London set for new 15,000-capacity arena in boost for capital November 10, 2025 The capital is set to gain a 15,000-capacity basketball arena after studies surrounding a new stadium for the London Lions concluded their opening phase. The custom-built, multi-purpose stadium could stage as many as 40 basketball games per season as well as hundreds of cultural events. A London Lions feasibility study conducted in conjunction with The [...]
Reeves’ LLP tax proposal will undermine ‘cornerstone of UK economy’ November 10, 2025 A professional services trade body warned that Rachel Reeves’ proposed increase in NICs for LLPs could lead to widespread conversion to limited company structures, undermining a successful British business model. The limited liability partnership (LLP) model, in which members (known as partners) invest their own capital in the business, was introduced 25 years ago and [...]
Trump threatens BBC with $1bn lawsuit November 10, 2025 Donald Trump has threatened to sue the BBC for $1bn for the editing of a speech by its Panorama programme. The Corporation has been given a deadline of Friday 14 November to make a “full and fair retratction” of the documetary ‘Trump: A Second Chance?’. BBC chair Samir Shah has apologised for an “error of [...]
Reeves set to bring in US-style whistleblowing pay for HMRC November 10, 2025 Chancellor Rachel Reeves is set to reveal a US-style whistleblower scheme to combat large-scale tax fraud. Later this month, HMRC is expected to launch a reward scheme, according to the Financial Times, which could pay informants as much as 30 per cent of any taxes collected as a result of tip-offs. The new US-style incentive [...]
Autumn Budget: How could Rachel Reeves change salary sacrifice rules? November 10, 2025 Salary sacrifice schemes have allowed Brits earning more than £100,000 to avoid high taxes since the 1970s. While a pay rise can be lucrative for some employees, for others being dragged over the £100,000 threshold can be financially damaging, particularly for parents of young children who risk having their free childcare hours pulled away and [...]
AI bubble tensions flare after Wall Street’s £750bn hit November 10, 2025 The bubbling market tensions continued to simmer on Monday as Wall Street sprung back to life after a week of AI jitters and tech nerves. US markets were coming off a week where AI-related firms lost over £750bn in market value led by a £350bn plunge in chipmaker Nvidia, which lost nearly ten per cent [...]
City execs plot new junior market to rival AIM November 10, 2025 A group of City execs have laid out plans for a new small-cap market in a bid to rival the ailing AIM and rejuvenate London’s public markets. Former Boku boss Jon Prideaux and former AIM chief executive Martin Graham are understood to have approached investors over a £4m fundraising to launch the new exchange, known [...]
Bank of England relaxes stablecoin stance in ‘watershed’ rules change November 10, 2025 The Bank of England has relaxed its stance on stablecoin in a new consultation paper aimed at helping Britain grab a slice of the £200bn market. The central Bank has previously faced calls to “publicly walk back” on its position on digital assets over fears the UK was missing out on the market. But in [...]
WTA Finals set to extend stay in Saudi Arabia as kingdom invests in tennis November 10, 2025 The money-spinning WTA Finals are set to remain in Saudi Arabia beyond the current contract. The finals, featuring the world’s top eight women’s players, concluded its second season in Saudi Arabia at the weekend as part of a three-year deal. But WTA chief Portia Archer said they would be looking to keep the event “in [...]
The evolving D&O risk landscape November 10, 2025 Growing management liability exposures and rising claims have increased the focus on effective D&O policies backed by effective D&O insurance carriers, ensuring company directors and officers are adequately covered for these risks. Amid continuing economic uncertainty, company directors and officers (D&Os) are under increasing pressure to keep their businesses profitable and continue making returns to [...]