Is Brexit really to blame for the Chancellor’s growth headache? October 23, 2025 As the government prepares the public psyche for substantial tax hikes at next month’s Budget, the Chancellor has taken a Brexit-shaped risk. Keir Starmer’s government has largely opted for caution over talking about relations with the European Union. The Prime Minister has insisted that re-opening the Brexit debate would bring only “turmoil” but he also [...]
St James’s Place continues on its path to redemption October 23, 2025 The UK’s leading wealth manager, St James’s Place, has continued on with its work to move past its 2024 downfall, reporting a “strong quarter” as funds under management hit record highs. Gross inflows increased to £5.7bn, a 30 per cent jump from the £4.4bn recorded the previous year, while net inflows jumped 98 per cent, [...]
Eon Productions’ James Bond pay day revealed October 23, 2025 Eon Productions received $20m (£15m) from the sale of the James Bond franchise earlier this year, it has been revealed for the first time. In February, James Bond producers Barbara Broccoli and Michael G. Wilson agreed to sell creative control to Amazon MGM Studios for a reported $1bn. Exact financial terms of the deal, which [...]
Steven Bartlett resigns from Diary of a CEO maker October 23, 2025 Dragons’ Den star Steven Bartlett has stepped down as a director of the company behind his Diary of a CEO podcast. The celebrity entrepreneur no longer holds the role at the London-headquartered Flight Story Group, according to a new filing with Companies House. A spokesperson for the businessman said: “Steven Bartlett is currently in the [...]
RSM UK approves merger with US arm, backing partnership over private equity October 23, 2025 Accountancy firm RSM UK has greenlit a merger with its US sister, RSM US, to create a $5bn (£3.75bn) new partnership structure, in the first major transatlantic combination in the accountancy sector. It was reported last October that both firms were in talks, with a focus on the mid-market. On Thursday, after a “near-unanimous vote” [...]
London Docklands might get a new 820-home development October 23, 2025 A new 820-home planning application in the Docklands has been submitted in what could be a major housebuilding scheme for the capital. The 54-storey scheme, submitted by Areli Developments, would occupy 77 Marsh Wall in Canary Wharf. Rob Tincknell, founder and CEO at Areli, said it would be a “landmark building… for all types of [...]
Lloyds profit slides 36 per cent after hiking motor finance provisions October 23, 2025 Lloyds Banking Group recorded a major hit to profit in the third quarter after the group was forced to nearly-double its provisions for the motor finance scandal. The bank posted a third-quarter profit before tax of £1.2bn, falling 36 per cent from the £1.8bn recorded in 2024. For the year-to-date the FTSE 100 titan has [...]
In defence of sport’s blazers: Give them scrutiny, yes, but also empathy October 23, 2025 Spend a minute on social media during a major sporting event and you’ll find them: the keyboard warriors, the armchair pundits, the self-appointed arbiters of “what the fans really want”. Their target? The blazers in the boardroom perceived to be truffling for perks and who wouldn’t know how to find the nearest grassroots facility. While [...]
FTSE 100 Live: Lloyds takes profit beat, LSEG new investment October 23, 2025 Good morning from the City PM liveblog team. Just how much is the motor finance redress scheme going to cost Britain’s biggest banks? Yesterday’s results from Barclays offered an insight – and it wasn’t pretty. The Canary Wharf-based bank almost quadrupled the provision it had set aside to cover motor finance claims, from under £100m [...]
Autumn Budget: Reeves told avoid ‘pick and mix’ tax grabs October 23, 2025 Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the managing director of TheCityUK warns Reeves not to patch up the tax tire just for it to deflate once more. The Chancellor has touted financial and professional services for their role “at the [...]
