Charlie Conchie

Slowing growth. Ballooning interest payments. Rising cost of living. Andy Burnham will inherit Labour at a moment of fiscal peril.

London-based fund manager Redwheel has called in bankers to run a potential sale process, City AM can reveal.

When asked if Burnham would rule out exit taxes, a spokesperson said they would not comment on speculation or write policy “off the cuff”.

At a gathering of some of London's top bankers in the City of London last week, the mood was one of uncertainty.

Dealmakers say London's take-private spree is set to accelerate after the value of agreed deals in the first half of 2026 eclipsed last year.

Santander-backed payments company Ebury is weighing a £100m-plus takeover of foreign exchange (FX) firm Lumon, City AM can reveal.

Reynolds has left officials in her department to meet representatives of a large creditors’ group behind a Thames Water deal.

Environment secretary Emma Reynolds never met the investors behind a proposed Thames Water rescue package before slapping down their deal out of hand last month, City AM can reveal.

A social housing investment scheme that promised investors huge returns has collapsed into administration owing its backers nearly £40m.

A social housing investment scheme that promised amateur investors huge returns with no risk has collapsed into administration owing its backers nearly £40m, City AM has learned.