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Business

  • Brits get poorer amid high inflation and soaring taxes 

    September 25, 2025

    British families saw their incomes drop in real terms last year when household sizes are taken into account, official data has shown, with high inflation and tax demands squeezing people’s finances.  The Office for National Statistics has revealed that equivalised original income for UK households dropped by £1,400 in real terms because salaries did not [...]

  • Heseltine-founded media giant snaps up trio of marketing titles

    September 25, 2025

    A magazine group founded by Michael Hesteltine has snapped up a trio of marketing titles from Aim-listed Centaur Media, bolstering its portfolio of advertising and communications outlets. Haymarket, which owns over 70 specialist magazines including the likes of Autocar, Campaign and Management Today, revealed it had acquired Marketing Week, Creative Review and Festival of Marketing [...]

  • Ticketmaster forced to change sales practices after Oasis ticket row

    September 25, 2025

    Ticketmaster has been forced to introduce new transparency measures following a probe into the way it sold tickets for Oasis’s highly anticipated reunion tour. The Competition and Markets Authority (CMA) said the ticketing giant will now have to give fans clearer information about prices and ticket types, following widespread complaints during last year’s ‘Live ’25’ [...]

  • New Balance Arena: Atalanta strike stadium naming rights deal

    September 25, 2025

    Italian football club Atalanta have deepened their ties to the US by agreeing a stadium naming rights deal with sportswear brand New Balance. Boston-based New Balance became the Bergamo team’s kit supplier this season and has quickly doubled down by expanding the partnership. Atalanta are owned by US private equity boss and former Chelsea bidder [...]

  • White House to stop any effort attempting to ban Israel from World Cup

    September 25, 2025

    The White House will look to stop “any effort” attempting to ban Israel from the 2026 World Cup, which will be co-hosted by the United States. A United Nations advisory panel this week urged both Fifa and Uefa to suspend Israel from competitive international football, and club teams from competition, due to the conflict in [...]

  • Watch: Is the UK at risk of recession?

    September 25, 2025

    We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week fired warning shots at the Treasury – and why has one of them warned that we’re heading into a recession? It wasn’t supposed to be like this. [...]

  • UK fintechs send rallying cry as industry slips in global ranking

    September 25, 2025

    UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City PM the government must be bolder in growth-orientated reforms to bolster the sector’s standing against rivals.  It comes after Z/Yen’s 38th Global Financial Centres Index showed the UK’s fintech sector [...]

  • Huge losses revealed at Purplebricks after takeover

    September 25, 2025

    Online estate agency Purplebricks racked up huge losses in the year it was taken over by Strike, it has been revealed. New accounts filed nine months after the Companies House deadline show the firm’s pre-tax losses went from £19.4m to £37.8m in the year to 31 March 2024. Over the same period, its turnover rose [...]

  • Budget: Tax hikes loom for Britain’s wealthiest

    September 25, 2025

    Wealthy Brits are bracing themselves for a raft of tax rises in the looming Autumn Budget, prompting many to scramble to protect their wealth. According to the latest Saltus wealth index, nearly 80 per cent of high net work wealthy individuals (HNWIs) expect Labour to impose further tax rises in the next 12 months. While [...]

  • Co-op digests £80m profit hit from cyber attack

    September 25, 2025

    The Co-operative Group has revealed an £80m hit to half-year profit after a damaging cyber attack earlier this year. The retail and funerals specialist said that it had slumped to a loss in the first half of 2025 after being targeted by a “malicious” cyber attack. Shoppers were faced with empty shelves and issues with [...]

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