FTSE 100 Live: Stocks dive as Trump’s tariffs threaten trade war Markets Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
UK economy ‘languishing’ behind peers as living standards stagnate Economics The Labour government risks leaving the UK economy falling further behind major trading partners, left-leaning economists have warned, as they urged Rachel Reeves to ramp up growth plans ahead of crucial meetings in Davos this week. A new report by the Resolution Foundation, the think tank where several current Treasury ministers brainstormed policies before becoming [...]
Reeves hails UK IPO revival and claims new ‘golden age’ for the City Business Rachel Reeves will declare that reforms to UK listing rules are “reinvigorating” the City of London, as she hails a new “golden age” for the Square Mile. Speaking at an event in the Square Mile on Monday, Reeves will say: “Two years ago, some said the City’s best days were behind it. They were wrong”. [...]
AI-enhanced deception: The audit industry’s next big test January 19, 2026 The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]
Richest women’s football teams 2026: Arsenal pip Chelsea and Barcelona January 19, 2026 Arsenal have overtaken Barcelona Femeni to become the richest women’s football team in Europe, according to Deloitte’s latest annual rankings. Last season’s Champions League winners topped the list of women’s football clubs ranked by revenue for the first time, with Arsenal earning €25.6m (£21.5m) in 2024-25. Women’s Super League holders Chelsea are a close second [...]
Wetherspoon to reveal Christmas trading amid challenging backdrop for pubs January 18, 2026 Pub giant JD Wetherspoon is set to shed light on how its customers fared over the key Christmas period amid a backdrop of rising costs for the sector. The value pub chain, which runs around 800 venues across the UK, will become the latest firm to reveal its latest trading performance when it updates shareholders [...]
Ministers to change UK merger rules in bid to speed up deals January 18, 2026 Whitehall is preparing a fundamental reset of the UK’s merger control regime, as ministers seek to accelerate deal-making and strip back some red tape for businesses. The Department for Business and Trade is expected to outline plans this week that would significantly change how the Competition and Markets Authority (CMA) reviews takeovers and sector-wide competition [...]
UK inflation faces December bump from travel and food costs January 18, 2026 UK inflation may have edged higher at the end of last year, with Christmas travel and higher duties pushing up prices, economists have warned. Several forecasters expect the Consumer Prices Index (CPI) to have ticked up in December after falling sharply in November. Economists at Pantheon Macroeconomics say they expect inflation to rise to 3.3 [...]
Starmer slams Trump’s UK tariff threat over Greenland January 18, 2026 Keir Starmer has joined European leaders in condemning Donald Trump’s plan to impose sweeping tariffs on the UK and several Nato allies. The prime minister has warned the move risks damaging transatlantic trade and collective security. The US president said goods exported from the UK to the US would face a 10 per cent tariff [...]
NBA Europe open to sovereign wealth and in talks with family offices January 18, 2026 The NBA is open to sovereign wealth funds buying franchises in its proposed European basketball league, says the US sports giant’s commissioner Adam Silver. Speaking in London ahead of the NBA game on Sunday at the O2 and a presentation to potential commercial partners the following morning, Silver said the league and its advisors were [...]