As it happened: FTSE 100 rallies as economy beats forecasts; oil falls back September 11, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index rallied on Friday after the economy beat forecasts in July, surprising those in the City who had expected to see growth peter out. The Office for National Statistics (ONS) has revealed that the UK economy’s (GDP) grew by 0.4 per cent in July, [...]
Wetherspoon boss Tim Martin attacks government’s ‘unfriendly’ attitude to business September 11, 2026 Wetherspoon boss Tim Martin has said he is “very concerned” by the wealth exodus gripping the UK as he hit out at Labour’s “unfriendly” attitude towards entrepreneurs. The pub tycoon said it is “madness” to blame the number of ultra-rich businesspeople leaving the country on anything other than the business conditions created by the government. [...]
KBRA Assigns Preliminary Ratings to UK Logistics 2026-4 DAC September 10, 2026 KBRA UK (KBRA) is pleased to announce the assignment of preliminary ratings to five classes of UK Logistics 2026-4 DAC, a CMBS single-borrower transaction. The collateral for the transaction is a £613.7 million limited recourse, first lien mortgage loan expected to be originated by Barclays Bank PLC in September 2026. The floating-rate loan is expected [...]
Surge in borrowing costs could force Healey to deliver ‘emergency Budget’ September 10, 2026 Surging government bond yields could force John Healey to deliver an “emergency Budget” in which the UK’s new Chancellor drives through a wave of spending cuts in a bid to bear down on Britain’s ballooning debt pile. UK gilt yields have this week surged to the highest rates seen in decades amid rising uncertainty over [...]
London hotels call on GLA to halt overnight visitor levy plans September 10, 2026 The London Hotel Association is calling on the Greater London Authority (GLA) to pause progress towards the proposed Overnight Visitor Levy (OVL), warning that implementation is moving ahead before the potential economic, commercial and operational consequences have been properly assessed. Following a recent meeting with the GLA, a collective of London hotels from the London [...]
BGC Group Announces its First-Ever Fully AI Brokered Institutional Trade in Listed Equity Derivatives September 10, 2026 Fully autonomous transaction between two institutional accounts marks milestone in AI-powered trading
Burnham warned against using ‘accounting trick’ to ramp up borrowing September 10, 2026 Andy Burnham and John Healey have been warned against using an “accounting trick” to ramp up borrowing given the volatility shaking bond markets and traders’ vigilance to extra gilt issuance. Analysts at Oxford Economics said that it looked likely the government would use extra borrowing across bodies like the British Business Bank and the National [...]
Starburst Free Spins UK September 10, 2026 One of the classic and most popular online slot games, Starburst, continues to entertain players. New to the game, or just looking for some playing tips? We have got everything you need to know about Starburst, including how it works, standout features, the various symbols and Starburst free spins bonuses. City AM’s journalism is supported [...]
Hospitality sector blasts Burnham’s uncapped tourist tax September 10, 2026 The hospitality sector has blasted proposals from Andy Burnham’s government to introduce a fresh tax on tourists. The industry has been left reeling after the government confirmed a new overnight levy on tourists that will have no upper cap. Regional authorities are set to be handed the power to introduce a levy to support regional [...]
John Lewis posts £120m loss as Labour tax raid pushes up costs September 10, 2026 The owner of John Lewis fell to a loss of more than £120m in the first half of its trading year as the retail giant hit out at Labour tax raids for “the increased costs of doing business”. The John Lewis Partnership, which also owns Waitrose, posted a pre-tax loss of £124m, 41 per cent [...]