Vodafone raises profit target after cutting 3,000 European jobs Telecoms Vodafone has raised its profit target after wielding the axe on thousands of roles across Europe in the first half of the year. The telecommunications giant said it had cut 3,000 roles in the region between April and September 2026, helping drive savings of €200m (£167m). The FTSE 100 group also confirmed it would cut [...]
FBI probes Nvidia boss over alleged spy affair as shares tumble Tech The FBI is investigating Nvidia boss Jensen Huang’s affair with a suspected Chinese spy, Donald Trump has confirmed, as shares in the AI chip giant tumbled more than four per cent despite a wider Wall Street rally. Nvidia shares closed 4.3 per cent lower on Monday, having plunged almost nine per cent earlier in the [...]
FTSE 100 Live: Stocks to climb; Trump says Iran war ‘effectively over’ FTSE 100 Live Welcome back to City AM‘s FTSE 100 live blog. It’s Tuesday morning and stocks are set to climb higher as traders continue the week’s positive start. Tech stocks rebounded in the US overnight, despite Nvidia losing more than four per cent over its ‘honeytrap’ scandal. Oil prices are falling further after President Trump said the [...]
An ex-DJ and a former Lord Mayor: Who is behind Poundland bidder Xyra Group? November 10, 2026 Xyra Group is pulling ahead in the race to buy Poundland. Felix Armstrong explores who is behind this little-known investment firm A former DJ, an ex-builder and the 695th Lord Mayor of the City of London walk into a boardroom. Could they walk out as the new owners of Poundland? Xyra Group, an obscure investment [...]
Why the City can’t stop talking about OSB November 10, 2026 OSB Group has a new boss, but chatter in the City and deal speculation persists. Samuel Norman takes a look at one of Britain’s lesser-known lenders and what could be around the corner. Few financial institutions crop up more in discussions with fee-hungry deals advisers than Onesavings Bank. It’s a firm lesser-known in households across [...]
Forget the railroad, buy the seaside: Fund manager urges investors to look to AI’s secondary boom November 10, 2026 A leading UK small-cap fund manager has urged investors to look past the titans of the AI trade and consider allocating capital to companies adopting the technology in order to drive returns. Laurence Hulse, founder of investment trust Onward Opportunities, questioned whether the AI cycle has entered a stage where it is more lucrative to [...]
Burnham is wrong to scrap the Lifetime ISA November 10, 2026 The Lifetime ISA is a successful product, and new reforms will only make it better. So why is the government still going to scrap it?
Take it from a tax adviser for the ultra wealthy, this Budget did damage November 10, 2026 Burnham's "thinly spread" Budget was far from harmless for Britain's wealth creators, writes Jamie Morrison.
Young leaders can help solve the NEETs crisis November 10, 2026 Amid the NEETs crisis, many young leaders are creating new routes into employment, writes Ella Robertson McKay.
Burnham’s energy costs battle confronts net zero pressure November 10, 2026 Andy Burnham will face difficult decisions on energy policy against the competing pressures of sky-high industrial costs and Labour’s net zero commitments. Mauricio Alencar looks at the trade-offs facing the government before the Prime Minister’s COP 31 visit. While it didn’t make the headlines, Chancellor John Healey’s Budget speech signalled a huge shift in positioning [...]