By: Maisie Grice

Investment Reporter Maisie Grice is City AM’s investment reporter. She completed the Financial Time’s newsroom apprenticeship, working on specialist magazine Investors’ Chronicle and the UK news desk before joining FT Money as a personal finance reporter. She also worked as a regional news reporter at the Manchester Evening News, covering live events, crime and local politics.

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‘Defining moment’: UK’s largest train operator enters public ownership

May 31, 2026

Ministers have hailed the nationalisation of the of the largest train franchise as a ‘defining moment’ as the government pushes forward with nationalising the railway. Transport secretary Heidi Alexander hailed the nationalisation of Govia Thameslink Railway (GTR), with its services accounting for one in six train journeys in the UK. Its four brands, Southern, Thameslink, [...]
Trump yet to make ‘final determination’ on Iran war despite discussions

May 30, 2026

US president Donald Trump is yet to make his ‘final determination’ on the war in Iran, despite holding a meeting with advisers on Friday to reach a decision on extending the ceasefire. Trump is yet to decide whether to move forward with a deal to extend the Iran ceasefire and reopen the Strait of Hormuz, [...]
Chaos at Heathrow as burst water pipe causes train cancellations

May 30, 2026

Passengers are facing major travel disruption travelling to and from Heathrow airport after a burst pipe ground train services to a halt earlier today. Transport for London said there were no services on the Elizabeth Line between Hayes and Harlington and Heathrow due to a signal failure caused by flooding at Heathrow Terminals 2 and 3. The Heathrow Express was also affected [...]
Neil Woodford criticises BP board for ousting ‘shouty’ chairman

May 30, 2026

Once-renowned investment manager Neil Woodford has criticised the BP board for ousting its ‘shouty’ chairman after less than a year in post. Woodford called out the oil giant’s board for removing Albert Manifold after just eight months in the job, noting that he is the third chairman the company has been through in three years, [...]
Easyjet attracts takeover interest from US private credit firm

May 30, 2026

Budget airline carrier Easyjet has drawn takeover interest from private credit firm Castlelake, which could make the airline the latest UK-listed company to be snatched off the stock market. Castlelake said it was in the “early stages of considering a possible offer” for Easyjet on Friday, but was yet to approach the company’s board. The [...]
Burnham would end asylum hotel contracts if he was PM, allies say

May 30, 2026

Andy Burnham would end the multibillion-pound asylum accommodation contracts if he became prime minister, according to allies of the Labour leadership hopeful. Since March, the Home Office has had the opportunity to trigger a break clause in the ten-year contracts it signed with three private companies which are responsible for sourcing accommodation. The clause allows [...]
Universal Music rejects Bill Ackman’s $65bn takeover bid

May 30, 2026

Universal Music’s board has rejected billionaire Bill Ackman’s takeover proposal, arguing it “materially undervalues” the company and is ultimately not in the best interest of shareholders or artists. The company’s board unanimously rejected the $65bn (£48.3bn) proposal from Ackman’s Pershing Square Capital on Friday, as it offered to buy the world’s largest record company last [...]
Ocado shares rocket after striking Asda home deliveries deal

May 29, 2026

Supermarket giant Asda has struck a deal with Ocado for the grocery technology company to take over all home deliveries from next year, as it looks to completely overhaul its online shopping business. Ocado will “quickly replace and upgrade” Asda’s existing e-commerce structure, taking control of the supermarket’s delivery operations form stores and warehouses from [...]
Moving abroad won’t save you from the British tax man

May 29, 2026

Brits have become ensnared in tax traps following an upheaval of the system by Chancellor Rachel Reeves in the past two Autumn Budgets. UK households have been slammed by a number of shake-ups, including an extended freeze of the income tax thresholds, a hike to dividend tax and a new ‘mansion tax’ on properties valued [...]
Property rich, pension poor: Meet the ‘sleepwalking’ generation

May 28, 2026

Those born between 1965 and 1980 could suffer from weaker retirement prospects despite being deemed property rich, after failing to be included in generous pension schemes. The so-called Generation X are at risk of “sleepwalking” into an inadequate retirement, regardless of their high exposure to property, owning twice as many buy-to-let homes as Baby Boomers, [...]

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By: Maisie Grice

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