Labour urged to revisit non-dom regime to revive London economy March 16, 2026 Business leaders have urged Labour to overturn its abolition of the “non-dom” tax regime to stem an “exodus” of high-net worth figures leaving the capital. Lobby group BusinessLDN has called on the government to create an “Office for Tax Competitiveness” to identify where the UK loses out on attracting investment and growth due to stricter [...]
London-based insuretech Loxa bags £2.7m to expand across Europe March 16, 2026 London-based insuretech Loxa has completed a £2.7m seed funding round to expand its embedded insurance platform across the European retail market. The firm secured the investment in three separate tranches from a group of angel investors and family offices. The Lazaroo-Hood Group led the backing with further support from the Angel Investment Network, FundMyPitch, and [...]
Thames Water creditors offer ‘best and final’ rescue funding deal March 16, 2026 Thames Water’s creditors have offered a “best and final” offer deal involving new debt and equity in a bid to prevent it from falling into a special administration regime. Investment behemoths Elliott Management, Silver Point Capital, Invesco, PIMCO and other creditors behind the consortium London & Valley Water have presented Ofwat, the water regulator, with [...]
Michael Hayman elected chair of British Chambers of Commerce March 16, 2026 Michael Hayman has been elected the new chair of the UK’s leading business network, succeeding former management consultant Sarah Howard. Hayman will take the chair of the British Chambers of Commerce (BCC) after being picked unanimously by board members. As chair, Hayman will lead the network’s strategic direction as it supports business growth, lobbies the [...]
The relentless rise of unregulated finfluencers March 16, 2026 Accessing financial advice used to be out of reach for many. But now, it’s on your commute, at the bus stop, and most dangerously, in your pocket. Get out your phone, open any social media app, and you’ll see a young man or woman, backlit by a ring light holding a pocket microphone, promising to [...]
Second home stamp duty means 2m houses ‘missing’ from rental market March 16, 2026 More than 2m rental homes are missing from the market because of the second home tax imposed a decade ago, new research has found. Nearly ten per cent fewer homes are available to rent than was projected in 2016, when the stamp duty surcharge on second homes pushed millions of houses out of the reach [...]
Arsenal: Leading the digital charge as well as the Premier League March 14, 2026 If Arsenal lift the Premier League trophy this season, it won’t just be a victory on the pitch; the club could also win the race to redefine how fans engage with football online. Arsenal are building a quiet revolution, investing in digital platforms that house ticketing, merchandise and original content to pull fans deeper into [...]
Experian and OpenAI Launch the UK’s First Credit Score App Inside ChatGPT March 13, 2026 Combining the UK’s most trusted credit score with aggregated, anonymised data to give consumers contextual insights for better financial decisions This marks Experian’s latest step in promoting transparency and learning around credit scores, reinforcing its mission to “better your score, better your story” The new Experian Credit Score app is searchable in ChatGPT via @Experian UK
Free speech is under threat in Germany March 13, 2026 Historian and City AM columnist Rainer Zitelmann finds himself in the crossfire of Germany’s free-speech debate I will turn 69 in June, and it is the first time in my life that I have come into conflict with the law. At the beginning of February I received a letter from the Berlin police: “Written statement [...]
Businesses ‘yearning for stability’ says UK bank chief March 13, 2026 Businesses are “yearning” for stability, according to a top banking chief executive, as the turmoil in the Middle East threatens to upend the global economy. Ian Corfield, the boss of London-listed Secure Trust Bank, told City AM: “I think the reality is that even before things kicked off a month ago, obviously nerves were increasing. [...]