Highest profit in over a decade for London St Pancras Highspeed August 4, 2025 London St Pancras Highspeed, the company which runs the rail line between the capital and the Channel Tunnel, has reported its biggest profit for more than a decade. The business has achieved a pre-tax profit of £136.6m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. The total is [...]
Dishoom served huge valuation after founders sell stake August 4, 2025 Dishoom has been valued in the region of £300m after striking an investment deal with a firm backed by LVMH. The restaurant chain has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes. Both co-founders are expected to [...]
Daniel Levy: Man City verdict taken far too long and multi-club needs controls August 4, 2025 Tottenham Hotspur chairman Daniel Levy has called for a swift conclusion to Manchester City’s legal battle with the Premier League, saying the process “has gone on for far too long”. Less than two weeks before the start of a new top-flight season, more than 100 charges that City breached financial rules remain unresolved, despite an [...]
Reeves’ non-dom crackdown is unwittingly driving rich Brits away too August 4, 2025 The hordes of wealthy foreigners leaving Britain to escape the government’s non-dom crackdown are being joined by high-net-worth Brits capitalising on an arcane element of the policy that has made it easier for them to avoid paying inheritance tax (IHT). Several wealth advisers and tax lawyers have reported a “second wave of interest” from middle-aged [...]
Home Office to crack down on promoting small boat crossings online August 3, 2025 Anyone who advertises small boat Channel crossings or fake passports on social media could face up to five years in prison under new plans. Ministers are seeking to create a new offence under the Border Security, Asylum and Immigration Bill already going through Parliament, to widen its scope to tackle illegal entry to the UK. [...]
Trump removes jobs data official after employment report August 2, 2025 President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]
For London to remain a business travel hub, we’ve got to sort out Heathrow August 2, 2025 Without Heathrow upgrade, London risks losing the economic benefits of being Europe’s leading business travel hub, writes Andrew Crawley While collaboration and virtual meeting tools have become commonplace, organisations are still profoundly aware of the value of in-person connection. People will always want to do business with those they trust, and there’s something about meeting [...]
From Tudor to Bell & Ross: How modern watches are leaving nostalgia behind August 1, 2025 Retro, revivalist, old-skool, shabby-chic, heritage… However you want to pigeonhole #vintage there’s no denying that beyond the bare brickwork and filament lightbulbs of hip vinyl cafés, the trend’s nostalgic tendrils have stretched all the way to Switzerland. This is not without precedent, admittedly: the country’s famed mechanical timepiece is, after all, inherently anachronistic in an [...]
Housing affordability creeps up amid wage growth and rate cuts August 1, 2025 Housing affordability in the UK has slowly been improving amid slower house price growth than wage growth, as well as a fallback in mortgage rates. House prices grew 2.4 per cent in the year to July, according to Nationwide’s latest house price index, while wage growth was five per cent. The price of a typical [...]
SME housebuilders are key to growth – and the Conservative revival August 1, 2025 Housing was a major cause of the Conservative collapse – particularly with young people. If we want to build the right houses in the right places, SMEs are the answer, says Jack Rankin Like the Chancellor, I’m no economist. She might have a degree in PPE, but you don’t need that to work out that [...]