Reeves warned that ‘punitive’ tax hikes on landlords will choke rental sector August 28, 2025 Property experts have warned that higher taxes on landlords’ rental incomes will have ‘severe’ unintended consequences for the rental sector and the broader housing market. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Officials are drawing up options for tax rises in an [...]
Are franchise IPOs the end game for The Hundred’s £1bn investors? August 28, 2025 Have The Hundred’s investors figured out yet how they will make a return? Look out for minority stake sales and maybe even listings in India, says Ed Warner. Never make an investment without having a plan on how to sell it. Illiquidity can scupper the most enticing of propositions. The very best portfolio managers, especially [...]
Mass hallucinations: How I caught a rogue AI reporter August 27, 2025 The ‘customer’ in the fried chicken shop didn’t touch his meal. Instead, he photographed the kitchen door’s keypad and left. ‘Corporate spy,’ muttered the cashier before showing me three identical incidents caught on his security cameras. This is the opening line of a pitch I received from a writer called Joseph Wales, entitled “London’s Fried [...]
Microsoft negotiations threaten to delay OpenAI’s restructuring August 27, 2025 OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]
Jubel CEO: ‘We’re doing something different and it’s working’ August 27, 2025 When CEO and founder of Jubel, Jesse Wilson, left his corporate role to create his own lager, he knew he wanted to carve out a peach-shaped niche in a saturated beer market. Since its launch in 2018, Jubel has reached that goal, with its trademark fruity lager on tap in nearly 1,500 pubs across the [...]
Tax: What should Reeves do in the Autumn Budget? August 27, 2025 As rumours swirl about which taxes Rachel Reeves may target this autumn, Tim Sarson lays out what the Chancellor can (and should) do.
UK businesses set to face tougher compliance over fraud August 26, 2025 British businesses need to prepare for a “sea change” as the new powers to tackle fraud come into effect next Monday. The Serious Fraud Office (SFO) director Nick Ephgrave told City AM last year that time was running short for businesses “to get their house in order” ahead of its new powers. From 1 September, [...]
US-style tipping hits UK pubs amid mass closures August 26, 2025 The UK pub industry is facing a new challenge as a controversial trend of implementing US-style tipping gains traction, coinciding with a period of widespread pub closures. A nationwide debate has been sparked by the Well and Boot pub in Waterloo, London, which has introduced an optional four per cent service charge on every drink. [...]
Post merger A&O Shearman generates £2.9bn in revenue as partner pay falls short of competitors August 22, 2025 The first results following the anticipated merger of A&O Shearman show that equity partners pocketed £2m, slightly below the figures from its legacy Magic Circle firm
Inside Finsbury Circus Gardens, the City’s biggest green space August 20, 2025 Our Toast the City Awards are celebrating the City’s top spots and takes place this October. This week: the redesigned Finsbury Circus Gardens. If the Square Mile were to be designed today, it would feature a lot more green space. It wasn’t until the middle of the last century that architects realised the importance of nature in [...]