How OpenAI’s deal with AMD could change the AI chip market October 7, 2025 Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD, committing to purchase up to six gigawatts of the company’s next-generation processors to power new AI data centres. The deal, which will start with AMD’s new ‘MI450’ chip in the second half of 2026, marks a key step in OpenI’s strategy to diversify its [...]
House prices fall amid pre-Budget jitters October 7, 2025 House prices fell last month, a leading price index has suggested, a warning that house buyers and sellers are nervy ahead of a potential tax raid on property. Halifax’s house price index suggested house prices dropped by 0.3 per cent on the month, putting the average property cost at £298,184. The annual rate of growth [...]
FTSE 100 Live: House prices fall; Shell eyes earnings boost; B&M takes hit October 7, 2025 Good morning from the City AM liveblog team. Last week, PM Keir Starmer appeared to leave Labour conference on a high — seeing off threats to his leadership and resetting relations with members. But back in London, things are not quite as rosy. As we report today, UK dealmakers’ faith in the economy has slumped [...]
Exclusive: Welsh Fire co-owner wants Hundred to be T20 within two years October 7, 2025 The Indian-American co-owner of The Hundred franchise Welsh Fire, Sanjay Govil, wants the competition to drop its unique format and become a T20 league within two years. The 100-ball format has come under pressure following the sale of stakes in all eight Hundred franchises to overseas investors, some of whom are keen to bring the [...]
Brits fear Rachel Reeves’ next Budget will make them worse off October 7, 2025 A majority of Britons believe Rachel Reeves’ next Budget will make them worse off while three in four have lost faith in the government’s growth mission, fresh polling reveals. The Labour government has made growing the UK economy its central mission in government in a bid to claw back support across the electorate. But the [...]
Lazy Brits are refusing to switch bank accounts. And I would know October 7, 2025 Despite knowing the benefits of switching, too many Brits refuse to switch bank accounts. And I'm part of the problem, writes Samuel Norman.
‘Disappointment’ and muted activity: Dealmakers sour on UK market October 7, 2025 UK dealmakers’ faith in the economy has slumped to its lowest in nine years with executives blaming a string of policy blunders and a sluggish deal environment for weighing on market activity. Over half of Britain’s private equity and corporate finance bosses feel negative about the next 18-24 months, according to a fresh poll of [...]
The great Tory comeback? The public’s gonna need a lot of convincing October 7, 2025 A sceptical British public is not willing to listen to Tory promises of credibility after 14 years of government, writes Matthew Lesh.
Want to see the City thriving again? Consider becoming a mentor October 7, 2025 A dial-a-business-expert service could save struggling SMEs that just need a bit of advice. But we need more mentors to make it.
Unlock pension funds to power up UK infrastructure October 7, 2025 Unlocking capital from pension funds could power up our infrastructure while also providing better returns for customers, writes Mike Eakins.