Healey’s adviser warns ‘you won’t grow the economy just by spending more’ September 3, 2026 John Healey’s entrepreneurship adviser has warned that growth cannot be achieved by government spending and policy announcements, in a rebuke to the Chancellor and Andy Burnham as they draw up their first budget. Alexandra Depledge, the founder of property start-up Resi, who has been reappointed as entrepreneurship adviser to the Chancellor, wrote on Linkedin that [...]
‘We’d love an apprentice – but the government has made it too expensive’ August 26, 2026 Small companies around Britain are facing a cost of business crisis. Bowers & Jones, an award-winning manufacturing firm, tells City AM that changes to the minimum wage have priced it out of employing apprentices. When Jane Somerville led a management buyout of her manufacturing firm and shifted its entire factory across the West Midlands in [...]
Thames Water creditors eye board shake-up if takeover plan succeeds August 24, 2026 The group of creditors vying to take control of Thames Water has said it will appoint the former bosses of Yorkshire Water and BT Openreach to the utility’s board should it succeed in fending off nationalisation by the government. The London & Valley Water (L&VW) consortium, which includes heavyweight investors including Apollo and Elliott, has [...]
Citi chief’s cowed Trump comments reveal corporate America’s tightrope August 6, 2026 Citi has become a favourite of President Trump during his second term. Chief executive Dame Jane Fraser’s comments in London yesterday may show why, writes Charlie Conchie I sat across the table from Citi’s boss Dame Jane Fraser yesterday as she delivered a blistering warning to Andy Burnham and the new Labour government. For an [...]
Tritax Big Box taps investors for £350m London data centre splurge August 5, 2026 Listed real estate investor Tritax Big Box has revealed plans to raise £350m through a new share issue to pump into the construction of London data centres. The FTSE 100 company told investors it had nearly doubled its pipeline of grid connection agreements to 507 megawatts and would use the fresh funding to “unlock the [...]
Citi boss fires warning at government over banking tax August 5, 2026 The boss of Citigroup has warned the government that “money votes with its feet” and there are “very viable” alternatives to London should Andy Burnham decide to hit the banking sector with higher taxes. Dame Jane Fraser, a Scot credited with turning around the third largest bank in the US, said she was “concerned” at [...]
Exclusive: Blackstone set to back AI ‘droid’ firm at $3.5bn valuation August 4, 2026 Blackstone is weighing a fresh funding injection for Nvidia-backed artificial intelligence firm Factory in a deal likely to value the coding company at more than $3.5bn, City AM has learned. The New York-headquartered investment giant, which has been ploughing cash into AI firms and digital infrastructure in recent years, is considering the investment as part [...]
Defence drilling firm tools up for London IPO July 27, 2026 Aerospace drilling company Tek4 is gearing up for an initial public offering in London, City AM can reveal, in a boost to the London Stock Exchange as it looks to tempt more defence firms to market. The Leicestershire-based company, which counts Rolls-Royce and GE among its customers, is looking to raise £20m through a listing [...]
Easyjet shares crash on fears of EU probe July 22, 2026 Shares in Easyjet plummeted on Wednesday after reports the European Union was preparing a probe into the ownership of airlines, potentially complicating the carrier’s mooted takeover by Apollo. The London-listed budget airline said this month it was likely to accept an all-cash offer from the US investment behemoth, trumping an earlier bid from another US [...]
Thames Water creditors offer government ‘golden share’ to fend off nationalisation July 21, 2026 The group of creditors vying to take control of Thames Water has said it is willing to grant the government a “golden share” in the company and offer local governments oversight of its operations as it looks to fend off nationalisation by Andy Burnham. In a statement today, London & Valley Water (L&VW), a group [...]
