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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Labour mansion tax raid to hit homes worth £1.5m

September 20, 2026

The government is considering plans to lower the mansion tax threshold to properties worth over £1.5m, a move that would hit nearly 300,000 homes. Labour originally announced the tax on properties worth more than £2m in last year’s Autumn Budget by former chancellor Rachel Reeves. Properties over this valuation are set to pay a £2,500 [...]
London AI infrastructure firm Nscale files for $35bn US listing

September 20, 2026

Nscale has filed for an initial public offering in the US, as it looks to tap into AI’s growing demand for infrastructure. The Nvidia backed AI cloud provider is targeting a valuation of up to $35bn. The group will also launch a retail offering for UK investors, allowing them to purchase shares via Retailbook. The [...]
Howard Buffett to succeed father Warren as Berkshire Hathaway chair

September 18, 2026

Berkshire Hathaway has named Howard Buffett as chair as his father Warren Buffett steps down after six decades at the helm of the conglomerate. Howard’s elevation comes as billionaire Warren moves into the role as chairman emeritus of the company, according to a letter published to shareholders on Friday. The elder Buffett will also remain [...]
Putney Pusher suspect’s sisters slam Met: ‘Our brother was innocent’

September 18, 2026

The sisters of the millionaire banker accused of being the ‘Putney pusher’, have insisted upon his innocence while hitting out at the Metropolitan Police’s handling of the investigation. Nicholas Brandram’s sisters, Alexia Hicks and Sophie Voelcker, accused the Met of being “negligent and reckless” during their investigation. The former British Army officer took his own [...]
Nationalise Thames Water and block private rescue deal, MPs tell Burnham

September 18, 2026

Andy Burnham and his government are facing increasing pressure to take control of Thames Water after a group of MPs warned a rescue deal led by its creditors should be rejected. A group of the stricken utility’s lenders, known as London & Valley Water, is vying to seize control of the company in a £10bn [...]
Investec’s South Africa surge offsets cooling UK performance

September 18, 2026

Investec doubled down on its full-year targets today after a surge in activity in South Africa helped offset a slump in the UK. The FTSE 100 lender projected earnings per share to land between 41.7p to 43.3p, a three per cent to seven per cent rise from the prior year. The growth projection was largely [...]
Barclays staff revolt against tightened work from home policy

September 17, 2026

Barclays is facing growing backlash from its own staff over a decision to tighten its home working policy. Thousands of staff have backed a call to exempt from the bank’s decision to enforce working in the office three days a week. Employees at the London listed bank have also demanded a one-off payment to offset [...]
As it happened: FTSE 100 soars after Bank of England holds interest rates

September 17, 2026

Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
Gore Street Energy narrowly defeats Saba’s wind down vote

September 16, 2026

Gore Street Energy Fund has survived an attempt by activist hedge fund Saba Capital to wind it down at its latest annual general meeting, after investors narrowly voted against its discontinuation. The battery fund quashed the Boaz Weinstein-run fund’s efforts to shut it down at its annual general meeting (AGM) on Wednesday, but more than [...]
From due diligence to market mapping: Private capital is leaning on AI

September 16, 2026

Private equity and venture capital firms are handing over administrative and back-office tasks to artificial intelligence agents in order to shift staff focus to more pressing matters. AI is becoming increasingly embedded across the UK private capital industry, with nine in ten firms now using the technology to support at least one business activity, according [...]

Natwest facing backlash from union after ordering staff into office twice a week

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Boulebar Spitalfields brings quintessential French culture to the City

By: Maisie Grice

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