The Capitalist: City AM, sexing up the Budget since 2005 October 30, 2025 INSIDE OUR INAUGURAL SQUARE MILE AWARDSThe Square Mile gathered in force last week to celebrate… the Square Mile. It was our inaugural Toast the City Awards, and gongs were handed out to the City’s best restaurant, bar, green space, rooftop and much more. However, Piccolo Bar, the winners of the best sandwich accolade, weren’t to [...]
Fujitsu rakes in more public sector work after Post Office scandal October 30, 2025 The IT company at the heart of the Post Office scandal raked in nearly half a billion pounds in public sector contracts between 2024 and 2025, an increase on the previous year’s figure despite it having pledged not to bid for new government contracts. Fujitsu, whose faulty Horizon accounting system led to the wrongful convictions [...]
OpenAI eyes $1 trillion IPO as soon as 2026 October 30, 2025 OpenAI has begun preparations for a blockbuster float that could see the tech juggernaut valued at as much as $1 trillion (£750bn). The ChatGPT maker is understood to be considering filing IPO paperwork as soon as the second half of 2026, with the listing taking place later that year or early the following year. OpenAI [...]
Trump’s DEI crackdown sparks ethics exodus across UK businesses October 30, 2025 US President Donald Trump’s crackdown on initiatives such as diversity, equality and inclusion (DEI) and environmental sustainability has drifted across the Atlantic. According to research by law firm Freeths, over half of UK businesses (54 per cent) have changed the way they approach ethical policies and practices. While over a quarter (28 per cent) have [...]
Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, City AM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
Business rates burden to disproportionately hit London offices October 28, 2025 The upcoming change in how business rates are calculated will affect far more office-based firms in London than elsewhere and may cause a rise in closures, according to a new report. The business tax reforms, scheduled for next April, will introduce a higher rate of payment for properties worth over £500,000. The new multiplier for [...]
Ballooning office rents price creative industries out of UK cities October 27, 2025 The UK’s creative industries are under threat from a spike in rents and a shortage of suitable space, according to a new report. With rents up a third since 2019 and growth in the creative industries stalling, businesses are being priced out of urban areas as workspace costs soar and margins tighten. “If these threats [...]
Next expected to reveal sales momentum despite consumer pressure October 26, 2025 Next is expected to report further growth for the past quarter as the high street chain continues to shrug off the squeeze on consumer finances. Shares in the company lifted on Friday to a new record high as investors continue to buy into the group. The company has been a consistent bright spot across the [...]
Toast the City: What’s the Best Green Space in the Square Mile? October 22, 2025 The Toast the City Awards are here to celebrate the very best in hospitality of placemaking in the Square Mile. On the eve of the big night, we are highlighting each of the 138 finalists who have beaten off competition from more than 2,000 entrants. Home to dozens of church gardens, pocket squares and public [...]
Toast the City: Who will win Best Boozer in our awards? October 22, 2025 The Toast the City Awards are here to celebrate the very best in hospitality of placemaking in the Square Mile. On the eve of the big night, we are highlighting each of the 138 finalists who have beaten off competition from more than 2,000 entrants. The Best Boozer category celebrates the very best old fashioned [...]