Here’s one New Year’s resolution worth trying: Becoming a billionaire January 1, 2026 A new year has rolled around again – a time for many to put their thinking caps on and set some life goals. A gym membership is one of the most popular resolutions, but is also one of the worst-kept (ask a gym manager how busy Februaries are compared to Januaries). For the less active [...]
London IPO market saw tepid recovery in 2025 December 31, 2025 The London IPO market saw the beginnings of a recovery in 2025 as a flurry of listings in the fourth quarter helped offset an otherwise lackluster year for floats. Some $1.9bn (£14.1bn) was raised via initial public offerings in London over the course of the year, more than double the amount raised last year and [...]
Mastercard issues winding up petition against London fintech Guavapay December 26, 2025 Hundreds of jobs could be at risk as London fintech Guavapay faces a winding up petition from payments giant Mastercard over unpaid sums, City AM can reveal. The firm, which employs more than 500 staff and manages cross-border money transfers for individuals and businesses, was issued the notice on Christmas Eve, according to court filings [...]
UK to slide down world rankings on GDP per capita by 2030, report finds December 26, 2025 The UK is set to slip down the world rankings of GDP per capita by the end of the decade after being weighed down by “subpar” growth, a new report has said. The British economy will fall from its current rank of 19th to 21st next year and down further still to 22nd by 2030, [...]
I read 100 books in 2 years. Here’s what I learnt. December 24, 2025 As I write this, I am in the final days of the longest reading marathon of my life. In January last year, I set a challenge to read 52 books in as many weeks. Having (just) completed my goal, I set another to read 48 this year, to finish at 100 (journalists like round numbers). [...]
Jump in winter sun breaks as wealthy Brits prioritise wellness December 23, 2025 Wealthy Brits are flocking to sunny hotspots abroad over the Christmas season with wellness among the top priorities for holidaymakers, fresh data has found. More than one in three (34 per cent) Britons say they plan to travel abroad this winter for a warmer escape, according to survey data compiled by Four Seasons, with almost [...]
Quant firm G-Research owner pays out £106m in wages to 49 staff December 23, 2025 A parent company to secretive quant trading firm G-Research has posted a £106m wage bill to pay its 49 staff over eight months, the firm’s latest accounts show. Braunford LLP, which was incorporated last year for “the provision of staff and agent services” and shares an address with G-Research, has posted its inaugural set of [...]
Wrexham-based Chetwood Bank takes on London rivals with £1bn jump in deposits December 23, 2025 Chetwood Bank has seen a near-£1bn jump in customer deposits as the Wrexham-based business wrestled market share from London fintech rivals. The Welsh digital bank, owned by US investment fund Elliott, posted a £960m increase in customer deposits in the year to March, bringing them to £3.8bn, a rise of just over a third, according [...]
Exclusive: Google makes fresh $1bn cash injection into UK data centre subsidiary December 18, 2025 Google has poured $1bn into its UK data centre subsidiary, City AM can reveal, in the clearest sign yet that the tech giant is eyeing major expansion of its compute power in Britain. The £775m cash injection was this week filed to Companies House for the same company which controls Google’s Waltham Cross data centre, [...]
HSBC chair poured cash into failed tax avoidance investment scheme December 18, 2025 The new chair of HSBC lost money in a tax-avoiding investment scheme that ultimately collapsed, City AM can reveal. Brendon Nelson became a partner and investor in a biofuel exploration business called Future Fuels, itself part of a wider scheme called Elysian Fuels which was operated by Future Capital Partners. The unregulated investment scheme was [...]
