What if Andy Burnham had become Labour leader in 2015? June 24, 2026 On his third try, Andy Burnham looks all but certain to become Labour leader. But what if he had taken the reins of the party eleven years earlier? Matt Kenyon imagines an alternative timeline… 2015 It’s a world that looks a lot like our own. There’s just one, seemingly minor, difference: A cluster of well-meaning [...]
London homeowners should stand up to Burnham’s property tax grab plans June 24, 2026 Andy Burnham has previously a ‘proportional property tax’ which would mean Londoner’s taxes going to pay for leisure centres in the North, says Charles Amos When it comes to the question of Britain’s most hated tax, council tax is only beaten by inheritance tax. Yet for Andy Burnham its reform and increase of the upper [...]
Tax the robots to fix our jobs crisis June 24, 2026 Starmer leaves parliament with a jobs crisis in his wake. I urge his successor to tax tech rather than humans, writes James Reed.
London fund manager Redwheel taps bankers for £150m sale June 24, 2026 London-based fund manager Redwheel has called in bankers to run a potential sale process which could value the company at more than £150m, City AM can reveal. Redwheel, which manages around $22bn for clients across four equity and bond strategies, has recently begun working with London-based advisers at BNP Paribas to review its options after [...]
A decade after Brexit, what does the City want next? June 24, 2026 The 46th floor of the iconic One Canada Square building was once home to the European Banking Authority. Towering over a sea of skyscraper headquarters adorned with the biggest names in finance, the watchdog’s office was both a nod to its regulatory might, turbocharged by the fallout from the 2008 crash, as well as to [...]
JD Sports becomes latest blue-chip to trade on New York market June 24, 2026 JD Sports has become the latest blue-chip firm to trade its shares onto a New York market in an attempt to boost its appeal to American investors without having to shift its listing to the US. On Wednesday, the retail giant will begin trading on OTC Markets’ over-the-counter market in America, City AM can reveal, [...]
Elliptic Intelligence Used by the FBI in Action Against Huione, the $134 Billion Criminal Marketplace and Money Laundering Operation June 23, 2026 Elliptic, the global leader in digital asset decisioning, today announced that its intelligence was used by the Federal Bureau of Investigation in today’s action against the operators of Huione Group. The Justice Department announced the seizure of a cloud computing account used by subsidiaries of the Huione Group, a Cambodia-based corporate conglomerate. First exposed by [...]
Terry Smith sells Magnum stake weeks after Unilever salvo June 23, 2026 Star stockpicker Terry Smith has offloaded his entire holding in Unilever spin-off Magnum Ice Cream just weeks after exiting his stake in its former parent company, which he accused of abandoning the priorities of its long-term investors. Smith, the feted fund manager who runs the £12.7bn Fundsmith Equity Fund, dumped his stake in Amsterdam-listed Magnum [...]
Former Bank of England rate-setter to become next OBR chair June 23, 2026 A former rate-setter at the Bank of England and member of City AM’s Shadow Monetary Policy Committee is set to become the chair of the Office for Budget Responsibility, the fiscal watchdog which has come under pressure from MPs and inadvertently leaked last year’s Budget. Jonathan Haskel, professor of economics at Imperial College London, will [...]
Celebrate Christmas in style at Olympia with bespoke festive events June 23, 2026 The festive season is all about bringing people together, and there’s no better place to host an unforgettable end-of-year celebration than Olympia. Following its landmark transformation, Olympia is opening its doors to businesses looking to celebrate Christmas in one of London’s most iconic event destinations. Whether you’re planning an elegant drinks reception, a spectacular awards [...]