Unite student housing suffers slump in property value as rents fall October 8, 2026 Student accommodation giant Unite has suffered another drop in property values as higher interest rates and weaker rental income continue to weigh on the FTSE 250 landlord. The company said on Thursday that the value of its UK Student Accommodation Fund fell four per cent in the third quarter to £2.8bn, while its London-focused joint [...]
Tesco lifts profit outlook as consumer confidence ‘resilient’ October 8, 2026 Tesco has lifted its profit outlook after seeing a boost in online sales, as the UK’s largest supermarket said consumer confidence is proving “resilient” despite an “uncertain external backdrop”. The FTSE 100 grocer improved its lower-end operating profit target from £3bn to £3.15bn for the full year, leaving its top-end forecast at £3.3bn. Industry figures [...]
BBC should be aggregator of best free sports content – or risk sinking for good October 8, 2026 YouTube serves up live sport galore so why can’t the BBC do the same, with a more selective approach that fulfils its public service remit, asks Ed Warner. I’ve no problem with paying £180 for my annual TV licence. Gets me Celebrity Traitors and Blue Lights, after all. Plus the Shipping Forecast to wake up [...]
As it happened: Oil surges after Trump says he doesn’t ‘really want’ Iran peace October 8, 2026 Welcome back to City AM‘s FTSE 100 liveblog. The FTSE 100 has returned to the red after markets were hit by the spiking price of oil this week that led to a global bond sell-off. The UK’s 10-year gilt yield rose ten basis point yesterday before giving up some gains to settle seven basis points higher at [...]
WatchHouse CEO: Before I did coffee, I designed aquariums for billionaires October 8, 2026 Each week, we dig into the memory bank of the City's great and good. Today, WatchHouse CEO Roland Horne takes us through his eclectic career.
Sadiq Khan: Run international trains from Stratford instead of expanding Heathrow October 8, 2026 With more Brits supporting increasing international rail over expanding airports, connecting Stratford to Europe is a no-brainer, writes Sadiq Khan.
Investment trust urges ministers to overhaul rules amid Saba ‘threat’ October 8, 2026 An investment trust which holds shares in SpaceX has urged the City minister to overhaul the rule book to stop the “threat” of a notorious US activist hedge fund. Tom Burnet, chair of the Baillie Gifford US Growth Trust, has written to City minister Lucy Rigby as well as Scottish secretary Douglas Alexander to plead [...]
Despite what they say, the Tories are still in hock to their greying base October 8, 2026 Badenoch is developing a coherent policy agenda, but without a plan for helping Nick, 30 ans, the Tories will remain a party only for the old.
MPs are caught in a welfare catch-22 October 8, 2026 The more a constituency depends on welfare, the stronger the incentive for its MP to leave it alone, whichever party they sit for.
Retailers demand energy bill cuts as costs rise by £440m October 8, 2026 Retailers have urged John Healey to slash green policy costs from energy bills, warning that their electricity costs are set to soar by £440m this year. The British Retail Consortium (BRC) – which represents top retailers including Tesco, Sainsbury’s and Marks & Spencer – has warned that rising “policy costs” on energy bills will inevitably [...]