Majestic Wine blames Reeves’ tax hikes as profit slashed January 7, 2026 Majestic Wine has blamed Rachel Reeves and her tax policies for its profit almost slashing in half during its latest financial year. The Watford-based business said the “economic environment became more challenging” during the 12 months to 31 March, 2025, especially after the general election and the Chancellor’s first Budget. The chain added that these [...]
I Squared Capital Acquires Ramudden Global, a Leader in Traffic Management and Infrastructure Safety January 7, 2026 Acquisition will accelerate Ramudden’s ambitious growth plan across North America and Europe supported by strong infrastructure spending tailwinds
Bankers eyeing warning signs for credit cycle downturn, says JP Morgan chief January 7, 2026 Bankers are paying close attention to early warning signs of a downturn in the credit market, a top JP Morgan executive has told City AM, as economic uncertainty and a spate of corporate collapses spark lender caution. Filippo Gori, co-head of Global Banking at JP Morgan, cited a rise in rates of fraud as well [...]
FTSE 100 Live: Stock rally cools; Oil tumbles amid Trump tensions January 7, 2026 Good morning and welcome back to the City AM liveblog. The London stock market has opened on a dimmer mood with morning with both the FTSE 100 and FTSE 250 trading into the red. The blue-chip index was hit by the falling price of oil with major stock losses across energy giants Shell and BP. [...]
The Debate: Should we bring back Saturday jobs? January 7, 2026 Employment tsar Alan Milburn says the decline of the Saturday job has left young people ill-prepared for work, but is it true?
Slow Berne: The UK-Switzerland financial services agreement is a quiet Brexit victory January 7, 2026 The Berne Financial Services Agreement is a mature, alignment and recognition deal that replaces regulatory empire building with mutual recognition, and political symbolism with commercial reality, says Tim Focas New Year is usually a moment for resolutions, reflection and overconfident promises about the year ahead. Politics, by contrast, tends to start January exactly as it [...]
Robotaxis are coming – how will London respond? January 7, 2026 The planned launch of autonomous ride services, starting with Uber in 2026, marks a major shift for London’s streets, repositioning mobility as a software-governed infrastructure that will redistribute control over pricing, liability and data, says Paul Armstrong A structural shift is forming on London’s streets, and too many businesses are still treating it as a [...]
Angela Rayner in Downing Street tops banker fears January 7, 2026 Angela Rayner taking to Downing Street poses one of the top risks to the banking sector heading into 2026, top analysts have warned. The former Deputy Prime Minister and darling of the Labour left is among names tipped to take the top job as Sir Keir Starmer fights to save his premiership amid all-time favourability [...]
PMG Expands Influencer Marketing Capabilities with Acquisition of London and New York-based Digital Voices January 6, 2026 – Addition enhances PMG’s ability to connect culture, media, technology, and creator marketing to drive greater impact for customers globally –
Accenture bets on British AI talent with Faculty buy January 6, 2026 Professional services firm Accenture has announced the acquisition of London-based AI specialist Faculty, in a deal that cements the City’s role as a global talent hub. The Dublin-based US firm said the acquisition will bring more than 400 AI specialists into Accenture’s workforce, deepening its capabilities in applied AI, decision intelligence and AI safety. The [...]