Motorway CEO: How I built my $1bn empire after a huge failure June 16, 2025 The co-founder and chief executive of used car marketplace Motorway has opened up about how he helped to build a $1bn empire from scratch following the biggest failure of his career. On an up-coming episode of City AM’s Boardroom Uncovered show, Tom Leathes also revealed how he and his fellow founders landed on the car [...]
Peel Hunt: City broker makes a loss amid economic headwinds June 16, 2025 Investment bank Peel Hunt faced the pinch of economic and market struggles in its latest financial year as cost-cutting measures took a chunk out of the firm’s bottom line. The City broker made a loss before tax of £3.5m, which the firm said was due to restructuring costs. But the company recorded a profit of [...]
Macquarie nears deal for slice of London City, Birmingham and Bristol Airport June 15, 2025 Macquarie is close to a multibillion pound deal for stakes in London City, Birmingham and Bristol Airport. The Australian infrastructure investor is this weekend finalising terms with the Canadian pension fund Ontario Teachers’ Pension Plan (OTPP), according to the Sunday Times. OTPP owns 25 per cent stake of London City, 27 per cent of Birmingham [...]
UK investigators arrive in India for plane crash June 14, 2025 UK air accident investigators have arrived in India as tributes continue to pour in for victims of the Air India plane crash. The Boeing 787 Dreamliner crashed shortly after take-off on Thursday in what is one of the deadliest plane accidents in terms of the number of British nationals killed. The aircraft struck a medical [...]
Metro Bank receives private equity-backed takeover interest June 14, 2025 High street lender Metro Bank has been approached for a takeover which could take it off the London Stock Exchange, Sky News has reported. Bosses at Metro Bank have reportedly been approached in the last two weeks by private equity firm Pollen Street about an offer to take it private. The takeover would follow a [...]
Pubs and bars to watch the Club World Cup in London June 14, 2025 The Club World Cup kicks off this evening (well, at 1am tomorrow morning) with 32 teams looking to win a trophy few really wanted to fight for a couple of months ago. But it is a great chance for Londoners to have a late night drink and watch some random clubs, including Manchester City and [...]
London Tech Week day 5: Semiconductors must become a UK strategic priority June 13, 2025 If London is serious about shaping the next era of tech, we must treat semiconductors as vital national infrastructure, writes Russ Shaw.
Toast the City: Jeff Wayne’s War of the Worlds Immersive Experience is unmissable June 13, 2025 This autumn City AM will launch Toast the City, an awards celebrating all the places that make the Square Mile the vibrant, exciting location it is – and we need YOUR help. The Toast the City Awards will recognise the institutions old and new – and the men and women behind them – that make our lives that little [...]
Gold rallies to near-two month high as Middle East conflict intensifies June 13, 2025 Investors were flocking to gold on Friday after Israel’s attack on Iran sparked a demand for the safe haven asset. The rush sent gold prices up one per cent to their highest level in nearly two months at $3,441.90 The bullion pulled on track for a weekly gain as the Middle Eastern conflict ramped up. [...]
SXSW London 2025: How will AI change the UK tech space? June 13, 2025 Last week, City AM's Saskia Koopman attended SXSW London 2025, where she had the opportunity to speak to some of the world's leading figures in the tech space.