Talent is fleeing Trump’s America and Britain stands to benefit May 1, 2025 The US is experiencing a brain drain as the American dream turns into a nightmare under Donald Trump. Britain should welcome American talent with open arms, says John Caudwell I cannot be the only one watching with deep concern as the United States – a nation once synonymous with opportunity and freedom – descends into [...]
Mark Kleinman: Is Reeves about to rip up ring-fencing? May 1, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Is Reeves about to rip up ring-fencing? Rachel Reeves rips up ring-fencing: it’s an alliteration aficionado’s dream headline. It’s also an increasingly realistic one, following an intervention by a quartet of UK bank chiefs last week [...]
Battersea Power Station receives green light for next phase of development May 1, 2025 Battersea Power Station has received planning consent for the next phase of its 42-acre regeneration. A new group of residential, retail, community and leisure builds has secured planning approval from Wandsworth Council, completing “London’s newest street”, Electric Boulevard. Head of development at Battersea Power Station Development Company (BPSDC), James Wixley, called the planning consent the [...]
Ed Warner: Why our review calls for the RFU Council to be disbanded April 30, 2025 A review has called for the RFU Council to be disbanded. City AM columnist Ed Warner, who was part of the review panel, explains its conclusions. A number of readers have asked why I’ve been silent on the turmoil within English rugby in recent months. Resignation of the chair of the RFU; a special EGM [...]
Dubai real estate firm to sponsor Chelsea for rest of season April 30, 2025 Chelsea have announced major Dubai-based firm Damac Properties as its front-of-shirt sponsor for the remainder of the season. The deal will see the UAE brand on the Stamford Bridge team’s shirts from tomorrow evening, when the Blues take on Djurgarden in the Europa Conference League in Sweden. But the deal will conclude at the end [...]
London’s AI surge at risk from skills crunch, Amazon warns April 30, 2025 London businesses are embracing artificial intelligence (AI) faster and more comprehensively than the rest of the UK, but the capital’s acute digital skills shortage risks limiting the broader economic gains from this progress. New research from Amazon Web Services (AWS) revealed exclusively to City AM that 67 per cent of London-based businesses have now adopted [...]
Supply, skills and sustainability: futureproofing procurement for the UK April 30, 2025 UK procurement professionals face a range of challenges in the next few years, from global political and economic uncertainty to recruitment and making the most of technology. Procurement in the UK is changing. The wider environment, with political uncertainty coupled with economic volatility, makes for a challenging landscape. Procurement is increasingly tasked with striking the [...]
Labour to be handed ‘spying powers’ on bank accounts in Fraud Bill April 30, 2025 Labour is facing fresh questions over its Fraud Bill, which has been slammed for handing the government “spying powers”. The legislation, which passed in the Commons on Wednesday, bulks up the Department for Work and Pensions’ (DWP) ability to recover money directly from fraudsters’ bank accounts. The DWP pledged the reforms would deliver “the biggest [...]
Nottingham Forest owner Marinakis gives up control of club April 30, 2025 Nottingham Forest and Olympiacos owner Evangelos Marinakis has relinquished control of the Premier League club in order to avoid scuppering their Champions League qualification. Marinakis has placed his Forest shares in a blind trust to ensure that he does not fall foul of Uefa rules preventing control of two teams in the same European competition. [...]
US economy shrunk by 0.3 per cent in first quarter April 30, 2025 The United States economy shrunk by 0.3 per cent in the first three months of 2025, after American companies raced to get ahead of Donald Trump’s sweeping tariffs by stockpiling imports. According to official government data, the US economy fell into contraction from growth of 2.4 per cent, with the effect of higher imports compounded [...]