Pubs to open late during World Cup – a life raft for hospitality? February 24, 2026 Though the Labour government and the country’s thousands of pub landlords have very rarely seen eye-to-eye in recent months, the World Cup could bring a summer truce to this fiery dispute. Hospitality trade bodies and one of the country’s biggest pub chains have told City AM they welcome the government’s move to allow pubs to [...]
Checkout.com defies AI job fears with hiring spree February 24, 2026 Checkout.com has defied fears of a slowdown in tech company recruitment after one of Britain’s most valuable private tech firms ramped up hiring despite widespread implementation of new AI tools. Top tech companies have reportedly pared back hiring of junior staff, which much of the work of junior recruits becoming automated by artificial intelligence. New [...]
Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
UK firms ‘misallocate £10bn’ on HR departments, report says February 23, 2026 The UK’s human resources sector is twice the size of the EU’s and has led to firms misallocating as much as £10bn in capital, new research has suggested. A paper on the cost of diversity and equality agendas on businesses has argued that HR departments have grown at a disproportionate rate, with the UK having [...]
Admiral pubs boss: business rates will ‘kill off the high street’ February 23, 2026 The boss of a northern-based pubs company has claimed business rates will “kill off” the high street as well as pubs unless the levy is fundamentally reformed. Chris Jowsey, chief executive of Admiral Taverns, told City AM the government must deliver on its pledge to overhaul the business rates system, which he said “penalises bricks [...]
Three more interest rate cuts could come, Bank of England official says February 23, 2026 The Bank of England could make three more interest rate cuts in order to reach its neutral level as inflation drops back to two per cent over the coming year, a Monetary Policy Committee member has suggested. Alan Taylor, an external member who has consistently voted for larger interest rate cuts over the past year [...]
WFH requests could go to tribunal under Labour’s employment reforms February 23, 2026 Lawyers are warning that Labour’s plans to make flexible working the default could place additional legal and administrative burdens on British businesses. Under the proposed changes employees would be able to appeal an employer’s decision to refuse a flexible working request more easily through the Employment Tribunal. Lawyers at TWM Solicitors explained that the employer’s [...]
Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy February 23, 2026 As Sarah Ferguson checks out of the world's most expensive rehab, we revisit what makes Paracelsus a perfect retreat for the disgraced.
KBRA Assigns Preliminary Ratings to Ares European Direct Lending CLO 2 Sarl February 23, 2026 KBRA UK (KBRA) assigns preliminary ratings to six classes of Notes issued by Ares European Direct Lending CLO 2 Sarl, a cash flow collateralized loan obligation (CLO) backed by a diversified portfolio of middle market corporate loans. This transaction is a multicurrency European middle market CLO. Ares European Direct Lending CLO 2 Sarl is managed [...]
Orbia Honored as a Top Company in its Industry in the S&P Global Sustainability Yearbook for Fifth Consecutive Year February 23, 2026 Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*), has been named a member of the S&P Global Sustainability Yearbook for the fifth consecutive year, which honors best-in-class global sustainability companies evaluated through the S&P Global Corporate Sustainability Assessment (CSA). “Orbia’s continued inclusion in this leading sustainability ranking underscores our conviction that sustainability is a driver [...]