Making it Raine: US bank to earn £10m from Hundred franchise sales February 5, 2025 The Raine Group is on course to bank around £10m in commission from its role in the sale of the eight Hundred franchises. City AM has learned that the New-York based bank will earn fees worth two per cent of the price paid for 49 per cent stakes in the franchises sold by the England [...]
City of London approves major new skyscraper January 31, 2025 The City Corporation has approved a 54-storey skyscraper on the doorstep of UK’s busiest station as demand for office space continues to grow in the capital. The site at 99 Bishopsgate, which will become one of the tallest towers in the Square Mile, is set to provide a minimum of 1.2m sq metres of office [...]
House prices ‘gathering steam’ before stamp duty changes January 30, 2025 The UK’s housing market got off to its strongest start in three years in 2025 as both demand and supply increased, according to new data. Buyer demand was up 13 per cent and 10 per cent more homes were on sale, with rising sales supporting UK house price inflation of two per cent year on [...]
Apple eyes MLS sell-off as even Messi can’t save £2bn deal January 29, 2025 Apple TV is considering selling off some of its international rights to Major League Soccer (MLS) just two years into a 10-year deal. The streaming company is paying $250m (£200m) a year for global MLS rights in a bet that interest in the American domestic league would grow significantly on the back of Lionel Messi’s [...]
What you should be pouring in time for the Six Nations January 28, 2025 IT SEEMS like every retired Rugby player has a keen interest in wine. Former England player Andrew Sheridan achieved a wine Diploma and filmed a series with me in the Rhone; Brian Moore became a wine writer and critic; Mike Tindall launched The Rugby Wine Club; and Joe Marler had me on his podcast, Things [...]
If the Chancellor wants growth she must restore business confidence January 24, 2025 Confidence is fundamental to how businesses choose to invest and grow and at the moment it’s poor. If the Chancellor wants to turn this around she must listen to the City, says Sir Michael Snyder With the UK economy in the spotlight amid rising bond yields, high national debt, concerns over inflation and rising taxes, [...]
PRA under pressure to cut red tape as growth plans fail to excite the City January 22, 2025 The banking regulator is under pressure to go further and faster in its efforts to cut red tape from the City after it outlined plans to boost the growth of firms within its remit last week. In a letter to the Prime Minister and Chancellor, the PRA, which sits within the Bank of England and [...]
Open-source is the secret sauce that will power the future of AI January 18, 2025 Open-source – code made freely available to be redistributed and modified – has arguably been saddled with boring and technical branding, but it is an incredible powerful tool for challengers and essential to unlocking the potential of AI, says Camilla de Coverly Veale This week the government published their response to AI-superstar Matt Clifford’s AI [...]
Bottomuptogether could be a Smart Fighter on debut at Happy Valley January 14, 2025 BANK on former Hong Kong champion trainer Ricky Yiu to provide the best bet on a tricky and highly competitive nine-race programme at Happy Valley today. With just seven winners separating the top nine stables in the Trainers’ Championship at present, Yiu is making a strong bid to win another title he last held five [...]
Why the London Stock Exchange is no longer a home for the legal sector January 14, 2025 A scandal broke out at one of the only remaining listed legal groups last week. It is time to say the London Stock Exchange is not the place for the legal sector