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Business

  • Confidence in commercial real estate hit by Building Safety Act delays

    November 25, 2025

    Regulatory delays under the Building Safety Act have negatively impacted the vast majority of institutional real estate investors, according to new data. Originally implemented to tackle safety concerns in light of the devastating Grenfell fire, the Building Safety Act (BSR) has now created significant planning delays and “undermined market confidence”, according to Investec Real Estate’s bi-annual Future [...]

  • Asda billionaire quits role at Vinted rival

    November 25, 2025

    Billionaire Mohsin Issa, who co-owns supermarket giant Asda, has stepped down as a director of a second-hand fashion startup he backed. The businessman is a major investor in online platform Loopi alongside Victoria Price through Boulder Investco – a fund which supports startups in the UK. Launched in the UK in January, Loopi was co-founded [...]

  • Would the new Cyber Bill have prevented 2025’s retail chaos?

    November 25, 2025

    The 2025 UK cyber bloodbath, which saw JLR down for five weeks, M&S nursing a £300m hole, Co-op, Harrods, and more, all happened after the government had already spent four years consulting on cyber legislation. And when the Cyber Security and Resilience Bill finally slouched into the House of Commons on 12 November, the reaction [...]

  • Traders brace for punishing Budget on pound

    November 25, 2025

    Traders are making pre-emptive moves on the indication Rachel Reeves’ forthcoming Autumn Budget will send the pound tumbling. Investors have taken an overwhelmingly bearish view on the pound, with new trading data revealing the volume of put options – contracts that profit when sterling declines – surpassing call options, those that profit when the currency [...]

  • Easyjet ‘in the firing line’ for FTSE 100 demotion as economic concerns persist

    November 25, 2025

    Easyjet is “in the firing line” for demotion from the FTSE 100 as investors fear the budget airline carrier could be squeezed by Budget tax hikes and weak consumer confidence. The budget airline carrier’s share price fell 1.61 per cent in early morning trading to 472.6 pence, tumbling 14.6 per cent this year to date. [...]

  • First residents to move into Bermondsey’s revitalised biscuit factory site

    November 25, 2025

    Pearl Yard, a redevelopment of Bermondsey’s iconic biscuit factory, has delivered its first homes since Greystar acquired it in 2022. Named after “The Pearl”, the first biscuit baked on the original Peek Freans factory site, the new neighbourhood is set to create 1,600 new rental homes when it is fully completed in 2027. Daniel Thompson, managing director [...]

  • Next hikes dividend after NIMBY backlash sparks Essex land sale

    November 25, 2025

    Retail giant Next has offloaded a highly contested piece of land in Essex after a group of NIMBYs blocked its plans to build a distribution centre. The firm completed the sale on November 21, bringing to a close its intention to develop the Waltham Abbey site and generating £54m in cash. Next has said it [...]

  • Domino’s brand acquisition on hold as chief executive quits

    November 25, 2025

    The chief executive of Domino’s Pizza has quit the company after just two years after presiding over a halving in the firm’s stock price over the past twelve months. Andrew Rennie, who joined the firm’s board in 2023, is to depart with immediate effect, with chief operating officer Nicola Frampton serving as interim chief executive [...]

  • Reeves demands bank chiefs back Budget

    November 25, 2025

    Top bank chiefs are expected to praise Rachel Reeves’ Budget measures, according to reports, as the Chancellor looks set to dismiss calls for extra taxes on the sector.  Lenders are being encouraged to back the government and follow through with extra investment plans to support Britons up and down the country, a report in the [...]

  • FTSE 100 Live: Pound braces for painful Budget; Kingfisher shares lead rally

    November 25, 2025

    Good morning from the City PM liveblog team. At long last, we are just one day away from the Budget, in which Rachel Reeves is expected to unveil tens of billions of pounds in tax rises. This despite the fact that she promised taxes wouldn’t go up after last year’s hikes. Who is to blame? [...]

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