OBR hands Rachel Reeves first damning pre-Budget report on UK economy October 3, 2025 The Office for Budget Responsibility (OBR) has handed Chancellor Rachel Reeves its first evaluation of the state of the UK economy and crippled public finances, setting policy discussions about likely £30bn tax rises and possible savings in motion. The OBR’s Budget Responsibility Committee, which consists of the economists Richard Hughes, David Miles and Tom Josephs, [...]
Allianz Stadium Twickenham can be hub for global overseas sport October 3, 2025 On Saturday Argentina and South Africa will play a regular season Rugby Championship match at Allianz Stadium in Twickenham. But this is not out of the ordinary for the capital; next month the Springboks will take on Japan at Wembley and an All Blacks XV will face the Barbarians in Brentford. Looking back, too, there [...]
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 [...]
Why did an AI Chatbot try to convince me Charlie Kirk was alive? October 2, 2025 On the day of Charlie Kirk’s funeral, the AI model Claude went full Colonel Kurtz on me, accusing me of spreading fake news and having a full-blown mental health crisis. In a piece of writing I had referenced the recent assassination of Charlie Kirk and asked Claude to check my grammar. It replied saying: “The Charlie Kirk reference needs clarification [...]
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 [...]