M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss September 3, 2026 Asset manager M&G has swung to a loss driven by the Labour government’s introduction of a cap on existing ground rents. The FTSE 100 group hit out at the government after it reported a £165m loss for the first six months of the year, driven by a £325m write-down eating into its bottom-line. In its [...]
Crest Nicholson slashes housebuilding targets in ‘difficult’ summer September 3, 2026 Crest Nicholson has cut back its housebuilding and earnings targets as crunch talks with lenders drag on. The London-listed builder now expects to build up to 1,400 homes this year, compared to earlier forecasts of as many as 1,500. It expects to make an earnings loss of £10m, having previously guided to a profit of [...]
Greater fool theory helps to explain Premier League’s record £3.5bn transfer window September 3, 2026 The transfer window has left Ed Warner’s head in a spin and even the most devoted football nut must have struggled to keep up, he writes. The football transfer window closed on Tuesday night, with over £3bn splashed out by Premier League clubs for the second summer running. In the end, Everton didn’t sell their [...]
Regit and City AM join forces to drive automotive engagement September 3, 2026 Digital garage platform Regit has announced a partnership with City AM to produce the publication’s motoring content and integrate digital ownership features. The arrangement aims to place automotive brands directly in front of the publisher’s senior corporate audience. City AM attracts 2.5m monthly readers, with 65 per cent operating in chief executive and senior executive [...]
Family businesses are the economy’s great survivors September 3, 2026 Family businesses in this country are not just widely ignored, they are frequently looked down upon. But they are among the most innovative and longest standing companies around, says Nigel Cope In discussions about how business can help deliver economic growth in Britain, family businesses rarely get a look-in. The talk is of big corporates, [...]
The Bayeux Tapestry is British – we should keep it September 3, 2026 Despite its name, the Bayeux Tapestry is British…and it should therefore be kept permanently in the British Museum, argues James Ford I have a big problem with the Bayeux Tapestry. Firstly, it is not a tapestry, it is an embroidery. Secondly, it was not made in Bayeux. Historians believe it was stitched and sewn in [...]
Formula 1 chiefs cool speculation of 12th team on grid September 3, 2026 Formula 1 chiefs have cooled speculation that a 12th team could join the grid before the end of the decade. The global motor sport series saw the number of teams rise from 10 to 11 earlier this season when Cadillac joined the grid, and FIA chief Mohammed Ben Sulayem has previously said he is open [...]
£74m for branded condoms? UK must stop spaffing cash on foreign aid September 3, 2026 Labour is plotting to reverse cuts to foreign aid, but the UK's spending history reveals a questionable use of funds, writes Anne Strickland.
Mark Kleinman: Healey unlikely to resist clamour for bank windfall tax September 3, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. The sense of déjà vu among Britain’s bank chiefs is palpable. Eight weeks ahead of new Chancellor John Healey’s inaugural fiscal statement and the industry is engaged in another frantic round of lobbying against tax rises. This [...]
Andrew Griffith: Burnham ‘making up stories’ about my role in Truss Budget September 3, 2026 Andrew Griffith has accused Andy Burnham of “making up stories” about his involvement in the disastrous Liz Truss mini-Budget as the new Conservative shadow Chancellor fends off a barrage of attack lines from the Prime Minister following his appointment by Kemi Badenoch on Monday. Addressing the House of Commons on Tuesday and again at Prime [...]