Why are London’s house sellers losing money? January 17, 2026 London’s housing market is known for offering vast mansions and leafy avenues to wealthy buyers from across the world. So why are more sellers in the capital suffering losses than anywhere in the country? It is London’s most affluent and sought-after locations where the profitability of home-selling is taking the biggest hit, with Chelsea and [...]
Exclusive: Rachel Reeves to lead start-up delegation at Davos January 16, 2026 Rachel Reeves will lead a delegation of entrepreneurs in charge of some of Britain’s fastest growing start-ups to the World Economic Forum in Davos next week, City AM can reveal. The troupe of UK-based founders will join the Chancellor and business secretary Peter Kyle in the Swiss Alps as part of a concerted push by [...]
AJ Bell boss: Rachel Reeves ISA reforms ‘doomed to fail’ January 16, 2026 The chief executive of a top investment firm has issued a scathing broadside against the Chancellor’s proposal to restrict cash ISA limits. In a letter seen by Sky News, AJ Bell chief executive Michael Summersgill wrote to Rachel Reeves that efforts to push Brits towards investing with limits on cash savings are “doomed to fail”. [...]
Musk-Altman rift widens as judge approves court battle January 16, 2026 OpenAI and Microsoft have lost their final bid to avoid a courtroom battle with Elon Musk, with a US judge ruling that the Tesla and xAI founder can proceed to trial over claims that the start-up breached its original charitable mission. The case, set for a jury trial in late April at the District Court [...]
Sally Clarke’s Notting Hill bakery put up for sale after suffering losses January 16, 2026 A bakery business owned by seasoned restaurateur Sally Clarke has been put up for sale on an insolvency marketplace after suffering losses, City AM can reveal. The Notting Hill Bakery, which employs dozens of staff and makes nearly £6m per year selling artisan breads, cakes and cookies, is seeking buyers for all or part of [...]
Why Battle of the Sexes tennis match fell short of One Point Slam January 16, 2026 Tennis recently revived the “Battle of the Sexes” concept as a way to generate attention, attract headlines and spark debate. In doing so, however, the sport risks overlooking a simple truth: women’s tennis no longer needs comparison to prove its value. Women’s tennis is a strong product in its own right, with four of the [...]
Big Tech wants to access your health records January 16, 2026 OpenAI’s launch of ChatGPT Health this month is set to capitalise a behavioural pattern that has already taken hold. Millions of people use AI chatbots to make sense of symptoms, test results and medical jargon, often even before speaking to a qualified clinician. The difference is that now, as of just last week, the technology [...]
Swindon Town face expulsion for picking player who was serving seven-game ban January 16, 2026 Swindon Town face being thrown out of the EFL Trophy after the League Two club fielded two ineligible players – including one who was serving a seven-match ban. The Robins named captain Ollie Clarke in the starting line-up for Tuesday’s 2-1 win at Luton Town and brought on Aaron Drinan as a substitute at half [...]
UK growth spurt due to ‘payback for earlier weaknesses’ January 16, 2026 The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on earlier readings, top analysts have warned. Data published on Thursday morning showed the UK economy inched up 0.3 per cent in November despite expectations of [...]
Bank of England’s Bailey: Central banks must challenge populism January 16, 2026 Andrew Bailey has called on central banks international institutions to stand up to proponents of populism with their words and actions, warning that organisations like the Bank of England are being painted as “unresponsive and acting for the benefit of powerful” interests. In a speech to a group of economists and officials in London, governor [...]