Burnham’s 10-year plan is already running out of time Opinion Burnham should be praised for his longer-term thinking, but how much use is a 10-year plan with only 2½ years to execute it, asks Eliot Wilson.
Oxford Street pedestrianisation brings ‘staggering’ shopping boost Retail The pedestrianisation of Oxford Street has delivered a “staggering’ boost in footfall, data compiled by the London mayor’s office has shown, as Christmas shopping could usher in a larger surge in the number of shoppers. Datasets gathered by City Hall suggest that spending and footfall soared in the first week of a traffic-free Oxford Street, [...]
Another Budget: Perceptions, Reality and Delay Sponsored Central London Alliance (CLA) examines whether the Budget has done anything to restore business confidence, encourage investment and put London on a path to sustainable growth. Purpose The ‘not another one!’ previous exclamations could reasonably have referred to yet another Prime Minister. Another Chancellor. Another Budget, the third under this Government. Or a signal that [...]
Talent agency snaps up Starmer for speaking engagements November 6, 2026 A celebrity talent agency has tapped former Prime Minsiter Sir Keir Starmer for speaking engagements as he looks to share his views and experiences in Downing Street at paid events. Starmer has signed up with Creative Artists Agency, an $1.1bn international business that counts celebrities such as Ellen DeGeneres, Gordon Ramsay, Kamala Harris and Jacinda [...]
Analysis: AI sell-off leaves markets at a crossroad November 6, 2026 A rout in AI and tech stocks has wiped trillions off global markets. For City AM’s Midday Markets newsletter, Ali Lyon chews over what it all means. It’s been one of those mornings when analysts have woken up and reached for their morbid bon mots of choice. “Bloodbath” has proven popular. So too, “capitulation-level event” [...]
Anthropic’s $1.5 trillion IPO in doubt as AI sell-off spooks investors November 6, 2026 Anthropic’s blockbuster $1.5 trillion (£1.1 trillion) stock market listing could be delayed or forced into a dramatic valuation cut after a brutal Wall Street sell-off left investors questioning the price tag on one of the world’s most valuable AI firms. The ChatGPT rival is facing growing pressure to lower its valuation as a rout in [...]
The Capitalist: City AM reporter gets royal trashing by AI slop November 6, 2026 Gossip,whispers and City rumours in this week’s edition of The Capitalist IMITATION, FLATTERY AND ALL THATThey say imitation is the greatest form of flattery, but what about scraping your articles, scrambling its contents and publishing it on a separate ‘news’ website? This seems to be the preferred compliment of many ‘local news’ websites established in [...]
As it happened: FTSE 100 losses soften after Nasdaq recovers from tech rout November 6, 2026 Welcome back to City AM‘s FTSE 100 liveblog. It’s Friday and London’s blue-chip index is suffering another big loss after the tech rout deepened on global markets overnight. The FTSE 100 was down 1.6 per cent in afternoon trading to 10,616p. The Nasdaq was reversing some losses and gained 1.6 per cent at open on [...]
‘The blood is in the streets’: Nasdaq plunges as US midterms rattle SpaceX and Nvidia November 5, 2026 The Nasdaq index was plunging into the red on Thursday after the US midterms rattled AI-related stocks including Nvidia, Oracle and SpaceX. The tech-heavy index, which tracks 100 of the largest non-financial companies, sank more than five per cent to around 24,416 points. Chipmakers Nvidia and Broadcom each helped lead losses down eight and nine [...]
David Buik: The City needs a bit more fun November 5, 2026 No one alive has worked in the City longer than David Buik. He tells Ali Lyon what’s changed since his first day in September 1962, and what, mercifully, has remained the same. It is 12:30 on a mild Tuesday afternoon, and as he takes to his blue leather stool and peruses his paper menu, David [...]