City AM

Britain’s AI minister has ordered changes to government guidance that urged civil servants to limit their use of AI, saying it failed to reflect ministers’ ambitions to ramp up adoption across Whitehall.

Owners of Premier League club Everton, The Friedkin Group, are spending around £850m on a major new stadium that is set to host matches at the 2032 Euros.

Andy Burnham’s “costly” policy agenda and the resurgent threat of inflation are weighing on investors’ appetite for the UK, according to a closely-watched survey of top money managers, which also revealed waning hopes of a rebound in London’s IPO market t…

Labour conference parties, the Guinness revolution and the DWP response to the triple lock kibosh; catch up on the latest gossip in this week’s The Capitalist LABOUR PARTY PARTIES Labour supporters want you to know they had a good time in Liverpool.

The Canada arm of the billionaire family behind Primark is inching towards another deal, as it closes in on a £7bn takeover of Boots from its private equity owners.

Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms.

London will be hit the hardest if Andy Burnham lowers the threshold for the ‘mansion tax’ to £1.5m – which only gets you a flat or an ordinary terraced house in many parts of the capital, says James Cleverly Andy Burnham’s Family Homes Tax is yet another…

The yield that the UK government pays on its 30-year government bond rose above six per cent for the first time in this millennium, putting Chancellor John Healey in a collision course with markets.

Airtel Money is set to float at a valuation of £5.3bn in what would be one of the biggest listings on the London Stock Exchange in recent years.

UK house prices rose at their slowest rate since December last month as expensive mortgages and uncertainty ahead of the Autumn Budget fuelled caution among buyers.

Brazilian fintech Nubank has denied it is in active takeover talks with digital bank Monzo after shares in the firm plunged on speculation of a deal.

What if heavily punishing Manchester City causes their ownership to stick two fingers up at the Premier League and walk away, wonders Ed Warner.

It’s been quite the year.

Welcome back to the City AM liveblog.

The number of buses crashing in London is up by a fifth in seven years, but City Hall seems unconcerned.

Despite a challenging economic landscape marked by rising inflation and borrowing costs, the UK economy demonstrates unexpected resilience and potential for recovery, says Daniel Mahoney It is fair to say the economic landscape looks bleak.

Despite giving a passionate defence of everything home ownership can give to a family, Burnham’s actual policies do alarmingly little to address the scale of Britain’s housing crisis, writes Emma Revell Leaders’ speeches to their party conference are eith…

Es Devlin: Other Worlds | Design Museum | ★★★★★ As one of City AM’s theatre critics, I’ve long been blown away by the work of Es Devlin, perhaps the most famous set designer in the land (although Bunny Christie might have something to say about that).

Despite the efforts of an entire PR industry built to predict its demise, the Great Barrier Reef is actually flourishing, says Bjorn Lomborg Australia’s marine scientists recently released their annual audit of the Great Barrier Reef, and it contains news…

Whatever else Andy Burnham’s conference speech achieves, it has certainly opened up some major dividing lines in British politics – and some old wounds.

Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column.

Andy Burnham said he didn’t set out to deliver a “tub-thumping conference speech” but it was packed with huge pledges to take control over utilities and expand the state.

In part two of our investigation into the disinformation barons, Steve Dinneen dives into a world where hostile factions run smear campaigns for cash and victims have nowhere to hide.

Robert De Niro talks to City AM The Magazine about his enduring love for Nobu, and how aged 83, he is fiercely protective of his businesses In an intimidatingly futuristic building made almost entirely of glass, I pass through a marble-clad lobby, up a fl…

Backing Britain’s future through initiatives like the Scale-Up Fund means backing its public growth companies too, writes Danny Lopez In one of his first acts as Prime Minister over the summer, Andy Burnham announced a £1bn Scale-Up Fund for UK science and

Andy Burnham promised to be “pragmatic” about drilling in the North Sea in his conference speech.

Growth in UK bank lending is forecast to stall in the coming years as borrowers feel the pinch of uncertain economic conditions.

John Healey has been urged to bring down the “punishing” tax burden facing the retail and hospitality industries, which is higher than any other sector.

The owner of Poundland is weighing a break up of the retailer after receiving a flurry of bids for just some of its 600 shops, City AM understands.

Employers are set to face a fresh legal headache as the time limit for employees to bring claims to employment tribunals doubles, as the next phase of the reformed Employment Rights Act takes effect.

London-based ElevenLabs has hit a $22bn (£16bn) valuation after completing a $300m employee share sale, marking another sharp jump in value for one of Britain’s fastest-growing AI firms.

Man to Man | Royal Court | ★★★★☆ With a shock of dishevelled blond hair and the demeanour of David Bowie with an existential hangover, Tilda Swinton is perfect as the lead in Man to Man – so perfect, in fact, that this is the second time she’s done it, re…

As the Toast the City Awards hurtle towards us, Libby Brodie checks out one of our Best Bar finalists El Vino Fleet Street The Toast the City Awards are next month and, as one of the judges, I have to say I was absolutely bowled over by the spectrum of ex…

The family-run company behind Britain’s oldest brewery is exploring its future after wrestling with soaring costs and sliding sales.

Andy Burnham has vowed to not interfere in the Premier League’s battle with Manchester City but admitted he hopes it will not harm relations with Abu Dhabi.

France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned.

Andy Burnham has offered up a ten-year plan for socialism.

The NFL has cut ticket prices for this weekend’s fixture between the Indianapolis Colts and Washington Commanders in a bid to fill the Tottenham Hotspur Stadium.

A company backed by Mike Ashley has snapped up Boom Battle Bar for £11m, extending the retail tycoon’s push into leisure and hospitality.

Lisa Nandy has admitted there is “a problem” with Ofcom’s ability to enforce online safety rules as she signalled further regulation of tech firms beyond the government’s under-16 social media ban.

Craft beer giant Brewdog has launched a reset under its American owners Tilray.

The CEO of the England and Wales Cricket Board has admitted that tickets to the next Ashes series in 2027 are expensive.

Chinese intelligence tried to “covertly benefit” from British AI and technology research, security minister Dan Jarvis has warned, after MI5 accused a Beijing-linked institute of using UK academics to boost its spying capabilities.

Britain’s data centre developers could be handed a new route around years-long waits for electricity under Andy Burnham’s plan to open up the power grid to competition.

Huel, the meal replacement drink backed by Steven Bartlett, has been rapped by the advertising watchdog for an “irresponsible” ad featuring Made In Chelsea star Spencer Matthews.

Planned reforms to the triple lock on pensions will need 14 years before delivering savings worth more than £10bn, new government analysis has shown, as the Prime Minister admitted there was a “shortfall” in plans to fund a new National Care Service.

Car finance firm Motonovo has ramped up its provisions for the motor finance scandal as top banks and private equity firms explore a takeover of its parent company Aldermore.

Manchester City chiefs must face personal punishments if the findings that they orchestrated almost £1bn of secret payments to the club are upheld, according to former Football Association boss Mark Palios.

UK fintech Zilch is leaning towards a public debut on the London Stock Exchange as it kickstarts plans for a potential $2bn listing as soon as next year.

A British film studio founded by an ex-Lionsgate boss has folded into administration just a few years after taking $150m in start-up financing.