Anglo American axes bumper pay plan ahead of vote December 8, 2025 Anglo American has shelved plans to give its top executives a bumper payday if it completes its planned $50bn (£38bn) megamerger with Canada’s Teck, in a dramatic climbdown ahead of a shareholder vote on Tuesday. The FTSE 100 mining behemoth had sought investor approval for a motion to pay chief executive Duncan Wanblad a £8.5m [...]
Not classy: lawfare will weaken the British economy November 22, 2025 The recent explosion of class action lawsuits and third-party litigation funding in Britain is argued to be damaging the UK economy and its reputation for legal stability, often primarily enriching funders rather than compensating victims, says James Price American cinema has long loved the class action lawsuit. Hundreds, maybe thousands of little guys ganging up [...]
FTSE 100 Live: Budget and bubbles continue to set agenda November 17, 2025 Good morning and welcome back to the City AM liveblog. We are now just over a week out from the Labour government’s second Budget and last week rogue Westminster briefings sent ripples through markets. After continuous weeks and media outings teasing a manifesto-breaking income tax hike, the government rowed back with several reports pointing to [...]
High Court finds BHP liable for Brazil’s worst environmental disaster November 14, 2025 Mining giant BHP has been found liable for a dam disaster under both environmental law and the Brazilian civil code, in a significant ruling handed down by the High Court. The case stems from a deadly dam disaster in Brazil. On 5 November 2015, the Fundao dam in the south-eastern part of Brazil, operated by [...]
Mining boss: Journey from Aim to main market ‘too difficult’ October 28, 2025 The mining boss behind the London main market’s newest member has said his firm would not have transferred from Aim had he known how complicated the process would be, despite the junior market partly existing to act as a stepping stone to London’s principal exchange. Cobus Loots, the chief executive of South African-based gold miner [...]
Ousted CEO and mounting debts: the lawyers behind £36bn BHP lawsuit October 16, 2025 The law firm behind the most significant litigation to ever hit the English High Court has been lighting up headlines recently due to allegations around internal issues at the group. Back in 2018, in Liverpool, barrister Tom Goodhead and US lawyer Harris Pogust founded a law firm using an alternative business structure that focused on large-scale group [...]
Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Anglo American boss sees future in London despite HQ move October 9, 2025 Anglo American has no plans to move its primary listing away from London once its megamerger with Canadian rival Teck is completed, its boss has said, despite the firm recently choosing to move its headquarters to Vancouver. Duncan Wanblad, who will eventually head up the future ‘Anglo Teck’ entity should the deal be green lit [...]
Horology and horse power: Car firms are getting in bed with watch brands October 7, 2025 Cars and watches are the ultimate partnership – and one that’s only getting stronger in the digital age, says Adam Hay-Nicholls Revolutions per minute. We could be talking about pistons punching inside a V8 engine, causing 30,000 explosions every sixty seconds. Or we could be discussing a hand on a chronograph sweeping the watch face [...]
Funding fears and departures rock law firm behind £36bn BHP lawsuit September 11, 2025 The firm behind the multi-billion-pound lawsuit against mining giant BHP is currently experiencing an exodus of key lawyers, as fallout within the law firm continues to unfold. City-based law firm Pogust Goodhead, originally known as PGMBM before rebrand, is acting on one of the “most significant” group actions at the English High Court, representing over [...]