AO World strikes deal with Peter Jones to snap up Jessops September 24, 2026 AO World has struck a deal with Dragons Den star Peter Jones to acquire struggling camera retailer Jessops. The online retailer did not disclose how much it paid for the group but said the acquisition was funded from its “existing cash resources.” AO World said the deal “supports our strategy of expanding into adjacent categories, [...]
As it happened: FTSE 100 slips as oil prices surge; Vistry shares crater September 24, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more
Airtel Money boss: This is why we picked London for our float September 24, 2026 The boss of Airtel Money has laid out his rationale for selecting London as his chosen venue after the firm unveiled plans for a multi-billion pound IPO that could be Britain’s biggest in years. The African mobile payments business, which is controlled by Indian-owned telecoms group Airtel Africa, is reportedly seeking a valuation at as [...]
Tesco’s slow retreat from Europe is depressing September 24, 2026 Working with Tesco can be both a blessing and a curse, a relative of mine, who used to work in wine sales in Australia, recently told me. Some winemakers who struck deals with the British supermarket, one of the world’s biggest purchasers of wine, would quickly be rolling in cash, such were the size and [...]
Every Lidl helps: German grocer’s owner poised to snap up Tesco stores September 23, 2026 The owners of Lidl are among the front runners to snap up dozens of Tesco stores as the British supermarket chain seeks to offload some of its biggest subsidiaries. Schwarz Group is expected to submit an offer for Tesco’s Czech and Slovakian businesses, according to the Financial Times, after the FTSE 100 firm said it [...]
Airtel Money confirms plans for multi-billion London IPO September 23, 2026 Airtel Money has confirmed plans for a London IPO in what would mark one of the London Stock Exchange’s biggest flotations in years. The African mobile payments business, which is controlled by Indian-owned telecoms group Airtel Africa, is reportedly seeking a valuation at as high as $9bn (£6.8bn). The fintech, which operates via branches and [...]
As it happened: Oil price rise boosts Shell and BP, FTSE 100 rally fades September 23, 2026 Good morning from the City desk at City AM. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more
Thousands of jobs at risk as Ineos suspends operations at huge UK chemicals plants September 22, 2026 Thousands of jobs have been put at risk after Ineos suspended operations at three of the UK’s biggest chemicals plants, as owner Jim Ratcliffe took aim at “ridiculously high” energy prices in the UK. The three plants which are being idled produce the raw materials for pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives [...]
As it happened: Ineos suspends huge chemicals plants in Hull, RAC IPO breakdown September 22, 2026 Good morning from the City desk at City AM. Follow along here for all our coverage of the latest London Stock Exchange updates along with UK business news and analysis of the key trends shaping investor sentiment. Here’s a summary of some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load [...]
How mansion tax changes could triple the number of payers in suburban London September 22, 2026 When she introduced the measure in her October Budget, then-Chancellor Rachel Reeves told MPs her new mansion tax would “deal with a longstanding source of wealth inequality in our country.” Reeves promised that the new levy, set to cost as much as £7,500 for the highest-value homes, would raise more than £400m and would affect [...]
