The UK’s IPO market is in need of pizzazz – here’s how to get it August 14, 2025 London's IPO market is struggling, but there is hope. Here's how the government can revitalise the country's capital markets.
London ‘staring down the barrel’ of £2bn hit from higher business rates August 14, 2025 London is set to take a massive blow from changes to business rates when the tax increases next April. Business rates could rise by an estimated 26 per cent across the capital, from £9bn to £11bn, according to the Heart of London Business Alliance (HOLBA). “Businesses in the West End and across London are staring [...]
Good A-levels are no guarantee in Labour’s abysmal jobs market August 14, 2025 As teenagers open their A-Level results, Andrew Griffith laments a job market that is punishing today's young people.
Mark Kleinman: Thames Water’s fate now sounds like a dripping timebomb August 14, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City PM column Thames Water’s fate now sounds like a dripping timebomb There are few more irritating sounds than that of a dripping tap you cannot fix. That, writ large, is the headache facing the Labour government as it [...]
Think tank calls for policy changes to avoid ‘eyesore’ council houses August 13, 2025 A think tank has called for the overhaul of the way local authorities approach council houses to encourage building and avoid ‘eyesore’ houses. Policy Exchange’s report, which is backed by former Labour Housing Secretary Ruth Kelly and ex-Housing Minister Kevin Hollinrake, called for a new national design code for council houses as well as a [...]
Cricket’s dirty secret: Unpaid players, rogue officials and bad governance August 13, 2025 In many ways, these are heady days for cricket. A return to the Olympics in LA in 2028 promises to take a sport with pockets of fervent support to new audiences; The Hundred has shown the game’s appeal to deep-pocketed investors; and the recent series between England and India delivered thrills and spills in the [...]
Beazley: Shares slump after profit falls August 13, 2025 Shares in Lloyd’s of London insurance group Beazley fell more than 11 per cent after the company reported a sharp drop in profit for the first half of 2025. Beazley reported a profit before tax of $502.5m (£371.9m) for the six months ending 30 June 2025, down from the $728.9m reported in the first half [...]
Demand for passive funds drives assets under management to record highs August 13, 2025 The UK investment management industry reached “record highs” in 2024, boosted by demand for low-cost products and overseas interest in UK assets. Tracker net sales surged for the third consecutive year, as investors increasingly look towards low-cost products and passive investments. In contrast, active sales tumbled, according to the latest report from the Investment Association [...]
Claire’s on the verge of collapse with over 2,000 jobs at risk August 13, 2025 Claire’s, the high street fashion accessories chain, is on the brink of collapse after revealing its intention to appoint administrators in the UK and Ireland in a move which would put over 2,000 jobs at risk. The business, which has 278 stores in the UK as well as a further 28 in Ireland, filed a [...]
US giant Anthropic poaches British AI firm founders in OpenAI rivalry August 13, 2025 Anthropic has hired the three cofounders of London-based AI startup HumanLoop, along with most of its engineering and research staff, in its latest move to bolster AI talent in Europe. As Sifted reported on Tuesday, the hires include chief executive Raza Habib, chief tech officer Peter Hayes and chief product officer Jordan Burgess, all of [...]
