Legacy banks must ‘radically modernise’ or lose to fintech stars, says former Barclays boss January 1, 2026 A decade ago, Antony Jenkins was ousted from his role as chief executive of Barclays and months later warned the banking sector was reaching an “Uber moment”. Jenkins declared technology would be an “unstoppable force” in the banking sector and could lead to hundreds of branch closures and potentially slash the industry’s workforce by half. [...]
City AM’s 10 stock picks for 2026 January 1, 2026 2025 was a rollercoaster year for the stock market. Equity indices fell off a cliff in April when the unveiling of US president Donald Trump’s “Liberation Day” tariffs spooked investors and triggered a widespread sell-off. They have since made a strong recovery, helped along by enthusiasm for the innovative potential of AI and the stocks [...]
Here’s one New Year’s resolution worth trying: Becoming a billionaire January 1, 2026 A new year has rolled around again – a time for many to put their thinking caps on and set some life goals. A gym membership is one of the most popular resolutions, but is also one of the worst-kept (ask a gym manager how busy Februaries are compared to Januaries). For the less active [...]
The Magnificent 7 in 2025 – and the survival of the richest December 31, 2025 In the spirit of end-of-year round-ups, it is worth scrutinising the fortunes of the so-called Magnificent Seven: Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla and their dominance of global equity markets, which shows no signs of abating. Yet 2025 was a year that highlighted both the extraordinary influence and the vulnerabilities of these mega-cap [...]
The winners and losers of the FTSE 100’s record year December 31, 2025 In what has been a record year for the FTSE 100, a number of London’s blue-chips missed out on the rally and were left in the dark. The FTSE 100 is poised to close 2025 just shy of the 10,000 mark after rising 20 per cent over the course of the year, led by strong [...]
Britain lost one pub a day in 2025 December 31, 2025 One pub a day closed its doors in 2025 as businesses were forced to battle mounting cost pressures and an increasingly heavy tax burden. Fresh analysis from global tax firm Ryan showed 366 pubs were demolished or converted for other uses in the last 12 months. Since 2020, nearly 2,000 pubs have closed for good, [...]
IMG’s three sports sponsorship trends to watch in 2026 December 31, 2025 Look out for higher demands on AI, more prediction markets and greater sophistication in women’s sport sponsorships next year, says IMG partnerships expert Sam Galet. As we close out 2025 and look ahead to 2026, the sports business landscape is once again at an inflection point. Rightsholders, brands and agencies are all asking the same [...]
Brits increasingly turning to ChatGPT for investment advice December 31, 2025 Far more UK savers are now turning to tools such as ChatGPT to help make investment decisions, new research shows. A survey of 1,000 adults by STRAT7 found that 55 per cent have used AI-powered platforms for financial guidance over the past year. On average, each user has invested around £2,350. City AM reported in [...]
The top 20 sporting events by bets placed in 2025, according to Entain December 31, 2025 Betting behemoth Entain has revealed the sporting events punters bet on the most during 2025. The iconic Grand National, run at Aintree, maintained its top spot but the number of footballing events in the top 50 fell slightly, largely down to 2025 being a year without a major men’s tournament. The Grand National was joined [...]
FTSE 100 ends record year with close just below 10,000 December 31, 2025 The FTSE 100 closed just below the record 10,000 in the final trading session of the year on Wednesday after a last-minute surge fizzled out. After a record-breaking 41 new all-time highs this year, the index ended 2025 up 20.2 per cent at 9,931. At the beginning of trading, it looked as if the index [...]