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Business

  • There is a future for British steel – but it isn’t built on nostalgia

    October 8, 2025

    Traditional steel making is one of the dirtiest industries on earth. Transforming it into an industry of the future requires innovation not nostalgia.

  • When it comes to work, Britain has an attitude problem

    October 8, 2025

    It's not rocket science that more growth requires more workers, so why is our government burying its head in the sand, asks Emma Revell.

  • Reeves must reject this finger-wagging, fun-sapping, tax-loving nonsense

    October 8, 2025

    The Chancellor may have felt in need of a stiff drink after absorbing the latest productivity figures handed to her by the Office for Budget Responsibility, and who could blame her? The OBR is widely expected to have significantly downgraded its productivity forecasts while at the same time conceding that it’s been overestimating productivity growth [...]

  • Average Brit would need lifetime of earnings to become wealthy

    October 8, 2025

    The average British worker would need to save more than a lifetime’s worth of earnings to become wealthy, fresh analysis has revealed. The ever-widening wealth gap means it would take £1.3m – around 52 years’ worth of average earnings – to jump from the middle to the top of wealth distribution. This is over a [...]

  • London hailed as global capital for women’s sport as 1.4m visit

    October 8, 2025

    London has been hailed as a global epicentre for women’s sport after the Red Roses, Queen’s Club, the Lionesses and athletics all contributed to 1.4m fans attending events in the capital. Nearly 82,000 fans packed in to Allianz Stadium in Twickenham last month to watch England beat Canada to win a first Women’s Rugby World [...]

  • Badenoch preferred as Prime Minister over Starmer

    October 8, 2025

    Kemi Badenoch has been handed a boost ahead of her make-or-break Tory conference speech today as fresh polling has shown the Tory leader is preferred as Prime Minister over Keir Starmer.  The latest City PM/Freshwater Strategy survey has shown that Badenoch leads Starmer by two percentage points as the country’s preferred Prime Minister, a marginal [...]

  • EU tariffs leave UK steel industry facing ‘biggest threat ever’

    October 7, 2025

    The UK’s ailing steel sector is facing the “biggest crisis in its history”, industry chiefs have warned, after the European Union unveiled plans to double tariffs on all steel imports in a bid to revive its moribund steelmaking capacity. As part of efforts to kickstart a “reindustrialisation of Europe“, EU commissioners signed off a proposal [...]

  • FCA orders lenders to pay £11bn in motor finance compensation

    October 7, 2025

    The Financial Conduct Authority (FCA) has announced that it expects lenders to make 14.2 million payouts to individuals affected by unfair motor finance agreements, totalling around £11bn in compensation. The FCA estimates people would receive around £700 per agreement, on average. It has also been calculated that around 85 per cent of eligible consumers would [...]

  • Exclusive: NRL investment talks welcome but must be open, Leeds Rhinos chief

    October 7, 2025

    Frank discussions over Australia’s NRL potentially buying a stake in English rugby league should be welcomed, a key Super League boss has told City PM. Leeds Rhinos chief executive Gary Hetherington says calls from Peter V’landys, chair of Australia’s governing body, to look at investment should be heard as part of a wider discussion between [...]

  • Revolut boss abandons UK residency in favour of UAE

    October 7, 2025

    The boss of London-born fintech juggernaut Revolut has abandoned his main residency in the UK in favour of the United Arab Emirates.  Nik Storonsky’s updated residency was posted in fresh Companies House filings on the fintech chief’s family company on Tuesday.  The move comes mere weeks after Revolut pumped £3bn into the UK as it [...]

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