The best sandwich in the City, from Porterford to Dilieto July 12, 2025 There is no better testament to how seriously the Square Mile takes its lunch than the queues snaking out of sandwich shop doors. Workers happily wait, shuffle and press to get their fix of bread and spread, meal deals be damned. Here is a list of City AM’s favourite sandwiches in the City, from wraps [...]
BT powers ahead as UK tech services offer rare growth signal July 11, 2025 BT Group has become one of the standout performers of the FTSE 100 this year, with its share price climbing over 34 per cent since January, and hitting a near five-year high. The telecoms and broadband giant is being closely watched as it ramps up fibre roll-out, explores strategic moves around its Openreach infrastructure arm, [...]
Week in Business: The tragedy of Labour’s tax addiction July 10, 2025 From the housing market to the stock exchange, some taxes need to be reformed or reduced - but this government only wants to hike rates.
Here’s how failing TfL can restore confidence in our graffiti-riddled Tube July 10, 2025 Sky-high pay and bonuses, PR gaffes, and a failure to tackle graffiti and fare dodging suggest that TfL is losing touch with its customers, writes James Ford Last week was bad news week for Transport for London (TfL). Poor old Andy Lord, the beleaguered transport commissioner, started the week by explicitly denying that a lengthy [...]
Reform top the polls but voters cool on Nigel Farage July 9, 2025 Reform UK continues to ride high in the opinion polls – climbing 16 points since last year’s election – yet voters appeared to have cooled on Nigel Farage as new City AM polling suggests he’s lost some of his shine. A post-government slump in support for the Conservative Party and lack of approval for the [...]
Wealth and stealth: Starmer eyes fresh tax hikes July 9, 2025 Keir Starmer has refused to rule out a wealth tax or so-called stealth taxes, a day after the fiscal watchdog said unfunded spending commitments on welfare put the public finances under intense pressure. The Office for Budget Responsibility (OBR) gave a damning verdict of the state of public finances in a comprehensive report published on [...]
Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP July 9, 2025 The OBR is being far too optimistic in its assumptions about productivity growth in the UK – meaning the scale of the country’s debt problem is even greater than it appears, says Ben Ramanauskas According to the OBR’s forecast, the National Debt is projected to be over 270 per cent of GDP by the 2070s. [...]
London firms turn to hiring part time workers July 9, 2025 Businesses across London have turned to hiring more part-time workers ahead of a hot summer, with higher employment taxes prompting owners to offer more flexible work. A new survey by the London Chamber of Commerce and Industry (LCCI) has found that the capital city’s economy was in recovery mode, with sales rising and cash flows [...]
Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies July 9, 2025 The FTSE 100 opened 22 points up this morning, despite threats of pharma and metals tariffs with stark implications for major stocks on the blue chip index. President Trump has said that an announcement is coming “very soon” on pharmaceutical tariffs – with a possible 200 per cent rate landing in “about a year”. Major [...]
Hovis: Losses widen amid Kingsmill merger talks July 9, 2025 Losses have widened at bread maker Hovis amid ongoing merger talks with the owner or rival Kingsmill, it has been revealed. Hovis, which is backed by private equity firm Endless, saw its pre-tax losses go from £3.6m to £4.7m in the year to 28 September, 2024. New accounts filed with Companies House also show its [...]