What could a bank tax raid mean for JP Morgan’s Canary Wharf mega-tower? Banking When Jamie Dimon and John Healey first exchanged remarks, the world’s most influential banker told the Chancellor how important it was to get public policy right. The Wall Street chief is understood to have said the right public policy was the key to solving the issues facing global economies, according to those close to the [...]
As it happend: FTSE 100 edges up as tech rebounds from sell-off; Oil set for weekly gain FTSE 100 Live Welcome back to City AM‘s FTSE 100 live blog. London’s blue-chip index has dipped this morning as tech stocks rebound after a sell-off earlier in the week. Over in Asia, equities bounced back overnight, reversing some of the losses from a heavy selling session after investors ditched their tech exposure following questions around cloud company [...]
Robert Jenrick hits out at Deloitte and KPMG over job cuts Politics Reform UK’s Robert Jenrick has criticised Big Four giants Deloitte and KPMG for laying off British staff, alleging they did so while “importing thousands of migrant workers”. In his latest video post, standing outside Deloitte’s London HQ, the MP said Deloitte “laid off 800 UK staff” but that “over the last five years, they have [...]
Can cinema save us from snap judgment? Inside Bruno Wang and the Pure Land Foundation’s Liberatum debate in Venice October 15, 2026 At a new Venice International Film Festival programme, filmmakers asked whether cinema can restore the context lost when a person is reduced to a viral fragment. On 7 September 2026, international cultural diplomacy organisation Liberatum launched Liberatum Art & Cinema at Palazzina Grassi during the 83rd Venice International Film Festival. Supported by the Pure Land [...]
Nvidia’s $250m UK AI bet sparks warning over ‘foreign dependence’ October 15, 2026 Nvidia’s $250m investment in the UK’s AI safety research risks deepening the country’s dependence on American tech unless ministers ensure researchers retain control over safety standards, analysts have warned. The world’s most valuable company has pledged $50m a year in computing power over five years to support British research into autonomous AI agents, alongside plans [...]
Culture secretary Lisa Nandy ‘minded to intervene’ in Sky takeover of ITV October 15, 2026 Culture secretary Lisa Nandy is “minded to intervene” in Sky’s proposed £1.6bn takeover of ITV’s media and entertainment arm. In a statement to MPs, she said: “Having considered the anticipated merger, I am of the view that there are reasonable grounds to believe that it might affect availability of a wide range of high-quality and [...]
Healey’s £1bn London office raid would be ‘attack on growth’ October 15, 2026 John Healey’s potential £1bn raid on London offices would be an “attack on growth” and deal a huge blow to the City, property firms have warned. The Chancellor is weighing up an increase to business rates for expensive office blocks and skyscrapers which would raise £1bn for the Treasury but disproportionately hit the capital’s business [...]
Cloth Cornhill review: A London icon returns – and it’s fabulous October 15, 2026 Standing in the teeny tiny, Netflix-Christmas-film-coded courtyard outside Cloth Cornhill, I feel sad. This opening drills the final nail in the coffin of the former Simpsons Tavern, the capital’s oldest chophouse, which was on this site since 1757. Everyone’s got a story about whose fault it is that that chophouse closed. Rumours range from the [...]
ClearBank CEO: If there’s a fire, run towards it October 15, 2026 Mark Fairless, CEO at ClearBank Group, takes us through his career, from Tesco to fintech, in today's Square Mile and Me.
The Capitalist: Burnham’s hiring spree, cyclist crackdown and a non-Banksy Banksy October 15, 2026 Hasty hiring, cyclists being shamed and a non-Banksy Banksy; catch up on the latest City gossip in this week's edition of The Capitalist.