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By: City AM reporter

All 649 Articles
  • Environment Secretary pledges to halve sewage pollution by 2030

    July 19, 2025

    The Environment Secretary has pledged to cut sewage pollution from water companies in half by 2030 compared to 2024 levels. Steve Reed will announce the target as he speaks to the media on Sunday morning. The government said it marks the first time ministers have set a clear target on reducing sewage pollution to which [...]

  • Trump sues Wall Street Journal and Murdoch over reporting on Epstein ties

    July 19, 2025

    President Donald Trump filed a lawsuit on Friday against The Wall Street Journal and media mogul Rupert Murdoch, a day after the newspaper published a story reporting on ties to wealthy financier Jeffrey Epstein. The lawsuit was filed in federal court in Miami. It seeks at least $10bn (£7.4bn) in damages. Mr Trump promised a [...]

  • Hercules PLC looks to strategic expansion after strong first half

    July 17, 2025

    Hercules Site Services PLC, the innovative tech-enabled labour supplier for the UK infrastructure and construction sectors, has announced robust half-year results, trading in line with expectations. The second half is building momentum and will be underpinned by strategic acquisitions and a bold move into the power and energy sector.  For the six months of FY2025, [...]

  • Paragon Banking MD: ‘There’s a £500bn savings mountain sat in high street banks’

    July 17, 2025

    Each week, we dig into the memory bank of the City’s great and good. Today, Michael Helsby,managing director of strategic direction at Paragon Banking Group takes us through his career, and his reflections on the City, in Square Mile and Me What was your first job?  I left school at 16 to become an apprentice Electrical [...]

  • ‘Serious incident’ as plane crashes at London Southend Airport

    July 13, 2025

    A plane has been involved in a collision at Southend Airport, police said. In a statement, Essex Police said they remain on the scene of a “serious incident” and were alerted shortly before 4pm on Sunday to “reports of a collision involving one 12-metre plane”. Images posted on social media show a plume of fire [...]

  • Easyjet update in focus after flights cancelled due to French strikes

    July 13, 2025

    Easyjet will be looked to for any guidance on the impact of recent French air traffic control strikes when it updates on Thursday after it revealed hundreds of flights had to be cancelled. The group joined budget rival Ryanair in scrapping flights to and from France for two days in July due to the industrial action, [...]

  • Cash Isa limits set to be left untouched at next week’s Mansion House speech

    July 13, 2025

    Cash Isas will be left untouched at next week’s Mansion House speech, in a move that has been welcomed by savings experts. Speculation had been mounting that plans to cut the annual tax-free cash Isa allowance could be announced in Chancellor Rachel Reeves’s Mansion House speech on July 15. But the PA news agency understands [...]

  • Air India crash: Not easy to ‘accidentally’ cut off fuel switches

    July 12, 2025

    The fuel switches that were cut off before the Air India plane crash are the kind used on every flight, and designed so that this cannot easily “accidentally” happen, an aviation expert has said. The London-bound Boeing 787 Dreamliner crashed into a medical college shortly after taking off from Ahmedabad Airport on June 12, killing [...]

  • Lipton gets warning after ‘misleading’ posts suggest end of Peach Ice Tea

    July 9, 2025

    A string of social media posts from Lipton Ice Tea joking that the brand’s signature drink had been discontinued have been ruled misleading by the Advertising Standards Authority (ASA).  In March, the drinks brand claimed that their peach flavour would no longer be available to customers, posting an image of a Lipton can with white [...]

  • EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake

    July 8, 2025

    The Prime Minister has hailed investment by French energy giant EDF in the Sizewell C nuclear plant as “a vote of confidence in the UK as an investment destination”, though the company appears to be taking a reduced stake in the major project. The French state-owned electricity company said it had agreed in principle to [...]

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