Young people are headed for pensioner poverty – and there’ll be no Triple Lock to save them September 18, 2025 Younger generations stand no chance of enjoying the kind of comfort current pensioners in their old age. We need a policy reset to help the young build wealth now, says John Oxley There was good news once again this week for pensioners, as the Triple lock delivers them a 4.7 per cent increase next year. [...]
What the US tech investments tell us about the UK’s public markets September 18, 2025 There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]
What happens when Reddit runs the global financial system? September 18, 2025 40 per cent of AI answers are derived from Reddit – that could mean crypto Reddit bros potentially influencing how our most trusted financial institutions, says Lewis Liu I had the honor of spending most of last week at the BIS Innovation Summit in Basel, debating AI policy for the global financial system with central [...]
Why is the pharmaceutical industry turning its back on the UK? September 18, 2025 Since coming into power last year, Rachel Reeves and Keir Starmer have consistently stressed the importance of the life science sector to the UK economy, viewing it as critical for growth. In its aim to boost the industry’s standing, Labour pledged to make the UK an attractive place for investment and innovation, and to increase [...]
Nvidia boss hails UK as “AI leader” amid fears of US reliance September 17, 2025 While investment numbers and GPU deals have made headlines, Jensen Huang’s recent comments on his £11bn UK investment reveal a far more ambitious vision than just building data centres. Beyond the chips and infrastructure, the Nvidia chief has framed AI as the ultimate economic tool to fight inflation and boost national productivity, a message that [...]
Grand Slam Track denies Michael Johnson banked $2m from series September 17, 2025 Grand Slam Track has called “categorically false” suggestions that founder Michael Johnson earned $2m while competitors in the challenger athletics series went unpaid. The organisation, which is facing possible legal claims from athletes totalling $19m (£14m), said that Johnson had in fact invested $2m of his own money into the cash-strapped venture. Grand Slam Track [...]
Industrial strategy vs journalism: The battle for UK university funding September 17, 2025 The future of journalism courses in UK higher education is under threat after the government confirmed plans to divert funding away from media and communications courses and towards subjects more directly tied to its industrial strategy. In May, ministers announced a £108m cut to the Strategic Priorities Grant (SPG) for 2025-26 – reducing the total [...]
Como 1907 partners with Stokes-backed Players Fund September 17, 2025 Serie A club Como 1907 has launched a startup and investment platform powered by the Ben Stokes-backed Players Fund. Como Ventures will use the athlete-led venture capital firm – which enjoys the likes of Jessica Ennis-Hill, Stuart Broad and Allyson Felix as investors – to help create a “founder-first launchpad”, which will see start-ups “gain [...]
Hawks vs Doves: Bank of England’s MPC will hold interest rates – but expect dissent September 17, 2025 In the last year, the Bank of England has cut interest rates five times on the expectation that price rises were easing in the UK. When inflation hit a 41-year high of 11.1 per cent in October 2022, policymakers at the Bank warned that its fight to battle inflation was “sacrosanct”. The relentless spiralling of [...]
The Dominican Republic hotel where half the rooms have private pools September 17, 2025 The Eden Roc on the Dominican Republic’s luxurious Cap Cana is nirvana for those who love golf and cigars, which is about as overlapping as Venn diagrams get. I spent the whole time trying not to get ash on my shorts as I practiced my swing. Personally, I enjoy a cigar but it has to [...]