Britain’s biggest bingo chain explores sale despite tax raid threat October 11, 2026 The owner of the UK’s biggest bingo hall operator is exploring a sale of the company, even as gambling bosses warn a huge tax raid could threaten the industry. Asset manager ICG has appointed bankers to advise on discussions with potential buyers for Buzz Bingo, it is understood. The Nottingham-based chain is looking for a [...]
Britain ‘becoming incubator nation’ of firms that flee London October 11, 2026 The UK is at risk of becoming an “incubator nation” which creates promising start-ups before losing them to rival markets, John Healey has been warned. The Chancellor has been told to take immediate action to revive the London stock market, as City leaders warned that the exodus of British start-ups is “not business as usual”. [...]
Retail bosses ramp up pressure on Healey to cut ‘ridiculous’ tax burden October 11, 2026 The bosses of Marks & Spencer and John Lewis have piled further pressure on the government to slash the “ridiculous” tax burden facing high street firms. Stuart Machin, chief executive of M&S, called on Chancellor John Healey to “restore hope” within the retail industry by turning a corner from Labour’s last two budgets, which he [...]
City minister insists capital markets reform ‘not a job done’ October 11, 2026 A top Treasury minister has opened the door to further capital markets reforms after saying the government’s job was not done in improving listing incentives. Lucy Rigby, who serves as the economic secretary to the Treasury, otherwise known as City minister, told City AM the government was “continually looking for ways that we can ensure [...]
Investor pressure mounts on boss of King’s favourite interior designer October 10, 2026 A former National Lottery boss is under growing pressure to quit as chair of King Charles’s preferred interior design outlet over opposition to the group’s “lavish” relocation and “poor performance”. Dame Dianne Thompson is facing calls to resign from her role at Sanderson Design Group as part of a campaign against the wallpaper company’s drift [...]
Airtel Money listing shows London is still one of the best places to grow a company October 9, 2026 Airtel Money chief Ian Ferrao put it best: "when you look at all of the variables, London still comes out top”, writes Lucy Rigby.
Palantir’s Tom Watson warns Labour against ‘mob rule’ on procurement October 9, 2026 Former Labour deputy leader and top Palantir executive Tom Watson has warned his party could face “trouble” if they bow to “mob rule” on procurement procedures. Lord Watson, who became a senior vice president at the US tech giant in September, said Palantir is “very targeted by the people that are targeting Israeli companies”. Watson [...]
Healey is chasing away City professionals for very short-term gains October 9, 2026 Retaining the individuals who fund business expansion should be considered a national priority, but Healey looks more likely to drive them away.
Manchester City manager Maresca ‘trusts’ club but refuses to be drawn on future October 9, 2026 Manchester City manager Enzo Maresca has refused to discuss his future in the job until after the outcome of the club’s appeal against Premier League financial rule breaches is known. Addressing for the first time the bombshell findings of an independent commission which threaten City’s top-flight status and their legacy as England’s most successful team [...]
Former City trader’s rate rigging conviction overturned October 9, 2026 A former City trader previously convicted of rigging the Euribor interest rates has had his fraud conviction overturned. Christian Bittar, formerly a trader at Deutsche Bank, had his conviction overturned by the Court of Appeal on Friday after being sentenced to five years in prison for rigging the primary European interest rate, the Euro Interbank [...]