The six-figure club: Associates at elite US legal firms set for bonus boom December 30, 2025 More than 60 per cent of UK workers aren’t expecting a Christmas bonus this year, but that’s not the case for City lawyers, some of who will receive generous six-figure payouts. Many US law firms operate under the Cravath Scale, named after the law firm Cravath, Swaine & Moore, a transparent lockstep system of associate [...]
Exclusive: CVC Capital Partners nearing external investment for $14bn Global Sport Group December 30, 2025 Six Nations investors CVC Capital Partners is close to securing external investment in its $14bn Global Sport Group, which is expected to trigger a wave of new sporting acquisitions at the start of next year. GSG, which is chaired by former EE chief executive Marc Allera, was formed earlier this year to run CVC’s existing [...]
This remote part of Patagonia is one of the wildest places on Earth December 30, 2025 Get the best of Patagonia by going out into the sticks, says Luke Abrahams It’s roughly 9am on a blisteringly hot January morning and I find myself in the driest place on earth. My skin is flaking and my lips are so chapped they are bloody painful to touch. The first question I have on [...]
Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection December 30, 2025 Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]
House prices plunge around London with Brighton, Crawley hit hardest December 30, 2025 Patches of London’s ‘stockbroker belt’ suffered the most significant decline in house prices this year, as both the capital and the South East fell behind northern regions. The West Sussex town of Crawley suffered an 8.9 per cent drop of £36,317, while High Wycombe saw a 7.4 per cent drop, with £34,994 wiped off house [...]
Exclusive: O2 Arena open to hosting NBA Europe after record-breaking year December 30, 2025 The owners of London’s O2 Arena have insisted they have enough days in their calendar to host a NBA Europe franchise in the capital should the league launch in 2027. The US basketball league is exploring the possibility of setting up a European equivalent, tapping into major football club brands this side of the pond. [...]
Tax crackdown in 2026: Why experts predict a wave of enforcement actions December 30, 2025 Under the Labour government, HMRC has shifted from a reactive to a highly proactive stance, and tax experts expect increased tax enforcement in the new year. The government has committed to invest an additional £555m annually in HMRC to boost tax compliance and transform its technology. The investment aims to raise an extra £5.1bn in [...]
The best London theatre 2026 from musicals to West End transfers December 30, 2025 One of the great joys of living in London is the abundance of incredible theatre that exists on your doorstep – if you’re not taking advantage, why are you paying the London tax? Here’s a list of the London theatre 2026 we’re most looking forward to, from the biggest blockbuster musicals to the most hotly [...]
Fifa boss Infantino defends 2026 World Cup ticket prices, citing demand December 29, 2025 Fifa boss Gianni Infantino has defended the price of tickets for next year’s World Cup. Football’s governing body has come under intense pressure surrounding the cost of tickets, with the cheapest seat at next summer’s final costing over £3,000. Infantino’s Fifa was forced to introduce capped tickets for some fans of the teams competing at [...]
Accountancy body reverts to in-person exams over AI cheating fears December 29, 2025 The UK’s accounting body, which has almost 260,000 members, is planning to halt remote exams amid a surge of students cheating with AI. The Association of Chartered Certified Accountants (ACCA) has said that from March it will no longer allow students to take online exams, except in exceptional circumstances. Remote testing, like in many universities [...]