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Business

  • Mark Kleinman: Reeves’ ISA reforms pose more risk than reward

    January 22, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City PM column Reeves’ ISA reforms pose more risk than reward If it ain’t broke, don’t fix it. That sounds like the right epithet to apply to the Treasury’s approach to reforming individual savings accounts (ISAs), one of the [...]

  • Former Goldman Sachs chief backs F1 to hold, and increase, value

    January 22, 2026

    Formula 1 has not yet reached value maturity and can be considered one of the most reliable investments in sport, according to the former head of sports at Goldman Sachs. The premium motorsports series has gone through a major ownership shake-up, with stake sales across the grid seeing team valuations skyrocket. And Elis Jones, former [...]

  • UK bank ramps up fight for savers after rebrand 

    January 22, 2026

    The battle to bank Britain’s savers has ramped up with the arrival of a new name, set to challenge ‘easy access’ incumbents such as JP Morgan’s Chase, Goldman Sachs’ Marcus and fintechs like Oaknorth.  The former UK arm of Jamaica National Group, previously dubbed JN Bank UK, has revamped its operations after being sold in [...]

  • Budget damage to housing market set to continue, experts warn

    January 22, 2026

    The UK’s housing market will continue to suffer from the impact of months of budget speculation last year as seller confidence languishes, property experts have warned.  While sellers and estate agents breathed a sigh of relief when November’s Budget steered clear of most of the property that had been feared, these experts told City PM [...]

  • Gen Z office worker confidence crisis leads to uptick in AI use 

    January 22, 2026

    Britain’s youngest office workers are increasingly turning to AI to complete everyday tasks despite fears the technology could soon wipe out their roles. Gen Z reported feeling intense pressure to come across as more qualified than they feel upon entering the workforce, leading many to exaggerate on their CV, while over 65 per cent turn [...]

  • Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals

    January 22, 2026

    An expanded and more lucrative Champions League has helped Real Madrid, Barcelona, Bayern Munich and Paris Saint-Germain all earn more than any Premier League club last season, according to the latest Deloitte Football Money League. Real Madrid stayed top of the annual rich list with record-breaking revenue of €1.2bn (£975m), ahead of LaLiga rivals Barcelona [...]

  • Scrapping jury trials will only have ‘modest’ impact on backlog

    January 22, 2026

    David Lammy’s controversial plan to restrict jury trials will unlock only “relatively modest reductions in demand given the scale of institutional upheaval”, according to a new report by the Institute for Government (IFG). The government’s plans, which leaked in November, revealed a move to scrap some jury trials to tackle the nearly 80,000 criminal case [...]

  • Trump rows back from tariff threat after scathing Davos speech

    January 21, 2026

    Donald Trump has rowed back from a radical plan to apply tariffs on European countries objecting to his demands to annex Greenland, just hours after launching a scathing attack on the continent’s leaders during a historic address at Davos. In a post on his social media app, the President revealed he had reached a “framework [...]

  • High Court to hear Reform’s challenge on cancelled council elections

    January 21, 2026

    Reform UK’s legal challenge against the UK government over plans to delay local elections is set to go to a two-day trial next month. The case focuses on the government’s plan to allow 63 councils to postpone their local elections that were scheduled for May 2026. So far, more than a third of local authorities [...]

  • Live sport credited for Netflix subscriber surge as sign-ups hit 325m

    January 21, 2026

    Netflix has credited its investment in live sport for a surge in sign-ups as quarterly revenue rose to beyond $12bn. Results for Q4 saw income rise by nearly 30 per cent $2.4bn while subscriber numbers jumped to 325m.  Netflix was the exclusive global broadcaster of the bout between influencer Jake Paul and former world heavyweight [...]

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