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Business

  • New York law firm Cohen & Gresser in talks over £30m private equity deal

    November 24, 2025

    New York law firm Cohen & Gresser is in talks to sell a stake to a private equity group, weeks after McDermott Will & Schulte expressed interest in restructuring the firm to secure outside funding. The firm has been in talks around the sale of a $40m (£30.5m) convertible note that would ultimately be swapped [...]

  • Peter Kyle: We will not pit businesses against unions

    November 24, 2025

    Peter Kyle has said businesses can contribute to more than two dozen consultations around sweeping measures in the Employment Rights Bill to make themselves heard on extra regulatory costs as the business secretary launched a defence of union bosses’ contributions to reforms. Speaking to an audience of business leaders at the Confederation of British Industry [...]

  • Lime squeezes London riders with quiet price hike

    November 24, 2025

    Lime has quietly raised the cost of its London e-bike rentals, Morning Wire understands, increasing its per-minute rate from 29p to 31p, a seven per cent jump, without notifying customers. The price of its 30-minute ride bundle has also risen sharply from £3.99 to £4.49, an increase of just over 12 per cent. For regular [...]

  • Britain’s SMEs are fed up with shouldering tax burden

    November 24, 2025

    The Budget presents tough choices for the Chancellor, but SMEs shouldn’t have to continue shouldering the burden, writes John Phillipou.

  • China threat policy questioned amid urgent MI5 warnings

    November 24, 2025

    Despite MI5 sounding its most urgent alarm over Chinese intelligence activity in Westminster yet, the UK government has refused to label China a national security threat. According to new MI5 analysis circulated to MPs last week, Chinese state-linked operatives are running “relentless” influence and information-gathering operations across Whitehall, using LinkedIn to target parliamentary researchers, advisers, and [...]

  • Paralympic chief explains lifting of ban on Russia and Belarus

    November 24, 2025

    Russia and Belarus have had their bans from Paralympic Games lifted because they are no longer using sport to promote war, says the president of the International Paralympic Committee. Both countries were suspended by the IPC shortly after Russia’s invasion of Ukraine in 2022, a decision upheld for “breaches of its constitutional membership obligations” the [...]

  • Advertising giants’ share prices tumble as Big Tech swallows up ad spend

    November 24, 2025

    The scale of the difficulties facing the advertising market was laid bare on Monday after two London-listed industry titans saw their share prices plummet after they slashed profit and sales expectations. M&C Saatchi’s share price tumbled a staggering 11.9 per cent to 111p, with shares down 36.9 per cent this year to date, while shares [...]

  • Bosses warn Reeves against ‘stop-start economy’

    November 24, 2025

    The boss of one of the UK’s largest industry groups has called on Chancellor Rachel Reeves to avoid taking measures that lock in the country’s “stop-start economy” in a pre-Budget speech ratcheting up pressure on the government to unleash growth.  In a landmark speech on Monday, Rain Newton-Smith, the chief executive of the Confederation of [...]

  • ‘I have no confidence in Rachel Reeves to turn things around’

    November 24, 2025

    The chief executive of a luxury hotel group in London has said he has “no confidence” in Chancellor Rachel Reeves ahead of her Budget later this week. Gavin Taylor, who leads Clermont Hotel Group, also branded Reeves as “not particularly business friendly” and that the Chancellor needs to lower the tax burden on companies in [...]

  • Budget: Rachel Reeves told to make ‘simple fix’ to ‘badly outdated’ shares scheme

    November 24, 2025

    Chancellor Rachel Reeves has been told to make “simple fixes” in the Budget this week to hand hundreds of millions of pounds in tax incentives to small businesses. It was first reported last month that proposals had been drawn up to lift the cap on Enterprise Management Incentives (EMIs). The scheme allows smaller businesses to [...]

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