Bowman and Yiu can reach Sky-high with Eason February 4, 2025 RACING in Hong Kong is back at city track Happy Valley for another nine-race action-packed programme, featuring the Class Two Tsun Yip Handicap (12.10pm) over the extended mile. Former champion trainer Ricky Yui will have been sorry to see the month of January end, having sent out eight winners, and has his stable firing on [...]
Reeves set to gather top investors at Downing Street in growth funding push February 4, 2025 Rachel Reeves will try to convince some of the UK’s biggest investment firms to take more risks with their cash tomorrow as she looks to unlock billions of pounds of funding for her growth plans, City AM has learned. In a meeting at Number 11 Downing Street, the Chancellor is set to pitch her new [...]
WFH: A third of workers would look for a new job if forced into the office full time February 4, 2025 Nearly a third of adults say they would look for a new job if their boss banned working from home (WFH) and made them come into the office full time, fresh research has found. According to an exclusive poll for City AM, 58 per cent of employed respondents said that if they were faced with [...]
Salesforce cuts 1,000 jobs as it joins Meta, Microsoft and Apple in AI pivot February 4, 2025 Cloud-based software giant Salesforce is cutting 1,000 roles while hiring salespeople for AI, following in the footsteps of big techs like Meta, Microsoft and Apple. Salesforce is reducing its headcount to streamline its operations, while actively looking for new roles centred on selling new AI products. This move reflects a trend of layoffs in big [...]
Reeves reviews tech tax as Trump trade war fears mount February 4, 2025 Rachel Reeves is reviewing the UK’s £700m digital services tax (DST) on American tech giants in a bid to avoid Donald Trump’s tariffs. The DST, which was introduced in April 2020, imposed a two per cent levy on UK revenues of major tech leaders like Amazon, Apple and Google. The US previously expressed strong opposition, [...]
Dragons’ Den star Steven Bartlett quits Huel board February 4, 2025 Dragons’ Den star Steven Bartlett has stepped down as a director of nutrition brand Huel, it has been revealed. The celebrity entrepreneur, who has been a long-time investor in the company, had held the role since early 2021. However, a new filing with Companies House has confirmed the Diary of a CEO podcast host has [...]
‘Prohibitive building costs’ stunting UK growth projects – Deloitte February 4, 2025 “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]
Dear developers, no one actually wants all these retail units February 4, 2025 Big retail units may appeal to developers' fantasies about what towns could be. But they need to focus on actual demand, writes John Andrews.
Saba Capital loses double vote on Baillie Gifford trust takeovers February 3, 2025 Saba Capital has lost two more votes in the US hedge fund’s campaign to take over a variety of UK investment trusts, leaving its campaign looking increasingly unlikely to succeed. Two trusts run by Baillie Gifford, Keystone Positive Change and Baillie Gifford US Growth, voted today to reject Saba’s proposal to unseat their boards and [...]
Does Scotland actually want to ban cats? February 3, 2025 An SNP report about cat ownership has produced a flurry of headlines over an approaching “cat ban” in Scotland. But is it true?