B&M shares tumble as CFO quits after huge accounting blunder October 20, 2025 Shares in B&M have tumbled as the firm’s finance officer has quit following an accounting blunder that led to the company overstating its profits. The FTSE 250 retailer said it had failed to recognise as much as £7m in overseas freight costs, which disappeared from its forecasts “following an operating system update.” As a result, [...]
Prize draw operator Winvia plots London float October 20, 2025 The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares at an expected valuation of around £200m. Winvia [...]
FTSE 100 Live: Fresh London IPOs, L&G in £2bn plan October 20, 2025 Good morning from the City AM liveblog team. Markets have opened, and here are some of the movements so far on the London Stock Exchange: As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed [...]
Build, baby, build? Not without serious property tax reform October 20, 2025 YIMBYs are right about planning reform, but we must also urgently tackle our broken property tax system to beat the housing crisis.
Rachel Reeves’ growth policies scored by City AM October 20, 2025 As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed to restore her £9.9bn fiscal headroom. The fiscal black hole facing the Treasury could be between £20bn and £30bn due to higher borrowing costs, productivity [...]
Lord Mayor: Armed Forces should mine London’s fintechs for reserves October 20, 2025 A strong defence and a thriving economy are two sides of the same coin. The Armed Forces should utilise the City's talent.
Thousands march through London to protest digital ID plans October 18, 2025 Thousands of protesters have marched through central London to show their opposition to digital ID plans. Under strict police conditions, demonstrators chanted and waved banners along a route from Marble Arch to Whitehall on Saturday afternoon. The Prime Minister announced in September that a digital ID system would be introduced in 2029 and would be [...]
Reeves seeks to boost UK share ownership in ISA overhaul October 18, 2025 Chancellor Rachel Reeves is looking to boost UK share ownership as part of her plans to overhaul ISAs, with potential measures including a minimum holding of British companies and a stamp duty tax break. The move is an evolution of the previously scrapped Conservative plan to create a ‘Brit ISA’ and comes as Reeves searches [...]
‘Capital is at risk’: The phrase that spooked too many Brits out of investing October 17, 2025 Yes, capital is at risk – but so is opportunity if UK capital remains idle, unproductive and disconnected from national growth.
Sadiq Khan to blame for slump in London housing starts, think tank says October 17, 2025 Sadiq Khan is to blame for a dearth in housebuilding in London, a leading think tank has warned, as new construction projects slumped to their lowest level seen in years. A perfect storm of challenging macroeconomic conditions, needlessly stringent regulation and a sluggish planning process has helped push construction rates down to just 4,170 housing [...]