UK growth outlook slashed amid tax and trade ‘double whammy’ March 5, 2025 The Chancellor’s growth agenda was dealt a fresh blow on Thursday after the British Chambers of Commerce slashed its forecast for the UK economy due to the tax and trade “double whammy” afflicting UK businesses. The business group now expects the UK economy to grow by just 0.9 per cent in 2025, a hefty downgrade [...]
Libby’s Naked Wines diary: artful drinking in Mayfair March 5, 2025 Libby’s Naked Wines diary: this week, City AM’s wine columnist Libby Brodie is with Mayfair’s art set It was one of those events where everyone is the most interesting person in the room. A small gathering of London’s fashionable and fascinating to wish farewell to Stephen Webster’s Mount Street Salon, as he moves his London [...]
UK jobs cuts accelerate as firms fret over stagflation March 5, 2025 UK service firms are cutting jobs at the sharpest rate since November 2020 as fears about the state of the economy spread. S&P Global’s latest UK Services PMI, which measures business activity in the services sector, found that 24 per cent of firms cut their employees in February, compared to only 13 per cent which [...]
The Debate: Has having more women in the boardroom helped overall progress? March 5, 2025 More women may now hold board positions, but has a boardroom focus helped or hindered women overall in the workplace?
Quilter hikes dividend as ongoing advice review drags on March 5, 2025 Asset management firm Quilter has reported a 17 per cent rise in adjusted profit to £196m for 2024, alongside a two-percentage-point improvement in its operating margin to 29 per cent. The wealth management firm, which provides advice and investment solutions across the high net worth and affluent market segments, recorded net inflows of £4.8bn. This [...]
Government told to improve education for young entrepreneurs March 5, 2025 A new report has exposed the education system’s failure to boost business knowledge among aspiring entrepreneurs. The Federation of Small Businesses (FSB) and Simply Business have called on the Government to incorporate business education into the national curriculum, in a bid to unlock “a gold mine of enterprise potential”. The study revealed just a third [...]
AI and hybrid patterns set to determine the future of work March 5, 2025 Rising employment costs have driven many UK businesses towards investing in AI instead of hiring new employees, while workers are resisting efforts to increase office mandates in favour of working from home (WFH). New research from Linkedin and Pleo has revealed the tension between using AI as a cost-saving tactic, and the need for meaningful [...]
Self-rocking prams and turbo buggies, baby tech is innovation gone right March 5, 2025 From self-rocking prams to motorised buggies, baby tech showcases the best of innovation, writes former sceptic Phoebe Arslanagić-Little.
The slow death of billable hours at law firms March 5, 2025 With the rise of AI and the cost of lawyers going through the roof, law firms are rushing to change how they bill clients in the hopes of avoiding awkward questions
Cruz set to continue to Beat the drum at Happy Valley March 4, 2025 TONY Cruz’s stable have found Happy Valley a happy hunting ground this season, with 15 of the yard’s 25 winners coming at the city circuit. Legendary figure Cruz, who made a slow start to the current campaign, has been a regular visitor to the winners’ circle since the New Year picking up half-a-dozen winners last [...]