Amex Global Business Travel boss: ‘London must feel safe if we want professionals to keep coming’ July 10, 2025 If London is to remain a top destination for professionals, it needs to feel safe, AMEX Global Business Travel boss Andrew Crawley says.
UK loses more billionaires than any other country July 9, 2025 The UK has lost the most billionaires of any country in the world in the last two years, fresh data has shown, exacerbating fears that Britain’s footloose super-rich residents would continue to flee the country if forced to pay a wealth tax. According to updated numbers from New World Wealth, the UK lost a quarter [...]
Crystal Palace Europa League spot in doubt after Lyon decision July 9, 2025 Crystal Palace’s place in the Europa League is in fresh doubt after French club Lyon won an appeal to stay in the top flight across the channel. The Eagles beat Manchester City in the FA Cup to qualify for the Europa League earlier this year, but John Textor – who is Palace’s largest shareholder – [...]
Regulators, mount up: FCA taking on City AM Triathlon Team Challenge July 9, 2025 They’re used to tracking them in their day jobs but next month the FCA will be hunting the Square Mile’s finest in water, by bike and on foot when they take part in the City AM Triathlon Team Challenge at the London T100. The financial services watchdog is entering no fewer than five teams in [...]
A spoiled travel editor’s guide to luxury hotels July 9, 2025 I know, it’s not en vogue to brag, but as City AM’s travel editor, I stay in the world’s plushest luxury hotels for a living. Here’s the shocking thing: despite the £1k-a-night price tags, they often fail to do the very simplest of things to make your stay better. So, here is some constructive criticism [...]
Actor Luke Evans on being Hollywood’s LGBTQ macho man, fragile egos and feeling sexy in his forties July 9, 2025 Luke Evans is a different type of Hollywood action hero. Our cover star for the Summer edition of City AM The Magazine talks to Adam Bloodworth about redefining the macho man, and feeling sexier than ever in his forties Luke Evans starts his day with a skinny dip every morning. His home in Ibiza is [...]
Will High Net Worths save LVMH’s share price? July 9, 2025 LVMH’s share price has taken a battering as nervous investors shy away from luxury companies amid a global downturn in the market. Its share price has fallen by more than 35 per cent since the end of January; it now trades at its lowest forward earnings multiple in seven years – roughly half that of [...]
Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP July 9, 2025 The OBR is being far too optimistic in its assumptions about productivity growth in the UK – meaning the scale of the country’s debt problem is even greater than it appears, says Ben Ramanauskas According to the OBR’s forecast, the National Debt is projected to be over 270 per cent of GDP by the 2070s. [...]
Reeves warned ‘undermining cash ISAs a serious mistake’ July 9, 2025 Chancellor Rachel Reeves has been warned that “undermining” cash ISAs would be a “serious mistake” and could hike the cost of mortgages and make them harder to access. Skipton Building Society has joined the chorus of institutions voicing their concerns ahead of the Chancellor’s Mansion House speech next week where she is expected to announce a [...]
Watchdog probe to net £100m from listed housebuilders for affordable schemes July 9, 2025 A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]