Rachel Reeves plans another NIC tax raid at November Budget October 21, 2025 Rachel Reeves is gearing up for another billion-pound raid on National Insurance Contributions (NICs) as the Chancellor finds ways to plug a huge fiscal black hole in November’s Budget. Reeves is understood to be drawing up plans to extend NICs taxes to include limited liability partnerships or LLPs, to whom the tax does not currently [...]
Good luck to my fellow Toast the City award nominees! October 21, 2025 It is the day of City AM’s Toast the City Awards, celebrating the hospitality and placemaking that makes the Square Mile great. I could not be more proud to be attending, as both a judge and a nominee. I would like to reach out ahead of the event to wish all the best to everyone [...]
Rolex is London’s most stolen luxury watch, but few recovered by Met Police October 21, 2025 Over 5,000 luxury watches have been stolen in London over the last three years, but barely one in 88 of these watches has been recovered by the Metropolitan Police. According to a Freedom of Information request seen by City AM, there have been 5,180 high-value watches, worth £3,000 or more, stolen between January 2022 and [...]
UK Athletics posts profit for first time since 2017 October 21, 2025 UK Athletics has hailed a financial turnaround after going from a deficit of £1.2m to a surplus of £107,000 – its first since 2017. The accounts for the year to March 31 2025 saw losses slashed just three years after the track and field governing body appeared to be on the brink of bankruptcy. UK [...]
Rolls-Royce Corniche Shooting Brake review: Estate of the art October 21, 2025 Niels van Roij looks every inch the English gentleman. The Dutch-born designer is wearing an immaculately cut tweed suit with leather-lined pockets, topped off with a green woolen tie. Only later do I realise that identical fabrics were used to trim the Rolls-Royce waiting outside. “I have a suit created to celebrate each car, using [...]
Top Aussie pension funds wooed by Labour amid investment drive October 21, 2025 Some of Australia’s largest pension funds are being courted by the Labour government amid a rush to attract higher investment in the UK. Ahead of a summit in Birmingham, Australia’s largest pension fund AustralianSuper said it was still investing an extra £7bn UK assets over the next five years, a move praised by the government [...]
Coca-Cola HBC in £2bn Africa takeover October 21, 2025 London-listed bottling business Coca-Cola HBC is to acquire Coca-Cola Beverages Africa in a $3.4bn (£1.9bn) deal. The cash-and-shares deal, which will be part-funded by a new bridge debt facility, will see a transfer of the ownership of the African bottling business after 85 years of ownership by the South African Gutsche family. The move will [...]
Rugby League: Wembley Ashes Test to set UK attendance record October 21, 2025 The first rugby league Ashes series in over two decades is set to see a record attendance for its first Test at Wembley between England and Australia. The Rugby Football League will see over 57,000 head to Wembley Stadium this weekend to see the hosts take on the Kangaroos in the first of a three-Test [...]
Henrys face horrid Budget amid looming tax raid October 21, 2025 High Earners Not Rich Yet individuals, also known as Henrys, are bracing for a horrid Budget as they could face a tax rate higher than a current level of 60 per cent, analysts have warned. Henrys, who are generally classed as professionals earning around £100,000 or more and often have little savings or fewer assets, [...]
Analysts dampen outlook for FTSE 100 banks as tax clouds gather October 21, 2025 The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike has dominated chatter around the sector in recent months and elevated fears across the City. It also comes alongside flaring tensions between the lending industry [...]