UK government borrowing since April hits £60bn August 21, 2025 The UK government borrowed a total of £1.1bn last month, according to the Office for National Statistics (ONS), compared to £2.3bn last year and below the fiscal watchdog’s £2.6bn forecast. The total deficit hit £60bn in the months since April, which is £6.7bn more than in the same four-month period of 2024 and the third-highest [...]
Notting Hill Carnival 2025 is make or break for Sadiq Khan August 21, 2025 Mayor Sadiq Khan has staked his reputation – and your cash – on this year’s Carnival going off without a hitch, writes James Ford.
GPT-5 is terrible – and that’s a good thing August 21, 2025 GPT-5 failed to wow users, but its less flashy delivery signals a positive shift for AI from at-all-costs advancement to actual use-case.
Moneybox’s wealth focus helps treble inflows to record high August 21, 2025 Moneybox secured its second consecutive year of profitability in 2024 after swathes of new customers poured billions into the firm. The investment platform‘s net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent. Assets under management also more than doubled to £11.7bn as the fintech’s [...]
Lunchtime Tourism: London’s amazing Temple of Mithras August 20, 2025 The City of London is one fifth Roman. The Londinium that was founded 2000 years ago lasted just over 400 years, and gave us (amongst other things) London’s first private members’ club, The Temple of Mithras. And it’s still here. The Walbrook Club is one of the City’s most exclusive hangouts but right opposite is [...]
Eat, Drink, Sleep, Repeat: The best London and New York restaurants August 20, 2025 Our Toast the City judge Martin Williams gives his bi-weekly opinion on all things dining. This week he splits his time between London and New York. There has been a good amount of excitement in the hospitality sector as of late, with JKS and Dishoom both heading to America on expansion trails. Last weekend I, [...]
Trustpilot: Can reviews site really be trusted? August 20, 2025 Trustpilot’s CEO has insisted his reviews site “isn’t perfect” but wants to be “the universal symbol of trust”. Speaking on the latest episode of City AM‘s Boardroom Uncovered show, Adrian Blair defended the FTSE 250 business when asked whether Trustpilot could actually be trusted itself. Since being founded in 2007 by Peter Holten Mühlmann, the [...]
Can nostalgia save Topshop? August 20, 2025 With Topshop set to return to the high street next week, Becky Mailen asks whether nostalgia alone will be enough to save the brand.
Forest hikes e-bike prices amid fragmented London market August 20, 2025 Forest, the e-bike operator recently licensed by Hounslow Council, has announced it is raising its “pay as you go” service fee by 50 per cent to £1.50, citing a doubling of the fees charged by London boroughs to operate. The price hike comes just weeks after City AM revealed that Hounslow Council awarded a lucrative [...]
Bank Holiday picks: Silverstone, Hundred and Rugby World Cup August 20, 2025 In case you have forgotten it is Bank Holiday weekend across the coming days. With that, and the extra day off, in mind, City AM has compiled its top three things to do in the August sun. From right here in the Square Mile to further afield, we have you covered with our top three [...]