RELX: FTSE 100 group’s AI tools lead strong start to 2025 April 24, 2025 RELX has kicked off 2025 with strong momentum, reaffirming its full year guidance for growth in revenue, profit, and earnings per share. The FTSE 100 group cited the rapid adoption of its generative AI-driven legal platforms, which are accelerating performance in one of the firm’s core divisions. The global analytics and decision tools provider reported [...]
Recruitment firms shutting at fastest rate since financial crash April 24, 2025 Recruitment agencies are shutting for business at their fastest rate in fifteen years as companies tear up hiring plans amid rising taxes and global economic uncertainty. As many as 120 recruitment businesses have appointed liquidators in the past six months, a City AM analysis of insolvency disclosures has found, a jump of 17 per cent [...]
Black cabs stand ready to compete with Uber, but not in a race to the bottom April 24, 2025 The London tax trade is a rigged market where app-based operators have enjoyed years of political indulgence while black cabs are subjected to an ever-tougher regulatory environment, says Mark White James Ford’s recent City AM column – ‘The London taxi trade is dying – and it’s not Uber’s fault’ – is less a diagnosis than [...]
London juice bar chain Crussh enters liquidation April 23, 2025 One of London’s best-known juice bar chains has entered liquidation, City AM can reveal, after the healthy drinks business faltered under squeezed consumer spending and a surge in costs and tax hikes. Wimbledon-based Crussh, which operated stores in Kensington, Soho and the Square Mile, has this week appointed Mayfair-based business recovery firm Voscap to act [...]
Reeves’ taxes hammer private sector as one of ‘lowest ever’ PMIs recorded April 23, 2025 Private sector output fell in April for the first time in a year and a half as firms reported “more of a struggle” to survive after Chancellor Rachel Reeves’ tax rises kicked in, S&P Global’s flagship survey has suggested. Businesses had been preparing for Reeves’ £20bn hike to employers’ national insurance contributions (NICs) for the [...]
Navigating The Future Of Insurance April 23, 2025 In today’s rapidly evolving insurance landscape, navigating complexity and optimising performance requires more than traditional broking services. It demands strategic insight, data-driven decision-making, and a deep understanding of the holistic business environment. This is where Aon’s Capital Advisory team, a key part of its Reinsurance Solutions division, steps in, offering bespoke advisory services that help [...]
Iniesta face of FedEx-backed Champions of Business list April 22, 2025 Former Barcelona great Andres Iniesta has thrown himself into the corporate world, as face of the FedEx-backed Champions of Business list. Spaniard Iniesta, who played for Barcelona over 400 times and is an international centurion, is part of the campaign which aims to thrust SMEs into the spotlight. The complete FedEx list includes grassroots football [...]
Reeves’ tax rise to push up inflation, BoE’s Megan Greene warns April 22, 2025 Rachel Reeves’ national insurance tax rise will push up inflation and lead to a “shake-up” of the labour market, Bank of England rate-setter Megan Greene has warned. In an interview with Bloomberg Television, Greene said she was particularly concerned about “weakness in output” for the best part of a year as she suggested Reeves’ tax [...]
Will the price of gold keep going up? April 22, 2025 The US-China trade war rumbles on. Investors are digging their trenches. The dollar is losing its force while the price of gold is going ballistic. A week ago, UBS made what some saw as a bold prediction that gold would reach $3,500 per ounce by December 2025. That milestone has already been hit. Scarred stockholders [...]
Kuwait’s sovereign wealth fund sues new City skyscraper over right to light April 22, 2025 The owner of new London skyscraper 50 Fenchurch Street has been sued by Kuwait’s sovereign wealth fund over claims the tower will obstruct light. Kuwait’s sovereign wealth fund, which owns the freehold to the Willis building on Lime Street, has brought the case through the High Court via its real investment vehicle, St Martins Property. [...]