JP Morgan poaches Monzo’s banking officer to head up Chase UK April 17, 2026 JP Morgan has poached a top executive from Monzo to head up Chase UK. The Wall Street giant has hired Kunal Malani, who has served as chief banking officer at Monzo since 2020, to lead its UK-based digital banking service. Malani has had stints at Barclays and HSBC in his retail banking career before heading [...]
£21 million to change a generation: the case for financial education now April 17, 2026 It is hard to believe that only four months have passed since I first saw that City A.M. had partnered with City Pay It Forward. In truth, it feels far longer, because the cause they champion — financial education for the next generation — is one that has mattered to me for most of my [...]
Pub of the week: The Walrus and Carpenter is pints perfection April 17, 2026 We have opened nominations for the Toast the City Awards 2026. Each week we’ll be profiling some of the nominees: today it’s the Walrus and Carpenter, a pub like no other beside Monument. To find out more and to nominate your favourite bars, restaurants and hidden gems, visit the website here. “‘The time has come,’ [...]
UK suffered biggest unemployment surge in G7 April 16, 2026 UK unemployment rose at a faster pace than any country in the G7, the OECD has said, with a sharp rise in joblessness particularly damaging for the youngest people. Unemployment levels across the country rose sharply by 0.8 percentage points over the year to 5.2 per cent between the last three months of 2024 and [...]
Hoo Hing: London’s largest Chinese supermarket defies sterling slump to return to profit April 16, 2026 London’s biggest Chinese grocery group has returned to profit, despite being hit by a weaker pound and falling revenue. Dagenham-based Hoo Hing Holdings was founded in the 1970s and has superstores in Mitcham, Milton Keynes and Park Royal. It posted a small pre-tax profit of £167,559 for the 12 months to the end of June [...]
UK rejoins Erasmus: British students to study across Europe from 2027 April 16, 2026 Six years after Brexit, British students will soon be able to study and work across Europe again, as the UK formally re-joins the Erasmus programme. The legal text, signed in Brussels on Wednesday, is intended to bring the UK back into the programme in 2027 after the UK pulled out of in December 2020 as [...]
Cognac: The storied history of France’s luxury spirit April 16, 2026 Whisky Business: City AM’s monthly look at the world of whisky. This week, a look at the world of Cognac. Cognac is one of the world’s most storied spirits. Created around 500 years ago, more out of necessity than anything else, Cognac is today associated with luxury, high-end quality and refined craftsmanship. The story of its [...]
On this day in 1660: The birth of Sir Hans Sloane, father of the Sloane Ranger April 16, 2026 On this day, 16 April, in 1660, Sir Hans Sloane, whose name would later be lent to London socialite class the Sloane Rangers, was born.
The new V&A East Museum is a bold addition to Stratford April 16, 2026 If the purpose of art is to provoke a reaction, the V&A East Museum manages that feat before you’ve even stepped across its threshold. Design studio O’Donnell + Tuomey’s £135m creation is a mad-looking thing, an impossible collection of angles and aspects, animalesque, squatting on its haunches beside Sadler’s Wells and overlooking West Ham’s London [...]
Pizza king points to youth joblessness as restaurant group eyes takeovers April 15, 2026 The boss of restaurant group Bow Street raised concerns over youth joblessness as the firm behind Dim T slipped into an annual loss, but outlined his dealmaking plans. David Page, now the chief executive of the Aim-listed firm, is a former boss of Pizza Express and played a key role in the expansion of Franco [...]