Housebuilder shares rocket after Burnham revives Help to Buy September 28, 2026 Housebuilder shares have soared after the Prime Minister announced a new Help to Buy scheme, which it is hoped will boost the UK’s construction sector. FTSE 100 housebuilders Persimmon and Barratt Redrow jumped 15 and 13 per cent in early trading, lifting the blue-chip index to early gains. FTSE 250-listed Vistry took the biggest jump [...]
Ofcom blocks ‘unfair’ Openreach pricing scheme September 28, 2026 The communications regulator has blocked Openreach’s new pricing scheme, arguing the proposed charges were “unfair” and granted it an unfair advantage over competitors. Ofcom has ordered Openreach, a fibre broadband network, to withdraw its ‘Incremental New to Openreach Offer’. The offer would have provided internet service providers (ISPs) a monthly discount for bringing new full-fibre [...]
As it happened: FTSE 100 rises but energy shock looms; Healey says government debt an ‘affront to Labour values’ September 28, 2026 Welcome back to the City AM FTSE 100 liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. The main event of the day will be Chancellor John Healey’s speech at Labour conference in Liverpool. Here’s a look at some [...]
London to make up ‘more than half’ of new UK banking jobs September 28, 2026 London will make up more than half of all new banking jobs in the UK, new data has indicated, as the likes of JP Morgan and Barclays are set to bring a recovery in hiring levels. Data compiled by the recruitment firm Morgan McKinley has suggested that UK banking vacancies are set to rise by [...]
The City’s contribution cannot be taken for granted September 28, 2026 Growth in London or the regions is not a zero-sum game. The success of the City is good for the whole country, writes Chris Hayward.
Chancellor’s ‘new age of industrialisation’ claim raises eyebrows in the City September 28, 2026 Chancellor John Healey will make upgrades to the Royal Navy central to his flagship speech at the Labour Party conference on Tuesday as he promised a “new age of industrialisation’. The former defence secretary has indicated that shipbuilding will make a key part of Andy Burnham’s pledge to revive Britain’s industrial base across the country. [...]
UK has ‘low capital gains tax rates’, Healey says September 27, 2026 The UK enjoys the lowest capital gains tax rate of any major European economy, Chancellor John Healey has said, raising the prospect of another hike at the Budget. Healey has said he wanted to improve the UK’s economic fortunes yet pointed to the UK’s competitiveness on capital taxes when speaking about business confidence. He told [...]
VW-backed car hire giant plunges to £43m loss as tax hikes bite September 25, 2026 One of the UK’s biggest car hire businesses has taken aim at government tax hikes after it plunged to a £43.2m loss. Europcar UK, which is backed by German carmaker VW, recorded a profit of £7m in 2024 but its fortunes went into reverse gear a year later amid rising costs and weak demand. Europcar [...]
Diesel ban: UK to be ‘even more exposed’ if Trump follows through on export threat September 25, 2026 After Trump announced a ban on exports of diesel, Mauricio Alencar explores how it could impact the UK economy. President Trump’s newest trade threat sent markets into a frenzy once again on Friday. Earlier this week, Trump said he would back Republican proposals to halt exports of diesel in order to ease prices ahead of [...]
Gary Lineker collects million-pound dividend after Goalhanger toasts £10m profit September 25, 2026 Gary Lineker has shared in a £5m dividend after Britain’s biggest independent podcast business toasted bumper profit. Lineker, a former England footballer and BBC presenter who co-founded Goalhanger and remains one of its largest shareholders, collected more than £1m of the payout after it reported rocketing membership numbers and pre-tax profit of £10m. The Kennington-based [...]