One in four retail workers physically assaulted on the job November 4, 2025 A quarter of retail workers have been physically assaulted on the job as retail crime continues to worsen in the UK. Close to half of retail staff (44 per cent) said they’re being abused or attacked every week, up 10 per cent year on year, according to a new report from the Retail Trust. A [...]
Pound sinks to seven-month low after Reeves spikes tax fears November 4, 2025 The pound took a plunge this morning after Chancellor Rachel Reeves spooked the markets with a speech laying the groundwork for big tax hikes in her Autumn Budget. Sterling fell to its lowest since April against the dollar this morning at $1.30 – a 0.46 per cent loss today alone. The pound was also struggling [...]
Labour has ‘unbelievably harsh stance’ on big businesses November 4, 2025 It is “unbelievable” that the Labour government has “taken such a harsh stance” on big businesses, the chief executive of restaurant chain Pizza Express has said. Speaking on an up-coming episode of City PM’s Boardroom Uncovered podcast, Paula MacKenzie said the industry had been “somewhat decimated” by the Covid-19 pandemic and has then been hit [...]
Amazon rolls out UK’s biggest electric truck fleet amid government push November 4, 2025 Amazon has begun rolling out the first of its largest-ever UK electric heavy-goods vehicles (eHGVs), with 160 trucks set to join its British fleet over the coming months. The first of the new 40-tonne Mercedes-Benz eActros 600s is set to hit the road this week, delivering parcels between Amazon’s logistics hubs nationwide. The fleet is [...]
Court rejects Getty Images’ core claim in historic case against AI image generator November 4, 2025 The High Court dismissed Getty Images’ core intellectual property claims against an AI image generator, but also granted it limited historic success in a landmark UK lawsuit. US giant Getty Images sued UK-based AI image generator Stability AI, alleging it unlawfully copied and processed millions of copyrighted images to train its image generation technology. The [...]
‘We all have to do our bit’ – Reeves primes Brits for tax hikes November 4, 2025 Rachel Reeves has refused to rule out hiking taxes on millions of Brits as she said everybody will have to “contribute” to fix the UK economy. At a speech on Tuesday, the Chancellor said this year’s Budget would look to address the low productivity, curb inflation in order to prompt fresh interest rate cuts and [...]
Tottenham Hotspur set for new front-of-shirt sponsor despite AIA deal November 4, 2025 Tottenham Hotspur is ending its front-of-shirt sponsorship deal with insurance giant AIA Group Limited at the end of next season. The Hong Kong–based multinational firm has featured on the front of the north London club’s home shirts for a decade and will continue to do so until the conclusion of the 2026-2027 season. But then [...]
ABF considers spinning off Primark November 4, 2025 Consumer goods giant ABF is considering selling off fashion brand Primark as it undertakes a ‘comprehensive review’ of the business. ABF, which founded Primark – then known as Pennies – in Dublin in 1969, said that “no decision” has been taken yet. The strategic review will be carried out with the help of the advisory [...]
FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall November 4, 2025 Welcome back to City PM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]
‘Tax on risk’ – Founders warn against income tax rise November 4, 2025 A group of young entrepreneurs has issued a fresh warning that a proposed hike to income tax will hit the self-employed hardest, and accelerate a trend of young founders relocating overseas. In a clarion call ahead of next month’s Budget, the Young Entrepreneurs Forum warned that a mooted 2p rise in income tax alongside a [...]
