Power Probe boss still ‘enjoying the ride’ after stock slump since Aim debut September 15, 2026 The boss of one of Aim’s newest constituents has insisted he is still “enjoying the ride” after the stock’s slump in the months following its London IPO. Power Probe, which is based in North Carolina and develops power tools for car mechanics, debuted on the junior Aim market in December 2025, one of only a [...]
Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes September 11, 2026 Claridge’s has suffered a loss of just under £10m as the iconic London business warned government tax hikes were taking their toll. The five-star Mayfair hotel, which opened its doors in 1898 before expanding via a five storey ‘mega basement’ in 2021, recorded a loss after tax of £9.7m for 2025, reversing a £2m profit [...]
Surge in borrowing costs could force Healey to deliver ‘emergency Budget’ September 10, 2026 Surging government bond yields could force John Healey to deliver an “emergency Budget” in which the UK’s new Chancellor drives through a wave of spending cuts in a bid to bear down on Britain’s ballooning debt pile. UK gilt yields have this week surged to the highest rates seen in decades amid rising uncertainty over [...]
Panini sales tumble after sticker maker loses Premier League licence September 10, 2026 Collectable stickers maker Panini has seen its sales tumble in the UK following the loss of a major Premier League licence. The Italian company’s UK subsidiary recorded a more than 20 per cent drop in turnover to £43.3m in 2025, according to accounts seen by City AM. The 65-year-old firm, which has had a partnership [...]
Barclays faces legal scrutiny over role in £90m ‘Ponzi scheme within a Ponzi scheme’ September 10, 2026 Barclays could be on the hook for as much as £37m over its role in a collapsed ‘Ponzi scheme’ after failing to dismiss claims brought by the company’s liquidators. The FTSE 100 finance giant provided banking services to a company called Denaro from 2013 until its demise a decade later, at which point it faced [...]
Nigel Farage has never been far from danger his entire career September 10, 2026 Cast your eye over Nigel Farage’s CV and you realise he is a man who never seems far from danger. At the start of his career in 1982 he joined the notorious US investment bank Drexel as a commodities trader. Drexel would collapse eight years later after its senior executive, Michael Milken, was sent to [...]
Pisces’ first birthday was an intimate affair September 10, 2026 The faint pop of a champagne bottle was heard in the Square Mile a few days ago, marking the first anniversary of the LSE getting a licence for Pisces – the private securities venue providing liquidity to fast-growing firms. As celebrations go, it was an intimate affair. Over the past year, just three businesses have [...]
Badger Beer maker Hall & Woodhouse doubles profit ahead of tie-up with James May September 10, 2026 The maker of Tangle Foot, Fursty Ferret and Hopping Hare has doubled its profit after cheering a jump in brewing volumes. Dorset-based brewer Hall and Woodhouse, which also operates over 130 pubs across England including the Old Nick in Holborn, St Stephen’s Tavern in Westminster and The Ship and Shovell in Charing Cross, recorded a [...]
Airport chaos latest: Heathrow, London City ‘starting to recover’ after air traffic control failure September 8, 2026 Heathrow, Gatwick and London City airports have been among the most-impacted after a “technical issue” grounded scores of flights across the UK. Britain’s air traffic control service, Nats, said just before 2pm it was investigating a “technical issue” which had delayed departures across most of the UK’s biggest airports. The fault sparked travel chaos at [...]
UK firms slash consulting spend amid rising AI adoption September 8, 2026 British businesses are paring back their spending on consulting firms as they turn to AI for problem-solving, according to City AM’s new Business Spend Pulse. Median spending on consulting fees fell by 1.9 per cent in August compared to last year, the tracker found, despite an overall 2.2 per cent increase in corporate spending. That [...]
