City A.M. | Business news live from the City of London

S&P 500 slumps on open as Treasury yields remain elevated

Markets

US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting […]
EU pauses counter-tariffs after Trump backs down

Economics

A decade of departures: Moscow only city with worse millionaire exodus than London

Economics

If Knight Frank’s inaugural Global Cities survey was anything to go by, London had the world at its feet in 2013. Respondents to the property giant’s annual poll of global wealth advisers declared the UK capital—not Singapore, Geneva, or any of America’s embarrassment of global cities—the ‘most important city in the world’ to their ultra-high-net-worth […]

Opinion

Can AI do it better? Why Starmer is right to reimagine the civil service

Opinion

What proportion of the civil service’s workload could AI handle today? Starmer could revolutionise Whitehall if he’s brave enough.
Welcome to the era of the £6 pint

Opinion

Will rising costs kill off Savile Row’s renaissance?

Retail

On a Wednesday morning earlier this month, there was plenty of activity on the shop floor at the Georgian townhouse that plays home to Richard James’ bespoke suit-making. One staff member is on the phone discussing colours and time frames, another getting a glass of water for a customer in the changing room, and smartly […]

Will Starmer not 'sit back' against Trump's tariffs and trade war with China?
Trump excludes China from 90-day tariff pause: How did stock markets react?
Will Trump's tariffs raise UK insurance costs as China responds to trade war?
Can Reeves improve UK-EU relationship as Trump's tariffs kick off US-China trade war?
Can UK benefit from Trump's tariffs as China responds to potential trade war?

How the modern world is changing grave stone design forever

Life&Style

Death is the only thing surer than taxes. But how we’re remembered is a strange and sometimes controversial business. Ralph Jones meets the people rewriting the rules, one grave stone at a time Stonemason Neil Luxton once agreed to use comic sans on a grave. Once was enough – he has refused ever since. Luxton, […]
Life on the edge: A deep dive into the crazy world of Margate

Life&Style
It takes a village: Do we need to rethink our attitude to old age?

Life&Style

Masters 2025 prize money: How much do players earn at Augusta?

Sport Business

Prize money at the 2025 Masters has doubled in under a decade, with the winner at Augusta National this week set to earn $3.6m (£2.8m). The total prize fund at the year’s first major has now swollen to $20m (£15.5m) and the top three players are all assured of seven-figure payouts. As recently as 2016, […]
Ronaldo to make action movies with X-Men and Kick-Ass director

Sport Business

Lessons for Man Utd from Everton’s new stadium – by the architect behind it

Sport Business

The architect behind the new Everton Stadium on marrying history with future and why Manchester United chiefs should take note as they plot an Old Trafford rebuild. American architect Dan Meis knew he was going out on a limb when he submitted his design for Everton’s new stadium. Eschewing the trend for modern spacecraft-like arenas, […]

BMW M5 2025 review: The hybrid super saloon with V8 muscle

Life&Style

I was there, and 1984 was nowhere near as terrible as George Orwell would have you believe. Ghostbusters and The Goonies ruled the box office, Prince released Purple Rain, and Frankie Goes To Hollywood topped the chart with Relax, then again with Two Tribes. In Munich, meanwhile, BMW pulled the wraps off the world’s first […]
Eat, drink, sleep, repeat: London’s top outdoor restaurants

Life&Style

Libby’s Naked Wine Diary: The perfect glass to enjoy with friends

Life&Style

@doesmybumlook40 @knackeredmother and @libbybrodie walk into a bar… And this is the Naked Wine they drank together The last time the three of us were together was at Kylie Minogue’s birthday party. It was a surprisingly intimate affair at Mayfair club Annabel’s, where we sipped Kylie’s Prosecco (very good) and rose (excellent) as the pixie-sized Queen […]
Naked Wines picks: three delicious bottles for World Earth Day

Wine
Libby’s Naked Wines diary: Why I adore Coravin

Wine

The Punter Podcast Episode 25: Scottish National and back on the Flat at Newbury

Tom Marriott and Bill Esdaile preview Saturday’s Scottish Grand National meeting at Ayr, as well as covering Newbury with trainer Brian Meehan. Plus Wally Pyrah takes a look at Wednesday’s action at Happy Valley in Hong Kong. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a decade with a […]
Dreaming of Silver as Flat swings into action at Newbury

Sport
Brandt a Wise bet against Mullins in Scottish National

Sport