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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Easyjet rebuked over ‘misleading’ £5.99 cabin bag deal

January 28, 2026

Easyjet has been warned by the advertising watchdog over a “misleading” tab on its website which suggested that passengers could get a large cabin bag ‘from £5.99’. The Advertising Standards Agency (ASA) said it had not seen “sufficient evidence” that it was possible to book large cabin bags at this price across a range of [...]
Bailey warns of ‘urgent need’ to improve resilience in non-bank finance

January 28, 2026

The Governor of the Bank of England has warned of an “urgent need” to improve the resilience of the sprawling network of financial firms lending beyond the traditional banking sector. Andrew Bailey said that the financial sector was significantly more robust than it had been before the financial crisis, but warned that regulators still faced [...]
Fintech growth sparks London hiring spree

January 28, 2026

Fintech firms drove a hefty increase in hiring in the financial sector last year, a new report from City recruiter Morgan McKinley shows. Across the financial sector, the number of listed vacancies rose 13 per cent compared to the previous year despite continued inflationary pressures and lingering economic uncertainty. Fintech hiring surged 29 per cent [...]
Sterling surges to highest in four years amid dollar weakness

January 27, 2026

Sterling touched its highest level against the dollar in four years on Tuesday as selling pressure on the greenback intensified. The pound was trading at $1.376, its highest level since 2021, while the euro also rose to multi-year highs on Tuesday afternoon, continuing a poor run for the dollar. In January alone the dollar index [...]
Loveholidays eyes £1bn London IPO as soon as March

January 27, 2026

London’s public markets could be set for a blockbuster £1bn spring listing from one of Britain’s largest online travel agents, giving the bourse welcome momentum in the new year after a strong end to 2025. Loveholidays’ private equity owners, Livingbridge, has reportedly added Investec to its roster of banks preparing to launch a listing. According [...]
Dr Martens shares take a kicking after demand falls

January 27, 2026

Shares in Dr Martens slumped 13 per cent on Tuesday morning after the firm reported a drop in sales over the golden quarter, amid investor concern at its ongoing strategic “pivot”. Revenue at the bootmaker fell 2.7 per cent to £253m in the three months to the end of December, largely due to weakness in [...]
Save billions by reforming ‘unsustainable’ public sector pensions

January 26, 2026

Moving new public sector employees onto defined contribution (DC) pension schemes could save taxpayers £37bn a year in the long run, a new report has found. The report, produced by Policy Exchange, argues that moving public sector workers onto a DC scheme would also send an “important signal” to the bond market that the government [...]
Investors on alert after Japanese market jitters

January 26, 2026

Japan continued to preoccupy traders at the start of the week after the country’s prime minister suggested that the government was ready to support the yen, pushing the currency up to its strongest level against the dollar in two months following market turbulence that has been described as a “Liz Truss-lite moment”. The yen marked [...]
Hundreds of hospitality firms close as cost pressures take toll

January 26, 2026

The “relentless” increase in operating costs put hospitality businesses under increasing pressure in the final quarter of last year, industry figures suggest. According to consumer intelligence firm NIQ, there were 382 fewer licensed premises at the end of December than there were three months prior, equivalent to four closures per day. Casual dining sites and [...]
London, Oxford and Cambridge suffer steepest housing cost burden

January 26, 2026

Londoners spend more on rent and housing than anywhere else in the country, according to a new report which highlights the economic cost of the capital’s housing crisis. The research found that residents of London spend 19 per cent of their outgoings on housing on average, although it noted that many renters and young homeowners [...]

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By: Chris Dorrell

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