Issa brothers finally repay EG Group loan used to buy private jet October 14, 2025 The Issa brothers have finally repaid the huge loan they borrowed from their own forecourt and retail empire to buy a private jet, City AM can reveal. The billionaire duo had owed as much as $41m (£31m) to EG Group via an Isle of Man-based company they controlled called Clear Sky 2, which was used [...]
Goodbye Nutmeg, hello Clove: New investing service lands £10m funding October 14, 2025 As the London fintech world bids goodbye to investing app Nutmeg, a new spice-themed alternative is about to rise up from the ashes. Investing startup Clove, a new venture from serial entrepreneur Christian Owens, has emerged from stealth after landing a bumper £10m funding round. The pre-seed round featured a host of prominent investors including [...]
Shawbrook looks to raise over £50m in November IPO October 13, 2025 Specialist lender Shawbrook has confirmed its intention to kick off an Initial Public Offering (IPO) on the London Stock Exchange. The company is targeting a listing in early November 2025 and expects to raise £50m in net proceeds through new shares. This will be alongside the sale of existing shares by Marlin Bidco Ltd – [...]
Business Leaders, Policymakers and Innovators Unite to Shape London’s Future October 11, 2025 London, 11 October 2025 – Hundreds of senior business leaders, policymakers, and innovators gathered last night at The Emmanuel Centre, Westminster, for “London – Opportunities and Obstacles for Growth,” a major public forum hosted by Central London Alliance CIC. Timed strategically to take place before the party conference season, but postponed because of the industrial action which [...]
Farewell to Nutmeg and the first chapter of fintech’s story October 10, 2025 When I read that J.P.Morgan will retire the Nutmeg brand later this year, it felt like the end of a chapter, not just for them, but for all of us who began this journey together. For more than a decade, Nutmeg and Moneyfarm were often spoken of in the same breath. Two young companies trying [...]
Number of job seekers spike as high taxes continue to hurt UK economy October 10, 2025 The number of job seekers has spiked while a rise in starting salaries was “fractional”, according to analysis of leading survey data, in signs the jobs market is struggling to shake off higher taxes and low growth prospects. New monthly findings by the Recruitment and Employment Confederation (REC) and KPMG have pointed to another rise [...]
Footfall drops in sign of pre-Budget nerves October 10, 2025 Footfall at UK retailers dropped in September, in a sign consumers are tightening their belts in the face of sticky shop inflation and a looming Budget where taxes are set to be raised by billions of pounds. Total UK footfall fell by 1.8 per cent year-on-year, according to British Retail Consortium data, extending a run [...]
Zilch eyes ‘hot’ fintech IPO market amid product launch October 9, 2025 The boss of consumer payments platform Zilch has pledged to bring something “never seen before” to public markets as the fintech IPO scene heats up. Philip Belamant told City AM Klarna’s debut on the New York Stock Exchange – where the stock popped 15 per cent – was a “brilliant” indicator for fintech prospects. “I [...]
Off the menu: Domino’s is UK’s most shorted company October 9, 2025 Delivery franchise Domino’s Pizza is the UK’s most shorted public company despite the beleaguered franchise having launched a major buyback to prop up its share price last month. The FTSE 250 constituent’s shares are already languishing at a 10-year low as the firm battles to fend off a litany of headwinds including rising labour costs [...]
Nine in ten investors would back UK stocks if stamp duty scrapped October 9, 2025 Rachel Reeves is facing renewed calls to scrap stamp duty in a bid to boost the City’s market attractiveness on the global stage. Almost nine in ten UK retail investors said they would hike their investment in the country’s stocks if the levy – often dubbed a ‘shares tax’ – was scrapped, according to fresh [...]