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By: City AM reporter

All 627 Articles
  • Firefighters tackle blaze at BBC’s former HQ Television Centre

    September 6, 2025

    Dozens of firefighters are battling a blaze at the old BBC Television Centre in London’s White City. The London Fire Brigade (LFB) said about 100 firefighters and 15 fire engines had been called to the nine-storey building on Wood Lane. Photos from the scene show crews at the Helios Building at the BBC’s former headquarters, [...]

  • Local shops axe jobs and cut investment amid surging costs

    September 1, 2025

    UK convenience stores have cuts 2,000 jobs over an “extremely challenging year” after coming under pressure from soaring labour costs and fierce competition from supermarkets. The Association of Convenience Stores (ACS) warned that pessimistic consumers and increased costs for retailers are therefore putting the UK’s 50,000 local shops under pressure, resulting in weaker investment and [...]

  • Change windfall tax to make £137bn by 2050, Chancellor told

    September 1, 2025

    Chancellor Rachel Reeves has been urged to reform the windfall tax in a move that could boost the economy by £137bn by 2050. Ahead of the start of its conference in Aberdeen this week, trade body Offshore Energy UK (OEUK) released a report claiming replacing the energy profits levy next year with a profits-based mechanism [...]

  • Large firms liable for fraud happening under their watch under new UK laws

    September 1, 2025

    Businesses could be prosecuted if they profit from fraud committed by one of their employees even if managers do not know about it, under new UK laws. The new “failure to prevent fraud” offence, which came into effect on Monday, holds large firms to account over their internal anti-fraud measures. It says that businesses can [...]

  • Royal Mail owner set to return to profit in first figures since £3.6bn takeover

    August 31, 2025

    The owner of Royal Mail is expected to show a return to annual earnings on Monday in the firm’s first set of results since the completion of its £3.6bn takeover by Czech billionaire Daniel Kretinsky. International Distribution Services (IDS) will post figures for the 12 months to 31 March after a milestone year for the [...]

  • Tube strikes force Coldplay to reschedule final two Wembley concerts

    August 30, 2025

    Coldplay have rescheduled the final two dates of their 10-show run at Wembley Stadium due to strikes on the London Underground. The Chris Martin-fronted band said the strikes, which will see Rail, Maritime And Transport (RMT) union members on the Tube take industrial action at different times from September 5 for seven days, had made [...]

  • Ministers brace for fresh protests and legal battles after asylum hotel ruling

    August 30, 2025

    Keir Starmer has been warned by a Labour grandee that voters will continue to shift to Reform UK unless decisive action is taken to address the migrants crisis. The government won a Court of Appeal challenge against an an injunction which would have seen asylum seekers moved out of the Bell Hotel, Epping, but ministers [...]

  • Conservatives call for ethics probe into Angela Rayner’s tax affairs

    August 30, 2025

    Deputy Prime Minister Angela Rayner should face an ethics inquiry over her tax affairs, the Conservatives have said. The Telegraph newspaper claimed that Rayner, who is also the Housing Secretary, saved £40,000 in stamp duty on a second home she bought in Hove for £800,000. This was because she removed her name from the deed [...]

  • Trump says he will fire Federal Reserve governor

    August 26, 2025

    President Donald Trump has said that he is firing Federal Reserve governor Lisa Cook. The unprecedented move would constitute a sharp escalation in his battle to exert greater control over what has long been considered a financial institution independent from day-to-day politics. Mr Trump said in a letter posted on his Truth Social platform that [...]

  • Business rates ‘double whammy’ to cost English companies billions

    August 26, 2025

    Businesses in England are to face an “unavoidable double hit” to their property tax payments next year, which will see total payments surge by about £2.5bn, according to new figures. Analysis from global tax firm Ryan indicated that inflation and a government tax change will combine to drive up business rates bills further. Business rates [...]

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