Exclusive: Middlesex to play just two T20 Blast games at Lord’s in 2026 November 12, 2025 Middlesex will play just two Twenty20 Blast matches at Lord’s next year in a further indication of their declining foothold at the Home of Cricket. The 13-time county champions have been tenants at Lord’s since 1864 and have a 12-month rental agreement with the Marylebone Cricket Club that is renewed on an annual basis, but [...]
Pub closures reach new high as hospitality braces for Budget November 6, 2025 Pubs and bars are closing at the fastest rate seen this century, fresh City AM analysis has found, as rising costs squeeze many in the hospitality sector to the point of collapse. The number of British pubs and bar businesses appointing liquidators or administrators surged to 449 in the first 10 months of the year, [...]
Exclusive: Leicester Tigers and DCMS face scrutiny over £6m Covid loan renegotiation November 5, 2025 Leicester Tigers and DCMS are facing questions after they altered the repayment terms of the club’s £6m Covid-19 loan to interest-only until 2028. The change, which only emerged in the Prem Rugby club’s most recent financial accounts, casts further doubt on DCMS’s chances of recouping its £474m lending to sporting and cultural bodies – raising [...]
Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink November 3, 2025 The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]
Harpreet Kaur: Firm founded by winner of The Apprentice collapses November 3, 2025 A company founded by Harpreet Kaur, who won The Apprentice in 2022, has been shut down owing to a six-figure sum. Oh So Yum was placed into voluntary liquidation at the end of October, according to filings with Companies House and The Gazette, with Paul Palmer of Marshall Peters appointed to oversee the process. Harpreet [...]
The Capitalist: City AM, sexing up the Budget since 2005 October 30, 2025 INSIDE OUR INAUGURAL SQUARE MILE AWARDSThe Square Mile gathered in force last week to celebrate… the Square Mile. It was our inaugural Toast the City Awards, and gongs were handed out to the City’s best restaurant, bar, green space, rooftop and much more. However, Piccolo Bar, the winners of the best sandwich accolade, weren’t to [...]
Record number of UK businesses face financial woes ahead of Budget October 30, 2025 The number of UK businesses in ‘critical’ financial distress has surged as the economy cries out for certainty in Rachel Reeves’ November Budget. The number of businesses in ‘critical’ financial distress surged 78 per cent year-on-year, to 55,530 in the third quarter of 2025, up from 31,201 in the same quarter last year. The latest [...]
‘Unprecedented’ number of small businesses expect to shrink or close down October 30, 2025 A record number of small businesses are expecting to shrink or close down in the next year, a leading industry group has warned, amid a “vicious” cycle of low growth and fears that next month’s Budget could cause more pain for businesses. Nearly one in three of the UK’s small businesses (30 per cent) expect [...]
Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, City AM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
North Sea oil services group Petrofac could ‘collapse by Monday’ October 25, 2025 Petroface, a North Sea oil and energy services group, could file for insolvency as early as Monday morning before markets open, it has been reported. The company’s board is reportedly holding emergency meetings over the weekend to discuss the possible collapse of the firm, putting around 2,000 jobs in Scotland under risk. It has also [...]