London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
FTSE 100 Live: Inflation eases more than expected ahead of rate decision December 17, 2025 Good morning and welcome back to the City AM liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]
Manchester City v Premier League battle set to drag on beyond season December 17, 2025 Manchester City will face another lengthy wait to discover their punishment if they are found guilty of breaching the Premier League’s financial rules, as the much-anticipated verdict of the independent commission will be delivered in stages. The initial judgement of the commission, which finished hearing the case 13 months ago, will only deal with matters [...]
Cut interest rates, City AM Shadow MPC tells Bank of England December 17, 2025 The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, City AM’s Shadow Monetary Policy Committee has said in a three-way split decision. In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on City AM’s nine-strong Shadow MPC [...]
Redundancies hit highest level since pandemic as unemployment climbs higher December 16, 2025 The UK unemployment rate jumped above the 5 per cent mark and redundancies surged to their highest level since the pandemic. The Office for National Statistics (ONS) published damning figures on Tuesday morning that will likely send chills throughout the Labour government ministers ahead of the Christmas break. It said the number of payrolled employess [...]
UK investors spooked by tax hikes on dividends and savings December 16, 2025 Rachel Reeves’ Budget decisions have raised alarm bells among DIY investors after they were hit with tax hikes and cuts to incentives, despite the Chancellor’s aim to push more funds into public markets. Over 70 per cent of investors said they were concerned about the increased basic and higher rates of taxes on dividends, property [...]
Jobs losses continue in service sector despite ‘rebound’ in UK growth December 16, 2025 Jobs across the services sector declined in December despite some signals of a “rebound” across the UK economy in new survey data. Analysts at S&P Global said staffing numbers across UK firms continued to drop as the year drew to a close due to “intense cost pressures”. The services sector suffered the most significant drop [...]
FTSE 100 Live: Ofwat £11m fine; Unemployment at four-year high December 16, 2025 Good morning and welcome back to the City AM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New unemployment data showed another blow for the Labour government, which has denied that its policies have had an on the ailing jobs market. The UK [...]
Inflation to remain sticky before interest rates call December 15, 2025 Inflation is expected to remain stubbornly high in fresh data to be released on Wednesday, adding greater scrutiny to the Bank of England’s upcoming interest rates decision. Price growth is set to remain at 3.5 per cent in the year to November, a slight fall from the month before, according to consensus established by Trading [...]
High earners see purchasing powers eroded after Budget measures December 15, 2025 High earner households could lose thousands in purchasing power over the next few years as a result of measures introduced in last month’s Autumn Budget. According to analysis of HM Treasury data, high earners not rich yet (HENRY) households will see an average reduction in their annual purchasing powers by over £15,000 by 2029, due [...]
Betfred billionaire brothers share huge Peninsula pay day December 15, 2025 The billionaire founders of betting giant Betfred have shared another bumper payday after the continued success of HR giant Peninsula. Founded by Peter Done in 1983, the Manchester-headquartered group provides services for the likes of the Co-op, Fred Perry, David Lloyd, Dreams and PayPal. The group is run by Peter Done and is a separate [...]