By: Chris Dorrell

Chris Dorrell is a freelance journalist and City AM contributor. He was previously City AM's banking and then economics reporter. When Chris is not breaking news, he can often be found playing with his band Totally Amorphous.

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Liverpool Street redevelopment tipped to get green light

Transport & Infrastructure

The controversial redevelopment of Liverpool Street station has been tipped for approval despite receiving thousands of objections. Planning officers at the City of London Corporation recognised that the plans would cause harm to a number of heritage assets, including the station itself, but said the issues were “clearly and convincingly justified” given the wider benefits [...]
Nick Train’s Finsbury fund slides further as AI triggers jitters

Markets

Nick Train’s Finsbury Growth and Income Trust (FGIT) has endured another torrid few days after being caught up in the sell-off in data and software stocks. The trust is heavily exposed to London’s leading listed software companies, all of which have faced heavy pressure since the launch of Anthropic’s legal productivity tool on Monday. At [...]
Watchdog warns on ‘fire sale dynamics’ risk in repo market

Markets

The global financial watchdog has urged regulators to cast a closer eye over the ways in which leveraged trades in the short-term repo market could amplify financial stability risks worldwide. Regulators at the Financial Stability Board (FSB) are particularly concerned that leveraged investors might be forced to dump their assets in the event of a [...]

Service sector sees longest run of job losses in 16 years

February 4, 2026

A new survey suggests that the UK service sector has endured its longest sustained period of job losses in 16 years, despite rising business activity at the start of the year. Employment in the service sector has decreased in each month since October 2024, according to S&P’s purchasing managers’ index (PMI), with the pace of [...]
Gold meltdown takes shine off speculative rally

February 2, 2026

The 12th Century theologian Alain de Lille could be forgiven a chortle on his heavenly cloud after witnessing the latest rollercoaster in gold prices. “Do not hold everything gold that shines like gold,” he warned over 800 years ago, a warning that many traders failed to heed in the latest speculative rally. Last Thursday the [...]
GDP set to soften in 2026 as tax hikes bite

February 2, 2026

The UK is set for another year of soggy growth, according to new forecasts from EY, with the government’s tax hikes and ongoing worries about a global trade war hamstringing momentum. The Big Four firm predicted that GDP would rise 0.9 per cent in 2026, slower than the 1.4 per cent recorded last year, as [...]
Salons could ‘pull down shutters for good’ as business rates bite

February 2, 2026

The British Beauty Council has urged the government to extend support on business rates to hair and beauty salons, or watch firms up and down the country “pull down their shutters for good”. Victoria Brownlie, chief policy and sustainability officer at the British Beauty Council, warned that the profitability of beauty salons has been “hollowed [...]
Trump declares ‘America is back!’ as US markets touch record highs

January 28, 2026

Renewed AI-hype helped the S&P 500 break through the 7,000 mark for the first time ever on Wednesday, while the dollar clawed back some ground after a bruising few weeks. Equities soon pared their gains, falling below the 7,000 benchmark a few hours after the opening bell, and the S&P 500 had swung back into [...]
Podcast group Goalhanger nets US investor backing

January 28, 2026

US-based investment firm The Chernin Group (TCG) has taken a minority stake in Gary Lineker’s Goalhanger Podcasts, becoming the first outside investor in the podcasting giant. The investment will support Goalhanger’s “next phase of growth”, which includes accelerating its expansion into the US and developing new IP from its hit shows. The transaction was completed [...]
TfL wants to create a publicly owned bus company for London

January 28, 2026

Transport for London (TfL) is working on plans to create a publicly owned bus company to compete against private operators in the capital. In its draft business plan, detailing investment priorities for the rest of the decade, TfL said “we will develop detailed proposals for a new publicly owned bus company”. “We will assess how [...]

UK construction ‘exits tailspin’ but job losses persist as housebuilding slumps

Exclusive: Welsh Rugby Union risks £4m hit as 55,000 Six Nations tickets unsold

How to look fabulous on your ski holiday (and save thousands)

By: Chris Dorrell

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