The radical Dry January approach we should all take January 8, 2026 With so many Millennials growing up and moving to the suburbs, and Gen Z famously not drinking as much, has Dry January lost its fizz? A recent YouGov survey from December 2025 revealed that just over half of British adults said they would not be avoiding alcohol in January 2026, and the vibe certainly matches [...]
London’s legal elites bask in booming pay packets January 8, 2026 While London shivers through a January cold snap, the city’s legal elite are basking in an earnings heatwave as salaries for City lawyers at major law firms have edged up over the last year. Over the 2024/2025 financial year, the average profit per equity partner (PEP) at the big firms, including Linklaters, A&O Shearman, Herbert [...]
The Capitalist: What happened to Dry January? January 8, 2026 In this week’s diary, property investment board games, new ways to ride the Tube and why Dry January seems like a distant memory WHAT HAPPENED TO DRY JANUARY? “I was gonna do it but then I went to the pub yesterday,” a senior City AM staff member admitted to The Capitalist, remarking on their own [...]
Peter Mandelson handed back £1.3m from consulting firm he founded January 8, 2026 A consulting firm founded by Peter Mandelson handed back £1.3m to the House of Lords peer prior to his departure from the business, the firm’s latest accounts reveal. Global Counsel, a London-based public policy consultancy launched by Mandelson in 2016, had been lent £1m by the disgraced politician with interest paid “at commercial rates,” white [...]
House prices expected to rise in 2026 after December dip January 8, 2026 UK house prices slipped slightly in December, as affordability issues and the fallout from the Autumn Budget dampened buyer appetite, but industry figures expect the market to pick up in 2026. House prices fell 0.6 per cent in the final month of 2025, bringing prices down by a further £1,789, following a 0.1 per cent [...]
FTSE 100 Live: Supermarket shares fall in trolley wars; M&S rises amid cyber recovery January 8, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100’s rally came crashing down yesterday as steep losses across commodities dragged the index into the red. Whilst one shouldn’t fret too much with the index still holding firm above its latest milestone, Wednesday’s 0.7 per cent drop still wiped over 70 points [...]
Labour MP Callum Anderson: Securing Starmer’s visit to London Stock Exchange took months January 8, 2026 We dig into the memory bank of the City's great and good. Today, it's Labour MP and former London Stock Exchange adviser Callum Anderson.
Star stockpicker Nick Train buys more shares in his Finsbury Growth trust January 8, 2026 Star fund manager Nick Train has ploughed over £200,000 into his struggling Finsbury Growth and Income Trust, in a further show of support for the 100-year-old trust’s investment strategy just weeks before a crunch continuation vote to mark its centenary. Train, who has managed the £1.3bn trust’s portfolio since 2000, bought 25,000 shares in the [...]
Got an oyster card? Then you’d better get used to paying more for less January 8, 2026 If freezing rail fares is vital for cutting the cost of living, why are transport costs in London rising sharply? Asks James Ford As part of his latest, desperate relaunch, beleaguered Prime Minister Keir Starmer has vowed to focus on cutting the cost of living for Britons this year. One of the key planks of [...]
Don’t buy into the negativity. Here’s why I’m optimistic for the UK economy January 8, 2026 the UK economy has been lost in a sea of headlines about its impending decline. Bob Wigley says he's done with the doom and gloomerism.