Labour urged to rethink donor incentives for museums amid non-dom exodus January 29, 2026 The exodus of non-doms from the UK is having a knock-on effect on philanthropy, with museums now urging the government to bring back generous donors. Museums, such as the British Museum and Tate Modern, acquire expensive, world-class paintings primarily through a mix of public funding, major grants from organisations and private philanthropy. However, with the [...]
Mining M&A hits new highs after $93bn worth of deals in 2025 January 29, 2026 Global merger and acquisition activity in the mining sector hit a thirteen year high last year, as demand for critical minerals ramped up. The aggregate value of global mining M&A activity hit $93.7bn (£67.9bn), the highest annual total since 2012 when $129.3bn of transactions were recorded, according to the latest survey from law firm White [...]
Full map of closures: Santander axes another 44 branches putting 291 jobs at risk January 29, 2026 Santander has made another cull to its branch network as the Spanish banking giant ploughs ahead with its digital transformation. The lender said it would close another 44 branches, which will put 291 jobs at risk of redundancy, as the bank turns its focus to its digital offer to keep at pace with its fintech [...]
FTSE 100 Live: Miners lead stock rally; Pound holds onto gains January 29, 2026 Good morning and welcome back to the City AM liveblog. Is President Donald Trump trying to devalue the dollar? That’s the question many in the City and across global markets were asking yesterday after Trump referred to the dollar dropping 1.3 per cent against a basket of currencies as “great”. The President’s triggered another 0.2 [...]
LSEG axes Financial Times subscriptions amid FTSE coverage retreat January 29, 2026 The operator of the London Stock Exchange has cancelled hundreds of corporate subscriptions to the Financial Times, City AM understands, in a move that could end a decades-long relationship between the two City institutions. LSEG is understood to have taken the decision in response to the paper’s gradual retreat from coverage of the London markets, [...]
Fintech founder Adam French: I wish the City would be braver January 29, 2026 Each week, we dig into the memory bank of the City's great and good. Today, we speak to Adam French, partner at early-stage VC firm Antler.
10 years of Laver Cup: Nerves, serves and Federer’s ‘lucky’ London farewell January 29, 2026 Tony Godsick vividly remembers the day, exactly 10 years ago, when he and Roger Federer, his biggest client, went public with their big idea: the Laver Cup. “I was nervous,” Godsick tells City AM. “I had been in the sport for a long time already, and this concept was screaming to be done, but no [...]
UK dividends jump in the final financial quarter of 2025 January 29, 2026 UK dividends rose in the final quarter of 2025, lifted by better than anticipated payouts across a range of sectors. Dividends jumped 1.3 per cent on a headline basis to £14.3bn, according to the latest dividend monitor figures from financial services company Computershare. Regular dividends, excluding one-off special payments, rose to £13.9bn, up 2.1 per [...]
Alta review: Serious Spanish food amid the Carnaby crowds January 28, 2026 Alta, Kingly Ct, Carnaby, W1B 5PW | Nearest Tube: Oxford Circus With its jolly pink furniture and candy-striped awnings, Kingly Court has an air of unreality. It’s a Disneyfied version of what food culture might look like if it were imagined by a private equity firm, a place designed to house tourists grappling with their disappointment [...]
TfL wants to create a publicly owned bus company for London January 28, 2026 Transport for London (TfL) is working on plans to create a publicly owned bus company to compete against private operators in the capital. In its draft business plan, detailing investment priorities for the rest of the decade, TfL said “we will develop detailed proposals for a new publicly owned bus company”. “We will assess how [...]