Mark Kleinman: Turning Telegraph page is painful reading for RedBird November 6, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Turning Telegraph page is painful reading for RedBird Gerry Cardinale is not one to give up easily – or quietly. The RedBird Capital Partners principal is now in the third year – and umpteenth iteration – [...]
Tech stocks rally after Tuesday’s sell off November 5, 2025 US stock markets rebounded on Wednesday as investor nerves cooled after billion-dollar short positions disclosed in leading AI companies sent tech stocks in a tailspin on Tuesday. Star fund manager Michael Burry, of The Big Short fame, disclosed a $1.1bn (£843m) wager on Palantir and Nvidia shares falling on Tuesday, after drawing attention to similarities between [...]
What’s On in London November 2025 November 5, 2025 London is set for a busy November, and if you love food, be ready for a celebration! The city is presenting a stunning and diverse selection of dining choices this month, featuring everything from attractive restaurant deals to exclusive, limited-run offers at countless eateries. It’s a fun month with something for everyone, and your taste [...]
High street jewellery giants struggle to sparkle November 5, 2025 Growth seems to be hard to come by in almost any industry at the moment, especially as UK business leaders brace for Chancellor Rachel Reeves to deliver her expected tax hikes later this month. But the latest set of financial results for two of the country’s largest jewellery chains has shone a spotlight on the [...]
Rachel Reeves blames everyone – apart from herself November 5, 2025 The Chancellor’s speech yesterday was really very odd indeed. It benefited from all the gravitas of a Downing Street address to the nation, but was remarkably thin on substance. She created an atmosphere of high drama but left her audience with nothing but questions to which she was unable or unwilling to provide an answer. [...]
Government-backed bank fuels entrepreneurship for unemployed Brits November 4, 2025 The British Business Bank has announced that nearly £150m in loans has been handed to unemployed people to help them start their own businesses since 2012. The figure represents 22 per cent of all finance issued through the government-backed ‘start-up loans’ programme, which aims to support entrepreneurs who may find it difficult to secure funding [...]
Bank of England expected to hold interest rates in tight decision November 4, 2025 The Bank of England is expected to hold interest rates at four per cent despite some City forecasters suggesting that the votes of the Monetary Policy Committee (MPC) could tilt towards a 25 basis point cut. City traders believe the Bank will keep interest rates on hold to curb high inflation, which is nearly double [...]
‘We all have to do our bit’ – Reeves primes Brits for tax hikes November 4, 2025 Rachel Reeves has refused to rule out hiking taxes on millions of Brits as she said everybody will have to “contribute” to fix the UK economy. At a speech on Tuesday, the Chancellor said this year’s Budget would look to address the low productivity, curb inflation in order to prompt fresh interest rate cuts and [...]
FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall November 4, 2025 Welcome back to City AM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]
Wealthy parents ramp up gifts ahead of feared inheritance tax raid November 4, 2025 Parents are locked in a race to organise financial gifts and inheritance tax arrangements ahead of an anticipated clampdown at next month’s Budget, with some advisers reporting a doubling of transactions in recent weeks. Half a dozen lawyers and tax advisers told City AM that the widely expected overhaul of gifting rules at the Budget [...]