Tesla: UK sales slump by £500m as profit slashed September 26, 2025 Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]
Trump slaps 100 per cent tariff on imported drugs September 26, 2025 US President Donald Trump announced a new round of tariffs on Thursday evening, with the pharmaceutical industry expected to be the hardest hit. Trump revealed that the US will impose a 100 per cent tariff on imported branded drugs, a 25 per cent tariff on all heavy-duty truck imports, a 50 per cent tariff on [...]
The space economy will not succeed without private ownership September 26, 2025 A space economy based on legal conditions that ban private property – like those of North Korea – will never flourish, says Rainer Zitelmann After the Moon Landing of 1969, manned space travel stagnated for over half a century. The space shuttle was far too expensive and never lived up to expectations. It was only [...]
City Giving Day brings philanthropic flair to the Square Mile September 25, 2025 The City of London swapped suits for spandex, bells, and bingo this week as City Giving Day rolled out across the Square Mile. The annual celebration, now a cornerstone of The Lord Mayor’s Appeal, saw hundreds of firms and thousands of participants engage in activities that blended philanthropy with light-hearted competition. The Lord Mayor launched [...]
Is Britain open for business or not? September 25, 2025 Britain’s tax rate is neutral at best when it comes to attracting investment, and as international competitors up their game, we may need to go further just to stand still, says Tim Sarson How attractive is the UK as a place to invest? It’s confusing, isn’t it? In the last few weeks we’ve had a [...]
Mark Kleinman: Investor row is a Curve-ball for Lloyds deal September 25, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Investor row is a Curve-ball for Lloyds deal Talk about a messy divorce. For investors in Curve, the digital wallet provider founded a decade ago, its impending sale to Lloyds Banking Group, Britain’s biggest high street [...]
City AM The Magazine celebrates the arrival of autumn with a bumper new edition September 24, 2025 City AM The Magazine, Autumn edition, will be on the streets from Monday, or pick up a copy at The Royal Exchange. Past issues, featuring Benedict Cumberbatch, Daisy Ridley, Erin Doherty and Prime Minister Sir Keir Starmer are available to read online It’s officially autumn, heralding the return of knitwear, overpriced guilty pleasure spiced lattes, [...]
Fashion Frenzee Closes London Fashion Week with a Powerful Celebration of Conscious Fashion September 24, 2025 London, 24 September 2025 – Fashion Frenzee brought London Fashion Week to a dynamic finale on Monday evening, uniting designers, artists, fashion lovers, and changemakers in the historic Guildhall Art Gallery, transforming the City of London Corporation’s iconic venue into a runway of creativity, innovation and sustainable spirit. The pioneering event, delivered by Central London [...]
Stalling Starling revs up Engine in rebrand September 24, 2025 Veteran of the UK fintech industry Starling has overhauled its brand with a fresh colour palette, a new slogan and even a new name. The digital lender announced last week it would drop the word “Bank” from its banking arm’s name in a move analysts have described as a “significant” step in its evolution. The [...]
Shaping the Square Mile’s future September 24, 2025 Destination City Partnership Fund: Let’s Shape the Future of the Square Mile Together. It’s easy to let milestones—big and small—pass you by in a city as fast-paced and ever-changing as London. But this summer, I paused to reflect on a few of my own milestones—both personal and professional. On the personal side, I celebrated a [...]