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Business

  • Treasury ignored DCMS gambling tax hike concerns before Budget raid

    March 6, 2026

    Whitehall raised questions about the amount of money a gambling levy could raise before Chancellor Rachel Reeves pushed ahead with tax hikes in the Autumn Budget. A Freedom of Information request seen by City PM shows analysis by the Department of Culture, Media and Sport in response to proposals by the Social Market Foundation and [...]

  • House prices rise as property market builds momentum

    March 6, 2026

    House prices grew 1.3 per cent year on year to February, in the strongest growth in four months, as the property market continues its steady start to the year.  Prices rose by 0.3 per cent between January and February, with the average UK property price at a new high of £301,151, according to Halifax’s house [...]

  • Italy Six Nations revival a lesson for Wales as England challenge awaits

    March 6, 2026

    In 2019 rugby in Italy was staring down the barrel of extinction: three home Six Nations matches at their 70,500-capacity Stadio Olimpico drew crowds of just 38,500 versus Wales, 49,700 against Ireland and 48,800 for their match against France. Fast forward to 2026, however, having just beaten Scotland in front of 68,200 fans Italy will [...]

  • FTSE 100 Live: Stocks jittery amid oil tensions; Khan woos Anthropic AI

    March 6, 2026

    Good morning and welcome back to the City PM liveblog. Inflation fears have dominated the week and as for the time being, they don’t look to be heading anywhere. The FTSE 100 ended Thursday’s session slipping 1.5 per cent to 10,413.94p as markets battled renewed fears of an energy crisis. Brent crude futures – the international [...]

  • AI is rewriting reputation – what happens when it gets you wrong?

    March 6, 2026

    AI means companies can now lose their reputations in an instant, with brands now being defined by systems they neither control nor understand.

  • ‘You don’t need to be liked to be respected’: Advice for businesswomen from businesswomen

    March 6, 2026

    The internet is full of generic business advice for wannabe entrepreneurs, but what about the specifics of being a woman in business?

  • Formula 1 presents creativity conundrum for brands and sponsors

    March 6, 2026

    They know how to make noise in Formula 1. This week, motorsport’s premier championship explodes back into life across its ever-expanding media universe.  Twenty-four high-glamour race weekends, driving peerless broadcast innovation. A mould-breaking, news-making Netflix docuseries. An official film starring Brad Pitt, the highest-grossing sports movie ever made and an Oscar nominee to boot. More [...]

  • Rain drives shoppers off high streets in blow to retailers

    March 6, 2026

    This year’s record wet weather has kept Brits indoors and away from the high street, in a blow to retailers as they face growing costs. Retail footfall fell by 4.5 per cent in February year on year, down from January’s 0.6 per cent decrease, according to the British Retail Consortium (BRC). UK retailers are sounding [...]

  • Family businesses still face inheritance tax cliff edge

    March 6, 2026

    Almost all of Britain’s family businesses still face major changes to inheritance tax despite a government concession to limit the damage of its decision to end the carve-out for family-run firms. According to a fresh poll, just one in 10 business owners believe they will not be affected by changes to inheritance tax first announced [...]

  • Lex Greensill seeks to throw out director ban

    March 5, 2026

    The government’s bid to disqualify the boss of collapsed lender Greensill Group from directing companies in the UK for 12 years should be thrown out as there “cannot be a fair trial”, the High Court has been told. The Department for Business and Trade (DBT) began proceedings against Lex Greensill in 2024 after the Insolvency [...]

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