Zilch leaning towards London IPO as UK fintech calls in bankers September 30, 2026 UK fintech Zilch is leaning towards a public debut on the London Stock Exchange as it kickstarts plans for a potential $2bn listing as soon as next year. The payments firm, founded in London in 2018, views London as the favoured venue for a listing, likely to take place in the second half of 2027 [...]
Burnham on Brexit: ‘Customs union, single market – or we could go all the way’ September 30, 2026 Andy Burnham has confirmed he is open to reversing Brexit and could push for Britain to rejoin the European Union after the next election, as he said all options are “on the table” for Britain’s future relationship with the bloc. The Prime Minister said on Wednesday Morning: “There are clearly options that need to be [...]
As it happened: FTSE 100 gives up gains as oil rises despite emergency release; UK GDP revised September 30, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
Revolut and Nubank want to make neobanking their world September 30, 2026 Nubank’s takeover talks with Monzo shocked the City. In this week’s column, Samuel Norman takes a look at how and why a deal might emerge and the battle that lies ahead with Revolut. Around a decade ago, a handful of colourful plastic cards found their way into Brits’ wallets. Monzo was one of the first, [...]
Burnham opens door to rejoining EU as he rips into Brexit September 29, 2026 Andy Burnham said the forthcoming UK-EU summit will forge closer ties with the European bloc as he left the door open to a pledge to rejoin at the next election. The Prime Minister used his Labour party conference speech to tear into Brexit, claiming Britain had lost control of key areas such as immigration. He [...]
FTSE 100 bosses’ pay boom fails to bridge Wall Street gap September 29, 2026 Pay for FTSE 100 bosses ballooned over the last year as boards turned to share bonuses in a bid to catch up with the compensation offered by US giants. The median granted chief executive pay in London’s blue-chip index swelled 16 per cent to £6.1m, according to a report from Diligent Market Intelligence. Long-term incentives [...]
Astrazeneca invests $2bn in cancer drug tie-up September 29, 2026 Astrazeneca has invested $2bn in US pharmaceutical firm Summit Therapeutics as part of a blockbuster cancer research tie-up. The FTSE 100 drugs giant has agreed to buy 109,000 shares in Nasdaq-listed Summit for $18.36 per share as part of the deal. Shares in Astrazeneca jumped by 1.4 per cent to 12,664p in early trading. The tie-up [...]
As it happened: FTSE 100 and bonds jitter; Burnham says Britain must be ‘honest’ about public finances September 29, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
‘Uncharted territory’: UK economy facing shocks as diesel and borrowing costs surge September 28, 2026 The UK economy entered “uncharted territory” on Monday battling an assortment of financial pressures as fears intensified ahead of the next Budget. Diesel costs surged to a record high of 199.18p per litre marking the latest energy shock on the UK economy. Stations were registered as charging 199.18p per litre, according to the RAC. The [...]
Chrysalis sells off Klarna stake for £34m after stock plunge September 28, 2026 Chrysalis Investments has sold off its remaining stake in buy now, pay later firm Klarna following a bruising plunge in the fintech’s value over the last year. The British investment trust said on Monday it had offloaded its remaining holdings in the Swedish company for £34m, which followed on from a £6m sale in July. [...]