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Business

  • Could this be Britain’s most expensive shed?

    August 7, 2025

    As we report today, there’s been a nationwide downturn in construction. The issue is especially acute in London – the place housing is needed most – where the number of new home starts is hurtling towards zero. At this rate, there is just no way the government will meet its target of building 1.5m new [...]

  • If BBC battle change, is it time to abolish sport’s Crown Jewels?

    August 7, 2025

    With change needed to ensure lesser followed sports get their time in the spotlight, is it time to abolish the Crown Jewels and ditch the BBC for some coverage? What I know about aquatics could be scribbled with a waterproof Sharpie on a pair of skimpy Speedos. I do know, though, that swimming is one [...]

  • LIVE: Bank of England cuts interest rates to four per cent

    August 7, 2025

    The Bank of England has slashed interest rates to the lowest level in more than two years at four per cent. The decision to cut rates from 4.25 per cent comes after members were told to vote for a second time after facing a split decision. It follows the Bank’s chief economist, Huw Pill, telling [...]

  • ‘My boss knew I’d leave Freshfields from my first week in’: Nnamdi Emelifeonwu on setting up legal tech firm Definely

    August 7, 2025

    Freshfields lawyer Nnamdi Emelifeonwu left law to set up legal tech firm Definely. He takes us through his career in Square Mile and Me.

  • One bad apple: The rise of partner vetting at law firms

    August 7, 2025

    In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line

  • Oxford Street’s new phone theft warnings are utterly depressing

    August 7, 2025

    When demand emerges, the market will provide a solution and the internet is now awash with anti phone theft devices. Basic wrist straps are available on Amazon for a couple of quid, with more robust ‘retractable phone security tethers’ on offer for around £30. You can even get a body-worn strap system that looks like [...]

  • London pub scene ‘showing real resilience’ despite soaring costs

    August 7, 2025

    The number of pubs in London has barely budged in the last decade despite heavy pressure on the capital’s hospitality scene. There are 3,523 pubs in the capital, only 10 fewer than in 2023 and just under the 3,530 venues recorded in 2017, according to data from the ONS. “The data shows it’s far from [...]

  • Whisky Business: A new era for Scapa

    August 7, 2025

    Whisky Business: City PM’s monthly look at the world of whisky. The Orkney Islands have a special place in the world of whisky. The cool, damp, and often windy climate is considered ideal for a slow and steady maturation process, while pristine water sources permeate the rocky landscapes. Orkney also has an abundance of unique heather-rich [...]

  • Borough Market: New chief takes the helm at London’s oldest food hall

    August 6, 2025

    Borough Market has announced hospitality veteran Alistair Maddox as the iconic site’s new chief executive officer following Jane Swift’s resignation earlier this year. One of the capital’s best-loved and oldest food markets, Borough Market has grown into a thriving six-day-a-week market, attracting 20 million visitors a year. The market, which has been in the same [...]

  • EFL in advanced talks with Sheffield Wednesday owner Chansiri over sale

    August 6, 2025

    The EFL says it is “in advanced discussions” with Sheffield Wednesday owner Dejphon Chansiri over a sale of the financially stricken football club. Wednesday are set to begin the new season this weekend despite players going unpaid and part of their Hillsborough Stadium being closed due to a chronic lack of funds. The English Football [...]

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