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Business

  • Balfour Beatty receives profit boost from government contracts

    August 13, 2025

    Infrastructure group Balfour Beatty recorded a jump in profit for the first half of the year after a bumper performance in its UK construction. The London-listed firm posted a £20m rise in pre-tax profit for the first six months of the year to £132m, up from £112m last year. It came as the business’ UK [...]

  • Kensington Roof Gardens plunges to £26m loss

    August 13, 2025

    The company behind the revamped Kensington Roof Gardens suffered a £26m loss after the venue reopened as a private members’ club, its latest accounts reveal. The grade-II listed former nightclub, situated on London’s swanky Kensington High Street, unveiled plans to launch as a members’ club in February last year, offering annual memberships of up to [...]

  • Chanel chief Leena Nair joins Tech Titans investor group at London Spirit

    August 13, 2025

    Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]

  • Crypto is all that’s propping up London’s miserly capital raising statistics

    August 13, 2025

    After London’s capital markets suffered one of their quietest starts to the year in decades, brokers all had the same words on their lips: second-half. Everything will pick up in the second half, they said. You just wait and see. If the start of the second half is anything to go by, those brokers may [...]

  • Soho isn’t just for residents, so why do they get all the say?

    August 13, 2025

    Soho could be a pedestrianised wonderland, but Nimbyism plus a council structure that disincentivises business is punishing all Londoners.

  • Pool Re: The UK’s secret weapon of insuring against terrorism

    August 13, 2025

    When the private insurance market buckled under the threat of terrorism, the government stepped in to ensure that businesses would not be left alone

  • A Rachel Reeves and Andrew Bailey clash risks Britain’s stablecoin dream 

    August 13, 2025

    A Rachel Reeves and Bank of England clash risks derailing Britain’s stablecoin dream as the country plays catchup in the over £200bn market. The Chancellor referenced plans to drive forward “developments in blockchain technology including… stablecoin” in her 2025 Mansion House speech. But Reeves faces an obstacle to push her plans in the form of [...]

  • Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget

    August 13, 2025

    Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]

  • Haileybury: Inside the private school producing sport stars like Piastri

    August 13, 2025

    Haileybury boasts some of Britain’s great modern athletes, and now they’re supporting Australian Oscar Piastri as he chases a world title. But how do they churn out talent? Formula 1’s man to beat at the moment is Oscar Piastri and, while a sportsperson from Melbourne may usually be associated with schooners, shoeys and thongs, there’s [...]

  • I learned the hard way. That doesn’t mean today’s entrepreneurs need to

    August 13, 2025

    Successful entrepreneurs have a responsibility to mentor the next generation of talent, writes John Caudwell.

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