas is economic growth December 23, 2025 Keir Starmer has quietly abandoned his “five missions”, now he should dispense with all policies that are standing in the way of growth, starting with the Employment Rights Bill, says Joe Hill As we ring out 2025 and ring in 2026, it’s good to reflect on what we’re leaving behind as well as looking to [...]