Which UK banks are next in line for a takeover? July 11, 2025 As the next wave of banking consolidation kicks off, specialist lenders are in the fray to be swallowed up. The industry has seen a flood of mergers and acquisitions in recent years, of which the latest was a landmark tie-up between Santander and TSB Bank. Santander snapped up 12-year old British high street lender TSB [...]
Where to watch Wimbledon in London this weekend July 10, 2025 Whether indulging in strawberries and cream, clinking Pimm’s, or oogling the royals in the stands, for many watching Wimbledon has become a quintessentially British tradition. This weekend, the oldest tennis tournament in the world comes to a close, with the finals set for Saturday 12 July and Sunday 13 July. If you don’t have tickets [...]
Britain can’t afford to pay the doctors’ Danegeld July 10, 2025 Continued strike action is unsustainable and unfair to taxpayers and patients, given the UK’s financial constraints, ballooning pension liabilities, and already generous public investment in their training and benefits, says Maxwell Marlow To borrow from the great Dane, Hamlet, something is very rotten in the state of England. As I set about thinking up policies [...]
Forget WeWork and Airbnb: inside the company nailing remote working July 10, 2025 From the Summer issue of City AM The Magazine: inside the remote working company appealing to a new generation of digital nomads Rows upon rows of cookie-cutter houses fill the boujee neighbourhood of Abbot Kinney in Los Angeles. In front of one, a basketball hoop stands by a double garage. It looks like all the [...]
Inside Los Angeles stan culture, where it isn’t embarrassing to admit you’re a celebrity nerd July 10, 2025 Fans behave very differently in Los Angeles than they do in London. Longtime celebrity nerd Adam Bloodworth visited to explore the city’s outward love for celebrity A sea of aggressive power lunches are taking place on the terrace next to a swimming pool. I’m in the Tower Bar on Sunset Boulevard, which runs along the [...]
The Capitalist: Inside Tesco Clubcard’s 30th birthday rave July 10, 2025 Tesco opens a Soho nightclub, finance bros battle it out at The Lord Mayor's Cup, and a Lord's warm-up dinner; catch up on the latest gossip.
French AI boss calls for youth mobility scheme July 9, 2025 The boss of one of France’s most successful tech start-ups has thrown her weight behind calls for a youth mobility scheme between the EU and UK, warning that Europe must have access to deep pools of talent to stand a chance of competing in the AI arms race. Eleonore Crespo, co-founder of business planning unicorn [...]
Reform top the polls but voters cool on Nigel Farage July 9, 2025 Reform UK continues to ride high in the opinion polls – climbing 16 points since last year’s election – yet voters appeared to have cooled on Nigel Farage as new City AM polling suggests he’s lost some of his shine. A post-government slump in support for the Conservative Party and lack of approval for the [...]
Bank of England hits Mastercard subsidiary with £12m fine July 9, 2025 A Mastercard-owned company has been fined almost £12m by the Bank of England after it failed to fully comply with a regulatory order to fix weaknesses in its risk management. Vocalink – which was acquired by Mastercard in 2017 – has been slapped with the £11.9m fine due to failing to meet directions from the [...]
Not on the High Street slashes jobs as losses widen July 9, 2025 Not on the High Street has continued to slash jobs in a bid to stem its widening losses amid falling sales. The Bristol-headquartered business cut its headcount in March this year having also shed 70 members of staff in the year to 31 March, 2024. The update has been revealed in newly filed accounts with [...]