Construction sector delivers growth warning ahead of Budget November 26, 2025 The economic growth being promised by the government is in jeopardy unless the Budget delivers a boost for the construction industry, sector leaders have warned. Figures within the construction industry have said the delivery of key Labour infrastructure projects is at risk unless Rachel Reeves offers the “clarity and stability” needed by the sector to [...]
The future could still be golden for Amigo Loans shareholders November 26, 2025 It’s been a rough old ride for the shareholders of Amigo Loans. The company began life as a subprime, guarantor lender in 2005 and picked up a load of customers fast, helped along by its weird TV adverts featuring blue plasticine figurines. It listed on the London Stock Exchange in 2018 and the shares initially [...]
Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid November 26, 2025 Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]
Mercury13: Mata-backed women’s football group lines up Spanish club November 26, 2025 Juan Mata-backed investment group Mercury13 is in advanced negotiations about buying a stake in Spanish top-flight women’s club Levante Badalona. Mercury13, which bought FC Como Women in 2024 before investing in WSL2 club Bristol earlier this year, has pledged $100m to build a global portfolio of clubs, with Badalona earmarked to be its next investment. [...]
Budget Day: The good, the bad and the ugly November 26, 2025 It seems as if we’ve been speculating about the contents of today’s Budget since the moment Rachel Reeves sat down after delivering her first one, just over a year ago. Since then, unemployment has risen (every month) and growth rates have slumped quarter-to-quarter from 0.7 per cent to 0.3 per cent to 0.1 per cent. [...]
Rival Heathrow bidder vows to plough on despite proposal snub November 26, 2025 The hotel billionaire behind a rival bid to develop Heathrow’s third runway has vowed to continue his pursuit to oversee the expansion despite ministers favouring a proposal submitted by the hub’s current owner that involves rerouting the M25. Transport secretary Heidi Alexander confirmed on her decision to proceed with the £49bn vision from Heathrow Airport [...]
Shein’s former head of Europe relocates from London to Dubai November 26, 2025 The former head of Europe at e-commerce giant Shein has become the latest British executive to relocate to Dubai, City AM can reveal. Cui He, who was director of Europe at Shein from the beginning of 2023 until last month, according to her LinkedIn profile, has shifted her residency from London to the United Arab [...]
Bond market braces for gilt and sterling tremors November 26, 2025 Bond market participants are bracing for a fresh round of turbulence in the aftermath of Wednesday’s Budget, with investors rejigging their exposure to gilts having warned the Chancellor’s fiscal plans are “very much under the microscope”. Rachel Reeves is expected to use her second major fiscal shake-up mount a historic tax and spend consolidation in [...]
The Debate: Is pre-Budget speculation helpful? November 26, 2025 We want to write it, you want to read it, but is pre-Budget speculation actually helpful? We put two experts head to head.
Robert Jenrick leads pushback against David Lammy’s plans to scrap jury trials November 25, 2025 The justice secretary is facing accusations of hypocrisy over his proposed scrapping of jury trials, after his Tory opposite number Robert Jenrick said it was a system David Lammy once ‘proudly defended’ before coming to power. Jenrick stated, “Now [Lammy is] in office, he’s getting rid of them in virtually every case. “Scrapping this pillar [...]