Stages of tax grief: Is it time for bankers to bargain? October 7, 2026 Banks are in the firing line at the Budget and in a meeting with bosses on Tuesday chancellor John Healey played coy on any increased rates. In this week’s column Samuel Norman looks at what trade-off could be made. Also on the cards, fresh data shows fintechs are lurching ahead of the incumbents on customer [...]
Emerging markets buck investor woes as equity funds shunned October 7, 2026 Investors may have cut their exposure to equities in favour of bonds and fixed income holdings, but emerging markets defied the trend. UK investors withdrew £858m from equity funds in September, marking the fifteenth month of outflows in the last sixteen, according to the latest fund flow index from Calastone. Since the start of the [...]
KPMG Australia seeks $100m bailout from parent group after scandal October 6, 2026 KPMG Australia is reportedly considering asking for $100m (£52.6m) in emergency loans from the Big Four firm’s global network after a scandal rocked the firm’s reputation and business down under. The Australian firm’s newly appointed chief executive, John Sams, has considered asking KPMG International to loan the arm up to $100m or waive its fee [...]
LIV Golf secures funding and looks to Trump for help relaunching bankrupt competition October 6, 2026 LIV Golf chiefs are hoping for help from US President Donald Trump as they look to relaunch the league without the backing of Saudi Arabia’s Public Investment Fund. The bankrupt team golf competition, home to stars Bryson DeChambeau and Jon Rahm, has secured funding from BC Partners and says it is in talks with more [...]
Huge £45m bill for Peckham Rye station upgrade branded ‘scandalous’ October 6, 2026 The huge £45m bill to give Peckham Rye station step-free access – which is backed by a top Cabinet minister – involves forcing builders to use handheld tools to carve bricks and demolishing an art centre in order to complete the works, City AM has found. On Tuesday, energy secretary Miatta Fahnbulleh launched a petition [...]
City watchdog launches probe after whistleblower’s death raises questions October 6, 2026 The Financial Conduct Authority (FCA) has launched a probe into how the regulatory body interacted with a whistleblower who recently took his own life. Simon Andriesz, a former managing director at BGC Partners, had blown the whistle on alleged links between the US secretary of commerce Howard Lutnick and convicted sex offender Jeffrey Epstein. He [...]
ViiV Healthcare’s long-acting HIV treatment Cabenuva (cabotegravir + rilpivirine) meets primary endpoint of superior viral suppression vs. daily oral therapy in people with viremia October 6, 2026 CROWN is the first large, phase IIIb international trial to evaluate the investigational use of long-acting Cabenuva versus daily oral therapy in people with a history of antiretroviral treatment and unsuppressed HIV Results build on LATITUDE study and robust body of evidence supporting investigational use of long-acting cabotegravir + rilpivirine treatment in delivering viral suppression across treatment-experienced populations, including people with viremia at initiation Data to be shared with health authorities for regulatory review
Robert De Niro on $1.3billion hospitality empire: ‘I’m very protective of Nobu’ October 6, 2026 Goodfellas and Taxi Driver legend Robert De Niro talks exclusively to City AM The Magazine about his hospitality empire, which quietly occupies the 83-year-old New York-born actor in-between his film-making. Over the last 40 years, De Niro has been launching Nobu restaurants around the world, a Japanese brand he is fiercely protective of. He speaks [...]
Premier League gets US broadcast bounce after World Cup October 6, 2026 The Premier League has received a US-shaped broadcast bounce with the World Cup inspiring Stateside viewership of the English top flight. Premier League viewership among adults aged 18-34 is up 20 per cent compared to last season, with Tottenham Hotspur’s struggles featuring in three of the top six Stateside broadcasts. The data, from sponsorship analytics [...]
‘Hard to imagine’ no price hikes after Paramount Warner Bros mega merger October 6, 2026 Streaming customers are likely to face further price rises after Paramount and Warner Bros Discovery complete their $111bn (£82bn) merger on Tuesday, analysts have warned. The Hollywood giants will combine under a new parent company called Skydance, bringing Paramount+, HBO Max and some of the world’s most valuable film and television franchises under one roof. [...]