Greggs shares tumble as baker gets burnt by flaky economy January 8, 2026 Shares in Greggs took a tumble on Thursday morning after “disappointing” sales growth from a subdued economy left investors with little to cheer for. The chain’s total sales in the golden quarter rose 7.4 per cent as it opened 207 new shops in the last 12 months leading to a net gain of 121 new [...]
House prices expected to rise in 2026 after December dip January 8, 2026 UK house prices slipped slightly in December, as affordability issues and the fallout from the Autumn Budget dampened buyer appetite, but industry figures expect the market to pick up in 2026. House prices fell 0.6 per cent in the final month of 2025, bringing prices down by a further £1,789, following a 0.1 per cent [...]
Rent control law to ‘knock £11bn’ off commercial property January 8, 2026 New legislation introducing rent controls could lead to £11bn being stripped from commercial property values, fresh analysis has shown, in the latest blow to the confidence for investors. The government is proposing a ban on upward-only rent hikes on commercial property in a bid to support small businesses with costs. The proposed ban can be [...]
Mark Kleinman: What’s in store for the Square Mile in 2026? January 8, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]
Starmer summons business chiefs to join China trip January 7, 2026 Downing Street officials are asking business leaders to join Keir Starmer on a visit to China later this month, it has been reported, amid tensions over the approval of its mega embassy near the City of London. The government is still looking to gather new business representatives to accompany Starmer to Beijing despite some concerns [...]
London Luton Airport says investment at risk due to Labour’s taxes January 7, 2026 A £2.5bn proposal to expand one of London’s top airports is facing fresh challenges amid rising tax burdens, as the aviation sector feels the pain of Rachel Reeves’ business rates raid. The owner of Luton Airport, Labour-run Luton Council, had put together plans to build a new terminal and increase capacity from 18m to 32m [...]
Majestic Wine blames Reeves’ tax hikes as profit slashed January 7, 2026 Majestic Wine has blamed Rachel Reeves and her tax policies for its profit almost slashing in half during its latest financial year. The Watford-based business said the “economic environment became more challenging” during the 12 months to 31 March, 2025, especially after the general election and the Chancellor’s first Budget. The chain added that these [...]
Starmer risks killing the great British pub January 7, 2026 Everyone has a favourite pub. It might be one you go back to on holiday or it could be at the end of your road. It could be a stone’s throw from the office (City AM is blessed in this regard) or one that’s still going from your uni years. The City AM Toast Awards [...]
Angela Rayner in Downing Street tops banker fears January 7, 2026 Angela Rayner taking to Downing Street poses one of the top risks to the banking sector heading into 2026, top analysts have warned. The former Deputy Prime Minister and darling of the Labour left is among names tipped to take the top job as Sir Keir Starmer fights to save his premiership amid all-time favourability [...]
British savers are moving further away from financial security January 6, 2026 The average UK adult is thousands of pounds away from feeling financially secure, as more people struggle to bolster their savings. British adults are more than £16,000 away from achieving their financial ‘safety net’, according to analysis from money app Plum. Savers believe they need roughly £40,300 in their savings in order to quash their [...]