Despite growing economic strains and political turbulence in both countries, a potential alignment between Germany’s centre-right Chancellor Friedrich Merz and a far-right French president could temporarily steady Europe’s core — …
Investing
Issa brothers finally repay EG Group loan used to buy private jet
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 …