London Marathon has never been more popular so why not make it bigger? April 24, 2025 The ballot for entry to the 2026 London Marathon opens tomorrow and closes next Friday. Over 840,000 entered the draw for this weekend’s race. Strip out places bought for fundraising runners by charities as well as club slots and age-graded, guaranteed entries, and the odds of ballot success were just one in 50. Rarity value [...]
Zopa Bank: UK fintech doubles profit amid IPO speculation April 24, 2025 Digital bank Zopa doubled its pre-tax profit in its second full year of profitability as the London fintech continued its upward trajectory ahead of a possible IPO. The Canary Wharf-based business pocketed £34.2m in the 2024 financial year, up from £16.8m in 2023. Revenue grew 30.2 per cent to £303.4m. This was driven by an [...]
Square Mile tailor Neil McCann: I look forward to when gilets are a thing of the past! April 24, 2025 Square Mile tailor Neil McCann tells us about his career, style and the scourge of the gilet in this week's Square Mile and Me.
Recruitment firms shutting at fastest rate since financial crash April 24, 2025 Recruitment agencies are shutting for business at their fastest rate in fifteen years as companies tear up hiring plans amid rising taxes and global economic uncertainty. As many as 120 recruitment businesses have appointed liquidators in the past six months, a City AM analysis of insolvency disclosures has found, a jump of 17 per cent [...]
Deliveroo to crack down on badly-behaved riders with policy hire April 24, 2025 Deliveroo is ramping up its efforts to crack down on badly-behaved drivers with a new senior hire. The London-based food delivery app has posted a job ad for a “rider policy manager” who will be tasked with creating policies “to address breaches of contract by riders which have a detrimental impact on the customer experience.” [...]
Exclusive: KMPG renews search for UK’s top tech scale-ups April 24, 2025 Professional services giant KMPG has launched its annual competition to identify and support the UK’s most innovative scale-ups, as the sector navigates a challenging investment landscape. Now in its 12th year, the competition has served as a launchpad for a diverse range of startups – from healthtech pioneers to AI disruptors. Previous finalists include notable [...]
Exclusive: Goldman Sachs International boss joins non-dom exodus April 24, 2025 Goldman Sachs’ most senior banker outside America is joining the growing ranks of wealthy foreigners leaving the UK to avoid the government’s crackdown on non-doms, City AM can reveal. Richard Gnodde, the investment banking juggernaut’s vice chairman, is moving to Milan to avoid changes the Chancellor made to the non-dom regime and foreign-held trusts in [...]
Green finance withers as Trump effect spreads April 24, 2025 Financial hubs are ditching green finance, fresh research shows, after President Donald Trump’s return to the White House triggered a global retreat. Centres across the world had their green finance rating reduced in the 15th edition of Z/Yen Global Green Finance Index (GFFI). Despite topping the index, London’s rating reduced 36 points to 598. Zurich [...]
Black cabs stand ready to compete with Uber, but not in a race to the bottom April 24, 2025 The London tax trade is a rigged market where app-based operators have enjoyed years of political indulgence while black cabs are subjected to an ever-tougher regulatory environment, says Mark White James Ford’s recent City AM column – ‘The London taxi trade is dying – and it’s not Uber’s fault’ – is less a diagnosis than [...]
Trump’s war on Harvard is the natural outcome of left-wing overreach April 24, 2025 Trump's war on Harvard puts academic freedom at risk, but it's the predictable right-wing overreaction to left-wing overreach, writes Lewis Liu.