Tube strikes: Londoners braced for RMT walkouts from next week April 16, 2026 A series of six Tube strikes will start from next week, which have been described by Transport for London (TfL) as “completely unnecessary”. In a fresh blow to London businesses, the entire London Underground network will be disrupted for two 24-hour chunks – from midday Tuesday to Wednesday – and then the same time period [...]
Nick Candy eyes payday after £275m home sale to Labour donor April 16, 2026 Reform UK fundraiser Nick Candy is looking to cash in on his assets after it was revealed that he sold his £275m home to a former Labour donor in what was put down as the largest house purchase in history. Quadrature Capital’s Suneil Setiya bought the hidden Chelsea mansion from Candy, according to the Financial [...]
‘Soul destroying’: Why London’s luxury property market has taken the biggest hit in a decade April 16, 2026 It’s been almost three years since Emma first put her Kensington home on the market. With an initial asking price of just over £4m, she turned down a number of early low-ball offers before accepting one only slightly below what she’d wanted. But after months of dithering, the buyer pulled out at the last minute. [...]
Cognac: The storied history of France’s luxury spirit April 16, 2026 Whisky Business: City AM’s monthly look at the world of whisky. This week, a look at the world of Cognac. Cognac is one of the world’s most storied spirits. Created around 500 years ago, more out of necessity than anything else, Cognac is today associated with luxury, high-end quality and refined craftsmanship. The story of its [...]
Beauty Tech Group profits jump following London IPO April 16, 2026 The Beauty Tech Group has posted stronger-than-expected annual results after its London listing last year, with revenue and profits surging as demand for at-home beauty devices continued to grow across international markets. The Manchester-founded business, which floated on the London Stock Exchange in October at a valuation of about £300m, told markets on Thursday that [...]
Easyjet shares grounded after revealing £560m hit from Iran war April 16, 2026 Easyjet expects to make a whopping loss in the first half of the financial year after the war in the Middle East led to major disruptions across operations. The budget airline said on Thursday it is forecasting a loss before tax of between £540m and £560m as the industry battles against rising costs. Shares in [...]
FTSE 100 Live: Entain leads modest stock jump; Surprise growth ‘pushed to rear view’ April 16, 2026 Good morning and welcome back to the City AM liveblog. Markets are betting the latest round of peace talks will bring some resolution to the conflict in the Middle East. US markets managed to clinch a record high close on the latest news of peace talks but in London the FTSE 100 splintered and finished [...]
On this day in 1660: The birth of Sir Hans Sloane, father of the Sloane Ranger April 16, 2026 On this day, 16 April, in 1660, Sir Hans Sloane, whose name would later be lent to London socialite class the Sloane Rangers, was born.
The new V&A East Museum is a bold addition to Stratford April 16, 2026 If the purpose of art is to provoke a reaction, the V&A East Museum manages that feat before you’ve even stepped across its threshold. Design studio O’Donnell + Tuomey’s £135m creation is a mad-looking thing, an impossible collection of angles and aspects, animalesque, squatting on its haunches beside Sadler’s Wells and overlooking West Ham’s London [...]
Exclusive: Treasury and regulator to hold crunch talks with UK fintech unicorns April 16, 2026 Top fintech bosses will lock horns with Treasury and watchdog officials next week as the industry lobbies for key regulatory reforms, City AM can reveal. Several of the nation’s fastest-growing companies are set to meet City Minister Lucy Rigby on Tuesday as part of a flurry of key summits in UK fintech week. The City [...]