Would it have killed Kemi to throw Tory centrists a bone? January 29, 2026 Speaking to City PM at the start of this week the former John Lewis boss and West Midlands mayor, Andy Street, insisted that the Tories can beat Reform if they embrace the centre-right and resist the urge to fight Nigel Farage on his own turf. The new vehicle launched to make this case is called [...]
LSEG axes Financial Times subscriptions amid FTSE coverage retreat January 29, 2026 The operator of the London Stock Exchange has cancelled hundreds of corporate subscriptions to the Financial Times, City PM understands, in a move that could end a decades-long relationship between the two City institutions. LSEG is understood to have taken the decision in response to the paper’s gradual retreat from coverage of the London markets, [...]
Fintech founder Adam French: I wish the City would be braver January 29, 2026 Each week, we dig into the memory bank of the City's great and good. Today, we speak to Adam French, partner at early-stage VC firm Antler.
10 years of Laver Cup: Nerves, serves and Federer’s ‘lucky’ London farewell January 29, 2026 Tony Godsick vividly remembers the day, exactly 10 years ago, when he and Roger Federer, his biggest client, went public with their big idea: the Laver Cup. “I was nervous,” Godsick tells City PM. “I had been in the sport for a long time already, and this concept was screaming to be done, but no [...]
Nationwide reigns supreme in bank switch war as Santander falters January 29, 2026 Nationwide maintained its top spot in the tussle for current account switchers in the third quarter of 2025 as the mutual sweetened its offer for new joiners. The building society – which was slapped with a £44m fine in December for failing to flag Covid fraud – secured a net gain of 41,450 switchers after [...]
‘Woke’ banknotes: Bank of England orders money printer to follow ESG rules January 29, 2026 The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or fail” regime. Bank officials have attracted criticism from shadow business secretary Andrew Griffith over their plans to make applicants for the UK’s new money printing contract follow stringent criteria [...]
Exclusive: Starmer’s opponents receive largest donations in parliament January 29, 2026 Keir Starmer’s fiercest opponents have received the largest sums of cash donations since the General Election, City PM analysis has shown, as moves to weaken the Labour leader’s dominance in Westminster attract financial backing. The Prime Minister has faced intense criticism from all sides of the House of Commons in his first year and a [...]
UK dividends jump in the final financial quarter of 2025 January 29, 2026 UK dividends rose in the final quarter of 2025, lifted by better than anticipated payouts across a range of sectors. Dividends jumped 1.3 per cent on a headline basis to £14.3bn, according to the latest dividend monitor figures from financial services company Computershare. Regular dividends, excluding one-off special payments, rose to £13.9bn, up 2.1 per [...]
Trump declares ‘America is back!’ as US markets touch record highs January 28, 2026 Renewed AI-hype helped the S&P 500 break through the 7,000 mark for the first time ever on Wednesday, while the dollar clawed back some ground after a bruising few weeks. Equities soon pared their gains, falling below the 7,000 benchmark a few hours after the opening bell, and the S&P 500 had swung back into [...]
Podcast group Goalhanger nets US investor backing January 28, 2026 US-based investment firm The Chernin Group (TCG) has taken a minority stake in Gary Lineker’s Goalhanger Podcasts, becoming the first outside investor in the podcasting giant. The investment will support Goalhanger’s “next phase of growth”, which includes accelerating its expansion into the US and developing new IP from its hit shows. The transaction was completed [...]