Brighton Pier up for sale as Reeves’ tax hikes bite November 6, 2025 Brighton Pier Group, which was taken private earlier this year, has placed all its assets on the market as it battles “an extremely challenging trading environment” and the impact of Rachel Reeves’ tax hikes. In its first set of accounts since quitting the London Stock Exchange’s AIM in May, the group said it is “now [...]
Trial of Nottingham Forest owner Evangelos Marinakis begins in Greece November 6, 2025 The trial of Nottingham Forest owner Evangelos Marinakis has begun in Greece, with the recognisable Premier League figure accused of instigating football violence and supporting a criminal organisation. Marinakis co-owns Super League Greece side Olympiacos and is on trial in Athens alongside four other board members on misdemeanour charges. The trial stems from charges lodged [...]
Diageo shares slide on profit warning after weak Chinese demand November 6, 2025 Shares in FTSE 100 drinks giant Diageo have fallen after weak demand in China and the US hurt sales and profit expectations. The group said its operating profit growth was set to be in the low to mid single-digit range for the year to June 2026, down from its previous guidance of mid single digits. [...]
BDO fined £6.5m after regulator slams it for faking audit evidence November 6, 2025 Business advisory giant BDO has been slapped with a £6.5m fine after two of its former audit engagement partners made admissions of misconduct. The Financial Reporting Council (FRC) launched an investigation after receiving formal complaints about the dishonest conduct of a BDO senior manager between 2015 and 2019, including the creation of false audit evidence, [...]
Earps fiasco at least sparks much needed debate on culture of women’s sport November 6, 2025 Mary Earps has hit the headlines this week, and provoked a conversation about culture in women’s football “Things have escalated really quickly today, women pitted against each other. It’s gut-wrenching to be portrayed as someone you’re not. I know that the negative is what gets clicks, but it’s sad that’s the only thing being discussed.” [...]
Daily Mail owner moves assets offshore ahead of Budget November 6, 2025 The owner of the Daily Mail has moved hundreds of millions of pounds worth of assets to its newly created offshore parent ahead of the November Budget, City PM has found. Daily Mail and General Trust (DMGT), which owns a host of publications including The Daily Mail, Mail on Sunday and the I newspaper, sold [...]
Business chiefs tell Reeves to make ‘unpopular’ tax decision November 6, 2025 Business chiefs have urged Rachel Reeves to take a bolder approach at the Budget and consider “unpopular” decisions to break Labour Party manifesto commitments. Members across the Confederation of British Industry (CBI), one of the UK’s largest industry groups, have urged the Chancellor to focus on boosting investment and productivity for the long-haul. Business leaders [...]
OBR should focus more on policy growth ‘upsides’ – says Tony Blair think tank November 6, 2025 The Government must force the Office for Budget Responsibility (OBR) to take more account of policy “upsides” when assessing an impact on growth, Tony Blair’s think tank has said. The Treasury watchdog should be required to be bolder in predicting growth to reward more ambitious economic policies, a report by the Tony Blair Institute (TBI) [...]
Lawyers lead charge on AI oversight as government drags on regulations November 6, 2025 As AI systems are deployed worldwide, the question of who is responsible when they cause harm, failure, or unexpected consequences is quickly becoming a major headache for businesses. With a lack of regulation, the problem is passed to the courts, keeping litigation partners busy. There are multi-billions on the line for technology investment, especially in [...]
London office starts lowest in 15 years November 6, 2025 New starts on London office developments have fallen to their lowest level since 2010, City PM can reveal, as stubbornly high interest rates and thorny planning laws continue to blight construction in the capital. In the 12 months to October, construction got under way on just 2.5m square feet (sq/ft) of London office space, less [...]
