Worcester Warriors announce Morgan as front-of-shirt sponsor June 17, 2025 British car brand Morgan will be the title sponsor for Worcester Warriors as the club embarks on a new chapter in rugby’s second tier. The Warriors went into administration and were kicked out of the Premiership, but will compete in the newly rebranded Champ Rugby from September. And the century-old Malvern-based Morgan Motor Company will [...]
King Charles’ Crown Estate to invest £400m in offshore wind supply chain June 17, 2025 King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.” [...]
Barclays calls in McKinsey to find savings in investment arm June 17, 2025 Barclays has tapped global consultancy giant McKinsey in a bid to identify cost-saving areas across its investment banking arm. The FTSE 100 bank is looking to simplify its investment bank, with consultants examining the front office, finance, risk and technology divisions. The consultants will be looking at duplication of work and whether tasks can be [...]
Secure Trust Bank taps Labour donor tied to cronyism scandal as new boss June 17, 2025 An ex-Treasury director who was at the heart of Labour’s “cronyism” scandal has been tapped to take the helm at specialist lender Secure Trust Bank. Ian Corfield, who also spent nearly a decade as chief commercial officer of New Day, will replace retiring chief executive David McReadie. Corfield stepped down from his civil servant role [...]
Manoj Ladwa on the UK-India relationship June 17, 2025 City AM is the media partner for IGF London 2025. Ahead of the event, we sat down with the Founder and Chairman of IGF, Manoj Ladwa, to discuss the UK-India relationship. In a city as globally connected as London, it’s easy to overlook the individuals working quietly but relentlessly to strengthen international ties. One such [...]
Nyetimber: English sparkling wine group aims to build a global brand June 17, 2025 Rupert Hargreaves speaks to Eric Heerema, the boss of English sparkling wine group Nyetimber, about the group’s plans to build a global luxury group. English sparkling wine has managed to carve out a unique niche for itself in the drinks market. According to industry reports, the category has grown by 30 per cent since 2020, [...]
UK economy rebound hopes gather as City ‘ready to invest’ June 17, 2025 The UK economy could rebound May as a new business survey has signalled “tentative hope” that Chancellor Reeves can deliver higher growth. According to Lloyds’ latest sector tracker, two more areas of the economy saw output expand compared to data for April, a month which recorded a 0.3 per cent contract in GDP per official [...]
Further job cuts needed to cope with tax raid, businesses warn June 17, 2025 Businesses across Britain are planning another round of job cuts to deal with the pain of Rachel Reeves’ national insurance raid, laying bare the scale of the financial pressure wrought by the government’s £20bn tax hike after it came into effect in April. As many as one in three businesses said they were planning to [...]
Liquid Glass launch shows Apple is cautious on AI June 17, 2025 Apple's headline 'liquid glass' announcement at WWDC shows the tech company is deliberately cautious on AI, writes Paul Armstrong.
Trump’s ‘Big Beautiful Bill’ is bad news for Britain June 17, 2025 A hidden clause in Trump’s latest bill could slap UK investors with steep new taxes, threatening transatlantic capital flows and global economic cooperation, says Matthew Bowles United States President Donald Trump’s latest legislative behemoth has sent shockwaves through Washington. Dubbed “a disgusting abomination” by Elon Musk and greeted with scepticism by Republican Kentucky Senator, Rand [...]