Turtle Bay: Founder criticises ‘unhelpful’ Reeves’ tax raid after huge loss hospitality Caribbean restaurant and bar chain Turtle Bay has hit out at the “unhelpful” Labour government whose tax “raid” contributed to it slumping into the red. The Bristol-headquartered business, which was set up in 2010 by Ajith Jaya-Wickrema and Stephen Entwistle, cited Chancellor Rachel Reeves’ increase in employers’ National Insurance as a reason for it falling to [...]
Data centre planning applications rocketed more than 60 per cent in 2025 Tech Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
Inside the new White Lotus season 4 hotel – as show axes Four Seasons Life&Style Inside the new White Lotus hotel in St Tropez It is common for travel journalists to be gifted a bottle of champagne or a box of chocolates when they check into a room. But when I checked into my room at Les Airelles Courchevel, I found a feather-lined ski coat, woolly hat, neck warmer, socks, [...]
AI and defence demand for chips sends IQE shares soaring January 12, 2026 Shares in semiconductor giant IQE surged 25 per cent to 9.18p on Monday morning, after the wafer supplier said it expects its full year results to hit the upper end of its guidance, thanks to a recovery in AI and defence-related demand. The Cardiff-based company now forecasts 2025 revenue of around £97m, and adjusted earnings [...]
London homeowners most likely to make a loss upon selling their home January 12, 2026 London homeowners are most likely to make a loss upon selling their house as prices in the capital continue to drop. In 2025, nearly 15 per cent of Londoners sold their home for less than they bought it, the highest proportion in England and Wales, according to analysis from real estate agent Hamptons, well above [...]
On this day 1799: Britain’s first income tax January 9, 2026 On this day, 9 January 1799, Britain introduced its first 'temporary' income tax. Workers have been vexed ever since, writes Eliot Wilson.
Allianz and Anthropic Forge Global Partnership to Advance Responsible AI in Insurance January 9, 2026 Anthropic’s safety-first AI meets Allianz's dedication to customer centricity, stakeholder trust, and regulatory excellence Three focus areas of the partnership: workforce empowerment, operations automation through agentic AI, and regulatory compliance
London arts sector must learn to speak corporate to save itself January 9, 2026 To protect the vital arts sector, London's creatives must learn the corporate walk and talk, writes Austin Casey.
House prices expected to rise in 2026 after December dip January 8, 2026 UK house prices slipped slightly in December, as affordability issues and the fallout from the Autumn Budget dampened buyer appetite, but industry figures expect the market to pick up in 2026. House prices fell 0.6 per cent in the final month of 2025, bringing prices down by a further £1,789, following a 0.1 per cent [...]
Rent control law to ‘knock £11bn’ off commercial property January 8, 2026 New legislation introducing rent controls could lead to £11bn being stripped from commercial property values, fresh analysis has shown, in the latest blow to the confidence for investors. The government is proposing a ban on upward-only rent hikes on commercial property in a bid to support small businesses with costs. The proposed ban can be [...]