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Business

  • Manchester United head coach’s job is to be a fall guy and human shield

    January 8, 2026

    AI is the scourge of the modern employment market. Applicants generate automated covering letters that tick off every requirement in a job spec, and are then interviewed by robots which provide almost instantaneous rejections.  Reluctant to be a Luddite in this mind-scrambling new world, here is my open letter to Sir Jim Ratcliffe applying to [...]

  • FTSE 100 Live: Supermarket shares fall in trolley wars; M&S rises amid cyber recovery

    January 8, 2026

    Good morning and welcome back to the City PM liveblog. The FTSE 100’s rally came crashing down yesterday as steep losses across commodities dragged the index into the red. Whilst one shouldn’t fret too much with the index still holding firm above its latest milestone, Wednesday’s 0.7 per cent drop still wiped over 70 points [...]

  • Labour MP Callum Anderson: Securing Starmer’s visit to London Stock Exchange took months

    January 8, 2026

    We dig into the memory bank of the City's great and good. Today, it's Labour MP and former London Stock Exchange adviser Callum Anderson.

  • Rent control law to ‘knock £11bn’ off commercial property 

    January 8, 2026

    New legislation introducing rent controls could lead to £11bn being stripped from commercial property values, fresh analysis has shown, in the latest blow to the confidence for investors. The government is proposing a ban on upward-only rent hikes on commercial property in a bid to support small businesses with costs.  The proposed ban can be [...]

  • Star stockpicker Nick Train buys more shares in his Finsbury Growth trust

    January 8, 2026

    Star fund manager Nick Train has ploughed over £200,000 into his struggling Finsbury Growth and Income Trust, in a further show of support for the 100-year-old trust’s investment strategy just weeks before a crunch continuation vote to mark its centenary. Train, who has managed the £1.3bn trust’s portfolio since 2000, bought 25,000 shares in the [...]

  • Don’t buy into the negativity. Here’s why I’m optimistic for the UK economy

    January 8, 2026

    the UK economy has been lost in a sea of headlines about its impending decline. Bob Wigley says he's done with the doom and gloomerism.

  • Are we facing an AI jobs apocalypse?

    January 8, 2026

    Police in Cornwall are on the hunt for a masked vandal seen on CCTV spraying “AI will take our jobs” across multiple sites in the villages of Polbathic, Widegates and Crafthole. Is this vigilante right to warn us all? Ask Chat GPT whether AI will lead to a jobs apocalypse and the answer is suspiciously [...]

  • Mark Kleinman: What’s in store for the Square Mile in 2026?

    January 8, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City PM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]

  • UK fintech stamps its authority on Europe but faces global threats

    January 8, 2026

    The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]

  • UK fintech Zilch eyes deals spree on march towards public debut

    January 7, 2026

    Consumer payments giant Zilch is eyeing more deals after snapping up a Lithuanian challenger bank ahead of its long-awaited public debut. The UK fintech has acquired Fjord Bank, helping it to secure a European banking licence and accelerate overseas plans. “We needed a regulatory umbrella that would allow us to go and move really fast [...]

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