At its core, the process of lending money to businesses isn’t particularly complex. Banks and other lenders price loans based on the risk of lending, calculated by assessing a company’s …
October 2025
Standard Chartered upgrades outlook as wealth management business outperforms
Banking giant Standard Chartered has upgraded its income target for the full-year after its booming wealth business powered profit higher. The FTSE 100 lender posted a pre-tax profit of $1.8bn …
Trump’s DEI crackdown sparks ethics exodus across UK businesses
US President Donald Trump’s crackdown on initiatives such as diversity, equality and inclusion (DEI) and environmental sustainability has drifted across the Atlantic. According to research by law firm Freeths, over …
Virgin Media O2 and Starlink race to fix London’s connectivity crisis
Virgin Media O2 has switched on its first ‘giga site’ in central London, a move aimed at improving mobile connectivity across the UK. The site, which combines low-mid and high-band …
OpenAI eyes $1 trillion IPO as soon as 2026
OpenAI has begun preparations for a blockbuster float that could see the tech juggernaut valued at as much as $1 trillion (£750bn). The ChatGPT maker is understood to be considering …
Rachel Reeves considers income tax hike and national insurance cut
Chancellor Rachel Reeves is eyeing up a simultaneous 2p hike to income tax and 2p cut to national insurance, it has been reported, in an effort to raise some £6bn. …
Could this be the clearest sign yet that the rich are leaving Britain?
It’s hard to know quite how many of the super-rich are leaving London. Some say departure numbers are well into four figures so far this year – others that the …
FTSE 100 Live: Shell, Standard Chartered earnings
Good morning from the City AM liveblog team. The war of words between banks and private credit ratcheted up on Wednesday, after a trio of bosses from private lenders rounded …
Punk Padel and Tough Mudder: It pays for sports to buy into fun innovation
I am happy to go down any rabbit hole, or country lane, in search of innovation in sport. Driving back from a trail race the other day, I passed a …
Three things Star Trek got right about AI
Star Trek either inspired or predicted many of the astonishing developments we live with today, says Lewis Liu I’m a huge Star Trek nerd, having watched since I was a …