News
An emboldened - or desperate - new government will look to wealth taxes
1+ hour, 44+ min ago (497+ words) Christian May is the Editor-in-Chief of City AM. He served in the role from 2015 to 2020 and returned in 2024. He writes the daily Editor's Letter for print and online and releases The Week in Business roundup video each Thursday. He is…...
'We've got lots of things going for us America doesn't': Sadiq Khan on competing with Silicon Valley
1+ day, 19+ hour ago (979+ words) Sadiq Khan has claimed that shifting political dynamics in the US are actively driving tech talent and venture capital to the UK, arguing that London possesses structural and cultural advantages that "America doesn't" as he seeks to position the capital…...
Even Zack Polanski's favourite economist admits wealth taxes don't work
1+ day, 22+ hour ago (372+ words) Gabriel Zucman has told Zack Polanski's podcast that wealth taxes don't work " so why are they both so keen to bring them back? Asks Kristian Niemietz Who said that? Was it an economist from a Tufton Street think tank? Was…...
Freddie's Flowers losses double after firm shuts London warehouse
1+ week, 2+ hour ago (492+ words) Freddie's Flowers has incurred a more than doubling of its pre-tax losses after the firm closed its warehouse amid an outsourcing of operations. The London-based flower subscription business, which began operations in a gazebo in the garden of a residential…...
No, you don't hate Chardonnay. Here's why it's your fave grape
2+ week, 4+ day ago (450+ words) Wine Consultant - Bacchus & Brodie Move over Christmas, take a sidestep Easter, because this Thursday 21 May it is National Chardonnay Day. For any of the ABC crowd (those who drink "anything but Chardonnay) I am here to tell you that you…...
Nvidia beats again - but Wall Street's expectations keep rising
2+ week, 5+ day ago (536+ words) Nvidia delivered another record-breaking quarter on Wednesday night, extending its dominance at the centre of the AI boom " but investors are increasingly asking how long the explosive growth can continue. The world's most valuable company reported first-quarter revenue of $81. 6bn, up…...
Enhanced Games isn't sport but a product placement exercise
2+ week, 5+ day ago (896+ words) The Killers are an odd choice of band to wrap this weekend's Enhanced Games. I've no idea about lead singer Brandon Flowers' attitude to the permissibility of performance enhancing drugs in sport, but the name of his beat combo jars…...
Britain's fastest man Zharnel Hughes backs home Olympics bid
2+ week, 6+ day ago (417+ words) Deputy Sports Editor - City AM Britain's fastest man Zharnel Hughes has backed a plan to bring the Olympics back to the UK in the 2040s. The government is exploring a potential pathway towards an Olympics in the North of England in…...
Black Sheep Coffee founder: 'The Square Mile is a magical place"
3+ week, 17+ hour ago (754+ words) Black Sheep Coffee was founded in the Square Mile but has now expanded across the world. Its co-founder tells Felix Armstrong about his roots in the City But Shohet quickly becomes more reflective when asked to explain the beginnings of…...
King's Speech: Red tape to be severed to help Britain host major sports events
3+ week, 6+ day ago (494+ words) Deputy Sports Editor - City AM Hosting the Fifa World Cup, Olympics and Euros will become easier after the government promised to legislate to cut the red tape hindering major sports events. A new Sporting Events Bill will deliver a set…...