FTSE 100 Live: Wetherspoons boss slams taxes; Tuna giant eyes IPO October 3, 2025 Good morning from the City AM liveblog team. There is no clearer sign of the scale of political turmoil the past nine months than the soaring price of gold. The precious metal started the year near $2669 and has since soared to $3900 – a rise of over 45 per cent. The asset now looks [...]
Green is good: How has Blank Street taken over London? October 3, 2025 Given the ubiquity of Blank Street’s pastel green branding across the capital, it is almost surprising to think the New York-based company only opened its first London shop in the summer of 2022. In fact, it only opened its very first shop in Williamsburg in 2021, after spending nearly a year housed in a Brooklyn [...]
AI healthtech Cera can slash NHS emissions, new study finds October 3, 2025 An AI-powered model for home healthcare can reduce carbon emissions by around 15 times compared with hospital care, new research has found, adding an environmental dimension to the case for shifting more care out of hospitals and into the community. An independent third party analysis by IEP confirmed that that Healthtech company Cera’s home-first model [...]
Bosses’ inflation expectations highest in two years amid employment freeze October 2, 2025 Fears that inflation will remain well above the Bank of England’s two per cent target intensified on Thursday, after a closely watched survey of businesses revealed bosses plan to raise prices at their fastest rate since the height of the cost-of-living crisis. British businesses also have the weakest hiring intentions since 2020 with firms expecting [...]
Women’s sport participation numbers surge, Royal London state October 2, 2025 Participation numbers in women’s sport are soaring as global success inspires the next generation of athletes. More women are playing football, rugby, netball, hockey and cricket than in 2023 with big moments in women’s sport cited as key factors in getting people active. The findings, from Royal London, come a week after England’s Red Roses [...]
Lord Mayor: ‘Schizophrenic’ City needs more positivity October 2, 2025 The City of London is suffering from a bout of “extraordinary schizophrenia” that has left it devoid of confidence at a time when other markets still view it as one of the world’s eminent financial centres, the Lord Mayor has said. In one of the last speeches he will make in post before his term [...]
Lloyds looks to take control of Schroders wealth tie-up October 2, 2025 Lloyds Banking Group is looking to ditch its wealth tie-up with Schroders and take control of the six-year old unit. The FTSE 100 titan is poised to buy out Schroders’ 49.9 per cent stake in Schroders Personal Wealth (SPW). The transaction would hand full control over to Lloyds as the bank sets out to expand [...]
Tesla breaks sales record but European slump persists October 2, 2025 Tesla delivered nearly half a million vehicles in the third quarter, a record for the electric carmaker, even as it continued to lose ground in Europe to Chinese and European rivals. Elon Musk’s car giant exported 497,099 vehicles between July and September 2025, up 29 per cent on the previous quarter and seven per cent [...]
Gold to glitter past $4,000 after year of political jitters October 2, 2025 In a year defined by geopolitical turmoil, gold has not stopped glittering. The yellow metal started the year near $2669 and has since soared to $3900 – a rise of over 45 per cent. The asset now looks set to cross the $4,000 landmark for the first time with the latest rally triggered by the [...]
Retail investors put increasing trust in AI to build their portfolio October 2, 2025 UK retail investors are putting increasing amounts of trust in AI tools to build their investment portfolio, believing it is able to make more informed decisions. According to the latest report from investment platform eToro, the number of investors using AI tools has increased by 45 per cent over the last year. Of the investors [...]