City AM

Frasers Group, the retail empire founded by Mike Ashley, has taken a stake in athleisure giant Under Armour and built up its holding in fashion house Burberry.

Elon Musk has opted to buy competing technology as he is set to use rival Anthropic’s AI models to power parts of Grok, despite spending heavily to build his own AI challenger.

Kemi Badenoch has announced that the Tories will scrap inheritance taxes on family homes if the party is elected.

With just a year to go before the final October 2027 deadline, the countdown is on for firms to transition to a next-day settlement timeline.

HSBC is putting a raft of roles in its UK wealth division on the chopping block following a push to slash costs with artificial intelligence.

Land surrounding West Ham United’s London Stadium could be developed after architects were appointed to lead a consultation over the future use of the site in Stratford.

A leading investment platform is urging chancellor John Healey to not “penalise investors” at the upcoming Budget, as Brits brace for potential tax hikes.

India has laid out its vision for hosting the 2036 Olympics in Ahmedabad, promising the first Games on the subcontinent would “inspire millions” to play sport and transform “every part of our society”.

Hollywood Bowl called on its dynamic pricing system to endure falling ten-pin demand during the summer’s record heatwaves, prompting a share price boost.

The UK will be uninvestable in the eyes of most energy companies if the government blocks the Jackdaw and Rosebank oilfields in the North Sea, the boss of Norway’s state-run oil and gas firm has warned.

Former senior managers at Whitbread have led a deal to buy back nearly 60 restaurants from the group, after it wound up its Beefeater and Brewers Fayre chains last month.

Jaguar finally showed the production Type 01 in New York last night, nearly two years after a rebrand that made it a national punchline.

The finance arm of Volkswagen has taken a mammoth hit from the motor finance scandal plunging it to a loss for the year.

Shell is poised to reap major gains from its refining operations after the global surge in fuel prices dramatically ramped up the group’s profit margins.

House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war.

A senior City Football Group official who attended the Labour party conference days after Manchester City were found guilty of over 100 Premier League charges has told City AM he was there in a personal capacity.

Welcome back to City AM‘s FTSE 100 liveblog.

This month’s issue of Whisky Business, City AM’s monthly look at the world of whisky, takes a look at the whisky coming out of Austria.

Sweav, a Dutch-founded freelance consulting platform, is launching in the UK to challenge the traditional professional services sector on pricing.

When the buildings designed to deliver justice are infested with rats, it is no surprise that the system itself is rotting from the inside out, writes Maria Ward-Brennan.

Young accountants are arriving in the sector confident in their AI skills, but a lack of soft skills is emerging as a new workplace divide.

Nyetimber, the English sparkling wine producer, paid £71m to acquire The Lakes Distillery in 2024 as part of its goal to create a UK-based luxury drinks brand.

In the world of watch collecting, time does not stand still.

The Tory party has been enjoying itself in Birmingham, not least thanks to the delightful wheeze of mocking up the Bayeux Tapestry to tell the story of British politics under Labour’s first two years in power.

Three years on from the October 7 massacre, Benjamin Bell writes how life has changed for him as a Jewish Londoner.

Two of London’s top advisory firms considered buying Global Counsel out of administration after the lobbying shop founded by Peter Mandelson collapsed amid revelations over its ties with Jeffrey Epstein.

The City watchdog is coming under pressure to release its communications with the Treasury and modelling data for its controversial motor finance redress scheme, City AM can reveal.

Nottingham Forest are facing a backlash from local residents who could be left out of pocket by the club’s £790m expansion of the City Ground.

Devolution is great when it works.

Provisions for office cycle parking could be reduced under new London plans.

It is approaching a decade since Mike Coupe, then Sainsbury’s boss, was caught on a hot mic singing “we’re in the money” as his supermarket announced its impending takeover of rival grocer Asda.

India is building the factories behind the AI economy, and every one of them runs on water.

Banks are in the firing line at the Budget and in a meeting with bosses on Tuesday chancellor John Healey played coy on any increased rates.

Investors may have cut their exposure to equities in favour of bonds and fixed income holdings, but emerging markets defied the trend.

Kemi Badenoch will argue that the next election will be the biggest “battle for the soul of this nation”t seen in at least half a century as Tory officials gear up for the prospect of an early election.

Experts have said Britain’s new approach to regulating AI in healthcare could give UK tech firms a “competitive edge” by letting them prove their technology in the NHS earlier.

KPMG Australia is reportedly considering asking for $100m (£52.6m) in emergency loans from the Big Four firm’s global network after a scandal rocked the firm’s reputation and business down under.

As we count down the days until the Toast the City Awards, we’re visiting some of our favourite finalists – this week Libby Brodie discovers the subterranean wonders of the Discount Suit Company cocktail bar If you are searching for a bar that does things…

Expectations are growing that Kemi Badenoch will announce “multiple” tax cuts in her flagship speech at the Conservative Party conference, with announcements on national insurance and inheritance tax set to take centre stage.

The Post Office’s former general counsel is “putting her own convenience” first by filing an application to appear remotely from Australia for a Tribunal hearing over alleged misconduct during the Horizon IT Scandal, the legal regulator counsel said.

Meta’s legal challenge against Ofcom has not delayed the regulator’s separate investigation into Instagram, Ofcom has told City AM.

THERE are two days of high-class racing from Newmarket to look forward to this week, with Future Champions Festival beginning on Friday.

AWAY from the action at HQ, there’s a typically competitive card at York alongside the first Premier Saturday meeting over the sticks at Chepstow.

LIV Golf chiefs are hoping for help from US President Donald Trump as they look to relaunch the league without the backing of Saudi Arabia’s Public Investment Fund.

The huge £45m bill to give Peckham Rye station step-free access – which is backed by a top Cabinet minister – involves forcing builders to use handheld tools to carve bricks and demolishing an art centre in order to complete the works, City AM has found.

Just months after her exit from Number 11, Rachel Reeves has been given the dubious honour of being voted “worst chancellor”, in a new survey.

Who’s Afraid of Virginia Woolf?

The Financial Conduct Authority (FCA) has launched a probe into how the regulatory body interacted with a whistleblower who recently took his own life.

Governments across the world should prioritise targeted welfare support for low income households over broader measures like tax cuts to ease the cost of living, the International Monetary Fund has said.

“Rogue” OpenAI agents have been blamed for helping knock a Wikipedia service offline, the latest in a string of incidents involving the ChatGPT maker’s increasingly autonomous technology.