Midday Markets: The one tax you could bank on Analysis The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon, chews over the government’s plans for a windfall tax on banks. Sign up to the City AM News Updates newsletter here. It was, in [...]
Battersea Power Station nears completion with £280m new loan Property The developers behind Battersea Power Station have secured a new £280m refinancing as the £5bn regeneration project nears its final stage. The Battersea Power Station Development Company secured the new loan from the group of lenders which have backed the project since it began in 2012, including London-listed Standard Chartered, Malaysian bank CIMB, Singaporean financial [...]
Lloyds CMO: Uncertainty is the price of an interesting career Opinion We dig into the memory bank of the City's great and good. Today, Suresh Balaji, chief marketing office at Lloyds, takes us through his career.
Haigh and Healey to host business chiefs in Downing Street September 14, 2026 Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]
Liverpool in record £300m deal as Turkish Airlines replaces Standard Chartered September 8, 2026 Liverpool will replace Standard Chartered as their front-of-shirt partner next season after agreeing a record £300m deal with Turkish Airlines. The flagbearer, already a sponsor of the Uefa Champions League, will pay £60m per season as part of a five-year deal beginning in 2027 in what is being reported as the biggest front-of-shirt deal in [...]
Who sponsors the 20 Premier League clubs after gambling ban? August 22, 2026 The Premier League is underway and you may have noticed a lack of shirts featuring gambling and casino brands. That’s not because they’ve been banned outright, but because the 20 Premier League clubs agreed to a voluntary removal of the sector from the coveted front-of-shirt advertising space. It has meant a mad rush for those [...]
As it happened: Stocks reach all-time high; US fires back at ‘surprise’ Iran attacks July 29, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Wednesday and the UK’s blue-chip index surged in early trading to reach an all-time high, brushing off the latest outbreak of attacks in the Middle East. The FTSE 100 hit 10,945 on the market open, eclipsing the previous intraday record of 10,934, achieved in February on the [...]
Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia June 23, 2026 Software giant Oracle axed around 21,000 roles in the last year as the US tech giant turbocharged its AI adoption plans – even as markets continue to question the rapid acceleration of the tech boom. The computing firm – which is listed on the New York Stock Exchange – said in its annual report the [...]
From mild to wild: What impact will AI have on banking jobs? June 10, 2026 Top banking bosses have issued their AI verdict after Standard Chartered stunned the sector with plans for sweeping job cuts last month. In this week’s column Samuel Norman looks at whether a reckoning could be on the horizon. The big-name banker must have known how the conversation would go when he arrived for lunch with [...]
‘Delighted to be wrong’ – Sam Altman changes tune on AI job apocalypse fears May 26, 2026 OpenAI boss Sam Altman has softened his warnings over AI wiping out white-collar work, saying the feared “jobs apocalypse” has so far failed to materialise despite the tech rapidly reshaping business decisions and operations. Speaking on Tuesday, Altman admitted he had expected AI to eliminate far more entry-level office jobs by now following the launch [...]