Mastercard issues winding up petition against London fintech Guavapay Fintech Hundreds of jobs could be at risk as London fintech Guavapay faces a winding up petition from payments giant Mastercard over unpaid sums, City AM can reveal. The firm, which employs more than 500 staff and manages cross-border money transfers for individuals and businesses, was issued the notice on Christmas Eve, according to court filings [...]
Why mascots are the next branding opportunity for sports teams Sport Business Mascots aren’t just tacky costumes anymore, they’re the next frontier in the world of sport branding, writes Mike Perry. Surveying today’s sports brand landscape, one striking fact stands out. Teams aren’t just competing on the pitch anymore, they’re competing for hearts, thumb-scrolls and wardrobe space. For younger fans the experience of fandom is increasingly about [...]
Dyson will ‘stop being Dyson’ without inheritance tax U-turn The government’s controversial plans to apply inheritance tax on family businesses would leave Dyson “unrecognisable” after its eponymous founder’s death and force his family to sell off part or all of the business, the entrepreneur has said. Speaking to Radio 4’s Today programme, Sir James Dyson warned the consumer electronics giant will be unable to [...]
UK to slide down world rankings on GDP per capita by 2030, report finds December 26, 2025 The UK is set to slip down the world rankings of GDP per capita by the end of the decade after being weighed down by “subpar” growth, a new report has said. The British economy will fall from its current rank of 19th to 21st next year and down further still to 22nd by 2030, [...]
Which Gallagher Prem Rugby stadium is the best? December 26, 2025 There are 10 Gallagher Prem Rugby teams fighting to thrive, survive and just coast along this year – and their stadiums are key to achieving momentum. But which stadium is the best to watch England’s top flight competition in? In last year’s inaugural edition I had Newcastle Falcons’ (now Newcastle Red Bulls) Kingston Park bottom, [...]
Asda: Will 2026 be the year supermarket giant bounces back? December 26, 2025 This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]
The London IPOs to look out for in 2026 December 26, 2025 The year 2025 will not, it is safe to say, go down in history as a blockbuster one for London IPOs. Over its first nine months, the UK capital’s bourse was even languishing below its of Omani and Mexican counterparts when it came to capital raised at market debuts. We can take some consolation from [...]
Sport business quiz 2025: Test your knowledge with City AM’s topical teasers December 24, 2025 Quiz fans, have you been paying attention to the ever-changing sport business landscape in 2025? We at City AM have been breathlessly documenting it and have devised a test to see how much you remember. If you think you know your Hundred auctions from your Formula 1 minority sales and your record breaking NBA team [...]
Financial stability before glory: Why professional sport must grow up December 24, 2025 Professional sport has never looked richer or felt more fragile. Revenues are growing, valuations are rising, and private capital is circling like never before. Yet beneath the surface, financial fragility remains endemic. Too many clubs – across football, rugby, cricket and beyond – are one bad season, one failed owner, or one missed broadcast deal [...]
BP to sell majority stake in Castrol to US investment firm December 24, 2025 BP’s share price was slightly up on Wednesday after it announced the sale of a majority stake in its lubricant business to a US investment firm in a deal valuing the unit at $10.1bn (£7.5bn). The FTSE 100 oil giant kicked off the sale process in February, and New York-based Stonepeak has agreed to buy [...]