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Business

  • Dolce without Gabbana? What happens after a business breakup

    April 16, 2026

    As Stefano Gabbana steps back from his eponymous brand, Manfredi Ricca asks what happens when a brand's identity is split in two.

  • Why Britain is the sick man of the global oil shock

    April 16, 2026

    Britain's indecisiveness leaves the country dangerously exposed to further oil price shocks, writes Mykola Kuzmin.

  • England World Cup base to get extra security, say Kansas City officials

    April 16, 2026

    Kansas City officials will erect fencing and close roads in order to prevent England from being spied on at their World Cup camp this summer.  England will be based in the Missouri city throughout the tournament and will train at Swope Soccer Village, a $20m facility located in the middle of a public park. The [...]

  • Flagstone boss: Labour tax changes the biggest driver of savers choosing cash over stocks and shares

    April 16, 2026

    Britain’s unpredictable tax landscape means households are choosing to build up war chests of cash over other assets like stocks and bonds, the boss of Britain’s largest savings platform has said in a blow to government efforts to boost retail investing. Flagstone chief executive Arman Tahmassebi said his clients were adding to their cash savings [...]

  • Exclusive: Treasury and regulator to hold crunch talks with UK fintech unicorns 

    April 16, 2026

    Top fintech bosses will lock horns with Treasury and watchdog officials next week as the industry lobbies for key regulatory reforms, City PM can reveal. Several of the nation’s fastest-growing companies are set to meet City Minister Lucy Rigby on Tuesday as part of a flurry of key summits in UK fintech week.  The City [...]

  • UK launches £500m Sovereign AI fund as Kendall backs ‘British winners’

    April 16, 2026

    The UK government has unveiled a £500m push to scale domestic AI firms, as ministers step up efforts to anchor the next wave of tech firms on home soil amid growing competition. Tech secretary Liz Kendall is set to launch the new Sovereign AI Unit in London on Thursday, casting it as a central pillar [...]

  • Reeves says diplomacy is ‘best economy policy’ as UK tax burden to mount

    April 15, 2026

    Chancellor Rachel Reeves has said that de-escalating the war in the Middle East is the “best economic policy” to protect growth as the International Monetary Fund showed the UK tax burden was set to deepen at a faster pace than any country.  Speaking at a CNBC event in Washington, Reeves doubled down on her attacks [...]

  • London Lions CEO: We’d love to be in NBA Europe but we have a reason to exist anyway

    April 15, 2026

    London Lions CEO Lenz Balan on the club’s NBA Europe ambitions and the challenges of making British basketball financially sustainable. “I’m, like, an irrational optimist,” says London Lions CEO Lenz Balan as he explains why he views the impending arrival of an NBA Europe team on his patch as an opportunity, not a threat. The [...]

  • Standard Life’s Briggs warns ‘retirement adequacy is a genuine concern’, as £2bn Aegon deal unveiled

    April 15, 2026

    The boss of one of the UK’s largest pension providers has spoken out on the state of the nation’s retirement financing on the day he unveiled a blockbuster industry takeover.  Andy Briggs, chief executive of Standard Life, told City PM  that “retirement adequacy is a genuine concern” and pointed to further potential dealmaking.  He noted [...]

  • Wayve lands AMD, Arm and Qualcomm cash as UK self-driving push gathers pace

    April 15, 2026

    British autonomous driving firm Wayve has secured a further $60m (£44.2m) from chip giants AMD, Arm and Qualcomm Ventures, as it pushes to get its AI driving software into production vehicles. The fresh backing adds more heavyweight silicon names to Wayve’s investor roster and comes just weeks after the London-based company raised $1.2bn at a [...]

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