London families to shoulder nearly a quarter of all inheritance tax bills January 13, 2026 Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]
Uber drivers plot exodus as platform swerves ‘taxi tax’ January 13, 2026 Uber is staring down the barrel of a potential driver exodus as members of its fleet threaten to jump ship to rival apps or return to black cabs, following a new year contractual overhaul designed to swerve a huge VAT bill. Documents seen by City AM show a wave of fury in private messaging groups, [...]
Data centre planning applications rocketed more than 60 per cent in 2025 January 13, 2026 Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
Immigration law firm put up for sale on insolvency market amid visa crackdown January 13, 2026 A London law firm specialising in immigration services has been put up for sale on an insolvency marketplace in an early sign the government’s crackdown on visas has sparked a slump in applications. Woolwich-based A Vincent Solicitors, which employs more than two dozen staff and has a second office in Manchester, offered multi-lingual support services [...]
TfL to spend £100m a year on cleaning tubes amid graffiti spat January 13, 2026 Commuters will foot an annual £100m bill for cleaning tubes and buses over the next five years, City AM can reveal, with transport officials hoping a new provider will help to wipe out graffiti across the network. Transport for London (TfL), which is chaired by Mayor Sadiq Khan, revealed it signed a contract with the [...]
From Elton John to Kylie: 10 best alcohol free wines for Dry January January 12, 2026 The best alcohol free wines to try this month Put down that sad glass of tap water. If you are taking a break from alcohol, I have some of the very best options out there, none of which involve pretending you enjoy drinking London’s chalky, limestone-heavy water. Spoil YourselfEven in the driest of months, there [...]
‘Extreme shareholder destruction’: Fitzwalter dials up assault on Auction Technology Group January 12, 2026 Auction Technology Group management have been accused of overseeing a period of “extreme shareholder destruction” by its largest shareholder, in the latest salvo of a feud that has seen the auction platform provider rebuff 11 takeover approaches from the firm. In a blistering update to markets on Monday, Fitzwalter Capital said Auction Technology Group’s (ATG) [...]
BCG warns the era of ‘wait and see’ is dead as global risks hit all-time high January 12, 2026 As concerns over global policy uncertainty reached a 20-year peak in 2025, BCG is warning that the issue must be a core business capability, with dedicated teams. Business leaders cite trade reconfiguration, weakening multilateral institutions, and the weaponisation of economic tools as persistent threats to business continuity and competitiveness. However, a report by the IMD [...]
Mark my words: Starmer is set to approve China’s ‘super embassy’ January 12, 2026 Keir Starmer is set to travel to China and has appealed for business leaders to accompany him. You don’t do that if you’re anticipating holding a foreign government to account, says Eliot Wilson At the end of this month, Sir Keir Starmer is due to travel to China for the first visit by a British [...]
From Brexit to Berne: Financial services enter a new era of global cooperation January 12, 2026 2026 will be a year for collaborating with international partners to tackle shared challenges, reduce cross-border financing barriers, and promote investment, says Dame Susan Langley Henry Ford once said that “coming together is a beginning, keeping together is progress, but working together is success”. As global ambassador for the UK’s financial and professional services sector, my goal for 2026 is [...]