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Business

  • Rachel Reeves’s caution could prove as damaging as Liz Truss’s recklessness

    November 18, 2025

    Reeves is trying her best to avoid any comparisons to Truss's infamous mini-budget, but her excessive caution could prove just as damaging.

  • PE, mergers, and AI: Professional services faces its most pivotal moment for 20 years

    November 18, 2025

    The professional services industry is arguably going through its most critical time in the last 20 years. As it sits on its train to the future, where it jumps off will seal its fate, as each move firms take will be critical to what the industry may look like in the next 10 years. While [...]

  • Budget could hand economy £60bn if small businesses supported 

    November 18, 2025

    Small businesses could provide a £60bn injection to the UK economy if the Autumn Budget meets firm’s needs, fresh research has indicated. Fresh research from Barclays Business Prosperity Index showed small and medium-sized enterprises (SMEs) were playing it cautious ahead of the Budget, even more so than their larger corporate counterparts. Firms hit pause on [...]

  • City watchdogs balloon despite deregulation drive

    November 18, 2025

    Calls for the Chancellor to accelerate her City-wide deregulation push grew on Monday after freshly obtained figures revealed headcount at financial regulators has ballooned by over 50 per cent in the past decade. According to data shared exclusively with City PM, nearly 4,500 more staff work at the City’s five largest regulators than did 10 [...]

  • On this day in 1987: 31 killed in King’s Cross fire

    November 18, 2025

    On this day in 1987, a dropped match in King's Cross Station set a wooden escalator ablaze, costing 31 lives. Eliot Wilson looks back.

  • Black Friday morphs into Black November

    November 18, 2025

    ‘Black Friday’ has been around since the 1950s, when Philadelphia police to describe the chaotic day after Thanksgiving. Since picked up by retailers, it has now morphed into a crucial day of shop discounts in the retail calendar – and (for better or worse) become synonymous with online giant Amazon in the process. But this [...]

  • London’s first all-electric energy centre greenlit in Brent Cross Town

    November 18, 2025

    Planning permission has been granted for London’s first large scale, all-electric energy centre at Brent Cross Town, the capital’s newest park town. The energy centre will provide low carbon heating, hot water and cooling across Brent Cross Town, which has 6,700 homes and over three million square feet of offices, retail and leisure space. “This [...]

  • Prime Ministers deserve a nicer house and we deserve better government

    November 18, 2025

    The nerve centre of the British state, 10 Downing Street, is fantastically ill-suited to the needs of a modern Prime Minister and to the interests of the country. An excellent piece by Politico last week lifted the lid on what it’s actually like to work in this rather dilapidated Georgian townhouse, with one former No [...]

  • Forget the naysayers, banks are still committed to climate action

    November 18, 2025

    Headlines have decried the end of green finance, yet the vast majority of institutions remain committed to climate action, writes Bob Wigley.

  • ‘Shenanigans’: Did the OBR save Reeves from hiking income taxes at the Budget? 

    November 18, 2025

    For weeks, Chancellor Rachel Reeves had been engaged in an extraordinary communications exercise of expectation management, leading Brits to believe that income tax was about to hiked for the first time in 50 years. In an unusual press conference earlier this month, she told journalists that everyone would have to contribute to the Labour government’s [...]

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