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Business

  • Bunzl: FTSE 100 giant hit by Rachel Reeves’ tax grab

    August 26, 2025

    Profit at distribution titan Bunzl took a hit in the first six months of 2025 as challenging economic conditions weighed on the firm’s books. The FTSE 100 giant’s adjusted operating profit came in at £404.5m for the half, an 11.2 per cent drop from £455.5m for the same period the year prior. Despite this shares [...]

  • Tennis and athletics rank top for value for money, according to Brits

    August 26, 2025

    Tennis and athletics have come out on top as sports Brits think are the best value for money, City PM can reveal. Exclusive research by Ipsos shows that of those who attended sport in the last 12 months, fans of tennis felt they got the best bang for their buck. Over three quarters of the [...]

  • Business rates ‘double whammy’ to cost English companies billions

    August 26, 2025

    Businesses in England are to face an “unavoidable double hit” to their property tax payments next year, which will see total payments surge by about £2.5bn, according to new figures. Analysis from global tax firm Ryan indicated that inflation and a government tax change will combine to drive up business rates bills further. Business rates [...]

  • Food inflation jumps to 18-month high as chocolate and butter prices rise

    August 26, 2025

    Food prices have risen at their fastest pace for 18 months amid surges in the cost of chocolate, butter and eggs, latest figures show. Food inflation lifted to 4.2 per cent this month from per cent in July, according to the British Retail Consortium (BRC)-NIQ Shop Price Monitor. It marked the highest level since February [...]

  • Workspace vacate London HQ for Unilever-acquired Wild Cosmetics

    August 26, 2025

    Wild Cosmetics has signed a new lease with Workspace which will see it move into Workspace’s current head office at Kennington Park. Workspace, which owns and manages flexible office and light industrial spaces, will move its headquarters to The Centro Buildings in Camden. Freddy Ward, co-founder of Wild, said he was “really happy” to be [...]

  • Think twice before you take legal advice from AI

    August 26, 2025

    AI can help make legal support accessible, but it can also be dangerous. Could a regulated AI tool akin to the NHS 111 service be the answer?

  • 1,000 days of ChatGPT: How has work changed?

    August 26, 2025

    1,000 days on from the launch of ChatGPT, Henrik Landgren asks what has changes, and what's next, for the white collar workforce

  • Beware calm markets. Smooth waters don’t always signal safety

    August 26, 2025

    As US markets prove resilient to tariff chaos, Fabio Bassi pleads a note of caution. As sailors know, calm waters don't always signal safety.

  • Job vacancies tumble in July as hiring appetite eases

    August 26, 2025

    UK job vacancies tumbled in July following a strong June performance, with entry level roles still suffering from a weak job market. Vacancies fell month on month following June’s strong rebound, down 1.24 per cent to 864,705, according to the latest job market report from Adzuna. Average salaries suffered a slight fall, slipping to £42,264 [...]

  • Officials working ‘very hard on ending Russia-Ukraine war’, Trump envoy says

    August 25, 2025

    US president Donald Trump’s special envoy Keith Kellogg said officials are “working very, very hard” on efforts to end the three-year war between Russia and Ukraine, as a lack of progress fuels doubts about whether a peace settlement could be on the horizon. Mr Kellogg said in Kyiv that officials are “hoping to get to [...]

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