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Business

  • Crispin Odey accused of ‘trying to manipulate’ a woman he assaulted

    March 25, 2026

    Crispin Odey has been accused of “trying to manipulate” a woman into silence, after the financial regulator alleged that the disgraced financier tried to discourage her from giving a full account of her experience with him. In text messages shown in court sent to a woman, Odey said: “Really sorry… the FCA is pursuing a [...]

  • Starmer says he doesn’t hold power to approve North Sea projects

    March 25, 2026

    Sir Keir Starmer has said he doesn’t hold legal powers to approve fresh exploration of North Sea oil and gas fields, with the decision falling in the hands of net zero secretary Ed Miliband. Starmer said current legislation determined that a quasi-judicial decision relating to cases for more gas extraction at Shell’s Jackdaw site and [...]

  • Tennis stars Sinner, Draper and Sabalenka turn up heat on Grand Slams

    March 25, 2026

    Tennis stars including Jannik Sinner, Britain’s Jack Draper and Aryna Sabalenka have turned up the pressure on Grand Slam chiefs to agree to prize money increases and other reforms. Most of the top 10 from the men’s ATP and women’s WTA rankings are lobbying the Slams to raise the proportion of tournament revenue allocated to [...]

  • Tories would welcome Claire Williams to party after former F1 owner’s comments

    March 25, 2026

    The Tories would welcome former Formula 1 team owner Claire Williams into their ranks after she expressed an interest in a political career. Williams, who once ran the eponymous Formula 1 team, which she sold for $150m in 2020, told City PM that she would be interested in going into politics once her child had [...]

  • Corporate reputation is shaping the FTSE – so why do businesses ignore it?

    March 25, 2026

    Corporate reputation is responsible for 28 per cent of the FTSE 350's market value, so why do companies continue to undervalue it?

  • London house prices drop again as market faces fresh headwinds

    March 25, 2026

    House prices in London have fallen for the sixth consecutive month, as the capital’s property market continues to struggle compared to the rest of the country. The average house price in the capital fell by 1.7 per cent in the year to January, up from the 1.2 per cent year-on-year fall in December, according to [...]

  • The Debate: Is employee tracking justified in the modern workplace?

    March 25, 2026

    JP Morgan last week announced it had started using tech to track its junior employees; amid the rise of work from home, is it fair enough?

  • Guinness Index: How much is a pint of the black stuff in your borough?

    March 25, 2026

    While the ONS has added hummus and dog grooming to its sample shopping basket in a bid to move with the times when tracking inflation – City PM prefers a cooler metric: the Guinness Index.  Nothing encapsulates British consumer habits like Guinness’ meteoric rise: taking stout from the preserve of grey-haired aficionados to an ever-present [...]

  • Peter Kyle hints at push for EU customs union return

    March 25, 2026

    Business and trade secretary Peter Kyle suggested joining the EU’s customs union could improve the UK’s economic prospects, with new data suggesting that trade flows in London boomed last year.  After being asked twice whether war in the Middle East provided a stronger case for the UK to join the customs union, Kyle refused to [...]

  • ‘Mortgage mayhem’: Banks’ rates soar past 5.5 per cent amid Iran war volatility

    March 25, 2026

    The UK mortgage market has been flipped upside down with Brits facing higher prices to borrow in the short-term as the Iran war rattles the economy. The average five-year fixed deal for a homeowner has spiked to 5.54 per cent this morning, up from 4.95 per cent at the start of March, according to financial [...]

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