UK legal sector books double-digit revenue growth in 2024 December 9, 2025 Total revenue from legal activities in the UK reached a record £52.3bn in 2024, up 11 per cent from 2023, according to a new report by TheCityUK, published in partnership with Barclays. The UK boasts the world’s second-largest legal services market, trailing only the US, thanks to the dominance of English common law. Overall, the [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]
Expereo Helps Kingspan Light, Air + Water Remove Network Complexity and Boost Resilience Across 100 Sites Worldwide December 9, 2025 The partnership provides Kingspan Light, Air + Water with enhanced connectivity globally
Ann Summers remains in the red as sales stall and jobs shed December 9, 2025 Ann Summers’ sales have stalled as it shed jobs and remained in the red during its latest financial year, it has been revealed. The business has posted a turnover of £93.4m for the 12 months to 28 June, 2025, according to new accounts filed with Companies House. The total comes after Ann Summers also reported [...]
Laurent-Perrier: King’s champagne supplier blames private school VAT for sliding sales December 9, 2025 Labour’s introduction of VAT on private school fees contributed to profit at Laurent-Perrier, which supplies King Charles III with champagne, being significantly cut during its latest financial year. The division of the French giant has said its sales were impacted not only by the Labour government extending VAT to school fees but also higher interest [...]
Government puts anti-corruption spotlight on ‘corrupt lawyers, bankers, and accountants’ December 9, 2025 The UK government launched a new anti-corruption strategy targeting “professional enablers”, such as “corrupt lawyers, accountants and bankers” who help dirty money flow. It is estimated that over £100bn is laundered through the UK every year by the National Crime Agency (NCA). The corruption has also affected British businesses, which have faced 117,000 bribe offers [...]
Former Entain execs take Gambling Commission to court over failed 888 bid December 9, 2025 The former CEO and chairman of Entain, the group behind Coral and Ladbrokes, are set to face the Gambling Commission at court on Tuesday over alleged misuse of private information. Kenny Alexander and Lee Feldman filed a civil case against the UK’s gambling regulator in October 2024. This action follows their failed 2023 leadership bid [...]
Huel and Moneybox founders head to No 10 as Reeves courts scale-ups December 9, 2025 The bosses of Huel and Moneybox were among dozens of founders headed to No10 on Monday evening, as the government wooed scale-ups with a sweeping package of tax and investment reforms unveiled in the Budget. Rachel Reeves used the Downing Street reception to promote what she claimed was the most significant overhaul of entrepreneur incentives [...]
Are the rich getting richer because the poor are getting poorer? December 9, 2025 Adherents of the zero-sum belief that the rich are only rich because they have taken something from the poor cannot explain why the number of poor people fell massively while the number of rich people rose massively, says Rainer Zitelmann “The rich are getting richer and the poor are getting poorer” – few statements have [...]
Trump won’t be able to resist shaping the future of American media December 9, 2025 Less than twenty years ago, Netflix was still sending DVDs through the post. That particular innovation helped to see off Blockbuster, which crashed from a valuation of around $5bn in the early 2000s to bankruptcy in 2011. Today, Netflix has a valuation north of $400bn and is swooping on a giant of the golden age [...]