Omaze in court over tax dispute on luxury house prize draws October 16, 2026 Luxury house prize draw platform Omaze has appealed against HMRC over whether paid entries in its prize draws are subject to standard-rate VAT. An Omaze spokesperson told City AM the platform “has been paying VAT in the UK since 2021.” Omaze lists itself on its website as “not a charity raffle, house or cash raffle [...]
What could a bank tax raid mean for JP Morgan’s Canary Wharf mega-tower? October 16, 2026 When Jamie Dimon and John Healey first exchanged remarks, the world’s most influential banker told the Chancellor how important it was to get public policy right. The Wall Street chief is understood to have said the right public policy was the key to solving the issues facing global economies, according to those close to the [...]
METI and GX Acceleration Agency will hold GGX Finance Summit 2026 October 16, 2026 On Monday, October 26th, the Ministry of Economy, Trade and Industry (METI) and GX Acceleration Agency will hold the GGX (Global GX) Finance Summit at Tokyo Prince Hotel and online. The Summit will advance discussions on transition finance, industry decarbonization, and the role of business and finance in driving decarbonization. It will also promote cooperation [...]
Former Wasserman talent agency set for second rebrand after Ghislaine Maxwell scandal October 16, 2026 The agency formerly known as Wasserman is set to change its name again just months after ditching its previous moniker over its founder’s ties to Ghislaine Maxwell, City AM has learned. The global sports and celebrity group, which counts Arsenal manager Mikel Arteta and the upcoming Nations Championship rugby competition among its clients, told staff [...]
New inheritance tax rules will drastically change pension use October 16, 2026 New inheritance tax rules will drastically alter how people use their pensions, and put a lot of individuals in difficult positions, writes Steve Gauke.
Are NIMBYs or migration driving the UK’s housing shortage? October 16, 2026 NIMBYs and rising migration have both been blamed for the UK's housing shortage. What's the actual problem, asks Ben Hopkinson.
Fifa still refusing to share World Cup sell-off papers, says FA chair October 15, 2026 Football Association chair Debbie Hewitt says the Fifa Council is still being denied full transparency over Gianni Infantino’s aborted World Cup sell-off plan. Infantino apologised to the Council today as it met for the first time since controversy erupted over Fifa Forward Enterprise (FFE), a new private company Infantino lined up investors for without telling [...]
Why Peppa Pig and the Lionesses is a partnership to bring home the bacon October 15, 2026 Peppa Pig and the Lionesses isn’t the most obvious pairing. One’s a muddy-puddle-loving pig loved by my kids and toddlers everywhere and the other is England’s women’s national football team, equally loved by my kids after their heroics in 2025. But when you take a deeper look behind the Football Association and Hasbro deal, it [...]
True Launches Private Credit Practice to Help Credit-Based Asset Managers Navigate Complex Leadership Situations October 15, 2026 True, the premier global executive talent platform powered by data, AI, and deep sector expertise, today announced the launch of its Private Credit Practice, led by Rick Bank, Managing Director and Head of the Private Credit and Private Equity Practices. The launch comes as private credit enters a significant credit cycle, with 67% of portfolio [...]
Midday Markets: Is the UK economy ‘back’? October 15, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon, assesses whether August’s positive GDP figures are a sign of a revival in the UK economy. Sign up to the City AM News Updates [...]