FTSE suffers worst day since April amid credit market jitters October 17, 2025 The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]
Sadiq Khan to blame for slump in London housing starts, think tank says October 17, 2025 Sadiq Khan is to blame for a dearth in housebuilding in London, a leading think tank has warned, as new construction projects slumped to their lowest level seen in years. A perfect storm of challenging macroeconomic conditions, needlessly stringent regulation and a sluggish planning process has helped push construction rates down to just 4,170 housing [...]
I tried a self-driving taxi ahead of Waymo’s UK debut October 17, 2025 When Waymo announced this week that London will host its first European fleet with autonomous taxis hitting the capital’s streets from next year, I thought it was the perfect time to test one out. It’s an unusual feeling, sitting in a car with no one in the driver’s seat, watching it turn, brake and steer [...]
China threatens ‘consequences’ over London embassy delay October 17, 2025 China has unleashed a threat of “consequences” over the latest delay to approving its application for a highly controversial new embassy at the Royal Mint Court site in London, amid escalating diplomatic tensions between the UK and the world’s second largest economy. Chinese Foreign Ministry spokesman Lin Jian has blasted Keir Starmer for failing to [...]
England Rugby should buy London Stadium and flog Twickenham land October 17, 2025 How do you solve a problem like increasing the revenues for England Rugby? Up sticks and buy the London Stadium, suggests Ollie Phillips Given the obstacles being thrown towards Allianz Stadium and England Rugby from local residents relating to the number of concerts the home of rugby wants to stage, it is no surprise that [...]
FTSE 100 Live: BBVA Sabadell bid falls through, tax rises in focus October 17, 2025 Good morning from the City AM liveblog team. Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy. She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s [...]
On this day in 1814: The London Beer Flood October 17, 2025 On this day in 1814, the perils of drink would show themselves in an unexpected but deadly way in the London Beer Flood, writes Eliot Wilson.
London is still home to the best tech founders in the world October 17, 2025 London may be criticised for “losing its edge” to Paris or Stockholm, but the reality we see every day is the opposite. London still attracts the best founder talent in Europe, says Adam French If you only read the headlines, you might think building a start-up in the UK right now is an act of [...]
Local councils are standing in the way of regenerating our high streets October 17, 2025 Local councils make running a business in Britain a bureaucratic nightmare, says Preston Benson I moved here from the United States over 20 years ago, became a British citizen along the way, and have spent my career investing in the UK’s towns and cities. I have learned you can survive a pandemic, an energy crisis, [...]
Doctor Who maker warns its ‘future is by no means certain’ October 16, 2025 The production company behind Doctor Who has warned its “future is by no means certain” in Wales as it marks ten years in business. Bad Wolf has said declining US investment in productions made outside of America and falling budgets are threatening to elongate a downward trend in the global screen industry. In a report [...]