FTSE 100 Live: Diageo taps new top chief; private equity swoop November 10, 2025 Good morning from the City AM liveblog team, It’s a new week in the City and markets will be hoping for a recovery rally after tech jitters sent stocks deeper into the red on Friday. There’s a mixed bag of factors weighing on global indexes, namely the ongoing government shutdown in the US and the [...]
Andrew Griffith: ‘Tell us which City rules to slash’ November 10, 2025 Look at a UK companies’ annual report today and you will find a lengthy tome more likely to resemble a doorstop than something to provoke interest or excitement from investors. Much of this is the result of a vast expansion of corporate reporting requirements placed on businesses, starting with Labour’s Companies Act 2006 and pursued [...]
Co-op to open or refurbish dozens of stores amid cyber attack recovery November 10, 2025 The Co-op has said it is pushing forward with a number of new stores and major refurbishments as it bounces back from a damaging cyber attack. The retailer said 50 stores will be opened or re-opened by Christmas as it urged the Government to reform business rates ahead of the autumn Budget. It said reforms [...]
AI startups lead growth despite market jitters and IPO drought November 10, 2025 AI firms have driven a 44 per cent increase in the combined value of the world’s top 100 private tech firms, even as concerns grow that the AI boom could be overheating and Britain’s startups warn of a worsening funding climate. According to new data from PwC, the total valuation of the global top 100 [...]
COP 30 is a chance for Britain to lead the world in transition finance November 10, 2025 As world leaders gather in Brazil for COP30, London’s financial sector urges the UK Government to align public finance and policy to unlock billions in private investment for net zero – cementing the UK’s position as the global standard-bearer for credible, investable transition finance, says Chris Hayward As world leaders gather in Brazil for COP30, [...]
‘Reckless and self-defeating’: Leading wealth manager slams possible exit tax November 9, 2025 The head of a leading financial advisory and wealth management firm has slammed plans to impose an exit tax on wealthy Brits fleeing the UK, arguing it would leave lasting damage on the country. Reeves is reportedly looking at a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital [...]
Lady Mayor’s Show: Dame Susan Langley champions innovation in the Square Mile November 8, 2025 On Saturday, for the first time in nearly 700 years, the City of London’s Lord Mayor’s Show has been renamed the Lady Mayor’s Show. This follows the election of Dame Susan Langley DBE as the 697th Lord Mayor of London. While she is the third woman to hold the post, Dame Susan is the first [...]
Reeves eyes clampdown on salary sacrifice in latest stealth tax on high earners November 8, 2025 Rachel Reeves is preparing to tighten the rules on salary sacrifice schemes in what would amount to a stealth tax raid on pension savings, as the chancellor searches for ways to fill a yawning £30bn black hole in public finances. Reeves will use her November Budget to cap the amount that workers can pay into [...]
Business Leaders and Experts Urge for Smarter Planning in London November 7, 2025 London, 7 November 2025 – Business leaders, policymakers, and industry experts gathered last month at the Emmanuel Centre, Westminster “London – Opportunities and Obstacles for Growth,” organised by the Central London Alliance CIC. The event explored the challenges and opportunities shaping London’s economic future featuring six panel discussions delving into the key features of the [...]
Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up November 7, 2025 If there is one thing that is clear three weeks out from the Autumn Budget, it is that Chancellor Rachel Reeves will hike taxes. The Office for Budget Responsibility (OBR), which scores the economic impacts of the government’s policies and publishes forecasts on public finances, has been questioned for being over optimistic on measures such [...]