How did soggy liberalism win over Mickleham? August 14, 2025 The Lib Dems represent one big shrug, so why did Conservative utopia Mickleham fall for it, asks Simon Clarke.
‘IPO jungle drums starting to beat’: City grandees eye autumn flurry August 14, 2025 Global equities climbed to a record high on Wednesday, aided by yet another day in the green for the FTSE 100 that has sparked a rare bout of optimism among City grandees that life could be breathed into the Square Mile’s beleaguered IPO market this autumn. Stock markets in London, New York and across Europe [...]
After the shake-up, is the CMA still a watchdog with teeth? August 14, 2025 Those of us who have regulators' email alerts switched on were familiar with the CMA as an active regulator, but that didn't align with the Labour government's agenda.
Mark Kleinman: Thames Water’s fate now sounds like a dripping timebomb August 14, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Thames Water’s fate now sounds like a dripping timebomb There are few more irritating sounds than that of a dripping tap you cannot fix. That, writ large, is the headache facing the Labour government as it [...]
Demand for passive funds drives assets under management to record highs August 13, 2025 The UK investment management industry reached “record highs” in 2024, boosted by demand for low-cost products and overseas interest in UK assets. Tracker net sales surged for the third consecutive year, as investors increasingly look towards low-cost products and passive investments. In contrast, active sales tumbled, according to the latest report from the Investment Association [...]
City AM Triathlon Team Challenge at T100 London hailed as great success August 13, 2025 A successful London T100 Triathlon weekend saw Maurten UK come home first in the City AM Triathlon Team Challenge. The London-based subsidiary of Swedish sports nutrition company Maurten AB came first out of 26 City AM Triathlon Team Challenge teams in a time of one hour, 12 minutes and 47 seconds. The likes of Steph [...]
Reasons to be optimistic about the UK’s construction sector August 13, 2025 There are some early signs the UK’s beleaguered construction industry is turning a corner as higher demand, higher government investment and lower interest rates set shovels in the ground. Judging by the numbers so far this year, the UK’s construction industry is in a bad place: The sector contracted at the fastest pace since 2020 [...]
Campanelle restaurant review: Beware! Dangerously good carbonara August 13, 2025 There are some truly perverse architectural sights in the City of London. Walk down Bishopsgate and teeny-tiny St Ethelburga’s church looks ridiculously quaint in front of the towering Gherkin – it’s one example of how in the Square Mile, history and modernity clash thrillingly. If this sort of architectural nerdery is for you, go to [...]
Inheritance tax: Reeves could change thresholds and crack down on gift rules August 13, 2025 Rachel Reeves is exploring measures to extract more revenue from inheritance tax (IHT) ahead of the Autumn Budget, as she looks to plug a massive fiscal blackhole without breaking Labour election promises on tax. According to a report in The Guardian, the Treasury is looking into changes to thresholds as well as tightening the rules [...]
Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget August 13, 2025 Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]