The head of the UK’s financial watchdog has rebuked criticism that the wide scope of the motor finance redress scheme was “impractical”. Nikhil Rathi, chief executive of the Financial Conduct …
London cocktail chain Simmons enters administration amid site closures
London cocktail chain Simmons has entered administration after announcing plans to close at least four sites as it became the latest victim of the immense cost pressure facing hospitality firms. …
Y-Combinator-backed agritech Supplant put up for sale after plunging into administration
An agritech firm backed by the likes of Y-Combinator has been put up for sale after being plunged into administration, City AM can reveal. Cambridge-based Supplant, which had raised more …
Gianni Infantino, Jay Shah and the rise of sport’s super-execs
Infantino at Fifa and Shah at the ICC are styling themselves as super-execs like Musk and Zuckerberg but it won’t end well, warns Matt Readman. In sport, the best referees …
Voters say Nigel Farage’s Reform is the ‘party of UK business’
Reform UK is now seen as the most pro-business party in Westminster, fresh polling produced for City AM has found, in one of the first major signs the public is warming …
Motor finance: Beneath the banks’ bonnet uncertainty lingers
Banking stocks may be revving up on the back of a legal win but lenders might find there is still trouble lurking under the bonnet on motor finance. City banks …
Labour can’t afford to dismiss Corbyn and Sultana
Jeremy Corbyn and Zarah Sultanah’s new party should worry Labour, especially if it gets backing from the trade unions, writes Douglas Beattie Summers in politics should be about trying to …
Inaccurate crime rate statistics have gaslighted the British public
The UK’s shoddy national stats mean the government knows very little about the people it governs. From crime rates to the labour market, this has real consequences, writes James Snell …
Gloomy Brits now think Reform is the party of business
Almost three quarters of voters (72 per cent) say that they are not confident in the government’s plan to achieve economic growth, and a majority (53 per cent) believe things …
Brits are gloomy – and not just about the weather
Writers often agonise over how a column performs. I can see how many people read the online version of the Editor’s Letter and while our analytics don’t yet tell me …