Princess Yachts back in profit but Rachel Reeves’ Budget forces job cuts September 10, 2025 A luxury yacht builder has surged back into profit and its sales jumped by more than £100m as hundreds of jobs were cut because of Chancellor Rachel Reeves’ Budget. Plymouth-based Princess Yachts has reported a revenue of £378m for 2024, up from the £276.3m it achieved in 2023, according to new accounts filed with Companies [...]
CBI boss calls for Rachel Reeves to break Labour’s tax pledge September 10, 2025 The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]
No 10 establishes ‘budget board’ to mend fractured business relations September 10, 2025 Sir Keir Starmer has created a “budget board” of ministers and officials in a bid to mend broken relations with businesses and the City – and tighten his grip on economic policy. The group will meet weekly to co-ordinate ‘pro growth policies’ ahead of the looming Autumn Budget on 26 November. It is also expected [...]
Eurosummer lives on as retail investors flock to the continent September 10, 2025 Turbulence created by US tariffs is continuing to be a boon for European investment, with retail investors flocking to the continent, writes Susannah Streeter.
9 amazing things to do in London this September (while the sun still shines) September 9, 2025 Delightfully, the good weather seems to be turning into an Indian Summer, with the promise of balmy September evenings as the nights draw in. There are still plenty of ways to enjoy being outdoors this month, as the capital eeks the last out of what has been one of the best summers of recent years. [...]
Clearbank brings fintech revolution to corporate banking September 9, 2025 UK fintech Clearbank has laid out plans to power up its embedded banking services and take on legacy banks on a new battlefield. The firm said outdated “one-size-fits-all” approaches from centuries-old high street banks were “no longer fit for work” and set out plans to challenge traditional transaction services in areas like travel, hospitality and [...]
Ben & Jerry’s founders call for release from parent company on social justice grounds September 9, 2025 The co-founders of Ben & Jerry’s have written to the board of The Magnum Ice Cream Company (TMICC) and Magnum’s potential investors, requesting that the brand be released from the conglomerate. “Ben & Jerry’s was founded on a simple but radical premise: that our business could thrive and make outstanding products whilst standing up for progressive [...]
Custom House hotel redevelopment gets green light September 9, 2025 The restoration and conversion of Custom House has been approved by the City of London corporation after sitting empty for four years. The Grade 1-listed building on Lower Thames Street will be turned into a new 179-room hotel, opening up the historic building to the public for the first time. The site will feature a [...]
How do brands pick the right sport sponsorships? September 9, 2025 Partnerships and deals are core elements to the sports sector, so how do brands pick the right sponsorships? It is easy to get lost in the seemingly endless numbers of sponsors littering sport. From the tiniest piece of Formula 1 carbon crowded with brand names to the vast displays plastered across some of the country’s [...]
Live: Gold hits new high amid global uncertainty September 9, 2025 UK equity markets appear poised for a lower open this morning, following the US markets’ overnight decline. However, the NASDAQ index of tech stocks reached a new all-time high yesterday and so did the price of gold, which continues to head higher on speculation the Federal Reserve will cut interest rates further throughout the rest [...]