LIV Golf players to be banned from DP World Tour and Ryder Cup October 12, 2026 Players who sign up to play on a resurrected LIV Golf tour will be prohibited from competing on the DP World Tour or in the Ryder Cup, its European chiefs have said. The rebel golf league has secured funding from BC Partners to exit bankruptcy proceedings after Saudi Arabia’s Public Investment Fund pulled its backing [...]
AI minister warns of ‘inevitable’ cyber attack on UK as he tells labs to ‘be honest’ October 12, 2026 Britain cannot rely on tech giants to police their own AI systems, the government has warned, as ministers prepare new measures to protect businesses and national security from increasingly powerful artificial intelligence. AI minister Kanishka Narayan warned that a major AI-powered cyber incident hitting the UK is “inevitable” as he called for a national effort [...]
London’s new front door for growth opens in the Square Mile. October 12, 2026 While the Square Mile is smaller than many parks, you might be surprised to know it supports 676,000 jobs and generates over £109bn of economic output a year [ONS]. Indeed, national growth happens when businesses choose to invest, when talent chooses to come in, when visitors choose to spend time, and when places make it [...]
London Stock Exchange faces ‘material depopulation’ October 12, 2026 The London Stock Exchange is facing “material depopulation” following a boom in the M&A landscape dominated by overseas buyers, a top investment bank has warned. Some 42 bids for London-listed firms are currently ongoing with a total market capitalisation of £74bn, according to a new note from Peel Hunt. The figure is more than double [...]
HMV shuts flagship Oxford Street store just three years after comeback October 12, 2026 HMV is set to close its flagship Oxford Street store just three years after its comeback to the location where it was founded more than a century ago. The music and entertainment retailer said the site will shut its doors in March next year, blaming a doubled rent bill and the cost of “substantial” renovations. [...]
King’s favourite interior designer hits back at investor pressure October 12, 2026 The under-fire chairwoman of King Charles’s favourite interior design firm has hit back at the “distracting” investor plot to remove her. Dame Dianne Thompson, chair of London-listed Sanderson Design Group, wrote to shareholders on Monday urging them to slap down a major investor’s “disruptive” attempts to oust her. LBV Asset Management, which owns 12 per [...]
As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal October 12, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index is set to make gains on Monday morning, picking up where Friday’s rally left off. Oil prices fell in early trading, as Brent crude – the international benchmark for oil – dipped below $104 per barrel following President Trump’s plans to import [...]
Office cycle racks empty as e-bikes pile up – could the solution be obvious? October 12, 2026 Far from a cycling decline, unused bike parking at offices proves London's developers have solved the wrong problem, writes Stef Lehmann.
City chairman: Britain’s growth ambitions need a planning system that can keep up October 12, 2026 Protecting heritage does not always mean preventing change, writes Chris Hayward ahead of the publication of the City Plan 2040.
City finance jobs shrink as Budget fears add to cautious mood October 12, 2026 Finance jobs in London shrunk in September as employers weighed up the raft of economic pressures and uncertainty around the forthcoming Budget. City vacancies tumbled 30 per cent to 1,200 by the end of the third quarter, compared with 1,719 in July at the start of the three-month window according to recruiter Morgan McKinley. Jobs [...]