How the Treasury got ‘fed up’ with the Bank of England’s payments plan September 2, 2026 The government moved to more closely monitor the Bank of England’s overhaul of the UK’s payments system after growing frustrated with the sluggish pace of the plans, industry figures have said. The Treasury revealed last week it would begin tracking the central bank’s progress on payments and digital currencies by introducing a new secondary objective [...]
SpaceX float ‘could kickstart mega IPO access for British retail investors’ September 1, 2026 SpaceX’s use of the UK’s new public offer platform to raise hundreds of millions of pounds from British retail investors could encourage a wave of large US companies to follow suit, according to one of the brokers that orchestrated the deal. The public offer platform (POP), introduced by the financial watchdog in January, was designed [...]
‘Big hitter’ Baldock readies Boots makeover August 31, 2026 As workers across the City return to their desks after the summer holidays, one executive is starting somewhere new. Alex Baldock, the former boss of Currys, will take his place as chief executive of health and beauty retailer Boots on Tuesday, City AM understands. The group, one of the UK’s biggest and best-known retailers, has [...]
Shein shapes up for cut-price IPO as dominance slows August 31, 2026 Shein will list in Hong Kong this week in a cut-price initial public offering following two previous failed attempts in London and New York. The Chinese retailer will begin trading in Hong Kong on Tuesday in a debut set to value the firm at around $27bn (£19.8bn), about a quarter of its highest private-market valuation. [...]
Lita: The pursuit of the perfect neighbourhood restaurant August 26, 2026 After running a three-Michelin-starred kitchen, one chef has set out to create the ultimate neighbourhood restaurant at Lita in Marylebone, writes Carys Sharkey What makes the perfect neighbourhood restaurant? Some immediately come to mind: Perilla in Stoke Newington, Camberwell Arms in Camberwell, Chez Bruce in Wandsworth, Saikei in the retail complex side of Greenwich. All [...]
Lloyds and Natwest flaunt social credentials as fears grow of Burnham tax grab August 26, 2026 Lloyds and Natwest are flaunting their community credentials and pledging a raft of new social investment initiatives as fears grow that Prime Minister Andy Burnham will launch a punishing tax raid on the sector with the government’s first Budget. The two lenders are among a group of top UK banks looking to prove they can [...]
The Danish retailer plotting to outsmart ‘unsentimental’ Modella Capital August 25, 2026 On the modern-day British high street, a Scandinavian shop featuring maze-like aisles, quirky homeware and bags of licorice near the till is not quite a reinvention of the wheel. But Mikkel Grene, chief executive of Danish homeware retailer Søstrene Grene, believes his business can go toe-to-toe with Ikea and Flying Tiger for pride of place [...]
Top FTSE headhunter rescued by rival after plunging into administration August 25, 2026 A City-based boutique headhunter which won executive-level talent for a host of FTSE 250 firms and collapsed after pumping investment into an AI platform has been purchased by one of its competitors, City AM can reveal. 6 Group, a global executive recruitment consultancy, purchased Savannah Group and its AI platform, MapX, in July after founder [...]
Can the Capital Access Window finally revive AIM? August 25, 2026 August is usually a sleepy time for capital markets. Investors head off on their summer jaunts, firms take a breath after a frenzy of results in late July and advisors start mapping out back-to-school plans for September. Not so in the world of regulation. This year, Britain’s watchdogs have introduced what could prove one of [...]
payabl. Teams Up with Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks August 25, 2026 European financial technology provider payabl. has expanded its relationship with Visa to extend access to real-time dispute management tools for merchants across the UK and EU. Through the collaboration, payabl. will offer Visa’s Rapid Dispute Resolution (RDR) services, enabling merchants to resolve disputes automatically at the pre-dispute stage and help prevent costly chargebacks before they [...]