Mayfair-based The Arts Club plunges to £4m loss after wellness venture sours January 14, 2026 One of the swankiest private members clubs in central London has bemoaned a “challenging economic backdrop” after it suffered a loss of nearly £4m. Mayfair-based The Arts Club, which was founded in the 1860s by Charles Dickens and Anthony Trollope and has been frequented by the likes of Beyoncé, Jessie J and Pippa Middleton, incurred [...]
How Exclusive Collection’s Danny Pecorelli built the top luxury corporate hotel group in the land January 13, 2026 As managing director of Exclusive Collection, Danny Pecorelli oversees one of the country’s most distinctive luxury hotel groups, with a portfolio that spans country house hotels, a gastro pub, destination spas, Michelin-starred dining, golf, cookery schools and some of the most sought-after corporate meeting spaces in the UK. Born into the business his father founded [...]
Turtle Bay: Founder criticises ‘unhelpful’ Reeves’ tax raid after huge loss January 13, 2026 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 January 13, 2026 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 January 12, 2026 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.