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Business

  • Signal AI raises $165m as UK tech faces scaling challenge

    September 24, 2025

    London-based Signal AI, a risk and reputation intelligence platform, has raised $165m (£122m) in a growth equity round led by US investor Battery Ventures, giving the company a major stake. The funding will support international expansion across the US, Europe and, the Middle East, whilst also funding strategic acquisitions and product development. Founded in 2013 [...]

  • Wages soar to £1.5bn as HMRC ramps up on compliance staff

    September 24, 2025

    HMRC has allocated over £1.5bn for 2024-25 to support staff in compliance, preventing and detecting fraud cases and collecting taxes, representing a 23 per cent increase on its 2021-22 staff bill. According to a freedom of information (FOI) shared with City PM by think tank Parliament Street, over the past fiscal year as part of [...]

  • GB Snowsport announces new partner with Olympics looming

    September 24, 2025

    London headquartered insurance broker McGill and Partners has partnered with GB Snowsport ahead of the 2026 Milan Cortina Winter Olympics and Paralympic in February and March. The short-term deal will see the organisations partner up after a successful World Cup season for GB Snowsport, with the likes of snowboard cross racer Charlotte Bankes, skier Dave [...]

  • Top retail boss warns UK heading into recession

    September 24, 2025

    The boss of AO World has warned that inflation, new red tape around hiring and higher taxes are quickly pushing the UK into a recession. “We’ve lived through a few recessions in the last 25 years – I think we’re heading into another one,” founder and CEO of AO World, John Roberts, told the BBC. [...]

  • Stalling Starling revs up Engine in rebrand

    September 24, 2025

    Veteran of the UK fintech industry Starling has overhauled its brand with a fresh colour palette, a new slogan and even a new name. The digital lender announced last week it would drop the word “Bank” from its banking arm’s name in a move analysts have described as a “significant” step in its evolution. The [...]

  • Shaping the Square Mile’s future

    September 24, 2025

    Destination City Partnership Fund: Let’s Shape the Future of the Square Mile Together. It’s easy to let milestones—big and small—pass you by in a city as fast-paced and ever-changing as London. But this summer, I paused to reflect on a few of my own milestones—both personal and professional. On the personal side, I celebrated a [...]

  • Destination City: The future of London’s financial hub

    September 24, 2025

    Tom Sleigh on the Future of London’s Financial Hub. 1. Tom, it’s been a few months since you’ve taken on your role as Chairman of Planning and Transportation for Canada Corporation, what has surprised you most about the position? The scale of activity and its positive impact on developer and investor sentiment. [...]

  • Firms turn to security as threats to bosses rise

    September 24, 2025

    British businesses are bolstering security measures for their chief executives faster than any other country in Europe, in the face of rising threats to bosses’ personal and cyber security. According to a fresh report examining rising threats to executives across the world, over a third of the UK’s chief security officers (CSOs) believe bosses in [...]

  • Nigel Farage rows back on key migration pledges

    September 24, 2025

    Nigel Farage has appeared to row back on key aspects of his legal migration pledges amid mounting questions over whether his figures stand up as well as fierce criticism from top lawyers and researchers on the viability of his plan to end Indefinite Leave to Remain. The Reform UK leader told LBC on Wednesday morning [...]

  • Tennis stars on collision course with Grand Slams over reforms

    September 24, 2025

    Leading tennis players including Jannik Sinner and Aryna Sabalenka are understood to be unhappy with the Grand Slams about a lack of progress over welfare, prize money and consultation reforms. The top 10 players from the men’s ATP and women’s WTA tours have been in discussions with Wimbledon, the French Open, the US Open and [...]

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