FTSE 100 Live: Reeves scrutinised, Fed interest rates decision, stocks suffer December 10, 2025 Good morning and welcome back to the City AM liveblog covering the FTSE 100 and other big market moves. Rachel Reeves is set for a showdown with MPs on the Treasury Select Committee later today while the Federal Reserve is expected to slash interest rates by 25 basis points by the evening. Reeves will begin [...]
Paramount takeover of UK sport cools despite Champions League grab December 10, 2025 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 onwards in an indication that a major expansion into sport from the global streaming platform is unlikely. As it stands the Champions League is likely to be broadcast in this country on Paramount+, while the entertainment network [...]
Covent Garden welcomes Guinness brewery December 10, 2025 Guinness has opened its fifth brand home in the heart of London as it hopes to capitalise on the growing popularity of the ubiquitous Irish stout. The mammoth £73m project in the middle of Covent Garden, which has taken six years to go from inception to completion, will see brewing return to the area for [...]
Time to get relaxed about high executive pay December 10, 2025 This week Anglo American walked back on a plan that would have seen its chief executive handed a tasty bonus for the completion of its merger with Teck after investor backlash. Shareholders may have had well-reasoned objections to a scheme that would have dealt boss Duncan Wanblad an award amounting to almost two-thirds of his [...]
Will Andrew Bailey be Santa or Scrooge this Christmas? December 10, 2025 The Notebook, where the City’s movers and shakers have their say, Today it’s Susannah Streeter with the pen Christmas spirit seems to have spread a lot faster this year. I’ve never seen so many trees up in windows quite so early and there seem to be more lights twinkling in the streets. After months of [...]
The Debate: Are Londoners safer drivers? December 10, 2025 A new survey has found that Londoners cause more accidents on country roads than their rural counterparts. But are sophisticated urbanites really more reckless drivers? YES: Rural roads are a deathtrap Picture this: It’s five o’clock on a December afternoon, completely pitch black, and a giant Rangerover comes hurtling round the corner, right wheel just [...]
Ed Sheeran pays himself over £40m after album success December 9, 2025 Ed Sheeran has paid himself more than £40m after the huge success of his latest album, it has been revealed. The music mega star received a dividend of almost £40.1m through his self-named business, Ed Sheeran Limited. The accounts filed with Companies House also show the firm’s turnover totalled £25.7m while it made a pre-tax [...]
Freedom of the city of London: more than just sheep on London Bridge December 9, 2025 If you mention the Freedom of the City of London, most people picture sheep crossing London Bridge – and yes, that quirky tradition still happens. But the Freedom is far more than a photo opportunity; it’s a living link to the City’s heritage and civic pride. Historical roots and medieval rights Dating back to the [...]
London Museum: inside the £400m cultural development at West Smithfield December 9, 2025 The London Museum is set to open at West Smithfield in 2026. It is one of Europe’s largest cultural developments and is backed by more than £400m in funding from the City of London Corporation and the Mayor of London, of which the City Corporation is contributing £222m. I recently toured the museum and met [...]
Stamp duty holiday first ‘meaningful change’ in a long time, says London Stock Exchange boss December 9, 2025 The London Stock Exchange has welcomed the government’s move to grant a stamp duty holiday to newly-listed entrants, hailing it the first “meaningful change” seen in a long time. Chancellor Rachel Reeves launched a three year stamp duty holiday for fresh listings on the London market in her Budget last month. The Treasury’s plans have [...]