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Business

  • China could ‘veto’ US access to the world, Trump document says

    January 24, 2026

    China could “effectively veto” the US’s access to trading in the Indo-Pacific if the world’s second largest economy continues to build up its military forces, the Trump administration’s national defence strategy paper has said, putting Keir Starmer’s Chagos deal under intense scrutiny.  A document published by President Trump’s Department of War has described China as [...]

  • Rayner to back Burnham’s Westminster bid

    January 24, 2026

    Labour MPs will gather amid speculation that Andy Burnham could seek to stand for a Westminster by-election and challenge the Prime Minister’s authority, with former deputy prime minister Angela Rayner expected to support the Manchester Mayor’s potential bid to become an MP. The conference of Labour’s north-west England MPs will see former deputy prime minister [...]

  • TikTok no longer in limbo as it seals US deal

    January 24, 2026

    After half a decade of geopolitical brinkmanship, court battles and executive orders, TikTok has finally secured its future in the US. The short-form video platform confirmed on Thursday that it has closed a deal allowing it to continue operating across the pond, bringing an end to years of uncertainty that began during Donald Trump’s first [...]

  • Why authenticity is key to US sport succeeding in Europe

    January 24, 2026

    The NBA London 2026 game is not another overseas exhibition. It is the clearest signal yet that US sports leagues are no longer treating Europe as a touring destination, but as a long-term growth market with serious commercial intent. And that shift matters. The window to engage early with the next generation of global sports [...]

  • Drinking in stands hailed as success as more clubs join WSL pilot scheme

    January 23, 2026

    Women’s Super League chiefs have hailed its trialling of allowing football fans to drink alcohol in the stands as a major success as more clubs take advantage. The Fan Choice pilot was rolled out across 14 clubs in the WSL and WSL2 this season after a small-scale experiment in the second half of last term [...]

  • UK police rap Fifa chief Infantino for Davos joke about British fans’ arrests

    January 23, 2026

    UK police chiefs have hit back at Fifa president Gianni Infantino for mocking England, Wales, Scotland and Ireland fans’ behaviour at World Cups. Infantino used an appearance in Davos this week to quip that “for the first time in history, no Brit was arrested during a World Cup” at the Qatar 2022 tournament, calling the [...]

  • Gucci to Zara: Brands ramp up fight against domain ‘squatting’

    January 23, 2026

    Global legal disputes over ‘squatted’ web addresses rose to 6,282 cases last year as big companies, especially fashion brands, are fighting back against counterfeit goods. According to data by Mathys & Squire shared with City PM, disputes over web addresses are up 49 per cent in five years (from 4,204) and 128 per cent in [...]

  • Amazon plans new round of job cuts as IMF chief warns of AI ‘tsunami’

    January 23, 2026

    Amazon prepares a new round of job cuts amid growing use of automation across corporate roles, following a round of redundancies just months ago. The move comes as the head of the International Monetary Fund warned that AI is set to hit the global labour market like a “tsunami”. Speaking at the World Economic Forum [...]

  • Judge awards McLaren F1 team over $12m in Alex Palou trial

    January 23, 2026

    Formula 1 team McLaren have been awarded over $12m after a trial involving former driver Alex Palou. Palou backed out of a multi-year deal with McLaren, with the Spaniard insisting he did so because the Woking outfit failed to put him on a path of transition to Formula 1. He instead re-signed with Chip Ganassi [...]

  • IoD boss joins criticism of Peter Kyle’s U-turn on Audit reform

    January 23, 2026

    The bosses of the Institute of Directors (IoD) and the Chartered Institute of Internal Auditors are among some City leaders hitting back against the government’s U-turn on the Audit Bill. In a scathing open letter to the Business Secretary, Peter Kyle, the leaders called the move “a significant step backwards, particularly after the commitment made [...]

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