‘Productivity argument’ against family firm tax breaks, IFS director argues February 25, 2025 There is a “productivity argument” against treating family businesses “generously”, the Institute for Fiscal Studies (IFS) director has argued, when asked about inheritance tax. Economist Paul Johnson addressed the National Farmers Union (NFU) conference in Westminster on Tuesday, which saw environment secretary Steve Reed’s speech interrupted by farming protestors, as well as NFU president Tom [...]
Afghanistan coach Trott admits ‘concern’ about gender apartheid February 25, 2025 Afghanistan cricket coach Jonathan Trott admits he is “concerned” by the gender apartheid enforced by the Taliban regime which has led to calls for an England boycott. The England and Wales Cricket Board rejected a plea from nearly 200 UK politicians to refuse to play Afghanistan at the men’s Champions Trophy on Wednesday in Pakistan. [...]
Massive civil service office complex approved for Manchester February 24, 2025 A huge new tech-focused Government office complex in Manchester has been given planning permission. The 5.5 acre project, which could support as many as 7,000 civil service jobs in the city, will bring together a range of government departments with a focus on technology. “The new digital campus plays to Manchester’s strengths. We have fostered [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.
UK equity markets could do with some shock therapy February 20, 2025 My favourite explanation as to why UK pension funds have shrunk their investments in UK equities from around 50 per cent in the 1990s to a paltry 3 per cent today was offered to me recently by one of the City’s veteran fund managers; “You can trace it all back to the day that crook [...]
What happened when Latin America’s most free economy elected a socialist? February 20, 2025 Chile was the most capitalist country in Latin America and had prospered as a result. But since the election of socialist Gabriel Boric in 2021, all that has changed, says Rainer Zitelmann My trip around the world took me to Chile twice, in May 2022 and November 2023. After you’ve been to countries like Colombia, [...]
Healey urges ‘maximum pressure’ on Putin, as Trump blames war on Ukraine February 19, 2025 The defence secretary John Healey has warned that forgetting about the war in Ukraine while talks take place between the US and Russia risks “jeopardising the peace”. It came as Healey countered US President Donald Trump’s claim that Kyiv started the conflict amid a visit to Norway, near its border with Russia. The cabinet minister [...]
F175: Formula 1 tour de force launch a lesson to other sports in innovation February 19, 2025 Everything about Formula 1’s 75th anniversary extravaganza at London’s O2 Arena shouldn’t have worked: mass commercialisation of a sport with £9 pints and 10 teams showing off this year’s designs on last year’s cars one after another. What unfolded, however, was a lesson in how sport can continue to innovate, and how it can take [...]
Libby’s Naked Wines diary: why wine drinkers always crave beer February 19, 2025 Libby’s Naked Wines diary this week: why I’m craving beer after wine, and why we travel I first met Ashwin Bhardwaj in my living room 17 years ago. I had come through in the morning to make my shreddies and found a nearly naked chap in a tiny pair of pants, doing lunges. He had [...]
Glencore: FTSE 100 miner mulls ditching London February 19, 2025 Glencore became the latest company to warn it could ditch its London listing today in a move that has been described as a “sucker punch” to UK markets. Speaking to the media after the miner’s results today, Glencore chief Gary Nagle said that questions had been raised over whether the UK was the right place [...]