The small nuclear reactor business owned by FTSE 100 giant Rolls-Royce lost £115m in 2024, it has been revealed. Rolls-Royce SMR, which is not yet revenue generating, has posted the …
October 2025
Claridge’s: Five-star London hotel falls into the red
Claridge’s, the iconic five-star London hotel, has slipped into the red despite its revenue rising during its latest financial year, it has been revealed, amid major redevelopment work. For 2024, …
Labour warned not to repeat past mistakes with homebuying reforms
Property experts have welcomed government efforts to simplify the homebuying process, but warned that any change must be done in alignment with industry to avoid a repeat of previous attempts …
Jaguar Land Rover restarts engine production after cyberattack
Jaguar Land Rover (JLR) has restarted manufacturing at its Wolverhampton engine plant, making a key step in recovering from its major cyberattack that forced the British automaker to halt production …
Economists ask Labour to prioritise planning reform and cut tax to boost growth
A survey of economists and policy experts has put pressure on Labour to “spend political capital” on planning reform to encourage more home building and on reforming the welfare system, …
Construction sector hit by waning activity ahead of Budget
Business activity expectations in the construction industry have fallen to the lowest since the end of 2022 as companies remained glum on future outlook ahead of the Autumn Budget. The …
Rachel Reeves mulls bank tax amid scramble to fill fiscal hole
Rachel Reeves is reported to be weighing up a tax on Britain’s banking giants as the Treasury looks to strum up cash in the forthcoming Autumn Budget. The Chancellor is …
Shawbrook confirms IPO plans as listings revival gathers pace
Shawbrook has confirmed its plans for a stock market listing in the latest sign of a resurgence in activity in London’s IPO market. The Essex-based bank has today published its …
Tariffs and economic pressure drive slowdown at Aston Martin
Aston Martin has blamed a combination of economic challenges and the ongoing impact of tariffs as it warned sales will fall year on year. The luxury carmaker delivered fewer cars …
FTSE 100 Live: Gold rally gathers pace
Good morning from the City AM liveblog team. After a worryingly-long drought, the London IPO market roared back to life last week. Fermi’s dual listing in New York and on …