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Business

  • Premier League’s smallest stadium gets approval to begin £90m rebuild

    January 22, 2026

    AFC Bournemouth have been granted planning permission for the first phase of a £90m redevelopment that will increase capacity at the Vitality Stadium to more than 20,000. The club, whose 11,000-seat ground is the smallest in the Premier League, have been given the green light for “enabling works”, the first of three phases of improvements [...]

  • Prison porridge costs taxpayers £165m a year 

    January 22, 2026

    Porridge, baked beans and other prison food cost taxpayers a combined £165m a year, City PM can reveal, as questions around spending efficiencies loom over the Ministry of Justice.  The government has signed a blockbuster £826.7m deal with a leading catering distributor to supply food for prisoners and staff.  BFS Group, a subsidiary of South [...]

  • Wes Streeting: Progress on NHS delays as private insurance soars

    January 22, 2026

    Employer-provided health insurance coverage has reached a 30-year high, with 4.8m people now covered, as businesses ramped up employment benefits amid the NHS backlog. UK health insurers paid out a record £4bn in 2024, averaging £11m every day, according to new figures by the ABI. Despite NHS data showing that the waiting list fell by [...]

  • Millions of parents miss out on free pension cash by overlooking this rule 

    January 22, 2026

    Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]

  • Where does Britain stand in the New World Order?

    January 22, 2026

    A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]

  • Ask the expert: I’m a higher rate taxpayer. Where can I save that won’t result in a big tax bill?

    January 22, 2026

    Fidelity International personal finance specialist, Marianna Hunt, helps a taxpayer looking to lower their tax bill. Q: I’m a higher rate tax payer and likely to become an additional rate taxpayer. I currently hold both a cash and stocks and shares ISA. I also have Premium Bonds and a healthy amount in pensions. Where can [...]

  • Djokovic co-founded player group seeks $1bn backing for new tennis tour

    January 22, 2026

    The lobby group co-founded by Novak Djokovic, the Professional Tennis Players Association, is seeking up to $1bn in investment to back its proposed shake-up of the professional circuit. According to multiple reports, the PTPA has contacted more than 20 banks and financial advisory firms to drum up support for its vision, which includes a new [...]

  • Former JPMorgan investment banker launches European sports fund

    January 22, 2026

    A former JPMorgan investment banker has teamed up with the former managing director of Eurosport to launch a new European sports fund. Athvance Capital has launched as a “European investment platform fully dedicated to unlocking long-term value across the global sports industry”. Capital, according to the firm, has already been deployed across Padel Copa as [...]

  • Nigel Farage: Reform will tax the banks even if they don’t like it

    January 22, 2026

    Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]

  • ‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis?

    January 22, 2026

    Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]

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