Debenhams owner facing scrutiny from data protection watchdog September 23, 2026 Few quirks of modern life are so hated as the inability to cancel a subscription. For retail giant Debenhams, that ire could land it in hot water with the UK’s data protection watchdog. The retailer is facing scrutiny from the Information Commissioner’s Office (ICO) after the watchdog received multiple complaints from consumers who could not [...]
Nscale vows stay in UK despite £35bn US stock market listing September 22, 2026 Nscale has vowed to keep Britain at the heart of its global expansion despite choosing New York over London for its blockbuster float, as the AI infrastructure firm looks to turn its UK base into an export hub for computing power. The Nvidia-backed firm believes jobs and expertise built in Britain can serve customers around [...]
Business rates cut will ‘backfire’ for Soho and West End September 22, 2026 John Healey’s plans to deliver an emergency tax cut for high street businesses would fail to boost most firms in London’s busiest areas like Soho and the West End, analysis suggests. The Chancellor is reportedly planning to cut taxes for pubs, shops, cafes and restaurants by hiking the threshold for small business rates relief (SBBR). [...]
Fast fashion copyright battle continues as Shein granted appeal against Temu September 21, 2026 Fast fashion retailer Shein has been granted permission to appeal against rival Temu in a first-of-its-kind copyright battle in the UK. A judge confirmed in a hearing on Monday that Shein can challenge a judgement handed down last month in the Court of Appeal. The judge said there were “compelling reasons” for the court to [...]
Tech the only bright spot as job security fears climb to highest level since 2023 September 21, 2026 Job security for British workers has fallen to a three-and-a-half year low across all sectors other than IT and telecoms, according to new data from S&P Global’s UK consumer index. The findings, based on a panel of 1,500 UK households, show the level of job insecurity was at its highest since February 2023 as consumers continue to [...]
The return of VAT-free shopping will boost Britain’s towns and cities September 21, 2026 Britain has so much to offer. It is no surprise that more than forty million overseas visitors choose to visit our country every year. Walk down Bond Street in London or Princes Street in Edinburgh and you will see visitors from around the world drawn to some of our most iconic retailers. Our high streets [...]
London AI infrastructure firm Nscale files for $35bn US listing September 20, 2026 Nscale has filed for an initial public offering in the US, as it looks to tap into AI’s growing demand for infrastructure. The Nvidia backed AI cloud provider is targeting a valuation of up to $35bn. The group will also launch a retail offering for UK investors, allowing them to purchase shares via Retailbook. The [...]
As it happened: Stocks slip as London’s rally loses momentum September 18, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London fell this morning as a three-day rally faded and erased much of the gains made following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 was trading down nearly one per cent at 12:50pm, dragged lower by falls for Shell [...]
Santander and BMW in High Court spat over motor finance dispute September 16, 2026 Santander and Volvo are taking BMW to the High Court over a dispute related to motor finance deals, City AM can reveal. The Spanish banking giant, along with Volvo Financial Services, is claiming the carmaker caused damages after auto dealers unlawfully re-sold the same luxury vehicles to BMW, leaving both firms claiming ownership over the [...]
Can cautious Wolfson keep stunning Next shareholders? September 16, 2026 Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]