Beyond the Barbican: meet the Square Mile’s Bridewell Theatre October 2, 2025 Other than the Barbican, the Bridewell Theatre is the Square Mile’s most significant live performance venue. Here they tell us why they should win at this year’s inaugural Toast the City awards, celebrating the best of the Square Mile later this month. Why does the Bridewell Theatre deserve to win a coveted Slice of Toast at the [...]
Thames Water creditors offer £4bn debt write-off October 2, 2025 Creditors of Thames Water have made a rescue offer for the failing company by allowing a £4bn write-off of their debt in return for changed targets on pollution incidents. The deal would see 25 per cent of Thames Water’s debt written off but the group, under the consortium London & Valley Water, would see regulators [...]
Shawbrook gearing up for £2bn IPO in boost to London market October 2, 2025 Specialist lender Shawbrook is preparing to announce intention of its London Stock Exchange debut – a move which could take place as soon as Thursday next week. Shawbrook’s private equity owner – Pollen Street Capital – is eying a £2bn valuation for the firm from the transaction. It comes amid a dire outlook for the [...]
Bayes Business School October 2, 2025 Bayes Business School is a leading global business school in the heart of the City of London, with a reputation for business excellence spanning more than 50 years. Our Executive MBA is a part-time programme is ideal for ambitious professionals aiming for senior leadership or C-suite roles. It equips you with the strategic skills, confidence, [...]
‘Grotesquely unfair’: 700,000 Brits caught in 60 per cent tax trap October 2, 2025 There are growing calls for the government to overhaul tax rules for top earners after fresh data obtained by City AM revealed just under 700,000 Brits are now caught in the so-called 60 per cent tax trap. Another 74,000 taxpayers were added to the punitive £100,000-£125,000 income bracket during the 2024/25 tax year, according to [...]
London AI startup Lupa raises $20m to modernise vet clinics October 2, 2025 Lupa, a London-based startup building modern software for veterinary clinics, has raised $20m (£16.5m) in a Series A round led by European VC Singular, just five months after securing $4m in seed funding. The software firm, founded in 2023, says it is tackling one of the most overlooked corners of healthcare: the $350bn global veterinary [...]
Rachel Reeves plots stamp duty exemption for newly listed shares October 2, 2025 There are growing hopes for a revival for London’s moribund IPO market after reports chancellor Rachel Reeves is preparing to unveil a stamp duty exemption on shares of newly-listed companies. The move, which is set to be announced at the forthcoming Budget in November, would remove the 0.5 per cent tax charge on the buying [...]
Exclusive: Arsenal close in on Visit Rwanda partnership extension October 2, 2025 Arsenal are in advanced talks to extend their controversial £10m-a-year commercial partnership with Visit Rwanda, the tourism arm of the East African country. The current agreement, which sees Visit Rwanda appear on the shirt sleeves of the men’s and women’s teams, was due to expire at the end of the season. It has also been [...]
FTSE 100 Live: Tesco shares rally; OpenAI nets $500bn price tag October 2, 2025 Good morning from the City AM liveblog team. The FTSE 100 is leading the City higher this morning as it continues to build on records sealed earlier in the week. The index rose 0.2 per cent to 9,464.91 this morning, following on from yesterday’s gains. Also continuing its rally was gold, propelled on by the [...]
Fenchurch Street’s new skyscraper looks great. Will it ever get built? October 2, 2025 The City of London Corporation has approved plans for another skyscraper in the Square Mile. Having had a look at the application, the building looks gorgeous and will surely make a great addition to the City’s skyline. I particularly like how the facade is interspersed with patches of greenery. But will it ever get built? [...]