FTSE 100 Live: Goodwin shares soar, HSBC $1.1bn Madoff hit, Petrofac administration October 27, 2025 Good morning from the City AM liveblog team. Rachel Reeves likes to insist that she will “never play fast and loose with the public finances.” It’s a phrase she deploys quite often, not least when it looks as if the bond market could do with a bit of reassurance, and it means that she won’t [...]
Rishi Sunak: Tax rises at Autumn budget would crush confidence October 26, 2025 Former Prime Minister Rishi Sunak has warned Chancellor Rachel Reeves that she must cut spending at the next budget or risk economic disaster. Writing in his inaugural column for the Sunday Times, Sunak said that Reeves faces a “simple choice: spending cuts or tax rises.” “If the chancellor opts for the latter, it will crush [...]
The nuclear stupidity of insisting reactors provide ‘social value’ October 23, 2025 The government is demanding that companies who want to build small modular reactors must ensure 50 per cent of workers are women and provide jobs for refugees rather than, you know, build a nuclear reactor, says Tom Harwood Let me take you back in time to a quite different world. Barack Obama is President of [...]
Labour’s tobacco bill risks empowering black market, warns shadow minister October 7, 2025 The Labour government’s proposed Tobacco and Vapes Bill could hand a significant boost to criminal gangs and fuel the growing black market in illicit goods across the UK, the shadow policing minister has warned. Matt Vickers MP has told City AM that the legislation, aimed at curbing smoking and youth vaping, fails to address the [...]
Titanic Quarter sinks further into the red as losses mount September 17, 2025 Losses at a string of companies related to the landmark Titanic Quarter development in Belfast have widened during their latest financial years, new documents show. The companies, which are controlled by businessmen Dermot Desmond and Pat Doherty, are all involved in the development of the 161.5-acre site. Belfast’s Titanic Quarter is home to more than 100 companies with [...]
Sorry Nigel, appointing business leaders to government never actually works August 18, 2025 Taking successful people from the business world and putting them in government sounds like a good idea, but history proves otherwise.
Sir Rocco Forte enjoys record pay day after hotels empire deal August 13, 2025 The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]
Lawyer for Nadhim Zahawi seeking to appeal misconduct Tribunal ruling August 5, 2025 The Osborne Clarke lawyer who was found guilty of misconduct for his attempt to silence Dan Neidle on a story over Nadhim Zahawi’s tax affairs is now seeking an appeal.
The Capitalist: Fintech furnishes office with 3D printed Lando Norris July 31, 2025 Games Workshop's bat, payday for George Osborne and a 3D printed Lando Norris; catch up on the latest City gossip in The Capitalist.
Rightmove demands stamp duty overhaul July 25, 2025 Rightmove has called on the government to overhaul stamp duty thresholds to help first-time buyers get on the property market. The UK’s largest property platform urged ministers to increase the thresholds at which the tax kicks in, to reflect house price rises that have occurred in recent years and “help mobility across many parts of [...]