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      Nikhil Rathi, chief executive of the FCA.

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  • Healey: Squeezed businesses also need ‘breathing space’

    July 23, 2026

    Chancellor John Healey has said he is “just as concerned” by costs facing businesses as those facing households, adding that bosses also required “breathing space” to manage burdens from energy, labour and supply chains.  Echoing Andy Burnham’s pledge to provide “breathing space” on the cost of living, Healey said he would aim to ease cost [...]

  • ‘Businesses are not cash machines’ – Badenoch calls on Burnham to rule out tax rises

    July 23, 2026

    Kemi Badenoch has called on Andy Burnham to rule out tax rises as the new Prime Minister has made a series of small unfunded promises.  The Tory leader said Burnham seemed “like a nice guy” and had a “sense of humour” yet she ridiculed the Prime Minister’s early flurry of policies.  In her speech overlooking [...]

  • Mishcon de Reya hikes junior lawyer salaries to £110,000

    July 23, 2026

    Top City law firm Mishcon de Reya has upped its salaries to £110,000 for its incoming cohort of junior lawyers as the pay war continues to intensify. The firm, known for its high-profile disputes, has upped its newly-qualified salaries by 10 per cent, effective from September, while also increasing the salaries of first-year trainees to [...]

  • Experian accelerates AI-first experiences with ServiceNow AI Platform

    July 23, 2026

    Strategic partnership and platform integration fuels AI driven employee onboarding, third-party risk management, and governance.

  • Tax bill and Middle East weigh on Heathrow despite record numbers

    July 23, 2026

    Heathrow’s tax bill has more than doubled in the first half of this year, weighing on profit at the airport despite it bucking the Middle East conflict to enjoy record passenger numbers. The west London hub faced a £129m bill to HMRC in the six months to July, according to its latest update, up from [...]

  • Commonwealth Games must prove crises are thing of past

    July 23, 2026

    There is no evidence of Commonwealth Games fever in downtown St Peter Port. Guernsey, an island of 65,000 people, is sending 22 athletes to Glasgow 2026, down from 38 to Birmingham 2022. Colleagues on the island report far less public interest than four years ago. There you have these slimmed-down Games which start today in [...]

  • City law firms considering corporate-style models amid capital crunch

    July 23, 2026

    Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry corporates, a top legal finance firm has predicted. Speaking to City AM, Burford Capital’s chief operating officer, Travis Lenkner, and vice president, Patrick Savage, said City law firms that would never traditionally sell a controlling [...]

  • Get ready for new energy minister Miatta Fahnbulleh’s war on London’s drivers

    July 23, 2026

    You may not have heard of Miatta Fahnbulleh, but she has a long history of writing bonkers papers for lefty think tanks proposing more low traffic neighbourhoods and ultra low emmissions zones all across London, says Arthur Reynolds If you thought Ed Miliband’s departure from the energy department marked the end of Labour’s eco-lunacy, I’ve [...]

  • Andy Burnham should show London he cares by funding this one transport project

    July 23, 2026

    The ascendancy of the ‘King of the North’ has spooked London. James Ford outlines that this can easily be fixed by greenlighting the West London Orbital Railway London is anxious. The new Prime Minister is not just something of an unknown quantity, but – worse still – he is (whisper it quietly) Northern. Now, we’ve [...]

  • Aspire’s David Collyer: my curry catastrophe at the Cinnamon Club

    July 23, 2026

    Square Mile and Me: We dig into the memory bank of the City’s great and good. Today, David Collyer, global senior vice president at Aspire, on being a Ferrari fan and a curry catastrophe What was your first job?  A paper round – I used to dread Sundays because of the broadsheets but it’s where [...]

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