US inflation jumps to 2.9 per cent, setting up key rate decision September 11, 2025 US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 basis-point cut. The Bureau of Labor Statistics said on Thursday that the annual consumer price index (CPI) figure for inflation [...]
Two in five financial services firms lack safe AI controls September 11, 2025 As the financial services industry piles billions of pounds into artificial intelligence (AI), firms are lacking adequate measures to maintain safe usage, according to new figures. Fresh data from Big Four accountancy giant EY reveal 26 per cent of companies have no or limited controls in place to ensure AI systems adhere to laws and [...]
Boxpark to feature at British Grand Prix after Silverstone deal September 11, 2025 Well-known London chain Boxpark will next year have a presence at the Formula 1 British Grand Prix after signing a deal with Silverstone. The partnership, described as “landmark” by both parties, will see Boxpark “deliver a festival-style fan experience” at the race track, which attracts around 500,000 across the British Grand Prix week. It builds [...]
Reeves, beware the bond vigilantes: the dark knights of the City September 11, 2025 As UK 30-year gilt yields surge to record levels, Tim Focus warns Chancellor Reeves of the threat of bond vigilantes.
World’s largest ad agency bucks grad hiring slowdown – ‘We have to train the next gen’ September 11, 2025 The world’s largest advertising agency is hiring more graduate roles than ever in the face of artificial intelligence’s rise, gearing junior training to be more focused on client management, its UK media boss has said, bucking a global slowdown in junior white-collar employment. Niel Bornman, UK chief executive of Publicis Media, said the proliferation of [...]
Coco di Mama boss: ‘Extreme’ tube strikes pressuring hospitality at crucial time September 11, 2025 Coco di Mama’s boss has said that the significant tube strikes this week have put pressure on the sector at a difficult time. The strikes, which began on September 7, have caused mass disruption in the City as Londoners attempt to find other ways to get to work or opt to stay at home. “It’s [...]
This is what quoted companies need to grow September 11, 2025 Despite Tube strikes, the QCA Annual Dinner celebrates UK small and midcap success while urging the government to scrap stamp duty, rethink ISAs, and boost liquidity to strengthen public markets and drive economic growth, says James Ashton It will take more than an irritating Tube strike to stop hundreds of business leaders, their advisers, investors, [...]
UK’s top tech scale-ups named, but can Britain keep hold of them? September 11, 2025 Tech Nation has announced its Future Fifty 2025 cohort, featuring 25 high-growth UK scaleups across various sectors, including AI, climatetech, healthtech, and spacetech. Between them, these firms have raised more than £1.4bn and employ over 2,100 people. The programme, which was relaunched under Founders Forum Group in 2024, has long been seen as the UK’s [...]
Rachel Reeves explores ‘pro-growth tax reforms’ to business rates September 11, 2025 Rachel Reeves will explore “fixing” cliff-edge business rates, which make small businesses pay higher taxes upon opening a second property, as part of reforms she has described as “pro-growth.” The Chancellor is reviewing changes to the small business rates relief, with a decision expected to be announced at the Autumn Budget on 26 November. Treasury [...]
Whisky Business: Distillery tours saving the Scotch industry September 11, 2025 Whisky Business: City AM’s monthly look at the world of whisky. The 1980s were a particularly dark time in the history of the Scotch whisky industry. Throughout the decade, around a third of all Scottish distilleries closed their doors as demand dried up. Even well-established players were caught in the slump. Distillers such as Carsebridge, also [...]