City A.M. — Economics

City A.M. — Economics

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London macro/BoE/markets

Fintech Firms Grew Four Times Faster than Traditional Banks in 2025
NewsJun 1, 2026

Fintech Firms Grew Four Times Faster than Traditional Banks in 2025

Fintech firms grew four times faster than traditional banks in 2025, posting a 22% average revenue increase and reaching half a trillion dollars in global revenue, according to BCG’s Global Fintech Report 2026. Europe led the surge with 24% growth,...

By City A.M. — Economics
House Prices Will Fall by Two per Cent This Year – the Most Since the Financial Crisis
NewsMay 31, 2026

House Prices Will Fall by Two per Cent This Year – the Most Since the Financial Crisis

Savills forecasts UK house prices to decline by 2% in 2026, the first nominal drop of that magnitude since the 2008 financial crisis. The downturn is driven by sharply higher mortgage rates after the Iran war, with two‑year fixed rates...

By City A.M. — Economics
UK Music Tech Faces Scale-Up Crunch as Growth Funding Collapses
NewsMay 31, 2026

UK Music Tech Faces Scale-Up Crunch as Growth Funding Collapses

Britain’s music‑tech sector is confronting a severe scaling crunch as growth‑stage funding collapsed by roughly 90% over the past five years, dropping from $128 million in 2020 to just $12.7 million in 2025. While total investment reached $1.03 billion and seed capital more...

By City A.M. — Economics
BCG, Bain and Alvarez to Ramp up Entry Level Hiring Despite AI Fears
NewsMay 31, 2026

BCG, Bain and Alvarez to Ramp up Entry Level Hiring Despite AI Fears

UK’s three largest consultancies—Bain, Alvarez & Marsal, and BCG—are increasing graduate hiring despite industry fears that AI will cut entry‑level roles. Bain aims to boost graduate intake by 25% year‑over‑year, targeting triple‑digit numbers. Alvarez & Marsal is forging campus alliances in the...

By City A.M. — Economics
Chaos at Heathrow as Burst Water Pipe Causes Train Cancellations
NewsMay 30, 2026

Chaos at Heathrow as Burst Water Pipe Causes Train Cancellations

A ruptured water main at Heathrow’s Terminals 2 and 3 on Saturday forced TfL to shut down the Elizabeth line between Hayes and Harlington, leaving the airport’s primary rail links inoperable. The flooding also knocked out Heathrow Express services, while the Piccadilly...

By City A.M. — Economics
Easyjet Attracts Takeover Interest From US Private Credit Firm
NewsMay 30, 2026

Easyjet Attracts Takeover Interest From US Private Credit Firm

Easyjet, the UK‑based low‑cost carrier valued at roughly $3.8 billion, has attracted takeover interest from US private‑credit firm Castlelake, which manages about $36 billion in assets. Castlelake disclosed it is in the early stages of evaluating a possible offer but has not...

By City A.M. — Economics
Fortegra Completes Acquisition by DB Insurance
NewsMay 29, 2026

Fortegra Completes Acquisition by DB Insurance

Fortegra Group announced the completion of its acquisition by South Korea’s DB Insurance, following regulatory and shareholder approvals. Fortegra will continue operating independently, preserving its leadership team, distribution channels, and underwriting discipline. The deal positions Fortegra to broaden its geographic...

By City A.M. — Economics
IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC
NewsMay 29, 2026

IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC

International Flavors & Fragrances (IFF) agreed to sell its Food Ingredients business to funds advised by CVC Capital Partners for an enterprise value of about $4.3 billion, retaining a 10 percent minority stake worth roughly $200 million. The divestiture, part of a broader...

By City A.M. — Economics
Reeves’ Summer of Fun Won’t Deliver Growth
NewsMay 29, 2026

Reeves’ Summer of Fun Won’t Deliver Growth

The UK Labour government announced the Great British Summer Savings scheme, a temporary VAT cut from 20% to 5% for selected family leisure activities and free bus travel for children aged five to 15, costing roughly £300 million (about $375 million). The...

By City A.M. — Economics
AAHI’s SLA-SE Adjuvant Technology Powers Lilly’s Acquisition of Curevo’s Next-Generation Shingles Vaccine
NewsMay 28, 2026

AAHI’s SLA-SE Adjuvant Technology Powers Lilly’s Acquisition of Curevo’s Next-Generation Shingles Vaccine

Eli Lilly has agreed to acquire Curevo Vaccine, securing its Phase‑3‑ready shingles shot CRV‑101, which incorporates Access to Advanced Health Institute’s (AAHI) proprietary SLA‑SE adjuvant. The adjuvant is designed to boost T‑cell immunity while maintaining a favorable safety profile, positioning the...

By City A.M. — Economics
Ask the Expert: Should I Invest Instead of Buying a Home?
NewsMay 27, 2026

Ask the Expert: Should I Invest Instead of Buying a Home?

Fidelity specialist Marianna Hunt advises a London‑based twenty‑somethings that, given today’s market, investing a £20,000 (≈$25,400) savings pool may outpace buying a modest flat. She notes that after inflation UK home values have slipped over the past three‑to‑five years, while...

By City A.M. — Economics
KBRA Releases Research – Coming of Age: The Evolution of European Middle Market CLOs
NewsMay 27, 2026

KBRA Releases Research – Coming of Age: The Evolution of European Middle Market CLOs

KBRA’s new research charts the early‑stage growth of European middle‑market collateralised loan obligations (CLOs). The study notes that only a handful of publicly rated transactions have been completed, yet recent issuances indicate rising interest from managers and investors. Unlike traditional...

By City A.M. — Economics
English Wine Has Moved up a Notch – Here’s Why
NewsMay 26, 2026

English Wine Has Moved up a Notch – Here’s Why

English wine is gaining momentum as counties forge distinct regional identities. Kent’s Wine Garden of England collective, launched in 2018, unites nine vineyards for joint tours and events. In 2022 Sussex earned the UK’s first wine‑specific PDO, raising quality standards...

By City A.M. — Economics
Gen Z Craze Toy Maker Jellycat Launches Legal Action Against Next and Hamleys
NewsMay 26, 2026

Gen Z Craze Toy Maker Jellycat Launches Legal Action Against Next and Hamleys

British plush‑toy maker Jellycat, a Gen‑Z favorite, has filed three separate trademark lawsuits in the London High Court against Next Retail, Hamleys of London and online retailer Bessie London. The company, owned by Jelly Holdings, reported a 66% revenue surge to...

By City A.M. — Economics
City A.M. — Economics | Pulse