AI reduces founders’ need for capital, says Revolut Business Tech AI is reducing the amount of capital startups need to build global businesses, shifting the battle for founders away from funding and towards which countries offer the best environment to scale, according to the head of Revolut Business. Speaking to City AM, James Gibson said AI had dramatically lowered the cost of building and operating [...]
Sadiq Khan’s London plan is not nearly ambitious enough Opinion London isn’t building and the draft London Plan put forward by the Mayor last week will do very little to change that, says Sam Dumitriu It is unwise to take on additional responsibilities when you are failing to fulfill those you already have. As Mayor of London, one of the soon-to-be Lord Khan of Tooting’s [...]
Sadiq Khan urges tougher Ofcom action as UK prepares social media ban rules Tech Sadiq Khan has called on social media companies to change algorithms that promote violent and misogynistic material, as London launches a £5m programme to tackle the effect of online harms on young people. The mayor of London also believes the state should be ready to intervene where platforms cannot or will not change their recommendation [...]
Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor July 11, 2026 London mayor Sadiq Khan has weighed into the debate over who should be the next chancellor, lobbying Andy Burnham to select Ed Miliband for the job. In a private discussion with Burnham, Khan argued that Miliband had both the political skills and economic expertise to deliver Burnham’s agenda, including devolving powers to city regions, people [...]
No air conditioning on the Tube? Blame Sadiq Khan July 9, 2026 You could be riding in new, air conditioned trains on the Piccadilly Line and DLR but City Hall has botched their introduction. James Ford is getting hot under the collar... Do you find the tube to be oppressively hot in the summer and unbearable in a heatwave? Ever found yourself sweating on the Central Line? [...]
Mayor gives green light for 4am Joshua vs Fury fight at Wembley July 8, 2026 Sadiq Khan has given the green light for a 4am start to the Battle of Britain boxing bout between Anthony Joshua and Tyson Fury if it is held at Wembley Stadium. Sources close to the Mayor of London told City AM it is “doable” in a move that would make for TV-friendly viewing times in [...]
London councils won’t be able to sue their way to more homes being built June 25, 2026 Last week I asked the chief executive of one of the country’s largest housing developers to sum up the state of housebuilding in London, and the answer was “dire.” If I’d allowed two words I suspect one of them would have been unprintable. The situation is so disastrous that Sadiq Khan was forced to lower [...]
Mayor Khan makes case for London to host Joshua vs Fury boxing bout June 18, 2026 The Mayor of London has said he will work to support any bid to see Anthony Joshua and Tyson Fury fight in the capital. The two heavyweights are on a collision course in the ring in what would be a Battle of Britain bout. And despite the pair both losing their undefeated records in recent [...]
Exclusive: London in talks to host return of sumo at Royal Albert Hall June 18, 2026 Sumo wrestling could return to the Royal Albert Hall by the end of the decade as talks between London and Tokyo edge towards a deal, City AM can reveal. London Mayor Sadiq Khan met the Japan Sumo Association in Tokyo this week following on from last year’s give-day Basho at the iconic Kensington arena. It [...]
Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs? June 10, 2026 In today’s episode of City AM’s Business As Usual podcast, we get stuck in the top stories of the day – from a major pharma M&A deal to a US software giant poised to take legal action against the Mayor of London. City Editor Simon Hunt gives his round up of major markets stories, as Pharma giant [...]