Business growth expectations fall to weakest since 2022 June 2, 2025 Growth expectations among private sector firms continue to decline rapidly, fresh figures suggest, with forecasts reaching their lowest since September 2022. According to the CBI’s recent Growth Indicator survey, 30 per cent more private sector firms are expecting activity to fall than to grow over the next three months. “There is little sign of summer [...]
Can Cazoo go from collapse to Auto Trader’s ‘undisputed’ rival? June 2, 2025 Cazoo can double in size over the next couple of years and become the undisputed number two to FTSE 100 giant Auto Trader, the man charged with its phoenix-like recovery has said. Barry Judge, who helped rescue the brand after it collapsed in May 2024, added that the company is working on winning back the [...]
Repeat after me: Working from home is NOT an ideology June 2, 2025 When work from home becomes a question of culture, not practicality, we have completely lost the point, writes Eliot Wilson.
The City of London must embrace its friendship with Saudi Arabia June 2, 2025 By working together, the UK cannot only help Saudi Arabia realise its ambitious vision but also secure new growth for both nations, writes Alastair King.
Reeves inheritance tax raid to cost ‘staggering’ 200,000 jobs June 1, 2025 More than 200,000 jobs could be at risk over the next five years thanks to the government’s inheritance tax raid, new research suggests. Chancellor Rachel Reeves introduced sweeping changes to business and agricultural property relief in the Autumn Budget last year, impacting family-owned business and farms across the UK. A study from CBI Economics, commissioned [...]
UK fintech: Can Britain’s booming sector conquer Europe and the US? June 1, 2025 UK fintechs have transformed the British banking landscape – and firms are fixing their eyes on international endeavours. Top names ballooned profits and customers bases over the last year whilst picking up a fleet of accolades. London-based Allica Bank was dubbed the UK’s fastest growing private company by The Times Hundred and Europe’s fastest growing start-up by Sifted. [...]
Is Asda’s ambitious turnaround starting to bear fruit? May 29, 2025 Asda has had a tumultuous year and a half. Since January 2024, the supermarket giant has undergone numerous leadership changes, IT issues, and sales woes. Its troubles began back in 2021, when it was bought in a debt-fuelled takeover by the billionaire Issa brothers – who have since departed the board – and private equity firm [...]
Avison Young loses over £100m for a second year as more jobs cut May 29, 2025 More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]
PureGym: Losses near £90m amid huge expansion drive May 29, 2025 Losses at PureGym widened to almost £90m as it created hundreds of jobs and opened new locations in 2024, it has been revealed. The Leeds-headquartered low-cost chain has posted a pre-tax loss of £88.5m for its latest financial year, after having also lost £77.6m in the prior 12 months. In 2024, PureGym increased its headcount [...]
Auto Trader: FTSE 100 giant passes major milestone as profit jumps May 29, 2025 Sales at FTSE 100 giant Auto Trader have accelerated past a major milestone as its profit increased during its latest financial year as it defied a year of high interest rates and economic uncertainty. The Manchester-headquartered group has posted a revenue of £601.1m for the 12 months to 31 March, 2025, according to new figures [...]