Netflix shares fall as Brazil tax hit ends earnings streak October 22, 2025 Netflix’s shares dipped almost seven per cent in the wake of last night’s financial report, after the streaming giant’s strong run of quarterly earnings came to an end following a $619m (£464.8m) tax charge in Brazil dragged on third-quarter profits. The streaming giant reported a 17 per cent uptick in revenue to $11.2bn, broadly in [...]
West Ham on hook for £5m despite Potter’s Swede pick-me-up October 22, 2025 West Ham will not receive any financial benefit from Sweden’s surprise appointment of Graham Potter, who is still set to bank around £5m in compensation after being sacked by the struggling Hammers last month. Most Premier League clubs only pay compensation – in the form of monthly salary payments – to sacked managers until they [...]
Autumn Budget: JCB boss calls on Reeves not to do anything ‘daft’ October 22, 2025 The chief executive of JCB has called on Chancellor Rachel Reeves not to do anything “daft” in her Autumn Budget which would deter inward investment. Graeme Macdonald, who leads the Staffordshire-headquartered manufacturing giant under chairman Lord Anthony Bamford, said he’s “not optimistic” about the Budget next month, adding that Reeves is “definitely” going to raise [...]
Rachel Reeves plans another NIC tax raid at November Budget October 21, 2025 Rachel Reeves is gearing up for another billion-pound raid on National Insurance Contributions (NICs) as the Chancellor finds ways to plug a huge fiscal black hole in November’s Budget. Reeves is understood to be drawing up plans to extend NICs taxes to include limited liability partnerships or LLPs, to whom the tax does not currently [...]
Are super clubs dead? October 21, 2025 With young people now opting for smaller, cheaper and more intimate venues, the days of the super club look numbered, writes Sacha Lord.
UK needs a minister for drones to prepare for modern warfare October 21, 2025 As autonomous warfare spending edges towards a quarter of the MoD’s budget, it makes sense to appoint a dedicated minister for drones.
In focus: Getty and Shutterstock merger gets CMA probe October 20, 2025 The $3.7bn (£2.7bn) merger between Getty Images and Shutterstock is to be the subject of an in-depth probe from the UK’s competition watchdog after ‘substantial concerns’ were flagged. The deal, which was first announced in January, had already attracted the eye of the Competition and Markets Authority (CMA) in June but will now be looked into [...]
KPMG: Half of banks experiencing uptick in Gen Z staff quitting October 20, 2025 Gen Z banking employees are leaving the industry at faster rates than other professions, opting for start up jobs and remote work instead. That’s according to a new KPMG survey of bosses in the sector, which has found that almost half of financial services firms have experienced an uptick in younger employees quitting. The consultancy [...]
Tony Matharu: Made in London October 16, 2025 Few people embody the spirit of London quite like Tony Matharu — hotelier, businessman, philanthropist, and proud Londoner. As Executive Chairman of Integrity International Group, Tony has spent a lifetime building, creating, and giving back. Yet, as he told BBC Radio London’s Made in London, his success is rooted not only in enterprise but in [...]
Square Mile bespoke tailor Tom James takes legal action against ex-employee October 16, 2025 Tailoring giant Tom James launched legal action in London against a former employee, seeking to enforce restrictive covenants and confidentiality obligations. Tom James Company, the UK entity of its US giant, located on Old Jewry, has launched legal action against a former sales professional, Max Potter. The company alleged in its claim, seen by City [...]