US sets AI standard, leaving Britain on the back foot December 13, 2025 When Donald Trump sat down in the Oval Office this week to sign off on a national AI framework, he delivered a global message. The US has committed to one standardised, federally regulated set of rules for AI. The executive order sweeps away the threat of 50 different state-level approaches to regulating AI – a scenario [...]
Ripple Secures Federal Approval to Establish National Trust Bank December 12, 2025 OCC charter expands Ripple's regulatory reach and reinforces RLUSD as the gold standard for compliance and trust.
Jamie Oliver ‘cutting jobs’ ahead of restaurant chain’s return December 12, 2025 A part of Jamie Oliver’s business empire has cut a firth of its workforce, according to reports, as the celebrity chef plans a return to the high street next year. Jamie Oliver Group has shed 25 of its 126 employees through a redundancy round, Sky News has reported. City AM has contacted the group for [...]
Perma-Pipe International Holdings, Inc. Announces Third Quarter 2025 Financial Results December 12, 2025 Net sales of $61.1 million for the quarter and $155.8 million year-to-date. Income before income taxes of $10.9 million for the quarter and $21.1 million year-to-date. Diluted earnings per share of $0.77 for the quarter and $1.49 year-to-date. Backlog of $148.9 million at October 31, 2025, up from $138.1 million at January 31, 2025.
Lotus Esprit is back as a £430k carbon fibre restomod December 12, 2025 This is the Lotus Esprit as you’ve never seen it before. Fifty years after its debut at the Paris Motor Show, the classic British sports car has been resurrected for the 21st century. Forget Noel and Liam, this is the biggest comeback we’ve witnessed all year. Encor’s stated aim with its new Series 1 restomod [...]
Premier League Predictions: Wins for Chelsea and Liverpool, misery for Man United and Arsenal to hammer Wolves December 12, 2025 The penultimate match round before Christmas takes place this weekend with plenty at stake in the Premier League. There’s a clash between top and bottom on Saturday as Arsenal host Wolves, as well as some intriguing narratives to monitor at Anfield. And on Sunday, there’s the first league meeting between Sunderland and Newcastle in nearly [...]
Gatwick blames mega hike in drop-off fee on business rates spike December 12, 2025 Gatwick is set to increase its drop-off fee from £7 to £10, setting the blame squarely on a coming hike in business rates. The new price, which will see Gatwick become the UK’s most expensive airport to drop off passengers, will be implemented from January 6. A spokesperson for the airport said the fee increase [...]
Sumer Group, champions of SMEs, leading the way towards economic growth December 12, 2025 They tackled Brexit head-on, survived Covid, coped with the impact of the war in Ukraine and battled rising costs. The latest growth forecast from the Office for Budget Responsibility presents a further challenge with the OBR reducing their expectations for productivity growth by 0.3ppts to 1 per cent. In times of uncertainty these businesses have [...]
FTSE 100 Live: Blow for Reeves as economy shrank ahead of Budget December 12, 2025 Good morning and welcome back to the City AM liveblog. Today fresh economic data has given another crucial assessment of the Chancellor’s growth agenda. The UK economy shrank 0.1 per cent in October as businesses paused investments amid consistent rumours around upcoming tax hikes in Rachel Reeves’ second Autumn Budget. A Bloomberg poll of City economists had predicted the Office [...]
R360 or Ultimate Sevens: Which rugby project would I invest in? December 12, 2025 Everyone is an investment expert these days, with a proposal they say will save rugby and a project that will see a return on that backing. Whether it is the Prem Rugby franchising project, a developing league in the United States or South America, the delayed R360 proposal or the Ultimate Sevens project; there’s an [...]