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Business

  • Uefa probes Brighton and Hearts connection under Tony Bloom ownership

    May 20, 2026

    Uefa is scrutinising the relationship between Hearts and Brighton and Hove Albion, with both clubs connected to Tony Bloom on course to qualify for Europe. Brighton owner Bloom holds a 29 per cent stake in Hearts – deliberately below the 30 per cent threshold Uefa prohibits owners from holding in more than one club in [...]

  • Job cuts at Big Four firms fuel worker burnout

    May 20, 2026

    Job cuts at professional services firms are resulting in overworked staff, but the pressures – combined with increased reliance on AI – risk damaging firms’ reputations through mistakes, writes Maria Ward-Brennan. The professional services industry, especially the Big Four giants, has faced its fair share of job cuts, with thousands of roles laid off in [...]

  • ‘Sounds too good to be true?’ City watchdog clamps down on social media insurance scams 

    May 20, 2026

    The Financial Conduct Authority is cracking down on insurance scams advertised on social media and messaging platforms after finding half of young drivers have purchased illegitimate insurance premiums this way. The regulator said nearly 40 per cent of drivers aged 17-25 are “unconfident” in spotting the signs of a fake insurance policy, meaning “thousands could [...]

  • The Debate: Is Gen Z right to reject corporate culture?

    May 20, 2026

    Late, rude and unproductive, Gen Z has gained quite the reputation in the office. But are they right to challenge corporate culture?

  • America wants what Britain does best: Creativity

    May 20, 2026

    From where I’m standing in LA, “Made in Britain” isn’t a weakness. It’s a selling point. We've got to talk up our creative industries more.

  • Are we in the calm before the economic storm?

    May 20, 2026

    There is a palpable sense of being in the calm before the storm. Thanks to the backward-looking nature of most economic data releases, we’re being fed glimpses of the gathering gloom. The latest GDP growth data from the ONS covered Q1 and came in at a respectable 0.6 per cent. However, it has been widely [...]

  • Billionaire exodus should not be UK’s headline concern

    May 20, 2026

    Billionaires are good for headlines, but it's what's happening lower down the corporate food chain that interests Susannah Streeter.

  • T20 leagues should be ranked into tiers, MLC’s San Francisco Unicorns chief says

    May 20, 2026

    Global T20 leagues should be ranked in tiers to ringfence the best competitions and players, according to the chief of Major League Cricket club the San Francisco Unicorns. David White – whose Unicorns team shares investors with Hundred team London Spirit – says world governing body the ICC will be forced to adjust the cricket [...]

  • Bank of England’s Breeden: Digital gilt will bring down borrowing costs

    May 20, 2026

    The Bank of England’s plans to help launch a digital gilt will make Britain’s sovereign debt more appealing to a wider pool of investors and help bring down government borrowing costs, its deputy governor has said. Speaking to City PM at the City Week conference, Sarah Breeden hailed the central bank’s efforts to help the [...]

  • Mustafa Suleyman-founded Inflection AI to return to London

    May 20, 2026

    Silicon Valley startup Inflection AI is marking a return to London as the company forges ahead with its expansion plans, City PM can reveal. The artificial intelligence business was launched in 2022 by Deepmind co-founder Mustafa Suleyman and attracted early backing from Linkedin founder Reid Hoffman. It released its own large language model, Pi, and [...]

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