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      ‘Exceptionally challenging’: Starling puts climate target under review

      Starling is predicted to ramp up its banking-as-a-service platform in a rebrand. (Image: Starling)

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      Former Red Bull boss Horner lands job at private equity fund targeting sport

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UK Government

  • Oxford Biomedica share prices jumps after takeover talks

    January 15, 2026

    Oxford Biomedica’s share price has rocketed in early morning trading after Swedish private equity firm EQT entered takeover talks for the gene and cell therapy group. Shares jumped 10.65 per cent to 889 pence, with shares rocketing 121.4 per cent over the past year. The FTSE 250 company said it has received an unsolicited approach [...]

  • Schroders shares smash two-year high after surge in new business

    January 15, 2026

    Wealth manager Schroders notched a two-year high on its stock price on Thursday morning after an influx of new business led to a major uptick in management fees. The FTSE 100 asset manager told markets it was expecting full-year operating profit to come in at £745m, up from £603m from the year prior. Shares rose [...]

  • Gary’s Economics predictions are unravelling

    January 15, 2026

    The new year is a great time to check whether past predictions have stood the test of time. So I revisited the forecasts of one of London’s better-known economic sooth-sayers, Gary Stevenson, known to you and me as Gary’s Economics thanks to his viral Youtube channel. Two years ago, almost to the day, Gary released [...]

  • FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

    January 15, 2026

    Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]

  • Forest swerves TfL’s e-scooter trial

    January 15, 2026

    Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week.  But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, City AM [...]

  • Defence splurge cannot fund planned expansion, military chief says

    January 14, 2026

    The Labour government’s commitment to increase defence expenditure to 2.5 per cent of GDP from next year will not fully fund the planned expansion of the armed forces, a top military official has warned.  Sir RIchard Knighton, chief of the defence staff, told MPs on Monday the rise in government funding would not be enough [...]

  • Divorced retirees more likely to rely on the state pension

    January 14, 2026

    Thousands more divorcees depend on the state pension compared to those in a marriage as the financial impact of separation continues to ripple into retirement across the UK. Nearly 70 per cent of divorcees rely on the state pension for their main source of income after leaving the workforce, compared to 45 per cent of [...]

  • Davos: Economic war is the ‘biggest global risk’

    January 14, 2026

    Trade wars and economic disputes between global powers are the biggest risk to the world over the next two years, business leaders, academics and government officials have said in a report ahead of the World Economic Forum’s Davos meeting.  Nearly a fifth of respondents in a survey (18 per cent) by the World Economic Forum [...]

  • ‘We’re turning the country around’: U-turns put pressure on defiant Starmer 

    January 14, 2026

    Keir Starmer attempted to justify a string of policy U-turns on everything from business rates to the mandatory digital ID, claiming the Labour government was “turning the country around”.  In an awkward Prime Minister’s Questions on Wednesday, opposition leader Kemi Badenoch grilled Starmer on recent U-turns, which prove tricky for MPs and strategists to explain [...]

  • Tories call Miliband’s latest offshore wind push ‘a vanity project’

    January 14, 2026

    Ed Miliband has reaffirmed the UK’s ambitious 2030 clean power goal with the biggest ever expansion of offshore wind farms that could add as much as £1.8bn a year onto households’ energy bills. The government unveiled an auction of offshore energy sites with a total capacity of 8.4 gigawatts, far outstripping analyst estimates and enough [...]

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