City AM

Deloitte reported a rise in revenue in its latest financial year even as growth in its technology and transformation division slipped lower, as the consultancy sector comes under pressure from artificial intelligence.

A class action lawsuit representing millions of UK motorists and businesses affected by inflated shipping fees has settled for £57m less than its original £150m target.

The Chancellor is weighing up proposals to raise the personal allowance at next month’s Budget in what could be the biggest shake-up to income tax rules in years.

A top economist at the Office for Budget Responsibility (OBR) has sent a warning on the effect more tax rises could have on growth and on the public’s expectations about “what the state can do for them”.

Mayor Sadiq Khan has invited a bid from West Ham United to buy the London Stadium, saying he “would consider any credible proposal” to offload the publicly subsidised venue.

The co-founder of a City-based law firm behind the largest group claim in UK history against mining giant BHP said he will file a cease-and-desist to have his name removed after the firm initiated legal action against its own clients in the claim.

Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status.

Poundland’s owners are considering selling off the discount retailer and its Irish branch, Dealz, in two separate transactions, City AM has learned.

FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions.

Lord’s Cricket Club, West Ham United and big-four accounting firm EY are among the big-name firms which are owed £190m by Brewdog.

A senior Treasury minister, while praising the state of the UK economy, has said entrepreneurs should not be “put off” by inheritance tax.

Tiktok will pay a £12.7m UK fine over its handling of children’s data after abandoning a three-year legal challenge, despite maintaining that it disagrees with the privacy watchdog’s findings.

Women have the skills and ambition to stay in tech, but too many hurdles are forcing them out, writes Vanessa Vallely in today’s Notebook Women are being driven out of tech Women in tech only make up 20 per cent of the tech industry, but the ones who are…

John Healey’s reported plans to slash the breathing space the government has before it breaks its spending rules would spark a negative bond market reaction and lead investors to question the country’s commitment to fiscal credibility.

A Bank of England policymaker has suggested that an interest rate hike looks “increasingly likely” if energy prices remain higher for longer although officials struck a cautious tone on whether UK inflation would spiral over the next year.

Each week, we dig into the memory bank of the City’s great and good.

Cigars at Quaglino’s, a cricket-playing Prime Minister and diplomacy at the Bloomberg relay; catch up on the latest City shenanigans in this week’s The Capitalist THE TORTOISE AND THE SQUARE (MILE) Bloomberg terminals don’t come cheap but there are clear…

Allowing supporters to drink alcohol on the terraces would be “short-sighted” and “send football back to the depths of the ‘80s”, Andy Burnham has been warned.

London’s sluggish IPO market showed signs of a rebound on Wednesday as Airtel Money confirmed plans for a bumper listing – now the City is hoping it will get the domestic pipeline moving, writes Charlie Conchie.

DFS has toasted its partnership with media personality Amanda Holden as the sofa seller saw profits jump by a third.

Fifa president Gianni Infantino has underlined his determination to stay in power, insisting he has “never been more determined and committed”.

Britain’s America’s Cup challenger expanded its sponsorship portfolio overnight, adding timekeeper Richard Mille to its roster.

Chancellor John Healey is debating accepting a smaller fiscal buffer in order to reduce tax hikes in next month’s Autumn Budget.

AO World has struck a deal with Dragons Den star Peter Jones to acquire struggling camera retailer Jessops.

Raspberry Pi’s profit more than tripled in the first half of 2026 as demand for its low-cost computers surged and price rises boosted revenue.

Vistry has taken a nearly £500m hit to its value, as the beleaguered housebuilder’s new chief executive sets out drastic plans to downsize the firm to ensure its survival.

Generating atmosphere at live sport is no easy feat – and it might not be the one that everyone wants – but Athlos succeeded, writes Ed Warner.

Welcome back to City AM‘s FTSE 100 live blog.

The cyber insurance market is facing a turbulent time as agentic AI hacks pose new challenges and threats.

Everything companies have done to prepare for a cyber attack is now “completely old world” following the OpenAI–Hugging Face hack over the summer, a top City lawyer has warned.

Modern casinos are regulated entertainment destinations that invest in city centres, support skilled local careers and strengthen Britain’s visitor and night-time economy.

The House of Lords may no longer require ties, but you should wear one.

Do you want the good news or the bad news?

Smart use of AI could add £80bn in productivity gains to the British economy by 2035, but too few businesses have the workforce to deploy it effectively, says Steve Rigby The daily AI discourse moves between a few regular topics: eye-watering investment in

Andy Burnham’s first conference speech will crown an extraordinary for the former Mayor of Manchester turned Prime Minister, but it’s also the moment he must explain how he will meet the challenges ahead, says Douglas Beattie What a difference a year makes

As business chiefs look forward to the Labour Party conference and the ensuing Budget, Maurício Alencar explores how a difficult fiscal backdrop could disrupt meetings and undermine high expectations.

The West End risks losing its status as one of the world’s best shopping and hospitality destinations without immediate action to cut tax and boost policing, Andy Burnham has been warned.

ChatGPT and other AI assistants are not guaranteed a place on Google’s search choice screens under new UK competition rules, City AM understands, despite proposals to open the door to rival services.

The boss of Airtel Money has laid out his rationale for selecting London as his chosen venue after the firm unveiled plans for a multi-billion pound IPO that could be Britain’s biggest in years.

Working with Tesco can be both a blessing and a curse, a relative of mine, who used to work in wine sales in Australia, recently told me.

Retailers have called on John Healey to slash the “burdensome” costs of doing business at the Budget next month, warning that consumer confidence will continue to stumble without urgent action.

Scores of benefit claimants would receive their welfare payments on a ‘Back To Work’ card that bans spending on alcohol, cigarettes or betting under plans announced by the Conservatives.

Britain’s automotive industry is set to get an extra £350m of investment as Bentley drives new funding into its headquarters in Crewe to build its first fully electronic vehicle, marking the third major boost in a week for the sector.

The founder of a collagen company has lost a battle over a £3.6bn tax bill after a judge ruled his product could not be classified as food and therefore cannot claim VAT exemption.

Red Bull spent £1.3bn on athletes like Ben Stokes marketing its energy drinks last year as the firm reported a jump in sponsorship costs.

The boss of Ryanair has warned Andy Burnham that the budget airline will cut its flight capacity in the UK if the government refuses to drop plans for a “double tax” on tourists.

Legal and General plans to cut 1,000 jobs by the middle of next year as part of a push from chief executive Antonio Simoes to create a “leaner operation”.

The owners of Lidl are among the front runners to snap up dozens of Tesco stores as the British supermarket chain seeks to offload some of its biggest subsidiaries.

Tottenham Hotspur have lost another senior off-field figure after the club’s chief revenue officer jumped ship to MotoGP.

British cyber security firm Chaleit Holdings is set to float on London’s junior market next month, becoming the second company to unveil plans for a City listing on Wednesday as signs of life emerge from the capital’s battered IPO market.