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Business

  • Dunelm shares crater as hot weather undermines growth plan

    September 8, 2026

    Shares in Dunelm plummeted after its new boss warned that record summer temperatures had posed an early hurdle to her plans to kick off growth at the furniture and homeware seller. Clo Moriarty, who joined the group from Sainsbury’s in October last year, said progress towards her new strategy has so far been delayed by [...]

  • Football multi-club ownership firm seeks London Stock Exchange bond issue

    September 8, 2026

    An ambitious London-based firm looking to create a football multi-club network and sell bonds on the London Stock Exchange has smashed its first fundraising goal. The Football Factory raised over £100,000 at an £8m pre-money valuation this week ahead of a Series A round and a bond sell-off – in one or both of London [...]

  • As it happened: FTSE 100 waivers; oil nears $100 on new Hormuz sanctions

    September 8, 2026

    Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index slipped on Tuesday morning, as investors weighed fresh tensions in the Middle East which boosted London’s oil majors but dragged on other members. Oil prices continued to march upwards. Brent crude – the international benchmark for oil prices – gained another 1.5 per [...]

  • How the NHS backlog fuelled a private equity gold rush in UK health market

    September 8, 2026

    Private equity firms are circling the UK’s healthcare market as NHS backlogs push a wave of patients towards private providers, experts have said. Britain’s biggest private hospital operator, Spire Healthcare, which operates 38 private hospitals, on Sunday agreed to a £1bn takeover by Toscafund Asset Management. Earlier this year, private healthcare property firm Assura agreed [...]

  • Healey wants to focus on the future but business is haunted by past mistakes

    September 8, 2026

    John Healey has a reassuring voice. If he revealed dry rot in your house or rang to tell you of suspicious activity on your account, you’d feel oddly calm about it. He’s not a gifted public speaker, but there is an ease and a glimmer of warmth that stands in stark contrast to the earnest [...]

  • UK at risk of £290bn finance industry ‘being governed overseas’

    September 8, 2026

    The UK is at risk of its booming financial services industry being governed overseas after lagging behind international rivals in digital asset innovation, a new report has warned. Banking industry body UK Finance has issued a rallying call to policymakers to move at pace in developing the infrastructure to power tokenisation, or see the country [...]

  • Labour takes narrow lead over Reform as donation row wounds Farage

    September 8, 2026

    Labour has taken a narrow polling lead over Reform UK for the first time in a year and a half as voters warmed to Andy Burnham in September. The latest City AM/Freshwater Strategy poll has shown that Labour now enjoys 26 per cent of the voter share, ahead of Reform UK, which is on 25 [...]

  • Champions League: Is the rise of the superclubs becoming a problem?

    September 8, 2026

    Eight clubs in this year’s Champions League have a massive financial advantage over the rest but, with TV and commercial revenue increasing, should Uefa be worried? The Champions League kicks off in earnest this evening with a low-key fixture between AEK Athens and Austrian side LASK, the kind that, for most neutrals, could only be [...]

  • The City may not be woke, but is it waking up to wellness?

    September 8, 2026

    Photis Kassianides worked on equity trading floors before setting up a divorce coaching service. He writes about the destagmitisation of wellness.

  • The UK can still lead in tokenisation – but only if we move fast enough 

    September 8, 2026

    Tokenisation will reshape market infrastructure whatever we do – the question is whether the UK wants to shape it or adapt to decisions made elsewhere.

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