Investment minister Jason Stockwood: I don’t want to be political October 22, 2025 Jason Stockwood insists he hadn’t been angling for a plumb ministerial job before the call from Keir Starmer asking for him to be investment minister came six weeks ago. The serial entrepreneur – and Grimsby Town Football Club co-owner – had, instead, been “moaning” about the paucity of politicians with genuine business experience, when the [...]
Fully remote with no associates: Meet the ‘elite’ law firm of the future October 22, 2025 US lawyers Michael Pierson and Joel Ferdinand joined forces “with the vision to build the elite law firm of the future”, going in the opposite direction of the traditional market with a tech-focused, full-service approach. Oh, and no offices. And no associates. Founded in January 2024, New York-based Pierson Ferdinand became the largest law firm [...]
The axe will have to fall on Britain’s runaway public spending October 22, 2025 Rachel Reeves likes to insist that she will “never play fast and loose with the public finances.” It’s a phrase she deploys quite often, not least when it looks as if the bond market could do with a bit of reassurance, and it means that she won’t breach her “cast iron” fiscal rules. Adherence to [...]
Performance, not privilege, should determine success in financial services October 22, 2025 Financial services leadership is still too dominated by a privileged few, says for Lord Mayor Vincent Keaveny When I served as Lord Mayor of London, I often heard the City described as a meritocracy. Yet, behind the polished façades and success stories, I saw the hidden barriers that still shape who truly gets ahead. That [...]
Allica Bank makes major acquisition as it eyes £1bn SME lending goal October 22, 2025 Allica Bank is set to announce a fresh acquisition as the firm looks to beef up its lending capacity for small businesses, City AM can reveal. The digital bank has snapped up London-based fintech Kriya, which specialises in embedded finance and business loans. The takeover, set to be announced on Wednesday, marks Allica’s third acquisition [...]
Autumn Budget: JCB boss calls on Reeves not to do anything ‘daft’ October 22, 2025 The chief executive of JCB has called on Chancellor Rachel Reeves not to do anything “daft” in her Autumn Budget which would deter inward investment. Graeme Macdonald, who leads the Staffordshire-headquartered manufacturing giant under chairman Lord Anthony Bamford, said he’s “not optimistic” about the Budget next month, adding that Reeves is “definitely” going to raise [...]
How sport can take tackle Gen Z’s problem with gender polarisation October 21, 2025 Gender is as becoming as divisive as race, politics and economics among but sport can play its part in fixing a growing problem among Gen Z, writes Matt Readman. It’s been 25 years since Nelson Mandela famously said that sport could “unite people in a way that little else does”. While sport has sometimes mirrored social [...]
FCA to take control of anti-money laundering supervision of professional service firms in major reform October 21, 2025 The government’s reform of anti-money laundering and counter-terrorism financing supervision will significantly change and diminish the roles of the legal regulator and HMRC. Today, the Treasury revealed the outcome of its consultation on reforming anti-money laundering and counter-terrorism financing supervision, primarily for professional services, by creating a Single Professional Services Supervisor (SPSS), with the Financial [...]
UK Athletics posts profit for first time since 2017 October 21, 2025 UK Athletics has hailed a financial turnaround after going from a deficit of £1.2m to a surplus of £107,000 – its first since 2017. The accounts for the year to March 31 2025 saw losses slashed just three years after the track and field governing body appeared to be on the brink of bankruptcy. UK [...]
Aston Martin DBX S review: Our favourite luxury SUV October 21, 2025 When Aston Martin introduced the DBX707 in 2022, it expected this faster, more expensive model to account for 50 percent of DBX sales. Instead, fully 90 percent of customers plumped for the 707hp newcomer, and the original 550hp DBX was discontinued soon afterwards. The message was clear: Aston Martin buyers wanted more performance and they [...]