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By: City AM reporter

All 619 Articles
  • Government pledges ‘whatever it takes’ to get Britain building

    September 27, 2025

    The construction of three new towns will begin before the next election, the Housing Secretary will pledge at Labour’s party conference. The Government will “do whatever it takes to get Britain building”, Steve Reed is expected to tell Labour members on the opening day of the party’s annual gathering in Liverpool. Work on 12 new [...]

  • Harrods’ customer details stolen in IT breach

    September 27, 2025

    Harrods has warned some customers that their personal data may have been taken in an IT systems breach. The luxury Knightsbridge department store said information, such as names and contact details, of its e-commerce customers was taken after one of its third-party provider systems was compromised. In a statement, Harrods said: “We have been notified [...]

  • Starmer: Reform is an ‘enemy’ of the country

    September 27, 2025

    Sir Keir Starmer has vowed to take the fight to Reform UK, who he described as an “enemy” of the country, ahead of the Labour Party conference this weekend. Chancellor Rachel Reeves has, meanwhile, said she wants to sign an “ambitious” new youth migration scheme with the EU, which she claimed would reduce the need [...]

  • Oasis fans’ supersonic spending tops Swifties in economic boom

    September 26, 2025

    Oasis fans have topped the economic boost of Taylor Swift, with spending reaching over £5m at their first Wembley concert this year. The ‘Gallaghernomics’, as dubbed by Lloyds in their Market Intelligence analysis, have surpassed ‘Swiftonomics’ by 38 percent. The Oasis concert on 25 July 2025 generated £5.1m revenue in Wembley and within a one-mile [...]

  • City Giving Day brings philanthropic flair to the Square Mile

    September 25, 2025

    The City of London swapped suits for spandex, bells, and bingo this week as City Giving Day rolled out across the Square Mile. The annual celebration, now a cornerstone of The Lord Mayor’s Appeal, saw hundreds of firms and thousands of participants engage in activities that blended philanthropy with light-hearted competition. The Lord Mayor launched [...]

  • Businesses face ‘unprecedented’ political risk ahead of Budget

    September 23, 2025

    UK business leaders are battling an “unprecedented scale” of simmering global tensions which are set to impact profitability, according to a new survey. Concerns have spiked from the beginning of the year, a fresh survey from Beazley has concluded, with 85 per cent of UK business leaders saying political risk is affecting their profitability. This [...]

  • Government approves £2.2bn Gatwick second runway

    September 22, 2025

    Gatwick Airport’s £2.2 billion second runway plan could create thousands of jobs and help “kickstart the economy”, Rachel Reeves said. In the privately-financed project, the West Sussex airport will move its emergency runway 12 metres north, enabling it to be used for departures of narrow-bodied planes such as Airbus A320s and Boeing 737s. This will [...]

  • KPMG: UK taxes to rise steadily to combat mounting public spending pressures

    September 22, 2025

    The UK government faces tough tax choices in the years ahead with mounting public spending pressures versus sluggish economic growth, according to new forecasts. Economists for KPMG said it had been an unexpectedly strong start to 2025 but the second half was looking more uncertain. The accountancy giant is forecasting UK gross domestic product (GDP) [...]

  • Oxford Street one-day traffic ban is start of ‘fight to rescue street’, mayor says

    September 21, 2025

    The mayor of London has said a one-day trial banning traffic from part of Oxford Street marks “the day the fight back began to rescue this street”. Sir Sadiq Khan visited the street, where vehicles were prohibited from accessing a half-mile stretch of the road from Oxford Circus to Orchard Street between noon and 8pm [...]

  • Co-op expected to reveal financial hit from cyber attack

    September 21, 2025

    The Co-operative Group is expected to shed light on the impact of a damaging cyber attack in its first financial update since being targeted by hackers. Shoppers were faced with empty shelves and issues with payments during the fallout from the cyber incident in April, as a raft of retailers were hit. On Thursday, the [...]

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