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Business

  • ONS: We know we need to do more to improve our data

    October 21, 2025

    After calculation errors thwarted the publication of price indices in the spring, the ONS's James Benford explains how the institute has improved its dataset.

  • Waymo’s driverless taxi UK rollout puts legal system to the test

    October 21, 2025

    The UK is set to become the first European country to welcome Waymo’s driverless taxis but lawyers caution that current laws are fundamentally incompatible with the technology. Last week, Waymo announced its UK launch will start with a small fleet of human-supervised Jaguar I-PACE electric vehicles “in the coming weeks,” before moving to fully autonomous [...]

  • City chiefs sound alarm on China embassy

    October 21, 2025

    Senior figures within Canada Corporation have told City PM of their concerns regarding China’s controversial plans for a new super-embassy on the edge of the Square Mile.  The proposed embassy development on the edge of Canada has triggered alarms over possible threats to the security of sensitive cables passing [...]

  • F1 chief defends blockbuster $700m Apple TV deal

    October 20, 2025

    Cadillac chief Dan Towriss has defended Formula 1’s blockbuster new $700m media rights deal with Apple. The tech giant, whose digital arm streams Major League Soccer, signed a five-year deal for the US rights from 2026 last week reported to be worth over £500m, gazumping an ESPN offer for $90m per season. But the agreement [...]

  • Execs see pound signs in AI tech, not just efficiency

    October 20, 2025

    C-suite business executives are even more enthusiastic about AI than the lawyers and accountants at the professional services firms advising them. According to research by Thomson Reuters, 90 per cent of corporate C-suite leaders say AI will have ‘high’ or ‘transformational’ impact in the next five years, compared to just 80 per cent of lawyers [...]

  • Labour urged to block Chinese embassy amid spy row 

    October 20, 2025

    The Labour government has been urged to shut down China’s application for its new embassy at the Royal Mint Court site amid fears the country poses a threat to UK national security.  Senior Tory MPs Alicia Kearns and Tom Tugendhat, who allege they were spied on by China, called on the government to block an [...]

  • Padel Travel X and Oliver Wyman win at Evelyn Partners Padel Cup

    October 20, 2025

    A stellar line-up of City firms including EY, PwC and Clifford Chance, sporting royalty Michael Vaughan and Anthony Watson, and pro players turned out for the inaugural Evelyn Partners Padel Cup last week. Specialist tourism company Padel Travel X scooped the top prize, beating EY in the final of a keenly contested 16-team tournament at [...]

  • Hundreds of jobs at risk as Pizza Hut UK dine-in arm goes into administration

    October 20, 2025

    The dine-in arm of Pizza Hut has collapsed into administration, putting dozens of restaurants and hundreds of jobs at risk. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. The 67-year-old chain has said it will shutter 68 venues permanently, while 1,723 workers face uncertainty on their [...]

  • Gloucester Rugby call on fans for investment fund raise

    October 20, 2025

    Gloucester Rugby are set to announce plans for a fan-led fund raise in a bid to “protect the future” of the club. The Cherry and Whites last year added City fund manager Jack Ingles to an investor group that comprises majority owner Martin St Quinton and minority shareholder Tim Griffiths. But the Prem Rugby club [...]

  • Kingsley Ibeh: Let me fight Anthony Joshua in Nigeria

    October 20, 2025

    The man who could next face Anthony Joshua in the ring has called for the bout to take place in Nigeria. Kingsley Ibeh is one of the fighters who could take on Joshua – a man he has described as his idol – next year, with Ghana and Nigeria seen as potential locations to host [...]

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