It’s not the rich who fill the gaps when non-doms leave Britain – it’s you July 30, 2025 16,000 high-net-worth individuals are set to leave Britain this year, taking with them jobs, investment and growth. Here’s how we win them back… We talk a lot about wealth in Britain. We just don’t talk enough about what happens when it walks out the door. Because it’s happening. And faster than anyone wants to admit. [...]
Gusto: Restaurants to close and almost 200 jobs lost as rescue agreed July 29, 2025 Almost 200 jobs have been lost at Italian restaurant chain Gusto after a deal to buy it out of administration was agreed. Cherry Equity Partners is to acquire the majority of Gusto in a move which will lead to around 190 redundancies and the closure of six restaurants. The deal, which is being undertaken through [...]
Wasabi: Sushi restaurant chain sheds jobs as profit slashed July 28, 2025 Profit at popular London sushi restaurant chain Wasabi has been slashed as it shed more than 100 jobs during its latest financial year, it has been revealed. The business has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House. The latest total comes after Wasabi posted a pre-tax [...]
‘Our guests like to eat’: The Maldives hotel with incredible food, gorgeous sealife and 24 hour butler service July 25, 2025 At Malé Seaplane Lounge on the final leg of my journey to a rather gorgeous hotel in the Maldives, I found a glossy coffee table book. Inside were photographs of tropical sunsets, grinning locals, and thoughtful essays on Maldivian culture. I wanted a copy; it was a welcome shift from the influencer reels I’d scrolled [...]
The Ned boss Gareth Banner interview: This brand is just getting started July 24, 2025 “Ten years ago, people would have laughed at the idea of doing something like this…” Gareth Banner is talking about City AM’s new Toast the City Awards celebrating all the things that make the Square Mile great, for which he has signed on as a judge. And Banner knows a thing or two about the [...]
Caroline Wayman: How I got through tough times at the Financial Ombudsman July 24, 2025 We dig into the memory bank of the City's top brass. Today, Caroline Wayman tells us how she got through tough times as head of the Financial Ombudsman.
Angela Rayner pushes for new tourist tax to fix black hole July 22, 2025 Deputy prime minister Angela Rayner is pushing Chancellor Rachel Reeves to give more power to councils to tax tourists amid worries that local governments are struggling to keep finances in check. Rayner has suggested that councils should be able to tax tourist hotel stays and take advantage of a rise in visitors, rather than taxing [...]
HMRC cracks down on tax-avoiding restaurants and takeaways July 21, 2025 HMRC has put the restaurant sector firmly in its sights as it tries to hit ambitious targets set by the government. It has ‘named and shamed’ 98 restaurant businesses in a single day, according to accountants Hacker Young. The firms owe a collective £10.4m in unpaid tax and HMRC has issued them with a total of [...]
Eat, drink, sleep, repeat: The best summer restaurants in London July 17, 2025 It has been a busy fortnight for the Bluebird brand I oversee as CEO of the Evolv Collection. In our Liverpool Street South Place Hotel, we launched the Bluebird Club, while at Silverstone we entertained drivers, celebrities and musicians with our trackside Bluebird Backstage lounge. And over in Chelsea, we have been the unofficial Wimbledon [...]
The best places to drink Portuguese wine in London right now July 15, 2025 Portuguese wine has flown relatively under the radar when compared to its neighbours France, Italy and Spain. “I’m bewildered when I visit a restaurant and there’s nothing from Portugal,” says Max Graham, founder of Bar Douro. “It offers such diversity – from mountains to the Atlantic coast and volcanic islands, there are over 250 native [...]