Whisky Business: Distillery tours saving the Scotch industry September 11, 2025 Whisky Business: City AM’s monthly look at the world of whisky. The 1980s were a particularly dark time in the history of the Scotch whisky industry. Throughout the decade, around a third of all Scottish distilleries closed their doors as demand dried up. Even well-established players were caught in the slump. Distillers such as Carsebridge, also [...]
Landlords reject idea higher taxes benefit first-time buyers September 11, 2025 The National Residential Landlords Association (NRLA) has rejected analysis by the Joseph Rowntree Foundation (JRF) that suggests tax hikes on the private rented sector have benefited first time-buyers. A report from the JRF has found that reforms introduced by governments from 2016 were “effective in addressing tax imbalances that benefitted landlords over and above ordinary [...]
Tokyo has another bite at athletics cherry – will fandom blossom? September 11, 2025 If you’re an athletics fan, time to perfect your “work from home” excuses as the World Championships begin in Tokyo tomorrow. If you live west of Japan, that spells disrupted sleep patterns and unproductive days as medals are won in Tokyo nights. These Championships are part reward for a local populace twice denied the chance [...]
FTSE 100 Live: Trainline stock soars, BP and Shell edge higher September 11, 2025 Good morning from the City AM liveblog team. Shares in Shell, BP, Playtech and Trainline were among the biggest risers in the London markets this morning, after the latter two reported earnings that sailed past analyst expectations. The government’s growth ambitions were dealt another hammer blow last night, after US pharma giant Merck pulled the [...]
Candyfloss and pink teddy bears: How the City of London became a playground September 11, 2025 As fairground bar Fairgame lands in the City of London, Anna Moloney looks at the divisive rise of forced fun at work.
Brits shy away from buying houses as uncertainty over property tax increases September 11, 2025 Buyer inquiries and sales slipped in August, with ‘ongoing uncertainty’ putting the brakes on the UK’s housing market, according to new data. Agreed sales slipped sharply, with a net balance of 24 per cent of property professionals seeing transactions fall, up from a balance of 17 per cent the previous month, the Royal Institution of [...]
What makes a great entrepreneur? September 11, 2025 You can tell a real entrepreneur as soon as you meet one. They share certain traits and characteristics. They have this can-do aura about them, real energy and magnetism, says Joanna Jensen I’m often asked whether it’s possible to know that you are an entrepreneur. The short answer is, no. You can have the best [...]
Mark Kleinman: City would sour on Reeves after bank tax September 11, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week he tackles what a bank tax would do to Reeves’ hard-earned City cache, a top pick for the new HSBC chair, and Oaknorth’s potential move abroad Will she or won’t she? The question of [...]
Defence stocks rise as Europe’s tensions with Russia escalate September 10, 2025 European defence stocks rallied on Wednesday after the shock arrival of Russian drones across the border with Poland sent tensions in the region to fresh highs. Shares in FTSE 100 giant BAE Systems closed up 2.1 per cent to 1,830p by the end of the day’s trading in London, while Italy’s Leonardo rose 2.4 per [...]
Revealed: How much profit Amazon makes in the UK September 10, 2025 Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts for its UK activities, instead choosing to report each company’s results separately with no parent entity in this country. The picture is also further complicated [...]