Former BT boss in advanced talks to be next chairman of Heathrow October 18, 2025 The former BT Group chief Philip Jansen is lined up to be the next chairman of Heathrow Airport as it prepares to deliver a nearly £50bn expansion. Jansen, is in advanced talk with the board and shareholders of the UK’s largest aviation hub about taking on the role, according to Sky News. Sources said an [...]
Reeves seeks to boost UK share ownership in ISA overhaul October 18, 2025 Chancellor Rachel Reeves is looking to boost UK share ownership as part of her plans to overhaul ISAs, with potential measures including a minimum holding of British companies and a stamp duty tax break. The move is an evolution of the previously scrapped Conservative plan to create a ‘Brit ISA’ and comes as Reeves searches [...]
Conservatives will attempt to block Chagos deal over China spying fears October 18, 2025 Conservative MPs will launch a last-ditch attempt to block the Chagos Islands deal next week due to fears it will be used by China to spy on the UK. First reported in the Telegraph, the Tories plan to force a vote in Parliament over whether to effectively end the deal by holding up payments to [...]
FTSE suffers worst day since April amid credit market jitters October 17, 2025 The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]
Rachel Reeves gears up for £1bn savings in Motability October 17, 2025 Rachel Reeves is reportedly planning a £1bn savings package through cuts to the Motability scheme offered to disabled people. As part of a drive to plug a £30bn hole in the public purse, the Chancellor is considering reducing the number of BMWs and Mercedes some disability claimants can access through the Motability scheme, which is [...]
India must let Pakistan compete if they host Commonwealth Games October 17, 2025 India will need to open its doors to athletes from Pakistan if Ahmedabad wins its bid to stage the 2030 Commonwealth Games, City AM can reveal. Amdavad, or Ahmedabad, has been recommended by the Executive Board of Commonwealth Sport as hosts of the 2030 Commonwealth Games, signifying some stability to a quadrennial games that has [...]
Sadiq Khan to blame for slump in London housing starts, think tank says October 17, 2025 Sadiq Khan is to blame for a dearth in housebuilding in London, a leading think tank has warned, as new construction projects slumped to their lowest level seen in years. A perfect storm of challenging macroeconomic conditions, needlessly stringent regulation and a sluggish planning process has helped push construction rates down to just 4,170 housing [...]
I went to the Grand Sumo Tournament in London and it blew me away October 17, 2025 A Grand Sumo Tournament left Japan for the first time since 1991 and in London it has seemingly found its home. Here’s what I thought of it all. One of London’s greatest surprises will always be turning off Prince Consort Road, just as you reach the Royal College of Music, and being greeted by the [...]
Flagship government bill risks ‘rent control through the back door’ October 17, 2025 Labour’s flagship Renters’ Rights Bill introduces new rules on rent reviews which risk alienating landlords and causing a sell-up in the sector, experts say. The bill will allow tenants to challenge the agreed tenancy rent in the first six months of a tenancy or any new rent proposed by a landlord. There’s “no risk to [...]
Investec added to Snow Polo World Cup sponsorship stable October 17, 2025 International bank Investec has been added to the sponsorship stable of the Snow Polo World Cup, the City stalwart has announced. The Gresham Street-based Anglo-South African international banking and wealth management group were announced as a new team sponsor alongside Standing Rock, having been involved in the 2025 edition. The St. Moritz snow polo event [...]