Millionaire flees London after weeks calling it 'horrible'
Italian millionaire Eduardo Biasi left London after just weeks, branding the city 'dangerous' and 'expensive'. Read why his investment plans for the UK collapsed.
Category : Property Market
Chinese EVs Capture 30% of UK Electric Car Market
Chinese manufacturers like BYD and Chery are transforming Britain's roads, capturing 30% of EV sales. Discover how UK's open market policy fuels this electric revolution.
Brokers and Building Societies Clash Over Cash ISA Cuts
A fierce debate erupts as brokers push to slash the cash ISA limit to £10,000, promising a £7.2bn investment boost, while building societies warn of mortgage market risks. Discover the battle shaping UK savings.
Brit buys Italian home for under £19,000
Jonathan Smith, 39, from Manchester, bought a derelict villa in Sicily for just £19,000, escaping UK costs. Discover his 'Operation Sicily' and the growing trend of Brits moving abroad.
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Goldman Sachs London pay bill soars 26%
Goldman Sachs International's London staff costs surge to £2.8bn amid booming investment banking fees, while parent company reports stellar Q2 earnings.
Daily Mail owner shifts assets offshore pre-budget
Lord Rothermere's DMGT executes strategic offshore transfer ahead of potential tax changes in Hunt's budget, raising questions about corporate tax planning.
Abramovich Sues UK Over Frozen Chelsea £2.3bn
Exclusive: Russian billionaire launches legal action against Whitehall as massive Chelsea FC proceeds remain locked in frozen account amid ongoing diplomatic tensions.
M&G reaches £365bn assets as retail inflows surge
Investment giant M&G reports impressive £4.5bn net inflows for 2023, with retail investors driving growth despite challenging market conditions and pushing assets under management to £365bn.
Von Baer Leads New Gold Rush in London Markets
Exclusive interview with Alexander von Baer as he prepares to revolutionise London's gold market with ambitious expansion plans and innovative trading strategies.
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UK's richest family patriarch dies aged 85
Simon Halabi, the Syrian-born businessman who built a £35 billion property empire and led Britain's richest family, has died at age 85, leaving behind an extraordinary legacy.
Manchester's Economic Boom Outshines Stagnant London
New economic data reveals Manchester is dramatically outpacing London in key growth metrics, with the Northern Powerhouse showing unprecedented momentum while the capital stagnates.
ABF considers spinning off Primark in major shakeup
Associated British Foods explores separating Primark from its food empire in strategic review that could reshape UK retail landscape and unlock billions in value.
Surprising UK City Offers Best Value for Money
New research reveals which UK city gives residents the most bang for their buck, with surprising results that challenge London's dominance.
Millennium Sells 15% Stake at £14bn Valuation
London-based hedge fund giant Millennium Capital Partners divests significant minority stake to private equity firms in landmark deal valuing the firm at £14 billion.
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Private Credit: Financial Saviour or Modern Ponzi?
As private credit reshapes global finance, experts debate whether this $2.1 trillion market represents genuine innovation or a ticking time bomb for investors.
Scrap Stamp Duty: Outdated Tax Hurts London Property Market
Leading economists and property experts demand urgent reform of Britain's regressive stamp duty system, calling it a barrier to mobility and unfair burden on London homeowners.
Panmure Liberum expands into Middle East via BBK partnership
The newly merged UK investment bank Panmure Liberum announces groundbreaking expansion into Middle Eastern markets through partnership with BBK, creating new international investment corridors.
Millions in Unclaimed Lottery Prizes - Check Tickets!
Shocking revelation as National Lottery announces over £60 million in prizes went unclaimed last year. Discover if you're sitting on a fortune and learn how to avoid missing out on your winnings.
City tycoons plot £5bn takeover spree via cash shell
London's financial elite are preparing to launch a massive cash shell company to fund acquisitions worth up to £5 billion, targeting undervalued UK businesses in ambitious expansion move.
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Labour's Council Tax Shake-Up Targets Luxury Mansions
Chancellor Rachel Reeves announces major council tax reforms targeting high-value properties, aiming to generate £1.2bn for public services while sparking debate over wealth redistribution.
Fresnillo Strikes Major Canadian Mining Acquisition Deal
London-listed Fresnillo PLC makes bold North American move with acquisition of Canadian mining firm, signalling major growth strategy in precious metals market.
Princes Group London IPO Prices at Bottom of Range
The iconic canned food giant Princes Group has launched its London stock market debut at the lower end of expectations, raising questions about investor appetite for new listings in challenging market conditions.
Global Wealth Race: Which Financial Hub Dominates?
London battles New York and Asian rivals in the high-stakes competition for the world's wealthiest individuals. Discover which financial centres are gaining ground and what this means for global finance.
Apollo Embraces Flexible Wealth Partnership Models
Discover how Apollo Global Management is revolutionising private wealth collaboration with innovative structures and flexible approaches that challenge traditional models.
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Abu Dhabi Challenges London & NY Financial Dominance
Abu Dhabi launches an aggressive strategy to transform into a global financial powerhouse, challenging established hubs like London and New York with massive sovereign wealth backing and strategic reforms.
Crystal Palace Named London's Surprise Property Hotspot
Discover why Crystal Palace, once overlooked, is now beating prestigious neighbourhoods to become one of London's most desirable places to live according to Rightmove data.
Whisky Cask Lending: High-Stakes Spirit Investment
Discover the unique challenges and opportunities in whisky cask lending, where age-old spirits meet modern finance in London's alternative investment market.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
Doncasters Plots New York IPO in London Snub
British engineering giant Doncasters prepares to snub London for New York IPO, dealing another significant blow to the City's prestige and raising concerns about the UK's appeal to major corporations.
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