The UK’s IPO market is in need of pizzazz – here’s how to get it August 14, 2025 London's IPO market is struggling, but there is hope. Here's how the government can revitalise the country's capital markets.
London ‘staring down the barrel’ of £2bn hit from higher business rates August 14, 2025 London is set to take a massive blow from changes to business rates when the tax increases next April. Business rates could rise by an estimated 26 per cent across the capital, from £9bn to £11bn, according to the Heart of London Business Alliance (HOLBA). “Businesses in the West End and across London are staring [...]
Mark Kleinman: Thames Water’s fate now sounds like a dripping timebomb August 14, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Thames Water’s fate now sounds like a dripping timebomb There are few more irritating sounds than that of a dripping tap you cannot fix. That, writ large, is the headache facing the Labour government as it [...]
Beazley: Shares slump after profit falls August 13, 2025 Shares in Lloyd’s of London insurance group Beazley fell more than 11 per cent after the company reported a sharp drop in profit for the first half of 2025. Beazley reported a profit before tax of $502.5m (£371.9m) for the six months ending 30 June 2025, down from the $728.9m reported in the first half [...]
US giant Anthropic poaches British AI firm founders in OpenAI rivalry August 13, 2025 Anthropic has hired the three cofounders of London-based AI startup HumanLoop, along with most of its engineering and research staff, in its latest move to bolster AI talent in Europe. As Sifted reported on Tuesday, the hires include chief executive Raza Habib, chief tech officer Peter Hayes and chief product officer Jordan Burgess, all of [...]
Dishoom warns that Brits’ low incomes pose risk for hospitality August 13, 2025 Dishoom has warned that the dual effects of still-low disposable income in the UK and tax rises in last autumn’s Budget present a short-term risk to British hospitality. The iconic restaurant business added that these factors may be exacerbated by “a possible slowdown in economic growth”. Confidence in the UK’s hospitality sector has been in [...]
City AM Triathlon Team Challenge at T100 London hailed as great success August 13, 2025 A successful London T100 Triathlon weekend saw Maurten UK come home first in the City AM Triathlon Team Challenge. The London-based subsidiary of Swedish sports nutrition company Maurten AB came first out of 26 City AM Triathlon Team Challenge teams in a time of one hour, 12 minutes and 47 seconds. The likes of Steph [...]
Facial recognition vans rolled out across England in crime crackdown August 13, 2025 An additional seven police forces in England will be using ten new live facial recognition (LFR) vans to track suspects wanted for serious crimes, including sexual offences, violent assaults, and homicides. The rollout, announced by the Home Office, will see Greater Manchester, West Yorkshire, Bedfordshire, Surrey, Sussex, Thames Valley and Hampshire police share the vehicles. [...]
House prices in top catchment areas soar as parents race to bag places August 13, 2025 House prices in top primary and secondary school catchment areas are now nearly 50 per cent more expensive than the average as competition intensifies amid an increase in private school fees. The average price of a home in the catchment areas of the top 50 primary and top 50 secondary schools in the UK is [...]
Zilch hikes provisions amid ‘record year’ for customer growth August 13, 2025 UK fintech Zilch raised its provisions for losses in the last year as demand for buy now, pay later services ballooned. The London-headquartered firm raised provisions for credit losses – funds set aside to cover estimated losses from failed repayments – to £27.4m – a 116 per cent jump from £12.7m the year prior. Credit [...]