Club L London founder shares huge pay day after record profit December 10, 2025 Club L London has issued a huge pay day after profit at the fashion retailer surged to a new record, it has been revealed. Katie Randev, who leads the Manchester-headquartered business as chief executive, is in line to share a dividend of £3.7m for its latest financial year, new accounts filed with Companies House show. [...]
Will Andrew Bailey be Santa or Scrooge this Christmas? December 10, 2025 The Notebook, where the City’s movers and shakers have their say, Today it’s Susannah Streeter with the pen Christmas spirit seems to have spread a lot faster this year. I’ve never seen so many trees up in windows quite so early and there seem to be more lights twinkling in the streets. After months of [...]
Interest rates: Bank of England hawks to ‘look through’ Budget’s disinflation December 9, 2025 Bank of England policymakers struck a hawkish tone on the future path of interest rates despite acknowledging that the upcoming Budget would lower inflation. Appearing before MPs on the Treasury Select Committee, Bank staff analysis agreed with the Office for Budget Responsibility (OBR) that measures in Rachel Reeves’ November statement would strip 0.5 percentage points [...]
UK property tax burden is fourth heaviest in OECD December 9, 2025 The UK’s property tax burden is the fourth heaviest in the OECD’s list of 38 countries and it is more than double the average across the list of advanced economies. In a report on government revenue levels across most of the world’s largest economies, the OECD said the UK’s taxes on property as a percentage [...]
Deloitte’s big Christmas quiz 2025 December 9, 2025 The 2025 Deloitte Christmas Economics Quiz by chief economist, Ian Stewart and team The Christmas quiz offers a test of your knowledge of the festive season, economics and politics, in 12 questions. The answers and a brief explanation of the factors at work are provided at the end. 1) Which British politician (past and present) [...]
Finance Leaders Anticipate Rising Volatility but Reveal Uneven Preparedness as 2026 Approaches, Alpha Group Research Finds December 9, 2025 Senior finance leaders are preparing for a year of heightened foreign exchange volatility and liquidity pressure in 2026, yet many acknowledge their organisations are not fully equipped to manage the challenges ahead, according to new research from Alpha Group, a Corpay, Inc. company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209818518/en/ The [...]
UBS chief strategist: Market is not in a ‘bubble’, but US debt poses the real risk December 9, 2025 Despite narrow market leadership that mirrors the crashes of the 1970s and 1990s, the equity market is not currently in a ‘bubble,’ according to UBS Investment Bank Chief Strategist Bhanu Baweja. Speaking at Abu Dhabi Finance Week, Baweja addressed investor concerns that just nine companies in the Russell 3000 have driven 72 per cent of [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]
Ann Summers remains in the red as sales stall and jobs shed December 9, 2025 Ann Summers’ sales have stalled as it shed jobs and remained in the red during its latest financial year, it has been revealed. The business has posted a turnover of £93.4m for the 12 months to 28 June, 2025, according to new accounts filed with Companies House. The total comes after Ann Summers also reported [...]
FTSE 100 Live: Fed interest rates, retail sales, GDP December 9, 2025 Good morning and welcome back to the City AM liveblog covering the FTSE 100 and other big market moves. Investors are bracing for a crunch decision at the Federal Reserve this Wednesday, with markets pricing in a 25 basis point cut to bring interest rates down to 3.5-3.75 per cent. Forecasters will be taking a [...]