Sadiq Khan ready to discuss ‘any credible proposal’ from West Ham for London Stadium September 24, 2026 Mayor Sadiq Khan has invited a bid from West Ham United to buy the London Stadium, saying he “would consider any credible proposal” to offload the publicly subsidised venue. Lord Khan also talked up “recent improvements” in relations between the East London club and the GLA-owned stadium operator – an apparent nod to the growing [...]
City law firm to rebrand after co-founder demands name be stripped September 24, 2026 The co-founder of a City-based law firm behind the largest group claim in UK history against mining giant BHP said he will file a cease-and-desist to have his name removed after the firm initiated legal action against its own clients in the claim. US disputes lawyer Harris Pogust, who co-founded Pogust Goodhead (formerly PGMBM) alongside [...]
Ministers back City skyscraper plans after Tower of London row September 24, 2026 Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status. Housing minister Matthew Pennycook said on Thursday he will withdraw his objections to [...]
Poundland owner could carve out Irish business in rush sale September 24, 2026 Poundland’s owners are considering selling off the discount retailer and its Irish branch, Dealz, in two separate transactions, City AM has learned. Gordon Brothers, which bought Poundland and Dealz only a year ago, is sounding out interest in the two retailers in hopes of completing a deal before the busy Christmas trading period. This process [...]
Beazley expands cyber cover for AI malfunctions and regulatory risks September 24, 2026 FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions. Speaking to City AM, the speciality insurer’s head of cyber risks, Alessandro Lezzi, said the move comes as the firm sees “AI changing the threat [...]
Lord’s Cricket Ground, West Ham, EY among creditors owed £190m by Brewdog September 24, 2026 Lord’s Cricket Club, West Ham United and Big Four accounting firm EY are among the big-name firms which are owed £190m by Brewdog. The craft beer firm collapsed earlier this year and its administrators have said that its unsecured creditors, who are owed £189.9m, will not be paid back. AlixPartners, Brewdog’s administrators, said there are [...]
Founders should not be ‘put off’ by inheritance tax, says Treasury minister September 24, 2026 A senior Treasury minister, while praising the state of the UK economy, has said entrepreneurs should not be “put off” by inheritance tax. Emma Reynolds, the chief secretary to the Treasury, on Thursday, at a visit to Numatic International, the makers of the Henry vacuum cleaner, said entrepreneurs should not be “put off” by the [...]
Tiktok to pay £12.7m UK child privacy fine despite disputing watchdog findings September 24, 2026 Tiktok will pay a £12.7m UK fine over its handling of children’s data after abandoning a three-year legal challenge, despite maintaining that it disagrees with the privacy watchdog’s findings. The social media giant has withdrawn its appeal against a penalty imposed by the Information Commissioner’s Office (ICO) in 2023, making the fine final. A Tiktok [...]
Why are women leaving the tech industry twice as fast as men? September 24, 2026 Women have the skills and ambition to stay in tech, but too many hurdles are forcing them out, writes Vanessa Vallely in today's Notebook
Healey plan to slash headroom would ‘not be received well’ by nervous bond market September 24, 2026 John Healey’s reported plans to slash the breathing space the government has before it breaks its spending rules would spark a negative bond market reaction and lead investors to question the country’s commitment to fiscal credibility. Bond traders told City AM that any attempt to significantly reduce its so-called fiscal headroom would leave the country [...]