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Business

  • Trump sues BBC for $10bn in Florida, citing producers trips to Mar-a-Lago

    December 16, 2025

    US Donald Trump has filed a lawsuit against the BBC in the Southern District of Florida, alleging that BBC producers travelled to Florida to film “significant portions of the [Panorama] documentary”. Last month, Trump threatened to sue the BBC for $1bn over the misleading edit of a Panorama programme, which spliced together two parts of [...]

  • Global recruiter SThree hit by ailing UK jobs market

    December 16, 2025

    Global recruiter SThree has felt the pinch of the deteriorating UK jobs market with the region becoming the group’s worst performing large market. The consultancy – which specialises in connecting workers in science, tech engineering and mathematics with companies in need of staff – recorded a 26 per cent slump in fees in the UK [...]

  • Profit triples at Cartier owner as UK sales rise

    December 16, 2025

    Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a pre-tax profit of £30m for the 12 months to 31 March, 2025, according to its latest accounts which have been filed with Companies House. The [...]

  • FTSE 100 Live: Ofwat £11m fine; Unemployment at four-year high

    December 16, 2025

    Good morning and welcome back to the City PM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New unemployment data showed another blow for the Labour government, which has denied that its policies have had an on the ailing jobs market. The UK [...]

  • The secret to Reform’s rise? They don’t put their out of offices on

    December 16, 2025

    Reform used the summer holiday vacuum to further their cause, and it's made all the difference, writes Michael Martins in today's Notebook.

  • The City is thirsty for more detail from Reform

    December 16, 2025

    Appearing before MPs yesterday, Keir Starmer bemoaned the “consultations, regulations [and] arms-length bodies” that create “a thicket of reasons why you can’t do something.” He was responding to a question from Dame Meg Hillier, the Labour MP who chairs the committee in front of which he was appearing, about whether he had prepared enough for [...]

  • Why leaking can make for good government

    December 16, 2025

    Mic-drop moments does not a good government make, says Alastair McCapra. He makes the case for political leaking.

  • Private landowner sends Lime an £8k bill as e-bike row escalates

    December 16, 2025

    A London property firm has invoiced Lime nearly £8,000 for removing, storing and returning dockless e-bikes left on its private land, City PM understands, amid struggles to contain the capital’s bike clutter problem. Russell Gray, director of property firm Shiva Ltd, personally returned around ten Lime bikes to the firm’s depot on Thursday, handing staff [...]

  • British pessimism is stalling growth

    December 16, 2025

    British leaders are now the least optimistic cohort internationally, and it's having a real-world impact on growth, writes David Stevens.

  • Mickey Mouse puts copyright woes to bed with Disney-OpenAI deal

    December 16, 2025

    Disney’s $1bn investment in OpenAI, coupled with a three year licensing deal for over 200 Disney, Marvel, Pixar, and Star Wars characters on Sora, constitutes a seismic shift in how Hollywood thinks about content creation and copyright. Last week’s announcement, long anticipated since CEO Bog Iger hinted at AI plans, marks the first time a [...]

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