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Business

  • Private capital firms eye increasing investment in attractive UK market

    September 10, 2025

    Private capital firms view the UK as an increasingly attractive destination for investment as the Chancellor pledges to assist firms in raising capital. According to new research from the British Private Equity and Venture Capital Association (BVCA), four in 10 private capital investors view the UK as a good location to invest and build a [...]

  • Blame for rebel R360 league plans at rugby union’s door

    September 9, 2025

    Rugby union’s unwillingness to develop and progress has fuelled rebel rugby leagues like R360, a new report has concluded. The lack of a cohesive plan to attract new audiences, and minimal cooperation to get the game on free-to-air television more often, has allowed for new, alternative ideas to flood the discussion vacuum. R360 – which [...]

  • Rayner scandal piles pressure on HMRC as tax surveillance force swells

    September 9, 2025

    HMRC has increased the number of staff trained to physically monitor suspected tax evaders, as pressure mounts over Angela Rayner’s £40,000 stamp duty scandal. Official figures, obtained via Freedom of Information (FOI) and shared with City PM, show that 337 staff are now trained in covert surveillance, up from 171 people two years ago, in [...]

  • Jockey Club warns of Treasury ‘self-harm’ ahead of racing’s tax hike strike

    September 9, 2025

    The Jockey Club has warned that the government is “walking into self-harm” if it pushes ahead with a tax hike on racing bets as the industry prepares for an unprecedented strike tomorrow. For the first time in its modern history, racing has voluntarily shelved all meetings due to take place on Wednesday – at Lingfield, [...]

  • Kemi Badenoch: Labour presiding over ‘tax doom loop’

    September 9, 2025

    Opposition leader Kemi Badenoch has accused the Labour government of leading the UK into an economic crisis of low growth and high spending, as she urged the government to prioritise deep welfare cuts over increasing taxes at the Autumn Budget.  In a speech delivered to the Institute of Chartered Accountants’ Hall, Badenoch called out the [...]

  • Top Tory slams Anglo American’s move to relocate HQ to Canada

    September 9, 2025

    Anglo American will merge with Canada’s Teck Resources in a $50bn (£36bn) deal, shifting its headquarters to Canada and reducing its London presence in a move criticised by shadow business secretary Andrew Griffith. The Tory MP said it represents a blow to UK business and confidence in London. The new entity, to be called Anglo [...]

  • Clearbank brings fintech revolution to corporate banking

    September 9, 2025

    UK fintech Clearbank has laid out plans to power up its embedded banking services and take on legacy banks on a new battlefield. The firm said outdated “one-size-fits-all” approaches from centuries-old high street banks were “no longer fit for work” and set out plans to challenge traditional transaction services in areas like travel, hospitality and [...]

  • London fintech Monese says it needs more cash to survive after Pockit takeover

    September 9, 2025

    Monese has warned it will need fresh investment if it is to survive for another year as the London fintech embarks on a change in strategy to put itself on a firmer financial footing. The current account and money transfer business, which last year was acquired by fintech firm Pocket in a rescue deal, said [...]

  • Ben & Jerry’s founders call for release from parent company on social justice grounds

    September 9, 2025

    The co-founders of Ben & Jerry’s have written to the board of The Magnum Ice Cream Company (TMICC) and Magnum’s potential investors, requesting that the brand be released from the conglomerate. “Ben & Jerry’s was founded on a simple but radical premise: that our business could thrive and make outstanding products whilst standing up for progressive [...]

  • Newcastle unveil new logo after major Red Bull investment

    September 9, 2025

    Newcastle have unveiled their new branding having been purchased by energy drinks giant Red Bull in the summer. The Prem Rugby club faced severe financial woes last season but could now, theoretically, be one of the wealthiest clubs in the game after being given “wiiings” by their new owners. Red Bull’s sporting portfolio contains a [...]

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