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Business

  • Football M&A shake-up as investors swap mega-deals for lower league takeovers

    October 30, 2025

    Football’s M&A market has seen a drop in mega-deals as investors have turned their attention to lower leagues, expanding multi-club networks and strategic minority acquisitions. A new report by independent consultancy Football Benchmark said its analysis of the 76 deals to take place so far this year reflected “a maturing market”. While recent years have [...]

  • Everton’s Hill Dickinson Stadium to host first non-football match

    October 30, 2025

    Everton’s Hill Dickinson Stadium is gearing up to host its first non-football sporting event as the rugby league Ashes arrives on Merseyside. The 52,000 capacity Bramley-Moore Dock venue is the newest in the Premier League, hosting its first trial match in February, and will this weekend add a new sport to its roster. England head [...]

  • Shawbrook shares jump in biggest City IPO debut of the year

    October 30, 2025

    Shares in specialist lender Shawbrook soared in early trading after the firm made its IPO debut in the City. The bank’s stock was up over six per cent in early trading to 393.43p. Shawbrook kicked off its London Stock Exchange float targeting a valuation just shy of £2bn with a listing price of 370p. “We [...]

  • The best cash bonus deals for switching current accounts

    October 30, 2025

    UK banks and building societies are handing out hefty cash bonuses to entice customers to switch accounts, with Nationwide among the sweetest offers. The building society recorded 54,347 switches between April and June, largely driven by its £200 switch incentive. Its Fairer Share scheme, which offers a one off bonus payment of £100, was also [...]

  • Super-rich ditch London mansions for flats, developer says

    October 30, 2025

    London’s super-rich are swapping mansions for pieds-à-terre as they seek to wind down their presence in the UK or exit altogether, one of the top developers in the capital has said. Alex Michelin, co-founder of Valouran, said many high net worth individuals (HNWIs) remained attracted to London but were scaling down their property investment to [...]

  • New 1,200-home neighbourhood unveiled in Elizabeth Line-linked  Southall

    October 30, 2025

    A new 1,200-home neighbourhood has been unveiled in Southall as the city continues to expand out along the Elizabeth line. Quarter Yards will deliver 1,273 new homes and over 105,000 sq ft of commercial space. Marcus Blake, managing director at one of the developers, St George, said he has seen “strong demand” for housing in [...]

  • Labour trails plans to fight cyberattacks

    October 30, 2025

    The UK government is set to take further action to bolster national cyber resilience, City PM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from smaller firms to major supply chains, have unveiled deep cracks and vulnerabilities in the economy. Tech secretary Liz Kendall told City PM: “We’re working really [...]

  • Monzo names new chief as London becomes top IPO choice

    October 30, 2025

    Digital banking giant Monzo has tapped an Astrazeneca board member as its new chief executive as the firm lays the ground for a blockbuster public listing. The London-based fintech is set to replace TS Anil, who has led the bank for the last five years, with Diana Layfield. Anil will step down as part of [...]

  • Dettori lands role with big-spending Amo Racing months after bankruptcy

    October 30, 2025

    Frankie Dettori has announced that he will take up a new role as an ambassador for Kia Joorabchian’s Amo Racing after his US swansong at this weekend’s Breeders’ Cup. The record-breaking jockey, 54, has five rides booked at Del Mar on Friday and Saturday, with his appearance on Argine in the Breeders’ Cup Mile set [...]

  • Tories call for Starmer to sack Rachel Reeves

    October 30, 2025

    The Tories are calling for Keir Starmer to sack Rachel Reeves as Chancellor for breaking the law. In a ratcheting up of the political pressure on Reeves, the opposition party has said the Chancellor should be fired for failing to register her family home when she rented it out before moving to Downing Street. In [...]

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