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Business

  • Semi-liquid vehicles set to surpass $3 trillion as more retail investors enter the market

    April 20, 2026

    Wealth managers and private market fund managers anticipate semi-liquid assets under management to rocket over the next four years, as more retail investors tap into the market. Assets under management (AUM) held in semi-liquid vehicles is expected to exceed $3 trillion (£2.2 trillion) in 2030, according to Carne Group, with the market nearly tripling between [...]

  • Wales First Minister’s radar station objections show she is out of her depth

    April 20, 2026

    Wales's First Minister has urged Keir Starmer to halt work on an AUKUS radar station. He would do best to ignore her, writes Eliot Wilson.

  • The UK has earned Japan’s respect – let’s use it to build our economy

    April 20, 2026

    Japan holds a deep respect for the UK and is eager to strengthen our relationship further, writes Chris Hayward fresh back from Osaka.

  • Bolt expands London e-bikes ahead of Tube strike disruption

    April 20, 2026

    Bolt is expanding its e-bike network across central and west London ahead of a fresh wave of Tube and bus strikes, City PM understands, to try ease pressure on the capital’s strained transport system. The ride-hailing firm said its bikes are now available in Westminster and Hammersmith & Fulham, adding to its existing presence in [...]

  • UK fintech chiefs switch growth plans as capital conditions wane

    April 20, 2026

    Over seven in ten UK fintech chiefs are switching growth plans due to the country’s ailing capital conditions. Some 71 per cent of the sector’s top bosses said they have had to adjust growth strategies as a result of tightening capital conditions, according to a fresh report from fintech advisory firm Chatsworth and market researcher [...]

  • Consumer confidence suffers biggest drop in four years amid Iran inflation fears

    April 20, 2026

    Consumer confidence fell at the fastest rate in four years as Brits tightened their purse strings amid fears the Iran war will spike inflation.  Brits’ confidence in their spending power fell by three per cent at the start of this year, as it reached its lowest level since 2023 and made the biggest drop since [...]

  • London house prices jump by £3k as market slows

    April 20, 2026

    The average asking price of a home in Britain rose by nearly £3,000 in April, but London’s property market is showing clear signs of strain as higher mortgage rates and a surge in supply curb momentum. New figures from Rightmove show asking prices increased by 0.8 per cent month on month to £373,971, a £2,929 [...]

  • UK bets on East London hub to anchor next phase of innovation

    April 19, 2026

    The UK’s push to build a more joined-up innovation economy is increasingly being anchored in east London, where Here East has turned into one of the country’s largest multi-sector tech campuses. Set within the former Olympic press and broadcast centre in Stratford, the 1.2m sq ft site aims to bring various universities, startups, corporates and [...]

  • Starmer would have blocked Mandelson ambassador role, says Lammy

    April 19, 2026

    Keir Starmer would have stopped Lord Mandelson becoming UK ambassador to the US if he had known about security concerns, deputy prime minister David Lammy has said, as the political fallout intensifies. Speaking to the Guardian, Lammy said the prime minister would “never, ever” have approved the appointment had he been aware Mandelson failed the [...]

  • Iran warns Strait of Hormuz will stay restricted as ceasefire deadline looms

    April 19, 2026

    Iran has warned it will keep restricting ships in the Strait of Hormuz, raising the risk of renewed disruption to global oil supplies just days before its ceasefire with the US is due to expire. The warning came after Donald Trump said the blockade on Iranian ports would “remain in full force”, until a wider [...]

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