The UK investment management industry reached “record highs” in 2024, boosted by demand for low-cost products and overseas interest in UK assets. Tracker net sales surged for the third consecutive …
August 2025
Cricket’s dirty secret: Unpaid players, rogue officials and bad governance
In many ways, these are heady days for cricket. A return to the Olympics in LA in 2028 promises to take a sport with pockets of fervent support to new …
Dishoom warns that Brits’ low incomes pose risk for hospitality
Dishoom has warned that the dual effects of still-low disposable income in the UK and tax rises in last autumn’s Budget present a short-term risk to British hospitality. The iconic …
US giant Anthropic poaches British AI firm founders in OpenAI rivalry
Anthropic has hired the three cofounders of London-based AI startup HumanLoop, along with most of its engineering and research staff, in its latest move to bolster AI talent in Europe. …
Claire’s on the verge of collapse with over 2,000 jobs at risk
Claire’s, the high street fashion accessories chain, is on the brink of collapse after revealing its intention to appoint administrators in the UK and Ireland in a move which would …
City AM Triathlon Team Challenge at T100 London hailed as great success
A successful London T100 Triathlon weekend saw Maurten UK come home first in the City AM Triathlon Team Challenge. The London-based subsidiary of Swedish sports nutrition company Maurten AB came …
Exclusive: America’s Cup deal opens door to sailing prize money
The new commercial partnership signed as part of the coming 38th America’s Cup opens the door to the world’s oldest sporting trophy offering prize money, City AM can reveal. An …
Labour warned tightening inheritance tax would ‘stymie growth’
Plans to tighten inheritance tax rules on gifting and passing assets on to family members before death would damage UK growth and could lead to “regret” within the government, Labour …
City watchdog sacked 12 for misconduct amid crackdown on firms
The Financial Conduct Authority sacked 12 workers as a result of misconduct allegations, City AM can reveal. Official figures show nearly 40 members of staff were formally disciplined by the …
Facial recognition vans rolled out across England in crime crackdown
An additional seven police forces in England will be using ten new live facial recognition (LFR) vans to track suspects wanted for serious crimes, including sexual offences, violent assaults, and …