Bank bosses brace for interrogation in FTSE 100 lenders’ earnings season January 21, 2026 Britain’s banking heavyweights are gearing up to report full-year earnings with top bosses set to face the crunch on the progress of their overhaul strategies. Lloyds chief Charlie Nunn will be the first of the City’s top bankers to go under the microscope when the FTSE 100 giant releases its annual report on 29 January. [...]
High Court showdown over alleged ‘procedural irrationality’ in Gatwick runway £2.2bn approval January 20, 2026 The Secretary of State has been accused of reaching “inherently contradictory and irrational” conclusions by finding Gatwick’s second runway would have a “significant adverse effect” on the climate, the High Court heard this morning. The transport secretary, Heidi Alexander, greenlit plans for Gatwick Airport’s second runway, the Northern Runway, in September. This was “the largest [...]
Stuart Rose steps down as EG Group chair ahead of US IPO January 19, 2026 Stuart Rose has stepped down as chair of EG Group ahead of the forecourt firm’s flotation in New York later this year. The retail industry veteran and Conservative peer has been replaced with immediate effect by Roland Smith, the current chairman of American fast-food chain Jack’s, in the clearest sign yet the company is seeking [...]
Hundred: Barclays replaces Tyrrells as London Spirit front-of-shirt sponsor January 19, 2026 Banking giant Barclays has replaced Tyrrells crisps as the front-of-shirt sponsor of Hundred franchise London Spirit as new investors flex their new-found power. The upmarket crisp’s parent firm KP Snacks signed a multi-year deal to sponsor the eight Hundred franchises, using brands such as Hula Hoops and Butterkist to occupy prime advertising real estate. But [...]
UK inflation faces December bump from travel and food costs January 18, 2026 UK inflation may have edged higher at the end of last year, with Christmas travel and higher duties pushing up prices, economists have warned. Several forecasters expect the Consumer Prices Index (CPI) to have ticked up in December after falling sharply in November. Economists at Pantheon Macroeconomics say they expect inflation to rise to 3.3 [...]
Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’ January 18, 2026 Nearly two years ago Close Brothers chief executive said the bank would take “decisive actions” to strengthen its financial standing. The bold overhaul of the lender’s capital structure came amid the Financial Conduct Authority’s (FCA) review into the motor finance industry – a sector which made up 20 per cent of its £9.5bn loan book [...]
Capitolis Achieves Record-Breaking 2025 Across Portfolio Optimization Business January 16, 2026 Company delivered record performance across FX, Rates, and Credit products and launched innovative offerings
Bankers and bots: City lenders to face scrutiny on AI ambitions January 15, 2026 Banks have been tipped as a big winner of AI integration but face a major test in selling their tech narrative to investors. As City lenders gear up to report their 2025 financials, shareholders will be looking past balance sheets for progress on digital ambitions. “This may be the year the market makes up its [...]
Could this be the weirdest London IPO in 2026? January 15, 2026 What do you think the weirdest London IPO of the year could be? Take a moment to think about it. And now, let me tell you why you’re wrong. I have the answer. It’s a firm called Hybrid Air Vehicles, a company that makes airships. Yes, airships. If you thought – as I did – [...]
FTSE 100 Live: UBS to get new boss; Premier Inn leaseback deal January 13, 2026 Good morning from the City AM liveblog team. What’s an easy way to tell apart a developed country from a less developed one? One straightforward yardstick is the behaviour of state institutions and their relationship to government. If they are well run, they are operated by professionals independently from the executive. Or – the executive [...]