Number of parents at edge of £100k tax trap to ‘grow dramatically’ September 10, 2026 The number of parents grouping just under the £100,000 ‘tax trap’ salary in order to maintain access to free childcare will “grow dramatically”, tax researchers have warned, while some households continue to claim the benefit despite earning above the income threshold. The Centre for the Analysis of Taxation (Centax) has estimated that there could be [...]
Our debt addiction can only end in tears September 10, 2026 In December 2009, ratings agency Fitch downgraded Greek sovereign debt from A- to BBB+ following a dramatic few weeks in which the state of the country’s public finances were laid bare. By February, riot police in Athens were firing stun grenades and tear gas as they struggled to maintain public order. What followed was years [...]
Apple and Google defend safety records as UK clamps down on explicit teen content September 10, 2026 Apple and Google have defended their child safety records after the government said it would force tech giants to block under-18s from sending or viewing nude images on smartphones. The Silicon Valley pair told City AM they had made progress on introducing new safeguards for teenagers after three months of talks with ministers failed to [...]
Royal Antwerp: ‘New Bosman’ set to torch Uefa rules and spark mega class action September 10, 2026 European football faces an imminent legal bombshell likened to the Bosman Ruling that could scrap quotas for homegrown players and leave Uefa facing a hugely costly class action. The Royal Antwerp ruling has major implications for Uefa nations, potentially including England, who require clubs to have a minimum number of nationally-trained players, as well as [...]
Businesses urge Healey to reduce cost pressures in pre-Budget campaigns September 10, 2026 The bosses of Britain’s largest industry groups have urged Chancellor John Healey to reduce the cost of business in order to boost growth across the UK economy, City AM has been informed. Several business chiefs sent letters to the Treasury on Wednesday night with demands for the government to relieve pressures on employers. Correspondence landing [...]
White working class boys need jobs, not ‘schemes’ September 10, 2026 White working class boys have the worst educational outcomes in England, but distorting the labour market in their favour is not the answer.
Sadiq Khan urged to end London’s e-bike ‘patchwork’ September 10, 2026 Sadiq Khan has been urged to speed up plans for a London-wide e-bike licence, as Forest warned spiralling council fees and a regulatory “patchwork” risk forcing operators from the capital. In a letter to the mayor seen by City AM, the London-based e-bike operator said delays to Transport for London’s new licensing regime were threatening [...]
Barclays faces legal scrutiny over role in £90m ‘Ponzi scheme within a Ponzi scheme’ September 10, 2026 Barclays could be on the hook for as much as £37m over its role in a collapsed ‘Ponzi scheme’ after failing to dismiss claims brought by the company’s liquidators. The FTSE 100 finance giant provided banking services to a company called Denaro from 2013 until its demise a decade later, at which point it faced [...]
Nigel Farage has never been far from danger his entire career September 10, 2026 Cast your eye over Nigel Farage’s CV and you realise he is a man who never seems far from danger. At the start of his career in 1982 he joined the notorious US investment bank Drexel as a commodities trader. Drexel would collapse eight years later after its senior executive, Michael Milken, was sent to [...]
Pisces’ first birthday was an intimate affair September 10, 2026 The faint pop of a champagne bottle was heard in the Square Mile a few days ago, marking the first anniversary of the LSE getting a licence for Pisces – the private securities venue providing liquidity to fast-growing firms. As celebrations go, it was an intimate affair. Over the past year, just three businesses have [...]