Caroline Wayman: How I got through tough times at the Financial Ombudsman July 24, 2025 We dig into the memory bank of the City's top brass. Today, Caroline Wayman tells us how she got through tough times as head of the Financial Ombudsman.
Savills cuts estimate for house price growth over next two years July 24, 2025 Savills has cut its estimate for house price growth over the next two years as caution stalls the housing market, but expects looser mortgage rules to boost in the market in the medium term. The real estate giant cut its forecast for house price growth in 2025 from four per cent to one per cent, [...]
EXCLUSIVE: The Ned to launch members’ club in the countryside amid aggressive growth plans that echo Soho House July 24, 2025 City icon The Ned is set to open a “rural” estate in the UK as part of an aggressive expansion plan, with a first outpost in mainland Europe also in the pipeline. Group managing director Gareth Banner told City AM the company has three additional “very serious offers with either real estate owners or potential [...]
UK sees ‘small burst’ in hiring in sign of growth July 24, 2025 The UK labour market saw a “small burst” in demand for jobs in June but postings remain below levels seen last year, fresh data has found, with brutal tax rises introduced in April by Chancellor Rachel Reeves weighing on employers. In new jobs figures published by the Recruitment and Employment Confederation (REC) and Lightcast, the [...]
The Ned boss Gareth Banner interview: This brand is just getting started July 24, 2025 “Ten years ago, people would have laughed at the idea of doing something like this…” Gareth Banner is talking about City AM’s new Toast the City Awards celebrating all the things that make the Square Mile great, for which he has signed on as a judge. And Banner knows a thing or two about the [...]
Labour’s plan to gerrymander London’s mayoral election will backfire July 24, 2025 Giving the vote to teenagers may be getting the headlines, but Labour are also planning to rig London’s mayoral elections by restoring supplementary voting. It’s a plan based on dangerous assumptions, warms James Ford Labour is clearly panicking. There is a very real fear that, come 2028, the combination of a deeply unpopular Labour government [...]
FTSE 100 hits all-time high as trade deal hopes lift global markets July 23, 2025 The FTSE 100 closed at another all-time high on Wednesday on hopes the United States’ trade deal with Japan would spark a flurry of similar pacts between the Trump administration and America’s largest trading partners. London’s blue-chip index closed up 0.5 per cent to hit a record high of 9080 points, in the latest and [...]
Rachel Reeves’ matchmaker moment July 23, 2025 Finance bros and gals are often seen oozing confidence as they strut their stuff around the streets of the City of London, imagining they’re the main characters on hit show Industry. But it would be a mistake to assume these investor strategists, expert consultants and risk analysts are libertarian dreamers, swashbuckling Reagan fanatics and small-state [...]
Kemi Badenoch shuffles deckchairs on the Tory Titanic July 23, 2025 Kemi Badenoch’s shadow cabinet reshuffle saw plenty of promotions for yesterday’s men – but the party is on an inevitable course towards an electoral iceberg, says William Atkinson Over the weekend, I re-read London Fields, by Martin Amis. (This paper’s Opinion and Features Editor introduced me to the late author two years ago, and of [...]
Christopher Ward: US sales surge for luxury watchmaker July 23, 2025 Sales at luxury watchmaker Christopher Ward jumped by 50 per cent in its latest financial year fuelled by huge growth in the US. The business, which was founded by Christopher Ward, Mike France and Peter Ellis in 2004, has posted a turnover of £45.3m for the year to 31 March, 2025, up from the £30.5m it achieved in [...]