Millennials and Gen Z cling to property dream as house prices soar September 8, 2025 Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]
Labour is gambling with Britain’s global competitiveness – ‘real-life Iron Man’ September 8, 2025 A British engineer and chief executive, known as the ‘real-life Iron Man’, has warned the Labour government is “gambling with Britain’s competitiveness on a global stage”. Richard Browning, a former Royal Marine who leads Gravity Industries, has written an open letter to education secretary Bridget Phillipson expressing concern over the “waning entrepreneurial spirit across our [...]
Defence training to be ramped up to ‘wartime pace’ in new strategy September 6, 2025 Defence training will be ramped up to a “wartime pace” in a new education drive aimed at growing the UK’s skilled workforce, the Government has said. Under the plans, five new “technical excellence colleges” will be set up across the country as well as targeted short courses and Stem schemes for school students to pursue [...]
Cabinet reshuffle: Lucy Rigby replaces Emma Reynolds as City minister September 6, 2025 Former solicitor general Lucy Rigby has been made Economic Secretary to the Treasury, a role often called the City minister, in the latest development in Starmer’s reshuffle. Rigby replaces Emma Reynolds, a former City lobbyist who had held the role since last July but who has now become environment secretary. In a post on X, Rigby said she was [...]
The learning machine: How did Bill Gates become so successful? September 6, 2025 Bill Gates’ new autobiography recounts an unusual childhood, says Rainer Zitelmann Bill Gates, who is turning 70 this October, recently released an autobiography exploring his childhood and formative years, Source Code: My Beginnings. The book’s key themes include learning, rebellion, ambition and competitiveness. One of the formative experiences he recounts is how he used methodical [...]
Poppy Gustafsson resigns as investment minister September 5, 2025 UK investment minister Baroness Poppy Gustafsson is stepping down less than a year after the former boss of cyber security firm Darktrace was appointed to the role by Prime Minister Keir Starmer. Gustafsson is understood to be leaving to spend more time with her young family, with the announcement due in the next few days. [...]
Young men more likely to use AI to guide investment decisions September 4, 2025 Young men are more likely to use AI to guide their financial decisions compared to older generations and women. Men aged 18-34 are also increasingly likely to turn to AI for financial advice, than older generations, according to wealth management company Handelsbanken. Around a quarter of respondents who used AI admitted it was an alternative [...]
Parents forced to delay retirement to bankroll staggering university costs September 4, 2025 Over a third of UK parents are postponing retirement to fund their children’s university education. According to a new study from wealth manager Rathbones, parents expect to work an average of five years longer than initially planned to afford increasingly higher education costs. However, more than a quarter estimate they will need to extend their [...]
On this day: The worst blazes of the Great Fire of London September 4, 2025 On this day in 1666, the worst blazes of the Great Fire of London engulfed the City. Eliot Wilson tells us more.
‘I’ve had too many lunches to remember the best’: City AM co-founder Lawson Muncaster on 20 years in the Square Mile September 4, 2025 To mark 20 years of City AM, we spoke to the man who’s been there from the start, our managing director and co-founder Lawson Muncaster.