Multiply Media Group Acquires 100% of London Lites, Accelerating Expansion in the UK November 27, 2025 Multiply Media Group (MMG), a subsidiary of 2PointZero Group PJSC (formerly Multiply Group PJSC), today announced the full acquisition of London Lites, one of London’s leading digital Out-of-Home (DOOH) operators. This transaction marks a major milestone in MMG’s international expansion, establishing an immediate presence in the UK’s outdoor market under the Backlite UK brand. This [...]
Relief for Cirata after FCA closes investigation November 27, 2025 Cirata execs have breathed a sigh of relief after the financial regulator closed a two-year investigation into the software firm, drawing a line under the dramatic events that caused the firm’s stock to plummet. In March 2023, Cirata – or Wandisco, as it was then known – revealed it had massively overstated its sales figures, [...]
JP Morgan makes £10bn UK bet as banks dodge tax raid November 27, 2025 JP Morgan is set to double down on the UK with plans to build its largest European presence through a new tower in Canary Wharf. The US banking juggernaut said it intends to build a new 3m square feet tower in London, which will inject as much as £10bn over the next six years into [...]
Young professionals are the hardest-hit by this punitive Budget November 27, 2025 For anyone still tempted to believe Rachel Reeves has stuck to her manifesto promise not to put taxes up on working people, let me disabuse you of the notion. As the OBR pointed out yesterday, by 2030 there will be more than 10m people dragged into paying higher rates of income tax compared to 2023, [...]
BNY wealth boss: I had a better chance winning the lottery than sitting where I am today November 27, 2025 The son of a dish washer, Jose Minaya does not take for granted his rise to BNY wealth boss. He takes us through his career in Square Mile and Me.
UK remains in ‘weak fiscal position’ after Budget November 27, 2025 The UK remains in a weak fiscal position after Wednesday’s Budget despite the Chancellor launching an historic fiscal consolidation in an attempt to shore up the public finances and avoid another tax raising budget, several top economists have warned. Rachel Reeves chose to hike taxes by £26bn via a vast combination of sector-specific levies, pension [...]
Budget: Mecca Bingo and Grosvenor Casinos owner reveals £50m hit November 26, 2025 The owner of Mecca Bingo and Grosvenor Casinos has warned changes announced by Chancellor Rachel Reeves in her Budget will cost it around £46m. Rank Group, which is a member of the FTSE 250, said the increase in Remote Gaming Duty in the Budget will significant up its tax burden. The company’s chief executive said [...]
Reeves hands small businesses sour cocktail in Autumn Budget November 26, 2025 Small and mudiec-sized businesses (SMEs) now face a sour cocktail of higher taxes, rising costs, and tighter margins following Rachel Reeves’ second Budget as Chancellor. Dividend taxes are up, income tax and National Insurance thresholds remain frozen until 2030-31, and salary-sacrifice pension reliefs are being curtailed. For many small business owners, the Budget will feel [...]
Budget: Treasury focused on ‘closing tax gap’ with US-style whistleblower scheme November 26, 2025 Rachel Reeves revealed in her Budget that the government continues to focus on closing the tax gap, with new measures set to raise an additional £2bn in tax revenue by 2029-30. The Chancellor pledged that the government will target “fraudulent businesses” that don’t pay their tax by providing HMRC with new compliance powers. A large [...]
Autumn Budget: Reeves bets on AI – but did she play her strongest card last week? November 26, 2025 Rachel Reeves delivered what many had dubbed the “most anticipated Budget in years”, with industry eyes fixed on how she would position the UK in the global AI race. But just minutes before she even stood up at the despatch box, the Office for Budget Responsibility (OBR) unexpectedly leaked forecasts, fuelling speculation about the state [...]