A flurry of bids for just some of Poundland’s 600 shops could prompt Poundland to consider a break up of the retailer, City AM understands. US investment firm Gordon Brothers initially sought offers for the entirety of the business, but may instead opt to sell Poundland’s stores to a number of different buyers, sources told [...]

Employers are set to face a fresh legal headache as the time limit for employees to bring claims to employment tribunals doubles, as the next phase of the reformed Employment Rights Act takes effect. From 1 October, employees will be given the legal right to take six months to bring cases to court against employers [...]

London-based ElevenLabs has hit a $22bn (£16bn) valuation after completing a $300m employee share sale, marking another sharp jump in value for one of Britain’s fastest-growing AI firms. The voice AI group’s valuation has doubled since its $11bn Series D in February, when it raised $500m, and is now more than 2,000 times the $9m [...]

See Tilda Swinton command Man to Man, a stark survival drama tracing one woman’s ruse through Nazism, war, the Stasi and far-right echoes.

Discover El Vino Fleet Street, a historic City wine bar serving Spanish tapas, fine bottles and old London charm—visit this Toast the City finalist.

The family-run company behind Britain’s oldest brewery is exploring its future after wrestling with soaring costs and sliding sales. Shepherd Neame, which was founded in 1698 in Faversham, Kent and is the firm behind classic British beers Spitfire, Bishop’s Finger and Whitstable Bay, said it had begun a strategic review into its brewing operations “to [...]

Andy Burnham has vowed to not interfere in the Premier League’s battle with Manchester City but admitted he hopes it will not harm relations with Abu Dhabi. The Prime Minister said he would not get “directly involved” in the long-running case that has seen the club found guilty of more than 100 charges by an [...]

France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned. The difference between French and German government borrowing costs – a key metric used to determine French debt risk – widened beyond 120 [...]

Andy Burnham has offered up a ten-year plan for socialism. Conservatives would do things differently, says Andrew Griffith I sat down to watch Andy Burnham’s conference speech on Tuesday with trepidation but a genuine interest in what he was going to lay out for people who create jobs, take risks in starting their own businesses [...]

The NFL has cut ticket prices for this weekend’s fixture between the Indianapolis Colts and Washington Commanders in a bid to fill the Tottenham Hotspur Stadium. Some high-end category seats at Sunday’s game – the first of three across London in October – have been reduced to less than £80 each. It follows concerns that [...]

A company backed by Mike Ashley has snapped up Boom Battle Bar for £11m, extending the retail tycoon’s push into leisure and hospitality. Leisure operator We Do Play, which is backed by Ashley’s Frasers Group, has bought back the business its bosses founded from experiential leisure group XP Factory. Mike Ashley began his retail empire [...]

Lisa Nandy has admitted there is “a problem” with Ofcom’s ability to enforce online safety rules as she signalled further regulation of tech firms beyond the government’s under-16 social media ban. “Laws are only as good as the ability to enforce them”, the culture secretary said, as she called for a more active role for [...]

Craft beer giant Brewdog has launched a reset under its American owners Tilray. Felix Armstrong explores whether the company can truly move on from James Watt Dessert-flavoured beer, provocative ad campaigns, waxy-mustached artisans – much about Brewdog’s long-anticipated reset feels familiar, as if the recently-collapsed craft brewer is really getting back to its roots. But [...]

The CEO of the England and Wales Cricket Board has admitted that tickets to the next Ashes series in 2027 are expensive. Fans will be forced to fork out hundreds of pounds to watch Australia’s Test tour to England next summer, with Edgbaston hiking prices by over 40 per cent when they host the Baggy [...]

Chinese intelligence tried to “covertly benefit” from British AI and technology research, security minister Dan Jarvis has warned, after MI5 accused a Beijing-linked institute of using UK academics to boost its spying capabilities. Britain’s domestic intelligence agency said more than 100 UK-linked academics had contributed to projects funded by the China General Technology Research Institute [...]

Britain’s data centre developers could be handed a new route around years-long waits for electricity under Andy Burnham’s plan to open up the power grid to competition. The prime minister unveiled Great British Grid (GB Grid) on Tuesday, a publicly owned arm of Great British Energy that will aim to challenge existing network operators and [...]

Huel, the meal replacement drink backed by Steven Bartlett, has been rapped by the advertising watchdog for an “irresponsible” ad featuring Made In Chelsea star Spencer Matthews. The drinks firm, which is owned by French food giant Danone, paid for a video featuring Matthews to be circulated on Instagram and Youtube. Both adverts have been [...]

Planned reforms to the triple lock on pensions will need 14 years before delivering savings worth more than £10bn, new government analysis has shown, as the Prime Minister admitted there was a “shortfall” in plans to fund a new National Care Service. At his flagship Labour conference speech on Tuesday, Andy Burnham announced that he [...]

Car finance firm Motonovo has ramped up its provisions for the motor finance scandal as top banks and private equity firms explore a takeover of its parent company Aldermore. The Cardiff-headquartered company recognised a £153.2m charge in its latest accounts for historical motor finance commissions. This was more than double the £60.6m recorded last year. [...]

Manchester City chiefs must face personal punishments if the findings that they orchestrated almost £1bn of secret payments to the club are upheld, according to former Football Association boss Mark Palios. City say they intend to appeal the decision made by an independent commission that all but one of more than 100 charges brought by [...]

UK fintech Zilch is leaning towards a public debut on the London Stock Exchange as it kickstarts plans for a potential $2bn listing as soon as next year. The payments firm, founded in London in 2018, views London as the favoured venue for a listing, likely to take place in the second half of 2027 [...]

A British film studio founded by an ex-Lionsgate boss has folded into administration just a few years after taking $150m in start-up financing. True Brit Entertainment, which was founded by former Lionsgate UK chief executive Zygi Kamasa, appointed administrators on Monday, according to filings. The distributor was set up in 2023 hoping to boost the [...]

US design software group Figma has expanded its London headquarters as it looks to double down on its growth in Britain, where firms created more than 15 million files on its platform over the past year. The New York listed tech firm has moved into an office at Elder Yard in Norton Foldgate, near Liverpool [...]

Andrew Bailey has called on governments to ramp up testing on frontier AI models before they are launched to the public, warning that advanced artificial intelligence posed sophisticated threats to the banking, markets and payments systems. In the first of a series of letters on the fledgling technology, the governor of the Bank of England [...]

London estate agent Winkworth has launched an independent review of its board as it battles to contain the fallout of a boardroom family feud involving the firm’s its chief executive and his father, the former chair. The AIM-listed firm, which is one of the UK’s oldest estate agents and specialises in properties in the City [...]

Trading platform Etoro has extended its partnership with Prem Rugby as it solidifies its growing status within sport. The agreement began in 2023 but a fresh extension will see the deal extend into a fourth season, with the firm sponsoring the league’s predictor activation across social media. It is also the league’s official coin-toss partner [...]

Lime is making its e-bikes cheaper for workers through the Cycle to Work scheme as the ubiquitous green operator steps up its push for a bigger wedge of London’s daily commute. Workers will be able to pay for an annual Lime subscription through salary sacrifice, cutting the cost by as much as 47 per cent [...]

Andy Burnham has confirmed he is open to reversing Brexit and could push for Britain to rejoin the European Union after the next election, as he said all options are “on the table” for Britain’s future relationship with the bloc. The Prime Minister said on Wednesday Morning: “There are clearly options that need to be [...]

Greggs has announced a shakeup of its manufacturing processes which could lead to the closure of four factories and cost 740 jobs, as the baker warns of “greater inflationary pressures” across its business. The sausage roll seller told shareholders on Wednesday that it is consulting on a move to consolidate its manufacturing operations, which would [...]

The average UK household’s disposable income increased in the second quarter of the year driven by a rise in benefit payouts. Real household disposable income per head – which measures the average spending and saving capacity of Brits – increased by one per cent in the second quarter to £6,577, new figures from the Office [...]

Andy Burnham has admitted there may be a “shortfall” in his ambitious plans to fund a new national care service, as economists warn that taxes will have to rise. Burnham announced plans to adjust the triple lock from 2030, effectively creating a double lock, using the savings to fund the new service. The new mechanism [...]

Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

The government's back-to-work tsar wants you to call, but is texting in sick a non-issue? We hear the case for and against in the Debate.

Andy Burnham has looked to justify his new uncapped “tourist tax” to business chiefs by claiming it will allow mayors to ramp up borrowing, City AM understands. In various meetings at Labour’s Business Day, top business groups were told by ministers the so-called overnight stay levy will let mayors take on more debt and use [...]

Fostering a more supportive and celebratory culture around wealth creation could help inspire more young people, writes James Reed.

We were told to expect a speech that would leave no room for doubt about what Andy Burnham believes in, and we got one. There might not be much detail yet about how the Burnham Revolution will unfold but there is no ambiguity, either. The Prime Minister painted a vision of what this country could [...]

Tim Pitt drives the new electric Peugeot E-208 GTI hot hatch. Can it rekindle the spirit of the classic 205 GTI? Europe’s car companies are increasingly looking backwards to move forwards. Retro styling, which began as a bit of a gimmick with the Volkswagen New Beetle in 1998, is now melded into the mainstream. Take [...]

BMW’s i7 is a luxury electric limousine costing £1,449 a month on current finance. But does the car justify that kind of monthly commitment? BMW i7 finance, how much does it cost? £1,449 a month is a lot of money to spend on a car, even if that car is a BMW i7. Yet that’s [...]

The government's drive to 'buy British' is futile if British companies don't want to sell to them, writes Joe Hill.

Big Four giant Deloitte’s new UK boss, Darren Graves, insisted AI “can’t replace lived experience” as the firm’s advisory arms return to growth. Revenue for the year ended 31 May 2026 for the UK arm was up 2 per cent to £5.81bn, with growth across all businesses. The firm’s technology and transformation arm led with 4 [...]

Nubank’s takeover talks with Monzo shocked the City. In this week’s column, Samuel Norman takes a look at how and why a deal might emerge and the battle that lies ahead with Revolut. Around a decade ago, a handful of colourful plastic cards found their way into Brits’ wallets. Monzo was one of the first, [...]

Read how the 2027 Lamborghini Temerario’s updated hybrid V8 delivers brutal launches, 186mph pace and sharper track dynamics.

Reform UK and Tory leaders have hit out at Andy Burnham’s plans to drop the triple lock on pensions in a future Labour manifesto, setting up a clash on a policy which previously had the backing of all major political parties. On Tuesday, the Prime Minister said he would lead his party on a pledge [...]

An army of 15 robots will be stationed around London Bridge this week, enticing Londoners towards a 4m-high fountain of free vodka martinis. Every adult will be eligible to take one free vodka martini as part of the high-tech promotion from Swedish vodka brand Svedka, with 200 cocktails on offer each day. The event takes [...]

Some of Britain’s leading tech founders have called on the government to tear up “unfair” employment restrictions they say are choking growth and leaving UK startups struggling to compete with Silicon Valley. The bosses of Elevenlabs, Synthesia, Fuse Energy and a string of British AI startups have signed an open letter published on Tuesday demanding [...]

The new owner of Brewdog has launched a comeback for the company after it collapsed earlier this year, blaming “horrible” sales during its change of ownership on “negative” media reports. The craft beer firm saw sales slump by as much as 20 per cent year on year following its takeover by US cannabis and drinks [...]

The Premier League has published damning details of the long-awaited verdict in the Manchester City case, which found the club cooked the books to the tune of nearly £1bn for almost a decade. An Independent Commission said that City used “sham” schemes to artificially inflate revenue and reduce costs by more than £900m during the [...]

Retail investors' response to AI doom headlines disproves the common notion that they move as a herd, writes Finimize CEO Carl Hazeley.

Andy Burnham has pledged to drop the triple lock on state pensions for a so-called ‘double lock’ in Labour’s next manifesto in order to pay for his new National Care Service. In an address to party members, Burnham confirmed the existing triple lock mechanism will remain in place for the remainder of this parliament before [...]

THERE is a feast of top-class racing this weekend in the UK and across the channel, with Sunday bringing the Prix de l’Arc de Triomphe from Longchamp. On home soil, Saturday also brings Group One action with the Sun Chariot Stakes (1.35pm) from Newmarket, which looks to be at the mercy of favourite Blue Bolt. [...]