London-listed housebuilder Persimmon has made steady progress this year, despite a variety of macroeconomic headwinds. Forward sales have risen 15 per cent since July 1 to £2.79bn, with three-quarters of …
Estate Planning
Squint hard enough and you can see signs of the AI bubble bursting
Is the AI bubble bursting? Naturally, most eyes are on the movements of the world’s biggest tech firms – the OpenAIs, the Microsofts, the Nvidias. These are, after all, where …
Robert De Niro: Nobu reveals major London plans amid UK push
Robert De Niro’s hospitality brand is open to considering new luxury residences in London after the success of its restaurants and hotel, the firm’s co-founders have exclusively told City AM. …
It’s time for BBC Sport to ditch the corporation and go it alone
The BBC lurches from existential crisis to existential crisis, and yet fundamental questions about its remit and structure are rarely addressed during the frenzied bouts of self-flagellation that Britain’s public …
Exclusive: The Ned eyes new clubs in Dubai and LA, with new rural ‘estate’ and first European venture to come
The Ned eyes new clubs in markets including Dubai and LA First European members’ club in “advanced conversations” Branded rural “estate” being built within 100 miles of London Square Mile …
FTSE 100 Live: 10,000 mark in shot; UK’s third-quarter growth
Good morning from the City AM liveblog team. The FTSE 100 is inching a step closer to the magic 10,000 mark after almost a year of outperforming counterparts across the Atlantic. …
UK economy barely grows in third quarter
The UK economy grew at a more sluggish pace than expected in the third quarter of the year amid a pervasive sense of gloom across the country ahead of the …
If income tax thresholds remain frozen benefits should too
Consistency matters. If the fiscal situation is truly so dire that tax thresholds must remain frozen, then the same logic should apply to spending, says John O’Connell The biggest casualty …
Reeves and Starmer are now at the mercy of the markets
A government elected on competence and stability may now gamble both to stave off internal revolt. For investors, the message is that British politics has not regained the calm that …
Sadiq Khan is no Zohran Mamdani
Mamdani is a young, rising star with no record to defend. By 2028, Sadiq Khan will have been Mayor of London for 12 years and spent a decade in Parliament …