UK legal sector books double-digit revenue growth in 2024 December 9, 2025 Total revenue from legal activities in the UK reached a record £52.3bn in 2024, up 11 per cent from 2023, according to a new report by TheCityUK, published in partnership with Barclays. The UK boasts the world’s second-largest legal services market, trailing only the US, thanks to the dominance of English common law. Overall, the [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]
Government puts anti-corruption spotlight on ‘corrupt lawyers, bankers, and accountants’ December 9, 2025 The UK government launched a new anti-corruption strategy targeting “professional enablers”, such as “corrupt lawyers, accountants and bankers” who help dirty money flow. It is estimated that over £100bn is laundered through the UK every year by the National Crime Agency (NCA). The corruption has also affected British businesses, which have faced 117,000 bribe offers [...]
New British Cycling firm seeking equity and investment partners December 9, 2025 Key Hundred team adviser Oakwell Sports Advisory has been engaged by British Cycling as a new firm actively seeks “strategic equity and investment partners”. British Cycling Ventures has been formed to “supercharge commercial growth and target long term strategic investment” in the two-wheeled sport. Oakwell, who advised on The Sun Group’s acquisition of Hundred team [...]
Former Entain execs take Gambling Commission to court over failed 888 bid December 9, 2025 The former CEO and chairman of Entain, the group behind Coral and Ladbrokes, are set to face the Gambling Commission at court on Tuesday over alleged misuse of private information. Kenny Alexander and Lee Feldman filed a civil case against the UK’s gambling regulator in October 2024. This action follows their failed 2023 leadership bid [...]
How Natwest, Lloyds, Barclays and HSBC fired up the FTSE 100 in 2025 December 9, 2025 If 2025 was supposed to be the year of the AI bubble, nobody told Britain’s banking giants. Amidst the noise of the US tech boom, the UK’s FTSE 100 banking heavyweights, Natwest, Lloyds, Barclays, and HSBC, have staged a formidable, if understated, rally. Lloyds delivered an astonishing 75.8 per cent gain, while Barclays surged 65 [...]
I watched Gary Stevenson debate a real economist. Here’s why he’s wrong December 9, 2025 All Stevenson’s arguments in favour of a wealth tax are based on personal anecdote. When you look at the actual evidence his case falls apart, says Oliver Dean Last week, I had the opportunity to host a debate between famed YouTuber and activist Gary Stevenson, and Dr Kristian Niemietz of the Institute of Economic Affairs. [...]
Why nostalgia is dominating Christmas adverts December 9, 2025 The Notebook, where the City’s movers and shakers have their say. Today it’s Ogilvy’s Amelia Torode For those involved in UK advertising, Christmas is our Super Bowl, when ads become central to popular culture. Mishandle your Christmas advertising and you risk derailing the entire year’s revenue. When it comes to Christmas advertising, I believe nostalgia [...]
Magnum only scoops €8bn valuation on stock market debut December 9, 2025 Unilever’s demerged Magnum Ice Cream Company netted a €7.8bn (£6.8bn) valuation on its stock market debut, heavily undershooting early analyst expectations at an initial public offering overshadowed by a long-running spat with the founders of Ben & Jerry’s. Shares in the ice cream group, which also owns the Cornetto and Wall’s brands, opened 60 cents [...]
Where to drink wine in London with a touch of old-fashioned glamour December 8, 2025 It is a pattern we see repeatedly. At times of austerity and economic hardship: people crave luxury, colour and escapism. During the Great Depression we saw the rise of jazz, dancehalls and art deco glamour, while the World War II ushered in an era of escapist, technicolour movies filled with flights of fancy. Now in the [...]