745 Game for MND raises £110,000 as rugby union and league come together Sport Business Legends of rugby union and league clashed on Sunday as the 745 Game raised £110,000 to help fight motor neurone disease. The match, played at Prem Rugby club Gloucester’s Kingsholm Stadium, saw the likes of Mike Tindall run out while figures including Jonny Wilkinson watched from the sidelines. It was won 43-45 by Team Burrow. [...]
Omaze house prize draws fuel first UK profit Property Omaze, which runs house prize draws across the UK, has made its first profit since launching in this country. The division of the US-headquartered business has posted a pre-tax profit of £6.2m for 2024, new accounts filed with Companies House show. The profit comes after Omaze reported a pre-tax loss of £17.3m for 2023. The [...]
The Pimco boss who thinks philanthropy has a PR problem Banking John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the [...]
BGC boss Sean Windeatt: We’ve created something positive from the memory of 9/11 September 11, 2025 BGC boss Sean Windeatt was in the firm's London office when 9/11 unfolded, killing 658 of the firm's employees in New York.
Rich parents fear children will squander inheritance August 6, 2025 An increasing number of high-net-worth parents are worried that leaving too much money to their children will be a “curse on their lives” and are turning to charity donations to avoid handing large sums down the generations. According to a fresh poll, three quarters of parents with a net worth of £3m or more believe [...]
As charities struggle, well-off City firms have a responsibility to give back July 29, 2025 City firms have a responsibility to use their resources to help struggling charities, writes Bloomberg's Jemma Read.
Charities ‘penalised’ by Rachel Reeves’ taxes July 8, 2025 Chancellor Rachel Reeves’ hike to employers’ national insurance contributions (NICs) has “penalised” staff at charities up and down the UK, a new study has suggested. Rachel Reeves has reportedly suggested the £20bn tax raid on mid-sized firms was “low hanging fruit” to provide extra funding for the NHS and schools. But the collateral damage from [...]
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
CEO brands B Corp status ‘greenwashing’ as she gives up title February 27, 2025 The founder and chief executive of a London-based pet food brand has said she’s decided to give up her firm’s B Corp status after criticising the coveted certification as “little more than a marketing badge and greenwashing”. Entrepreneur Aneisha Soobroyen set up Scrumbles in 2018 and achieved the status a year later. However, the CEO has [...]
City of London great and good raise record £160k for School of Hard Knocks February 14, 2025 The City of London’s best, brightest, great and good descended on Threadneedle Street’s M Restaurant as a record £161,000 was raised at the annual School of Hard Knocks Long Lunch. Leading City stalwarts including Champions Cup sponsors Investec were joined by the likes of Firethorn Trust, Clarksons, Falko, England international Andy Gomarsall, LBC’s Nick Ferrari [...]