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Business

  • Insurance giants are no longer afraid to sue competitors over ‘team poaching’

    January 15, 2026

    London’s insurance sector is becoming increasingly litigious as the battle for niche talent intensifies, after a wave of High Court cases suggests ‘team poaching’ has become a legal flashpoint. If, like me, you are glued to the court filing system, you’ll have seen a noticeable uptick in lawsuits over restrictive covenants going to London’s High [...]

  • £90 for breakfast? We review London’s first Michelin-starred breakfast tasting menu

    January 15, 2026

    Pavyllon has unveiled London’s first Michelin-starred tasting breakfast. Is it a novelty, or a reflection of a changing fine dining market?

  • Bankers and bots: City lenders to face scrutiny on AI ambitions

    January 15, 2026

    Banks have been tipped as a big winner of AI integration but face a major test in selling their tech narrative to investors. As City lenders gear up to report their 2025 financials, shareholders will be looking past balance sheets for progress on digital ambitions. “This may be the year the market makes up its [...]

  • Could this be the weirdest London IPO in 2026?

    January 15, 2026

    What do you think the weirdest London IPO of the year could be? Take a moment to think about it. And now, let me tell you why you’re wrong. I have the answer. It’s a firm called Hybrid Air Vehicles, a company that makes airships. Yes, airships. If you thought – as I did – [...]

  • Exclusive: Hundred investors in power struggle with counties

    January 15, 2026

    The honeymoon period for some Hundred franchises following their windfall from overseas investors appears to be over, with relationships between counties and the new co-owners at multiple teams described as “fractious”. Sources with knowledge of the power struggle told City PM that “culture clashes” between investors, mostly from India and the US, had led to [...]

  • Forest swerves TfL’s e-scooter trial

    January 15, 2026

    Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week.  But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, City PM [...]

  • Defence splurge cannot fund planned expansion, military chief says

    January 14, 2026

    The Labour government’s commitment to increase defence expenditure to 2.5 per cent of GDP from next year will not fully fund the planned expansion of the armed forces, a top military official has warned.  Sir RIchard Knighton, chief of the defence staff, told MPs on Monday the rise in government funding would not be enough [...]

  • Divorced retirees more likely to rely on the state pension

    January 14, 2026

    Thousands more divorcees depend on the state pension compared to those in a marriage as the financial impact of separation continues to ripple into retirement across the UK. Nearly 70 per cent of divorcees rely on the state pension for their main source of income after leaving the workforce, compared to 45 per cent of [...]

  • ‘Downfall’: Home REIT faces SFO probe into suspected bribery and fraud

    January 14, 2026

    The UK’s top financial crime unit has unveiled a major probe into the past management of Home REIT after identifying as much as £300m in suspected fraud and bribery. The Serious Fraud Office (SFO) said it has carried out raids and arrests into the former London-listed social housing company, including searches at homes in Altrincham, [...]

  • Game, set, appeal: Wimbledon’s £200m expansion hits the court

    January 14, 2026

    The battle over Wimbledon’s £200m expansion has reached match point: while tournament chiefs aim for a net gain of 39 new courts, a campaign group is fighting back by dragging the planning decision to the Court of Appeal. The All England Lawn Tennis Ground plans to build 39 new tennis courts and an 8,000-seat stadium [...]

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