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  • Private sector bounces back but Reeves leaves hospitality reeling

    Economics

    The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]

    Keanu Reeves looking contemplative, highlighting his expressive face, suitable for a news article on his recent film project.
  • Hotel Chocolat tastes sweet success of quitting London

    Retail

    How Hotel Chocolat has performed since being acquired by Mars for more than £500m in July 2023 has been revealed for the first time. The Hertfordshire-headquartered business quit the London Stock Exchange after being taken over in a £534m deal. The deal, which at the time represented a 169.8 per cent premium on its 139p [...]

    High-quality assorted chocolates in an elegantly opened box, showcasing gourmet treats for special occasions or gifting
  • M&A activity declines as investors opt for high-value deals

    Business

    UK merger and acquisition (M&A) activity declined in the first half of the year, as investors sought strategic deals amid market volatility. The total deal value of UK M&A declined 12.3 per cent from £65.3bn to £57.3bn according to a report from professional services group PwC. Deal volume also softened with just 1,478 transactions in the [...]

    M&A activity was subdued as investors swung for fewer deals
  • London businesses optimistic for future economic growth, KPMG says

    August 18, 2025

    The vast majority of private business owners in London have recorded rocketing optimism about their growth prospects, but concerns surrounding the impact of inflation remain, according to the latest KPMG private enterprise barometer survey. Following a challenging first financial half of the year, with businesses hit with tariff turmoil and ongoing geopolitical tensions, confidence in [...]

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