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Business

  • Property rich, pension poor: Meet the ‘sleepwalking’ generation

    May 28, 2026

    Those born between 1965 and 1980 could suffer from weaker retirement prospects despite being deemed property rich, after failing to be included in generous pension schemes. The so-called Generation X are at risk of “sleepwalking” into an inadequate retirement, regardless of their high exposure to property, owning twice as many buy-to-let homes as Baby Boomers, [...]

  • Workplace NDA ban may lead to more tribunals

    May 28, 2026

    A government proposal to ban the use of non-disclosure agreements in cases of workplace harassment or discrimination may make it harder for disputes to be settled outside of tribunals.  The proposal, ‘Make Work Pay’, which is open for consultation until 8 July and part of the recent overhaul of the Employment Rights Act, would ban [...]

  • Tech Mahindra president: UK needs less hesitation, more conviction

    May 28, 2026

    Tech Mahindra president Harshul Asnani, who returned to London after almost 20 years in Silicon Valley, takes us through his career.

  • How Britain’s most resilient founders turn failures into fuel

    May 28, 2026

    At SCALE EXPO & SUMMIT on 22 April, business journalist Dougal Shaw brought together three entrepreneurs to talk about setbacks and comebacks – the theme of his new book, Fail Smarter. Failure is not something most of us talk about at business events. When you’re pitching to investors, winning over customers, or convincing talented people [...]

  • Nationwide accused of picking ‘unfair fight’ with member board candidate

    May 28, 2026

    Nationwide has been accused of picking an “unfair fight” with one of its members who has sought to clinch a seat on the building society’s board. The mutual has opted not to recommend the candidacy of James Sherwin-Smith, who is running to be the first member to take a seat on Nationwide’s board in nearly [...]

  • Treasury still has £5bn to spend on Covid-19 – taking total bill to £385bn

    May 28, 2026

    The Treasury has said it still needs to spend £5bn more on Covid-19 measures more than four years after the last lockdown restriction was lifted, taking the total estimated costs to taxpayers to £385bn.  In a cost tracker update on Thursday, the government said it had already spent £380bn on Covid-19 support since the pandemic [...]

  • Emma Sleep agrees to change ‘illegal’ sales practices following court settlement

    May 28, 2026

    The Competition and Markets Authority (CMA) has agreed a partial settlement with mattress company Emma Sleep after it admitted to breaking consumer law over its pricing tactics.  The settlement is legally binding, so if Emma Sleep fails to comply, it “could result in contempt of court proceedings, potentially leading to significant penalties,” the CMA said. [...]

  • Family-owned Tottenham brewer falls into administration as industry pressures mount

    May 28, 2026

    A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry.  Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]

  • Barclays warn Gen Z against Arsenal Champions League ticket scams

    May 28, 2026

    Barclays have warned Gen Z Arsenal fans to be on alert as ticket fraudsters target the Champions League final. The high street bank said that football fans with FOMO – fear of missing out – must be cautious when buying tickets for the Gunners’ Champions League final against Paris Saint-Germain in Budapest. Barclays’ Kirsty Adams [...]

  • The Turnover: City PM’s sport business newsletter

    May 28, 2026

    The business of sport desk at City PM have for five months now been firing off a newsletter into the inboxes of subscribers. The Turnover takes a look at what really matters each week in the world of sport business. Who is buying what? Who owns this and that? Where is the money? The Turnover [...]

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