Elon Musk’s X suffers sales and profit slump before Grok fallout January 9, 2026 Turnover and profit at the UK arm of X fell sharply in its second year after being taken over by Elon Musk, it has been revealed. The division’s turnover was slashed from £69.1m to £28.8m in 2024, accounts filed late with Companies House show. The results also confirm that Twitter UK’s pre-tax profit was cut [...]
FTSE 100 Live: Sainsbury’s and Unite dish shareholders cash; Mining merger talks January 9, 2026 Good morning and welcome back to the City AM liveblog. It was Britain’s retail sector taking centre stage yesterday amid a fresh influx of corporate updates that gave a snapshot of the industry’s December performance. Tesco came out swinging, revealing its market share had climbed to the highest in 10 years after a Christmas sales [...]
Lotus Emira Turbo SE review: A driving experience to savour January 9, 2026 The Lotus Emira always felt like a good car with a great one trapped inside, trying to crowbar its way out. Can this new Turbo SE liberate the Emira’s untapped potential? Daily-driving one for a few weeks will provide an answer… The ‘Turbo Special Equipment’ badge is an evocative one for Lotus enthusiasts (and I [...]
London arts sector must learn to speak corporate to save itself January 9, 2026 To protect the vital arts sector, London's creatives must learn the corporate walk and talk, writes Austin Casey.
Make this the year Britain stops punishing wealth creators January 9, 2026 Britain is now a £1 trillion tax state with the biggest differential between high and low earners in the OECD. Our top 10 per cent face rates comparable to Denmark while middle earners pay less than Americans, except we don’t deliver Scandinavian public services or American entrepreneurship. We’ve stumbled into the worst of all worlds, [...]
A London Broncos success story will shape rugby league in capital January 9, 2026 Come this time next weekend an Australian rugby league legend, some of his countrymen and thousands of Londoners will gather at AFC Wimbledon’s Plough Lane as a renewed London Broncos take to the field in the Championship. One of only two English clubs in the top two tiers of rugby league south of Warrington, London [...]
Sheridan Smith dazzles in psychedelic Woman In Mind January 8, 2026 Woman In Mind | ★★★☆☆ | Duke of York’s Theatre Sheridan Smith’s stage work over the last decade has been a case of art imitating life. In 2016 she pulled out of a run of performances of Funny Girl suffering from anxiety and burnout, triggering a tabloid feeding frenzy. Since then she has led a production [...]
Pension schemes to go under the spotlight in a bid to end poor value January 8, 2026 UK pension schemes could find themselves thrust under the spotlight, as industry bodies look to get savers better offers and quality of service. Schemes will need to publish clear data on their performance, costs and quality of services under proposals brought forward by bodies including the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR). [...]
HSBC to cough up £230m over dividend tax-fraud claims January 8, 2026 European banking juggernaut HSBC is set to cough up nearly £230m to settle an investigation relating to tax-fraud claims. The FTSE 100 titan was accused of helping foreign investors evade taxes on dividends through a sophisticated financial manoeuvre known as ‘cum-cum’ trading. This relates to a series of transactions between 2014 and 2019, which were [...]
Vitality posts healthy profit as revenue passes £1bn January 8, 2026 Health and life insurer Vitality surged back into the black after its revenue passed the £1bn mark during its latest financial year. The London-headquartered business has posted a pre-tax profit of £48m for the 12 months to 30 June 2025, new accounts filed with Companies House show. The total comes after it fell to a [...]