Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax. The online wine seller …
October 2025
Big 12 chief: College football in London can boost sport amid private equity interest
The commissioner of the league bringing American college football to Wembley Stadium believes the inaugural 2026 match can boost its profile amid interest from private equity. The Big 12 American …
Barclays launches quarterly buyback as income soars
Barclays has set out plans to shift to a quarterly share buyback after the firm recorded a surge in total income for the third quarter. The FTSE 100 titan netted …
Barclays near-quadruples provisions for motor finance scandal
Barclays has followed suit with its banking peers with a major hike to its motor finance provisions after the financial watchdog launched its industry redress scheme. The FTSE 100 titan …
FTSE 100 Live: UK inflation data, bank earnings in focus
Good morning from the City AM liveblog team. The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second …
West Ham on hook for £5m despite Potter’s Swede pick-me-up
West Ham will not receive any financial benefit from Sweden’s surprise appointment of Graham Potter, who is still set to bank around £5m in compensation after being sacked by the …
Inflation stays hot as UK’s economic woes deepen
Inflation in the year to September remained sticky, new figures have shown, in further evidence that the UK’s economic woes have deepened and hit Brits harder than those in other …
Performance, not privilege, should determine success in financial services
Financial services leadership is still too dominated by a privileged few, says for Lord Mayor Vincent Keaveny When I served as Lord Mayor of London, I often heard the City …
Darktrace boss blames employee share rules for London exit
The boss of Darktrace has said that the London Stock Exchange’s restrictive rules over offering options and equity to staff drove its decision to leave the UK bourse in 2023, …
The axe will have to fall on Britain’s runaway public spending
Rachel Reeves likes to insist that she will “never play fast and loose with the public finances.” It’s a phrase she deploys quite often, not least when it looks as …