Reeves seeks to spark retail investor revolution July 15, 2025 High street banks Barclays and Lloyds will lead an advertising campaign to encourage more Brits into retail investing as part of a wider effort to get savers to boost the UK economy. In rallying calls to financial services, Chancellor Rachel Reeves has unveiled a campaign to encourage savers to invest in stocks and bonds, drawing [...]
Is it high time to buy in super-prime London? July 15, 2025 London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Rachel Reeves accelerates deregulation push in Leeds Reforms July 15, 2025 Rachel Reeves has laid out plans to “rewire” the financial services system in a deregulation push as part of her Leeds reforms package. The Chancellor said the plans will make the UK the number one destination for financial services businesses by 2035 as the government “doubles down on the UK’s global strengths”. The Leeds Reforms [...]
UK property bodies form build to rent alliance: ‘Planning reform is not enough’ July 15, 2025 The British Property Federation (BPF) and the Association for Rental Living (ARL) have formed an alliance to boost the struggling build-to-rent sector, arguing that planning reform alone won’t save construction. Trying to create a “single voice” for build to rent, the alliance aims to combat investor shyness by tackling current viability and delivery challenges as [...]
Brentford stake sale to value club at £400m July 15, 2025 The owner of Premier League club Brentford could offload up to 25 per cent of his holding in the Bees today in a deal that could value the London club at £400m. The wealthy businessman who ran Belron, owners of Autoglass, Gary Lubner, and the Kingsman and Kick-Ass Hollywood film-maker Matthew Vaughn are expected to [...]
Bank of England unveils shake up of financial crisis banking rules July 15, 2025 The Bank of England has unveiled a sweeping package of reforms aimed at easing the regulatory burden on smaller and mid-sized banks, marking a major shakeup of the post-financial crisis rulebook. The central bank’s changes include a one-year delay to key parts of the Basel 3.1 reforms – the UK’s version of international banking rules [...]
Mobico: National Express owner rises after tying up US school bus sale July 15, 2025 Shares in Mobico jumped on Tuesday after the owner of National Express closed a deal with private equity for its North American school bus business. The London-listed transport group announced the £457m sale to I Squared Capital back in March as it looked to cut costs and revitalise the business following a string of downbeat [...]
Minister says only ‘average incomes’ up to £39k safe from Reeves’ tax hikes July 15, 2025 A government minister has said that Labour will stick to its manifesto commitment not to raise personal taxes, at least for those on “average incomes” – earning up to £39,000. Successive ministers over multiple days of media rounds have been caught in an increasingly tangled mess of definitions of what it means to be “wealthy”, [...]
Zip World: Losses revealed ahead of £100m takeover July 15, 2025 Adventure park operator Zip World fell into the red before being acquired by a private equity firm in a deal worth £100m, it has been revealed. In January, City AM reported that the Wales-headquartered company had become the latest investment for Dolphin Capital. The firm currently runs eight sites in Wales, Manchester, Cumbria and London [...]
Manchester City to earn £1bn from new kit deal with Puma July 15, 2025 Manchester City are set to cash in on over £1bn from their new long-term kit deal with Puma, City AM understands. The German sportswear manufacturer first partnered with Manchester City in 2019 on a 10-year deal reportedly worth £650m across the decade. But this week’s renewal, which is understood to last for more than a [...]