Canada considers outside investment for housing projects December 9, 2025 Canada is considering bringing in outside investors to help fund housing projects in the Square Mile. A partnership would be the first time the Square Mile has brought in outside investment for housing in the Corporation’s nearly 1000-year history. The Corporation, which manages 1,800 social rented homes as well as 900 leasehold [...]
Pro Climbing League names London first venue for new bouldering tour December 9, 2025 London is the first venue to be announced for the new Pro Climbing League, with Team GB’s Olympic champion Toby Roberts among those set to compete. The indoor bouldering competition is to be held at Greenwich venue Magazine London on 28 February and feature 16 of the world’s leading climbers, including Paris 2024 gold medal [...]
UBS chief strategist: Market is not in a ‘bubble’, but US debt poses the real risk December 9, 2025 Despite narrow market leadership that mirrors the crashes of the 1970s and 1990s, the equity market is not currently in a ‘bubble,’ according to UBS Investment Bank Chief Strategist Bhanu Baweja. Speaking at Abu Dhabi Finance Week, Baweja addressed investor concerns that just nine companies in the Russell 3000 have driven 72 per cent of [...]
UK legal sector books double-digit revenue growth in 2024 December 9, 2025 Total revenue from legal activities in the UK reached a record £52.3bn in 2024, up 11 per cent from 2023, according to a new report by TheCityUK, published in partnership with Barclays. The UK boasts the world’s second-largest legal services market, trailing only the US, thanks to the dominance of English common law. Overall, the [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]
Ann Summers remains in the red as sales stall and jobs shed December 9, 2025 Ann Summers’ sales have stalled as it shed jobs and remained in the red during its latest financial year, it has been revealed. The business has posted a turnover of £93.4m for the 12 months to 28 June, 2025, according to new accounts filed with Companies House. The total comes after Ann Summers also reported [...]
Laurent-Perrier: King’s champagne supplier blames private school VAT for sliding sales December 9, 2025 Labour’s introduction of VAT on private school fees contributed to profit at Laurent-Perrier, which supplies King Charles III with champagne, being significantly cut during its latest financial year. The division of the French giant has said its sales were impacted not only by the Labour government extending VAT to school fees but also higher interest [...]
Government puts anti-corruption spotlight on ‘corrupt lawyers, bankers, and accountants’ December 9, 2025 The UK government launched a new anti-corruption strategy targeting “professional enablers”, such as “corrupt lawyers, accountants and bankers” who help dirty money flow. It is estimated that over £100bn is laundered through the UK every year by the National Crime Agency (NCA). The corruption has also affected British businesses, which have faced 117,000 bribe offers [...]
New British Cycling firm seeking equity and investment partners December 9, 2025 Key Hundred team adviser Oakwell Sports Advisory has been engaged by British Cycling as a new firm actively seeks “strategic equity and investment partners”. British Cycling Ventures has been formed to “supercharge commercial growth and target long term strategic investment” in the two-wheeled sport. Oakwell, who advised on The Sun Group’s acquisition of Hundred team [...]
Budget chaos takes toll on October growth as ‘prospects remain poor’ December 9, 2025 The UK economy is expected to have grown by just 0.1 per cent in October as firms grappled with Budget speculation and uncertainty, analysts have said. A Bloomberg poll of City economists predicted the Office for National Statistics (ONS) will pencil in next to no growth for the month. The expected slowdown is set to [...]
