Gilt trip: why markets are punishing Rachel Reeves August 28, 2025 Without a credible and transparent medium-term fiscal plan, bond markets will continue to price in higher risk and demand higher returns, says Gareth Davies The UK economy faces an uncomfortable reality. On one side, inflation has continued to rise. On the other, government borrowing costs have surged, with gilt yields now at their highest level in [...]
Exclusive: Female CFOs generate greater returns for investors August 28, 2025 Female chief financial officers (CFOs) in the UK are routinely outperforming industry benchmarks, according to a new study shared exclusively with City AM. According to finance management platform OneStream’s Glass Chair study, UK companies led by female CFOs have delivered an average total return 1.5 per cent above industry benchmarks. That figure grows to 3.2 [...]
Mental health overdiagnosis ‘costs £16bn a year’ August 28, 2025 The overdiagnosis of mental health illness in young people costs the UK around £16bn a year, a new report has suggested, with former Chancellor Jeremy Hunt claiming policies he introduced around Special Education Needs and Disabilities (SEND) required “stretching questions”. Research by the right-leaning think tank Policy Exchange has found that the overdiagnosis of mental [...]
Hard-up Irish FA savaged after announcing plans to slash workforce August 27, 2025 The debt-ridden Football Association of Ireland has been accused of showing its staff “utter contempt” after it announced it would be making compulsory redundancies. The FAI, which has around 230 employees, said jobs would have to go as part of “a significant transformation programme to modernise how football is developed and delivered in Ireland”. It [...]
England’s fertility rate drops to record low August 27, 2025 The fertility rate across England and Wales has fallen to a record low, according to official figures, which is likely to fuel clashes between policymakers and economists over immigration controls. The Office for National Statistics (ONS) has revealed that the total fertility rate, which is measured by the number of children women would expect to [...]
Ahead of the Game: Fifa eyes Morocco over Spain as 2030 World Cup HQ August 27, 2025 Fifa is in advanced discussions about basing the headquarters of the 2030 World Cup in the Moroccan capital Rabat. The centenary World Cup will be co-hosted by Morocco, Spain and Portugal, with the opening three games to be held in Paraguay, Argentina and Uruguay in a nod to the competition’s roots. The 2026 World Cup [...]
What has caused the M&A surge in the UK financial sector? August 27, 2025 The UK financial sector has seen an influx of merger and acquisition (M&A) activity so far this year as investors look to capitalise on emerging opportunities in the market. Growing economic stability in both the private and public markets, following a period of instability caused by inflation and soaring interest rates, has sparked a renewed [...]
One in ten UK banking jobs at risk from AI August 27, 2025 Bankers across the UK could be on the chopping block as the industry piles billions into AI. The push into the modern tech will put some 27,000 roles at risk – representing ten per cent of the UK banking sector’s workforce. By 2030, banks across the country will have piled over £1.8bn into generative AI [...]
Try this City of London rooftop bar to cool off after boiling hot office days August 26, 2025 Our Toast the City Awards are celebrating the City’s top spots and takes place this October. This week: Wagtail rooftop bar and restaurant. During some months there are more Google searches for ‘London rooftop bars’ than ‘new London bars’ – and that’s true even in winter. It’s just one sign that the capital’s intense love-in with sky-high [...]
UK businesses set to face tougher compliance over fraud August 26, 2025 British businesses need to prepare for a “sea change” as the new powers to tackle fraud come into effect next Monday. The Serious Fraud Office (SFO) director Nick Ephgrave told City AM last year that time was running short for businesses “to get their house in order” ahead of its new powers. From 1 September, [...]