Trump's America is turning the tide on woke, but are DEI quotas good for business? Our writers hash it out in this week’s Debate.
The financial landscape is vast, and navigating it can be a headache, especially with a lot of change. However, with inflation still eating into savings, and a bigger tax burden on individuals looming for 2025, protecting your money and making sure it is working hard enough for you has gone from a nice-to-have, to a [...]
Consultancy giant Baker Tilly International revenue increased by nine per cent globally, as its legal service arm was the largest contributor to the growth
The government must take “urgent action” to revive London’s junior stock markets AIM and Aquis or risk more firms flooding overseas this year, a top City group has warned. In a new report today, The City UK, a trade body representing the UK’s financial services sector, called on the Chancellor Rachel Reeves and financial regulators [...]
YouGov’s chief executive Steve Hatch takes a closer look at the data behind the biggest stories in business. Here, he looks at the future of WH Smith. News broke last week that WH Smith was looking to sell its UK high street stores. The company told the London Stock Exchange that it intended to become [...]
Retail crime is “spiralling out of control”, hitting a new high last year despite billions spent on protection. Losses from customer theft reached a record £2.2bn, while retail violence and abuse increased over 50 per cent to more than 2,000 incidents a day, according to the British Retail Consortium’s (BRC) Annual Crime Survey. More than [...]
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles pay rows at Barclays, how WH Smith is clinging on and a floating debate for Monzo Are Barclays pay rows a mere historical relic? There was a time when Barclays and public [...]
Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well as its owner, Mark Zuckerberg, due to his accounts being suspended on its platforms. Meta had banned his accounts following the [...]
On Wednesday, electric vehicle (EV) giant Tesla reported a significant decline in profit for 2024, with its net income dropping over 70 per cent to $2.3bn (£1.83bn). The firm reported a profit of $2.3bn (£1.84bn) in the last three months of the year. Profit at Elon Musk’s group dropped despite an increase in sales, which [...]
Pembroke VCT boss Andrew Wolfson has backed brands like TALA and Pasta Evangelists. He tells us the wisdom he's picked up along his career.
The group behind Pinewood Studios has revealed plans to build more film stages at the iconic home of the James Bond franchise. Pinewood Group has launched a public consultation into its proposals to expand Pinewood Studios in Buckinghamshire. In a statement, the group said the plans would involve the expansion and investment would incorporate additional [...]
A mixed use construction scheme on London’s South Bank has been given the green light after developers won a court battle against a campaign group last December. Mitsubishi Estate was granted planning permission by the High Court last December for the redevelopment of 72 Upper Ground, the old headquarters of ITV, after over a year [...]
City broker Peel Hunt has upgraded St James’s Place this morning, after a strong set of results and a surge in share price. Britain’s biggest wealth manager reported £4.3bn in new money throughout 2024 this morning, sending its stock price up more than eight per cent to more than £10. The bump came from £1.5bn [...]
Turnover of the UK’s top 25 independent breweries hit a record high of £1.72bn in the last year although there was a higher rate of insolvencies for small brewers, according to new data. The figure was up nine per cent year on year, according to national accountancy group UHY Hacker Young. The record turnover was [...]
Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can [...]