City leaders weigh employment policy alternatives to non-competes August 25, 2026 City businesses are expecting non-compete agreements to become less effective, looking instead to alternatives such as deferred bonus payments or share incentive plans to keep employees on board. In 2025, the Department for Business and Trade (DBT) launched a consultation to consider restrictions on non-compete clauses in employment contracts. The consultation closed for feedback in [...]
Poundland loss doubles as discount retailer nears sale August 24, 2026 Poundland nearly doubled its loss amid a drastic downturn which pushed the discount retailer to post a “challenging set of numbers” last year. The retailer slumped to an £85.2m pre-tax loss in the year to September, nearly doubling the previous year’s £45.4m, its latest filings have revealed. This loss came in the run-up to Poundland’s [...]
Can debt-ridden Morrisons become a Big Four supermarket again? August 22, 2026 “Nothing but difficult” is how one retail analyst describes the road ahead for Morrisons boss Rami Batiéh. Since taking charge of the grocer in November 2023, the chief executive has faced an uphill battle, as the group – once a firm member of the UK’s ‘big four’ – is outpaced by its rivals. Batiéh, whose [...]
Ratcliffe’s Ineos saves Runcorn plant August 21, 2026 A plant producing chlorine that cleans 98 per cent of Britain’s drinking water has been saved from collapse by Jim Ratcliffe’s Ineos, in a move that also help could prevent the UK becoming reliant from imported salt for the first time in history. Ineos Inovyn, the chlorine arm of the billionaire’s chemicals empire, said on [...]
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The decline of Harvey Nichols is a tale of London’s decline too August 21, 2026 The decline and fall of Harvey Nichols is not just another business story. It is a warning about the crisis engulfing London’s high streets.
Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley August 21, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]
In defence of The Hundred, by co-chair of Welsh Fire August 20, 2026 Welsh Fire co-chair Mark Rhydderch-Roberts dissects The Hundred season, and urges doubters to give it a go. After a frenetic 27 days and a gripping and sold out Finals Day last Sunday at Lord’s, the 2026 Hundred tournament has concluded. Despite the best efforts of some to focus on a marginal decline in total attendances, [...]
Poundland owner eyes sale one year after takeover August 18, 2026 The owner of Poundland is weighing up a sale of the discount retailer only one year after snapping it up for just £1. Gordon Brothers, a Boston-based investment firm, is in talks with advisers over launching a potential auction for the retailer – which is in the midst of a drastic restructuring. The sale would [...]
London’s Square Mile needs its own major sports venue to keep up with rivals August 18, 2026 As sport ramps up after a summer break, Simon Hunt argues that the Square Mile needs its own major sports venue – for the sake of the City of London’s future. Picture the scene: it’s just hit 5:30pm on a sunny Thursday evening in the office. You and your colleagues look around for something to [...]