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Business

  • Just how many non-doms are leaving the UK?

    August 19, 2025

    Since the Chancellor announced her non-dom crackdown, advisers, campaign groups and economists have warned an exodus of wealthy foreigners is afoot. But after a report claimed that departures were less extreme than feared, Ali Lyon digs into the data. There are lies, damned lies, and statistics. Popularised by Mark Twain, the phrase describes people’s tendency [...]

  • Profit at Lucozade maker soars despite cost pressures

    August 19, 2025

    Profit at Suntory Beverage & Food, which owns both Lucozade and Ribena, has been boosted by higher demand for sports refreshments and ready-to-drink alcohol. Turnover at the company, which has over 40,000 employees across its various subsidiaries, rose two per cent to £552m in the year ended 2024, according to its latest reports filed with Companies House. [...]

  • Boots on the ground in Ukraine? Brits don’t want to fund it

    August 19, 2025

    With an electorate that doesn't back higher defence spending, Healey's promise to put troops in Ukraine looks like political grandstanding.

  • Quiet quitting 2.0: Forget Gen Z, it’s CEOs who are checking out

    August 19, 2025

    Gen Z has long been berated for disengaging, but it's CEOs that are the real problem. Welcome to quiet quitting 2.0: when the C-suite checks out but stays in.

  • Horizon fallout: How the SRA is turning up the heat on City firms

    August 19, 2025

    Following the Post Office Horizon scandal, the SRA is turning up the heat on in-house solicitors. Here's what it means for City firms.

  • Audit costs for English councils soar as bankruptcies mount

    August 19, 2025

    Audit costs for English councils have more than tripled, during a time many councils have fallen into bankruptcy or taken on greater debt.

  • Exclusive: Business Live dropped from Sky News in ‘premium’ push

    August 18, 2025

    Sky News has cancelled its daily Business Live news programme, leaving the channel without a stand-alone business programme for the first time since 2007, City PM can reveal. The broadcaster’s top brass informed staff about the decision in a memo on Monday evening, telling editorial employees that the show “will not return to the TV [...]

  • End of Windows 10 support will trigger wave of upgrades, Westcoast says

    August 18, 2025

    A withdrawal of support for Windows 10 is likely to trigger a rush to upgrade systems before the deadline, the UK’s biggest IT supplier has said as it posted a jump in sales. The Windows 10 operating system, which was introduced by Microsoft in July 2015, will no longer be supported from October 14 2025 [...]

  • Reeves mulls ‘punishingly high’ new property taxes

    August 18, 2025

    Chancellor Rachel Reeves is considering replacing stamp duty with a new national property tax on homes above £500,000, according to fresh reports. Senior ministers in the Treasury have been asked to study how a new “proportional” levy could be implemented and to model its impact ahead of potential tax changes in the Autumn Budget, The [...]

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