Channel 4 named fastest growing streamer amid Netflix’s UK surge October 10, 2025 Channel 4 has emerged as the UK’s fastest-growing major streaming platform, City PM can reveal, beating multiple audience records in September and strengthening its digital hand with a new deal designed to rival the reach of Netflix and Disney+. The broadcaster’s streaming minutes jumped 36 per cent year-on-year, according to new BARB data, the biggest [...]
Tinned tuna giant Princes confirms intention to float October 10, 2025 Tinned tuna heavyweight, Princes, has confirmed its intention to proceed with its IPO to list on London’s main index. The decision comes just one week after the Italian-owned business announced it was considering a listing. The offer will be comprised of new ordinary shares to be listed by the company, in order to raise net [...]
Rugby unions vs R360 spat is the sport’s failures in a nutshell October 10, 2025 When I look from the outside at the recent statement spat between many of the leading rugby unions and the rebel R360 start-up, I cannot help but hark back to the 2020 election for chairman of World Rugby. In the blue corner was the incumbent Sir Bill Beaumont, backing the status quo but wanting to [...]
Treasury accused of blocking China audit after espionage trial fiasco October 10, 2025 The Treasury lobbied Prime Minister Keir Starmer’s national security adviser, Jonathan Powell, to block reports on the threat posed by Beijing in the midst of the probe against the two men accused of spying for China. According to The Telegraph, in June, Powell decided the UK government would not publish details about espionage from the Foreign Office’s [...]
FTSE 100 Live: Ibstock shares tumble, Princes confirms £1.5bn London IPO October 10, 2025 Good morning from the City PM liveblog team. JP Morgan boss Jamie Dimon has joined the chorus of warnings over an AI-driven market boom that some fear could go the way of the dot-com crash. Speaking from Bournemouth, where the bank announced a £350m investment in its local campus, Dimon described himself as “far more [...]
Crispin Odey, Michael Jackson, Sara Murray and the secret offshore trusts October 10, 2025 A question: What connects disgraced financier Crispin Odey with serial tech entrepreneur Sara Murray? For one thing, they’ve both been ousted by their own companies – a rare, noteworthy feat. For Odey, it was from his eponymous Odey Asset Management, following an investigation by the FT into allegations of sexual misconduct. For Murray, it was [...]
Tax fears heat up as firms ‘not ready for another Budget battering’ October 10, 2025 Tax fears across businesses in the UK are bubbling up, a leading survey has indicated, as Chancellor Rachel Reeves is warned that firms are “not ready for another Budget battering” later this year. The British Chambers of Commerce (BCC)’s survey has shown that business confidence remains in a fragile state amid nerves that another damaging [...]
Number of job seekers spike as high taxes continue to hurt UK economy October 10, 2025 The number of job seekers has spiked while a rise in starting salaries was “fractional”, according to analysis of leading survey data, in signs the jobs market is struggling to shake off higher taxes and low growth prospects. New monthly findings by the Recruitment and Employment Confederation (REC) and KPMG have pointed to another rise [...]
Footfall drops in sign of pre-Budget nerves October 10, 2025 Footfall at UK retailers dropped in September, in a sign consumers are tightening their belts in the face of sticky shop inflation and a looming Budget where taxes are set to be raised by billions of pounds. Total UK footfall fell by 1.8 per cent year-on-year, according to British Retail Consortium data, extending a run [...]
UK outperforms US in creating unicorns from early stage VC investment October 9, 2025 The UK has created nearly three times as many unicorns than the US per dollar in early stage venture capital (VC) investment in the past decade, highlighting its attractiveness as an investment destination. According to analysis from venture-building firm IMS Digital Ventures, the UK has converted $18.5bn (£13.8bn) of early stage investment into 57 successful [...]
