After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
As it happened: FTSE 100 reverses losses as oil drops to $105 November 2, 2026 Welcome to City AM‘s FTSE 100 liveblog. It’s a new week in the City and global markets are gearing up for a chain of big events. Chief among them is the US midterms, which could have a major impact on the ongoing conflict in the Middle East that has sent the price of oil soaring. [...]
City of London chief named UK’s most influential black Briton November 1, 2026 The chief executive of the City of London corporation has been named the UK’s most influential black Briton in this year’s Powerlist. Ian Thomas, the 51st Town Clerk of London and first black person to lead the City of London’s governing body, was given the title on Saturday by Powerful Media. The City of London [...]
Labour will reduce ballooning benefits bill, claims John Healey November 1, 2026 John Healey has vowed that Labour will reduce the benefits bill, after admitting the current system is “not working”. The Chancellor created widespread confusion earlier this week, after failing to clarify whether the ballooning cost of welfare will be cut before the next election by declining to put a timeframe to it. But Healey claimed [...]
‘Nailed on’: Bank of England expected to hike interest rates October 30, 2026 The Bank of England is expected to hike interest rates next week as policymakers battle to stamp on inflationary pressures building in the UK economy. City analysts have predicted that the Bank’s Monetary Policy Committee will vote to raise interest rates from 3.75 per cent to four per cent. The Bank has been closely monitoring [...]
What must Prem Rugby CEO learn from his trip to US? Sweat the asset October 30, 2026 It speaks to Prem Rugby’s ambition that its chief executive Simon Massie-Taylor is jetting off to the United States to drum up investment and sponsorship for the English game, as reported by City AM earlier this week. It suggests the league – unlike many other top-flight union competitions – is actively seeking to go beyond [...]
Burnham’s former economic adviser gives Budget a four out of 10 October 30, 2026 One of Andy Burnham’s former economic advisers has given John Healey’s Budget a four out of 10, warning there remained a 50 per cent chance the UK economy will be in worse shape next year than it is now. Andy Haldane, who for years served as chief economist at the Bank of England, told the [...]
House prices rise at slowest rate in years as Budget ‘fails to boost market’ October 30, 2026 House prices rose at their slowest rate since the start of 2024 in October, as property experts said the Budget failed to boost the UK’s beleaguered housing market. The average house price in the UK rose by 0.5 per cent this month to £273,566, according to Nationwide, slowed from 0.8 per cent growth last month [...]
Natwest shares slump after muted quarter October 30, 2026 Natwest shares fell after the bank delivered its third-quarter following a muted quarter for profit growth. The FTSE 100 bank recorded a pre-tax profit of £2.2bn, broadly in line with internal consensus and up 1.9 per cent from the same period last year. Its stock fell some four per cent to 611p in early trading. [...]
Are Manchester City too big to fail? Here’s what economic modelling says October 30, 2026 Exclusive economic modelling for City AM assesses whether Manchester City are too big to fail and whether a contagion threat should be factored into any punishment of the club. You have to go back to 1984 and the US state rescue of Continental Illinois National Bank and Trust Company to pinpoint the moment that “too [...]
Which is the London Underground’s most haunted station? October 30, 2026 Which is the Underground’s most haunted Tube station? James Ford offers the definitive countdown of the top three.