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 …
Investing
Reeves mulls scrapping stamp duty for new national property tax
Chancellor Rachel Reeves is considering replacing stamp duty with a new national property tax on homes above £500,000, according to fresh reports. Senior ministers in the Treasury have been asked …
End of Windows 10 support will trigger wave of upgrades, Westcoast says
A withdrawal of support for Windows 10 is likely to trigger a rush to upgrade systems before the deadline, the UK’s biggest IT supplier has said as it posted a …
Ozempic sales surge as priced-out Mounjaro patients seek cheaper alternative
Ozempic sales have risen five-fold after a 126 per cent rise in the price of the Mounjaro drug due to pressure from US President Donald Trump. Mounjaro, manufactured by U.S. pharma …
More US investment in Premier League than other major football leagues
There are more clubs in the Premier League with US investment than in any other of the major European football leagues, a new report has shown. Over half, 13, of …
Bank of England may face lower inflation despite ‘Oasis bump’
Bank of England forecasts on inflation for July could be too high despite suggestions Oasis concerts could make prices jump, forecasters have said. The Bank’s last Monetary Policy Report took …
Burford Capital in talks to buy stake in US law firm
Legal financial firm Burford Capital is in talks to buy a stake in a US law firm, the identity of which has not been disclosed. Speaking to the Financial Times, …
Close Brothers shares downgraded despite motor finance win
Analysts have slapped a downgrade on Close Brothers stock despite the bank’s motor finance win last month at the Supreme Court. The FTSE 250-listed bank’s stock rating was lowered to …
Rental crisis in London worsens: ‘Payments border on the obscene’
Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 …
Exclusive: Wembley in line to stage Springboks match against Japan
The world champion South Africa rugby team will play at Wembley Stadium in November in a repeat of their “Miracle of Brighton” match against Japan, City AM understands. The Springboks, …