Mounjaro maker launches High Court action to block counterfeit drug sites Legal US pharma giant Eli Lilly has launched legal action in the London High Court to block black-market websites selling ‘fake versions’ of its medicine. Eli Lilly, the pharma giant behind the weight-loss drug Mounjaro, instructed American legal heavyweights Kirkland & Ellis to file a case in the English High Court, which appeared in the public [...]
The Capitalist: City AM reporter gets royal trashing by AI slop Life&Style 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 [...]
Fresh tube strikes planned over four months London A series of tube strikes have been planned between November and February as unionised train drivers hit out at four-day working week proposals. The National Union of Rail, Maritime and Transport Workers (RMT) has announced that tube drivers will launch industrial action for a total of eight days, starting on Thursday 26 November. The rolling [...]
Soaring fuel costs hit profit at British Airways owner IAG November 6, 2026 British Airways owner IAG has taken a hit to its profit due to “very high” jet fuel prices, which industry bosses have warned could force some airlines into collapse next year. The London-listed firm, which also owns airlines Vueling and Aer Lingus, saw its pre-tax profit dip 16 per cent to €3bn in the nine [...]
House prices suffer biggest drop in three years November 6, 2026 House prices suffered their biggest fall in more than three years in October, with buyers’ confidence now in danger of slumping lower after Thursday’s interest rate hike. The average house price in the UK fell by 1.2 per cent to £296,285 in the 12 months to October, according to the Lloyds house price index. This [...]
Tottenham Hotspur pledge to help tackle spiralling Neets crisis November 6, 2026 Tottenham Hotspur have pledged to help tackle the spiralling Neets crisis with a flurry of measures that include a university campus at their north London stadium. In a move that Work and Pensions Secretary Pat McFadden has called “further evidence of the leading role football has to play in helping create opportunity for young people”, [...]
FTSE 100 Live: Stocks sink as tech rout deepens; oil below $100 November 6, 2026 Welcome back to City AM‘s FTSE 100 liveblog. It’s Friday morning 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 early trading to 10,605p. It follows South Korea’s Kospi index tumbing more than five per cent, triggering [...]
What will London look like in 2050? November 6, 2026 To remain globally competitive while adapting to a changing climate and the GLA’s draft London Plan, the Square Mile must embrace tree-lined streets, living walls, and retrofitted skyscrapers, says Greg Pitt London is used to change, transforming from a Roman settlement into a global financial centre. The GLA’s draft London Plan gives a good indication [...]
Festus Akinbusoye: I’m more fun than Cleverly November 6, 2026 The Conservatives are on the hunt for their candidate for the London mayor elections in 2028. Mauricio Alencar spoke to one Sir James Cleverly’s challengers, Festus Akinbusoye. Festus Akinbusoye imagines what a London under his leadership would look like: outdoor cinemas set up by London’s beauty spots, thousands more police officers on the streets, celebrities [...]
‘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 [...]