Live: Gold hits new high amid global uncertainty September 9, 2025 UK equity markets appear poised for a lower open this morning, following the US markets’ overnight decline. However, the NASDAQ index of tech stocks reached a new all-time high yesterday and so did the price of gold, which continues to head higher on speculation the Federal Reserve will cut interest rates further throughout the rest [...]
Eastern City Presents: City Views Installation September 8, 2025 Four innovative and creative wayfinding totems have been installed in front of the main viewing galleries as part of a collaborative project with the London Festival of Architecture, the Eastern City Business Improvement District and the City of London corporation. This collection of architectural street furniture will connect the viewing galleries across the Eastern City [...]
Challenger banks face ‘profitability trap’ at growth crossroads September 8, 2025 The UK banking sector faces a profitability roadblock that will give the industry’s challengers an “existential” turning point. Fresh data from KPMG suggests the industry’s average return on equity will fall to eight per cent come 2027 down from 13 per cent four years prior. This is set to spark an £11bn reduction in pre-tax [...]
UK should be the destination of choice for Asia-based investors September 8, 2025 A new sun is rising in our relationship with our Asian partners. My message to them is clear: whatever you want to do, London can help you, writes Alastair King.
Cross-party politicians urges Starmer to prioritise audit watchdog reform September 8, 2025 The Prime Minister has been urged by 66 MPs and Lords in a cross-party alliance to prioritise the long-overdue Audit Reform and Corporate Governance Bill that was promised last year. In the King’s Speech in July 2024, the newly elected Labour government unshelved the Bill that would reform the Financial Reporting Council (FRC) into a [...]
What next for Tottenham Hotspur after Daniel Levy departs? September 5, 2025 When it finally came, Daniel Levy’s departure as chair of Tottenham Hotspur took everyone by surprise – even those within the club. On Thursday, just before 6pm, Spurs announced that the man tasked with running the club for the Lewis family for almost a quarter of a century was stepping down. Before the evening was [...]
JLR staff told to stay at home amid massive cyber attack disruption September 5, 2025 Thousands of workers at Jaguar Land Rover (JLR) were told to ‘stay at home’, and customers are facing major delivery delays after a cyber attack forced the company to shut down production across its plants. The incident, which began on Sunday, halted the UK’s biggest carmaker’s operations at sites in Solihull, Halewood, Wolverhampton and Castle [...]
Rachel Reeves warned on bank tax by lobby group boss September 4, 2025 Rachel Reeves has been hit with a firm warning from the banking industry to avoid taxes on the sector or risk harming economic growth. The Chancellor has received a letter from the boss of UK Finance – a lobby group for the banking industry – which details the harm of tax on the sector. David [...]
Pothole partners: JCB to be official exhibitor at Reform conference September 4, 2025 JCB will be one of the ‘official exhibitors’ at this week’s Reform Party conference, where it will showcase a pothole machine in the latest sign of tightening ties between the poll-topping party and blue-chip UK firms. The yellow-liveried manufacturer, which is owned by longstanding Tory donor Lord Bamford, will be one of the most prominent [...]
‘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.