UK nightlife economy under pressure as venues struggle May 27, 2025 The UK’s nightlife industry, once a powerful driver of urban business, faces mounting pressures as shifting consumer habits, economic headwinds and regulatory challenges tighten the squeeze on late-night operators. Phil Urban, chief executive of one of the UK’s largest pub and bar chains, Mitchells & Butlers, has warned that the late-night segment is “the toughest [...]
Happy Cost of Rent Day Londoners – for the rest of the year your money is yours May 27, 2025 With the average London tenant needing to work 146 days a year just to pay off their rent, today marks a miserable milestone, writes Sebastian Charleton.
BYD: Chinese EV stocks tumble despite spike in UK demand May 26, 2025 Shares in Chinese electric vehicle (EV) makers slumped on Monday despite surging interest from UK buyers, as industry titan BY introduced a round of new price cuts in an already bruising market battle. Hong-Kong listed BYD dropped as much as 8.25 per cent from a record high set last week, after an announcement over the [...]
Broadcaster and former BBC executive Alan Yentob dies aged 78 May 25, 2025 Former BBC executive and TV presenter Alan Yentob has died at the age of 78, his family has announced. Yentob joined the BBC as a trainee in 1968 and held positions as controller of BBC One and BBC Two, director of television, head of music and arts, as well as the director of BBC drama, [...]
Panel sessions and punk music: SXSW comes to London May 24, 2025 In the first week of June, the world’s largest tech, business and arts festival, SXSW, will make its European debut in Shoreditch. Ali Lyon asks its its chief executive, Max Alexander, why London, and why now? Of the many aspirations Max Alexander has for next month’s inaugural South by Southwest London, there is one which [...]
How to fix the housing crisis? We’ve told the government again and again and again May 23, 2025 I’m a London estate agency chairman – and I’m tired of talking about the same housing problems every month, writes Simon Gerrard.
Labour’s tax policies are hitting the companies they need to build homes May 23, 2025 Construction plant-hire companies are fundamental to delivering the government’s pledge to build 1.5m homes, but they tend to be family businesses – the very kind that are being worst hit by changes to NICs and Business Property Relief, says Steven Mulholland The latest Homes England figures might look promising – more homes completed, more sites started, and [...]
Labour and Tories fight for credit on lowering migration May 22, 2025 Long-term net migration to the UK was halved in 2024, official data by the Office for National Statistics (ONS) showed, triggering a battle between the Labour government and the previous Conservative administration to claim credit for the fall. Total net migration fell from 860,000 in 2023 to 431,000 in 2024, the report found. The data [...]
UK net migration almost halves in 2024 May 22, 2025 Net migration was cut in half in 2024 as 431,000 people arrived in the UK, official data has shown, suggesting Tory-era policies have had some of their desired effects. The Office for National Statistics (ONS) said fewer people arrived on work and study-related visas while an increase in Brits leaving the UK also reduced net [...]
New regions take the whisky world by storm May 22, 2025 Whisky Business: City AM’s monthly look at the world of whisky. World Whisky Day, on 17th May, has taken on a new importance in recent years. Indeed, the most exciting trend in whisky right now is the sudden proliferation of whisky coming from outside the traditional markets. It wasn’t too long ago that drinkers would be [...]