Barclays boss: UK banks are taxed too much September 12, 2025 Ahead of the Autumn Budget, Barclays’ chief executive has called on the government to curb pay rises for public sector workers and to avoid increasing taxes on banks. Speaking to the Financial Times, CS Venkatakrishnan said “we need to find a way to curb wage inflation,” and emphasised the need to curb expenditure at the [...]
Rugby is crying out for celebrity investment September 12, 2025 If you take a gander across the sporting landscape there’s a plethora of celebrity faces propping up a new kind of club. Take Ryan Reynolds and Rob McElhenney at Wrexham, or Tom Brady at Birmingham City; both clubs have been propelled to stardom off the field as a result of celebrity investment – with the [...]
European tech rocketships are taking off, but London is being left behind September 12, 2025 A new generation of tech 'rocketship' companies are giving Europe its mojo back, but London is lagging, writes Christoph Klink.
NBA Europe working on salary cap solution, says boss Silver September 11, 2025 The NBA is working on how it can apply its salary cap and revenue-sharing model to NBA Europe, its planned pan-continental basketball competition, says commissioner Adam Silver. The basketball league operates a soft cap on teams’ salary spending and requires high-earning franchises to subsidise their poorer counterparts, part of a largely socialist model common to [...]
Labour using ‘sticking plasters’ and failing to attract foreign investment September 11, 2025 The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]
Being a landlord in central London is no longer very profitable September 11, 2025 London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords the lowest return in the country, according to Archimedia Accounts, with yields of just 1.77 per cent. Westminster fares little better, with a flat costing [...]
Week in Business: Businesses flee high-tax Britain September 11, 2025 On the same day that Reeves said "there's no growth without investment", a pharma giant pulled its £1bn London investment plans.
Boxpark to feature at British Grand Prix after Silverstone deal September 11, 2025 Well-known London chain Boxpark will next year have a presence at the Formula 1 British Grand Prix after signing a deal with Silverstone. The partnership, described as “landmark” by both parties, will see Boxpark “deliver a festival-style fan experience” at the race track, which attracts around 500,000 across the British Grand Prix week. It builds [...]
Mandelson scandal is sickening, but it’s the economy that’s fatal for Starmer September 11, 2025 Despicable Peter Mandelson is deeply damaging for Keir Starmer, but it’s the economy that will collapse his government, says Alys Denby Jeffrey Epstein’s ‘birthday book’ is a sickening document. It doesn’t just contain damning messages from Donald Trump and Bill Clinton, but a cartoon depicting the financier grooming children to give him lewd massages, images [...]
Wicked: Record London show sales after film’s success September 11, 2025 The global box office success of the big screen adaptation of musical Wicked helped the London stage show rake in record ticket sales last year. The film, staring Cynthia Erivo and Ariana Grande, was released in November 2024 and generated more than $756m (£559.2m) worldwide off the back of a successful promotional tour. It was [...]