Thousands of black professionals packed out the Emirates Stadium on Thursday to celebrate the 10,000 Interns Foundation achieving its mission just five years on from being established in 2020. The …
October 2025
Retail sales hit highest since 2022 in surprise boost for economy
Retail sales jumped to their highest level since 2022 in September, boosted by sunny weather that drove a surge in demand for clothing. Fresh figures from the Office for National Statistics (ONS) …
Petroineos: Sir Jim Ratcliffe-backed energy giant loses $250m
Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been …
AI drives surge in fraud as criminals turn to more sophisticated scams
Fraud losses hit £629m in H1 2025, driven by new investment scams and record card fraud, as AI enables criminals to commit more sophisticated scams. For the first six months …
Natwest shares jump after cost-cutting boosts profit
Natwest has raised its full-year financial targets after third-quarter profit jumped due to the lender’s cost-cutting regime and an improved retail banking performance. The FTSE 100 giant’s operating profit before …
Welsh rugby should keep Scarlets but scrap Cardiff, Ospreys and Dragons
With a decision expected at the end of the month, I back radical change to Welsh rugby’s regional structure. I wasn’t entirely shocked to read this week that there were …
Scrap stamp duty on shares or risk FTSE 100 exodus, Peel Hunt warns
The government must scrap stamp duty taxed on share trades or risk a growing number of firms quitting London for the New York Stock Exchange, investment bank Peel Hunt has …
FTSE 100 Live: Retail sales, consumer confidence data
Good morning from the City AM liveblog team. As we get closer and closer to the Budget, businesses are becoming more and more vocal on their concerns over what could …
A mansion tax would hit ordinary Londoners and stall the market
A rumoured tax raid on sales of properties over £1.5m would be a disaster for Londoners, says James Evans With the Treasury neither confirming nor ruling out the prospect of …
Motability cuts? Rachel Reeves is taking British taxpayers for a ride
Rachel Reeves pledge to reform the absurd Motability scheme essentially amounts to giving alcoholics Peugeots instead of a BMWs, says Jack Rankin As Rachel Reeves continues to take the scenic …