London families to shoulder nearly a quarter of all inheritance tax bills January 13, 2026 Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]
Uber drivers plot exodus as platform swerves ‘taxi tax’ January 13, 2026 Uber is staring down the barrel of a potential driver exodus as members of its fleet threaten to jump ship to rival apps or return to black cabs, following a new year contractual overhaul designed to swerve a huge VAT bill. Documents seen by City AM show a wave of fury in private messaging groups, [...]
Data centre planning applications rocketed more than 60 per cent in 2025 January 13, 2026 Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
TfL to spend £100m a year on cleaning tubes amid graffiti spat January 13, 2026 Commuters will foot an annual £100m bill for cleaning tubes and buses over the next five years, City AM can reveal, with transport officials hoping a new provider will help to wipe out graffiti across the network. Transport for London (TfL), which is chaired by Mayor Sadiq Khan, revealed it signed a contract with the [...]
From Elton John to Kylie: 10 best alcohol free wines for Dry January January 12, 2026 The best alcohol free wines to try this month Put down that sad glass of tap water. If you are taking a break from alcohol, I have some of the very best options out there, none of which involve pretending you enjoy drinking London’s chalky, limestone-heavy water. Spoil YourselfEven in the driest of months, there [...]
‘Extreme shareholder destruction’: Fitzwalter dials up assault on Auction Technology Group January 12, 2026 Auction Technology Group management have been accused of overseeing a period of “extreme shareholder destruction” by its largest shareholder, in the latest salvo of a feud that has seen the auction platform provider rebuff 11 takeover approaches from the firm. In a blistering update to markets on Monday, Fitzwalter Capital said Auction Technology Group’s (ATG) [...]
Hargreaves Lansdown swipes new chief executive from Vanguard January 12, 2026 Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]
Reeves’ VCT changes ‘could put start up funding at risk’ January 12, 2026 Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]
Australian Open enjoys record crowds before tournament has even begun January 12, 2026 Australian Open organisers are toasting record crowds before the Grand Slam has properly begun after a near four-fold year-on-year increase in attendance on the first day of play at Melbourne Park. More than 29,000 tennis fans poured through the gates on Monday to catch players including home favourite Bernard Tomic and Brit Dan Evans in [...]
The tax return deadline is looming. Here’s how to avoid fines January 12, 2026 Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]