The Savoy Hotel sheds jobs as losses widen October 13, 2025 Losses widened at The Savoy Hotel as it shed jobs during its latest financial year while a major renovation project started. The five-star London hotel has posted a pre-tax loss of £19.6m for 2024, having also lost £17.5m in 2023. The last time The Savoy Hotel made a pre-tax profit was the £5.9m it reported [...]
Shawbrook looks to raise over £50m in November IPO October 13, 2025 Specialist lender Shawbrook has confirmed its intention to kick off an Initial Public Offering (IPO) on the London Stock Exchange. The company is targeting a listing in early November 2025 and expects to raise £50m in net proceeds through new shares. This will be alongside the sale of existing shares by Marlin Bidco Ltd – [...]
IMF annual meeting is high-stakes for the UK economy October 13, 2025 Amid global uncertainty, the UK economy needs a vote of confidence from the IMF at its annual meeting this week, writes Chris Hayward.
China’s London mega-embassy plan in limbo amid site security fears October 12, 2025 China’s plans for a new mega-embassy in central London have been thrown into doubt amid mounting national security concerns that the proposed site sits directly above critical fibre-optic cables linked to the UK’s financial networks. The £750m project at Royal Mint Court, the former home of Britain’s coin-maker, located next to the Tower of London, [...]
Anthony Watson on Red Roses, padel and giving back to sport October 12, 2025 Injury may have forced Anthony Watson to cut short his rugby career but he hasn’t kicked all of his sporting activities into touch. The former British and Irish Lions and England international is working on his golf game, enjoys a hit at his local padel club and has recently become an ambassador for the Laureus [...]
Business Leaders, Policymakers and Innovators Unite to Shape London’s Future October 11, 2025 London, 11 October 2025 – Hundreds of senior business leaders, policymakers, and innovators gathered last night at The Emmanuel Centre, Westminster, for “London – Opportunities and Obstacles for Growth,” a major public forum hosted by Central London Alliance CIC. Timed strategically to take place before the party conference season, but postponed because of the industrial action which [...]
Majority of Brits reject Labour’s ‘nanny state’ policies October 11, 2025 A majority of Brits reject ‘nanny state’ measures from Labour to control “unhealthy” lifestyle choices stating they have more trust in themselves than the government. Fresh polling from the Adam Smith Institute shows six in ten Brits do not support the government having much control over adults’ health and personal decisions. It comes after the [...]
PDC boss Porter on Saudi Darts Masters and future of Ally Pally October 11, 2025 If you have tuned into the World Grand Prix of darts in Leicester this weekend, you’d have needed to stare deep into your screen to see an empty seat at the 3,000 capacity Mattioli Arena. The sport’s hottest property Luke Littler has been showing off in the early rounds, and the class of years gone [...]
Better workplaces will make Britain more productive October 11, 2025 The UK’s significant productivity crisis is exacerbated by outdated and inefficient office environments, and improving these workplaces is a practical and cost-effective starting point for businesses to boost national output, employee efficiency and staff retention, says Phil Bentley Last Friday, The Office for Budget Responsibility submitted its latest estimates for the UK economy to the [...]
Parliament must ‘challenge’ Labour’s handling of China spy case October 10, 2025 Parliament has to “challenge the government’s handling” of the collapsed case against two men accused of spying for China, a senior Tory has told City AM. Speaking to City AM, David Davis MP, stated the issue must go to Parliament, “given that the government has quite explicitly put commercial interest ahead of the security and integrity [...]