The Issa brothers have finally repaid the huge loan they borrowed from their own forecourt and retail empire to buy a private jet, City AM can reveal. The billionaire duo …
AI could take us back to the dark ages
The AI revolution is pushing human thinking into reverse, says Lewis Liu Last weekend my wife and I were in Florence for an old family friend’s wedding. With a morning …
AI bubble: Are we in the trough of disillusionment?
As the term ‘AI bubble’ floats around the City, Susannah Streeter examines the outcomes of a potential dot.com-style boom and bust in today’s Notebook Is the AI bubble about to …
Mind the Split: London is the best city to be a divorce lawyer
London’s reputation as the divorce capital of the world looks set to grow after a recent court ruling paved the way for more foreign cases to be heard in the …
‘Renewed confidence’ in UK innovation economy to boost funding
A shot of “renewed confidence” in the UK’s innovation economy is set to deliver the largest year for funding since 2022. The UK’s start ups and scale ups secured $9bn …
Retail sales slow as Budget and inflation weigh on spending plans
Retail spending slowed in September, as a tax raising Budget and higher household inflation expectations forced Brits to tighten their belts before the all-important ‘Golden Quarter’. Total retail sales in …
McVitie’s: Record revenue for owner Pladis as profit jumps
Revenue at the owner of McVitie’s and Jacob’s Cream Crackers jumped to a new record in 2024 as its profit also surged, City AM can exclusively reveal. London-headquartered Pladis, the …
Goodbye Nutmeg, hello Clove: New investing service lands £10m funding
As the London fintech world bids goodbye to investing app Nutmeg, a new spice-themed alternative is about to rise up from the ashes. Investing startup Clove, a new venture from …
Gabon president drops out of FT Africa Summit after City AM story
Last week The Capitalist reported on the controversial opening speaker at the FT’s upcoming Africa Summit: the Gabonese President Brice Oligui Nguema, who stands accused of kidnapping and torturing the …
LFF film review: Ballad of a Small Player sees Colin Farrell at his absolute peak
Conclave director Edward Berger is a long way from the hallowed halls of the Vatican in his new film, a surreal neon noir following a down-and-out gambler through the casinos …