Reeves’ LLP tax raid will trigger an exodus of family doctors October 24, 2025 Rachel Reeves plan for a tax hike on partnerships will decimate the GP workforce – and her government’s plans to turn the NHS around, says Katie Collin We’re now a month nearer to Reeves’ second Autumn Budget, and the speculation has come thick and fast. But of all the tax raids potentially on the horizon [...]
AI drives surge in fraud as criminals turn to more sophisticated scams October 24, 2025 Fraud losses hit £629m in H1 2025, driven by new investment scams and record card fraud, as AI enables criminals to commit more sophisticated scams. For the first six months of 2025, there were over 2m confirmed fraud cases, a 17 per cent increase, according to trade body UK Finance, as criminals stole £629.3m, a [...]
FTSE 100 Live: Natwest ups guidance, Retail sales rise October 24, 2025 Good morning from the City AM liveblog team. As we get closer and closer to the Budget, businesses are becoming more and more vocal on their concerns over what could be in store. Yesterday it was the turn of London estate agent Foxton’s, which warned of softened demand as a result of Budget uncertainty. “Macroeconomic [...]
Scrap stamp duty on shares or risk FTSE 100 exodus, Peel Hunt warns October 24, 2025 The government must scrap stamp duty taxed on share trades or risk a growing number of firms quitting London for the New York Stock Exchange, investment bank Peel Hunt has warned. As much as £200m is already set to be lost from government tax receipts by the decision of Astrazeneca, the FTSE 100’s largest constituent, [...]
A mansion tax would hit ordinary Londoners and stall the market October 24, 2025 A rumoured tax raid on sales of properties over £1.5m would be a disaster for Londoners, says James Evans With the Treasury neither confirming nor ruling out the prospect of a so-called ‘mansion tax’ – a capital gains levy thought to be based on the sale of primary residences above £1.5m – uncertainty is already [...]
City AM crowns the capital’s best at Toast the City Awards 2025 October 23, 2025 London’s Square Mile played host to a celebration of culinary and cultural excellence last night at City AM’s inaugural Toast the City Awards 2025. Supported by five Business Improvement Districts, the Eastern City, Culture Mile BID, Aldgate Connect, Cheapside and Fleet Street Quarter, Toast the City awards was the first ever ceremony celebrating Square Mile [...]
New watches: Our favourite colourful chronos to beat the winter blues October 23, 2025 From London Time, three colourful chronograph watches to beat the winter blues BELL & ROSS BR-X3 NIGHT VISION Looking like something Neo would wear in The Matrix, Paris’s military watchmaker has instead been inspired by head-up displays (HUD) from the cockpits of the Rafale fighter jets, whose pilots they supply. A stealthy case in ‘LUM-CAMO’ [...]
UK justice ministry adopts ChatGPT to cut red tape October 23, 2025 OpenAI has signed a new agreement with the UK Ministry of Justice (MoJ) that will see 2,500 civil servants gain access to ChatGPT, as the government prioritises rolling out AI to modernise public services. Announced on Thursday at the OpenAI frontiers conference in London, the move forms part of a broader deal signed earlier this [...]
From Hublot to Bulgari, why watch collabs are so hot right now October 23, 2025 Watch collabs are so hot right now, fit for a Bond Street gallery as well as boutique Unless you count Andy Warhol’s love of his stopped Cartier, the ‘watch as canvas’ trend was arguably coined by ‘watch as fast fashion’ brand Swatch. Back in the 1980s, the plastic-fantastic pioneer got its palette and oils out [...]
NBA rocked as FBI arrests stars Billups and Rozier in illegal betting probe October 23, 2025 The NBA has been rocked after Hall of Famer Chauncey Billups and Miami Heat point guard Tony Rozier were arrested by the FBI as part of a probe into alleged “illegal gambling schemes”. Billups, who became a five-time NBA All Star during a 17-year career most famously with the Detroit Pistons and is now coach [...]