Junior lawyers earn £44 an hour for 13-hour days September 23, 2025 Junior lawyers at leading City law firms are regularly working well beyond standard hours, with many firms reporting their youngest staff routinely putting in over 12-hour days. According to research by Legal Cheek on over 2,000 trainees and junior lawyers, the London offices of top US law firms are leading the table, which is consistent [...]
Revolut pumps £3bn into the UK financial services sector September 23, 2025 London-born fintech juggernaut Revolut has capped off a hefty week of investment for the UK financial services sector as the firm officially launched its global headquarters. The digital bank said it would pump £3bn into the UK and create 1,000 highly-skilled jobs over the next five years. The fresh injection of capital follows asset manager [...]
Raspberry Pi: What happened to the UK’s former tech darling? September 23, 2025 Shares in Raspberry Pi tumbled in London on Tuesday after the low-cost computer maker revealed a sharp drop in half-year profits, leaving investors questioning whether one of the UK’s most high-profile tech IPOs can live up to expectations. The Cambridge-based firm, which floated in June 2024 in one of the London Stock Exchange’s most celebrated [...]
Why there’s a CD revival, even though vinyl is cooler September 23, 2025 For the Autumn edition of City AM The Magazine, Killian Faith-Kelly explores the CD revival and what it says about Gen Z listening habits About a month ago, I read about some Lorde fans complaining that their CDs of her latest album weren’t working. And part of me thought, “That’s bad, these Lorde fans have [...]
Whitehall pledges skills drive as AI wounds UK’s job market September 23, 2025 The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]
Anita Rani interviews Luca restaurant owners about Michelin starred food and meditative music September 23, 2025 For the Autumn edition of City AM The Magazine, broadcaster and author Anita Rani interviews Luca and Clove Club founders Johnny Smith and Daniel Willis about making music and falling in love with food Daniel Willis: So Anita, do you remember how we all met? Anita Rani: Well, which version are we going to give? [...]
Maro Itoje eyes politics: ‘Opportunity to effect real change is attractive’ September 23, 2025 England, Saracens and British and Irish Lions captain Maro Itoje has talked up his interest in a career in politics when he hangs up his rugby boots. Itoje, 30, discussed his post-playing ambitions in an appearance on the Rest Is Politics podcast with Westminster veterans Alastair Campbell and Rory Stewart. “It’s something that is of [...]
Oliver Bonas: ‘Growth hard to come by’ with Reeves’ tax hikes September 23, 2025 Oliver Bonas has warned the outlook for the UK economy is “not easy” and that “growth hard to come by” because of the tax rises introduced by Chancellor Rachel Reeves in her Autumn Budget last year. The retailer added that its pre-tax profit fell during 2024 because of rising costs while it pins its hopes [...]
Floating in London would be my ‘signature achievement’, ClearScore CEO September 23, 2025 Floating credit score giant ClearScore on the London Stock Exchange would be “my signature achievement”, the company’s co-founder and chief executive has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Justin Basini opened up about the plans being drawn up to take ClearScore public in the next couple of years. He [...]
OECD: Taxes and tariffs to damage UK economy September 23, 2025 Higher taxes and the sting from US tariffs are set to restrain UK growth, according to forecasters at the Organisation of Economic Co-operation and Development (OECD), with inflation soaring above all other countries other than the US. The OECD’s latest update on the state of the global economy said the UK’s “tighter fiscal stance” means [...]