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      Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

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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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All 696 Articles
  • Brewdog co-founder to plough millons into rescue bid for the struggling brewer

    February 21, 2026

    James Watt, the co-founder and former boss of Brewdog is to plough £10m of his own money into the company in a rescue bid for the craft brewer. According to reports from Sky News, Watt, who stepped down as Brewdog’s chief executive in 2024, is assembling financial backing from external investors for the group. Insiders [...]

  • Minimum wage is lowering standards of living, argues Wetherspoons boss

    February 21, 2026

    The founder and chairman of budget pub chain JD Wetherspoon has warned that minimum wage is making lowering people’s living standards by limiting companies’ ability to increase pay and hire. Sir Tim Martin argued that rather than serve as a safety net to protect workers, minimum wage is now doing more harm than good, following [...]

  • Leading German group backs bid for Telegraph Media Group

    February 21, 2026

    A leading German media group has backed a £500m bid for the Telegraph Media Group, which could rival the deal struck by the owner of the Daily Mail to acquire the UK titles. Axel Springer, which owns brand including Politico and Business Insider, said it would support a consortium of bidders led by Dovid Efune, [...]

  • Trump announces new blanket tariff after Supreme Court ruling

    February 21, 2026

    US President Donald Trump has announced a new global tariff after the US Supreme Court ruled that his previously imposed duties were illegal. Trump imposed a 10 per cent global tariff shortly after the court’s ruling, a decision the president called “terrible”. The import duty will apply to all countries and be effective “almost immediately”, [...]

  • US markets rally as tech stocks look to boost AI capabilities

    February 19, 2026

    US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]

  • FTSE 100 Live: Centrica profit falls; Stocks dip after record rally

    February 19, 2026

    Good morning and welcome back to the City AM liveblog. It’s been quite the week for the “old and unexciting” FTSE 100. The blue-chip index closed 1.2 per cent higher on Tuesday led by a rally in the mining sector. Antofagasta led the pack up over 10 per cent, which came a day after its [...]

  • What does the Schroders acquisition mean for Cazenove Capital?

    February 19, 2026

    The City was stunned last Thursday, after one of London’s oldest financial institutions entered a surprise mega deal with an American investment firm. Schroders announced it had agreed a £9.9bn takeover by Nuveen, ending over two centuries of independence for the asset manager. The shock acquisition is set to create one of the world’s largest [...]

  • Cash ISA changes add complexity to the market, says building society

    February 18, 2026

    The government’s decision to cut the cash ISA tax-free ceiling has added “complexity” to the market, a building society executive has said, as Britons still seek to have a cash safety net. Speaking in an interview with City AM, Stuart Haire, chief executive of Skipton Group has said that while the government was correct to [...]

  • UK house prices see modest growth amid London slump

    February 18, 2026

    UK house prices ticked up last year, but the London market continued to lag after property tax speculation and high mortgage rates constrained affordability. The average UK house price increased by 2.4 per cent annually in December 2025, slowing from 2.8 per cent growth in the year to November, according to the latest data from [...]

  • Takaichi’s gamble paid off, but can she keep investor interest high?

    February 18, 2026

    Japan’s first female prime minister, Sanae Takaichi, roared to victory last week in the biggest landslide election win in postwar history, with voters encouraged by her pledges to revitalise the tired economy. Takaichi’s Liberal Democratic Party (LDP) won 316 seats, more than two-thirds of seats in parliament’s lower house, granting the prime minister a ‘super-majority’. [...]

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