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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Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor

July 11, 2026

London mayor Sadiq Khan has weighed into the debate over who should be the next chancellor, lobbying Andy Burnham to select Ed Miliband for the job. In a private discussion with Burnham, Khan argued that Miliband had both the political skills and economic expertise to deliver Burnham’s agenda, including devolving powers to city regions, people [...]
Apple sues Open AI accusing them of stealing ‘trade secrets’

July 11, 2026

Apple has accused Open AI and two of its former employees of stealing top secret information as the two biggest names in Silicon Valley prepare to compete in the consumer electronics market. The iPhone maker said in a lawsuit filed on Friday in a California federal court that the theft of its trade secrets was [...]
‘One-two punch’ – Families face huge capital gains death tax under Burnham

July 9, 2026

Bereaved families could face a huge tax bill under an Andy Burnham premiership if the likely next Prime Minister presses ahead with a policy to hike capital gains tax on assets of the deceased. Supporters of Burnham, including the former health secretary Wes Streeting and ex-transport minister Louise Haigh, have said previously they believe wealth [...]
State-backed pension scheme plans to pump £1bn into start-ups

July 8, 2026

The UK’s largest state backed pension scheme is planning to invest up to £1bn in venture capital by the end of the decade in a bid to boost returns for its members and fuel economic growth. The National Employment Savings Trust, dubbed Nest, said its plans to expand into high-growth private companies will begin with [...]
Top Tory slams ‘ivory tower’ financial regulators as takeover bids blight London Stock Exchange

July 8, 2026

The shadow business secretary has hit out at “ivory tower financial regulators”, accusing them of failing to spend enough time dealing with the problems facing London’s capital markets and hampering UK competitiveness. Conservative MP Andrew Griffith blamed watchdogs like the Financial Conduct Authority (FCA) for the state of the London Stock Exchange, which was blighted [...]
Government ‘mis-sold student loans’ to teenagers, MPs say

July 7, 2026

A group of MPs have accused the government of knowingly mis-selling student loans for years to unsuspecting teenagers, after using adverts comparing repayments to mobile phone contracts and failing to properly inform them of certain conditions. The Department for Education (DfE) used a bundle of promotional materials comparing monthly student loans repayments to low-cost monthly items, [...]
Schroders sells financial planning arm as it accelerates high net-worth shift

July 6, 2026

Schroders has agreed to sell its advice business Benchmark Capital to Swedish wealth firm Soderberg & Partners as it accelerates a shift toward wealth management and high net-worth clients. Under the terms of the deal, Schroders will become a long-term asset manager to Soderberg & Partners and exit direct ownership of the financial planning business. [...]
UK investors turn to bonds as equities valuations continue to stretch

July 6, 2026

UK investors piled into bonds in June, as soaring valuations in equity markets has left many investors looking to avoid heightened risk and stretched value. Bond funds attracted over £1bn of net inflows last month, making it third-strongest on record for fixed income funds, according to the latest data from Calastone. The streak came as [...]
Andy Burnham says he will put essential services back under ‘stronger’ public control

July 4, 2026

Andy Burnham has said he will set out a “new approach” to put essential services back under “stronger public control”. In an “ask me anything” session on online forum Reddit on Friday, Burnham, who is expected to be Starmer’s successor, confirmed he will look into placing services back under public control in an attempt to [...]
Making Miliband chancellor would be a ‘mistake’, Trump officials warn

July 4, 2026

Senior officials in president Trump’s administration have privately warned that appointing Ed Miliband as chancellor would be a “mistake”, as speculation over who will take over from Rachel Reeves grows. US officials told their counterparts in Britain, as well as senior Labour figures, that they were concerned about Miliband’s opposition to new oil and gas [...]

‘Phenomenal waste of time’: Burnham slammed over plans to dismantle tech department

QPR owner Bhatia Liverpool investment could value club at $6bn

Will Ibai take home a Toast the City Award?

By: Maisie Grice

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