England World Cup fans invited to ‘soccer Coachella’ with free fan fest and cheap beer Sport Business The cost of attending the 2026 World Cup is already notorious, but Philadelphia believes it has the solution for budget-conscious England fans heading to the United States. The city raised $60m in private funding which, along with state and federal contributions, will subsidise what the city is billing as “a soccer Coachella” – the only [...]
Raise your glasses to City Beerfest in Square Mile’s Yard of ale Partner Returning for its 12th year, the hugely popular City Beerfest will be held in the City ofLondon’s historic Guildhall Yard on Thursday 2 July from 12.30pm to 9pm. City’s ever-popular Beerfest returns to Guildhall Yard to raise funds for TheLord Mayor’s Appeal Festival welcomes 13 brewers – between them, offering 55 beers – to the [...]
Balfour Beatty emerges from US oversight scheme after fraud against military Transport & Infrastructure There was a “landmark moment” for FTSE 250 firm Balfour Beatty on Monday, with the announcement that its US subsidiary emerged from special scrutiny from the Department of Justice (DoJ). The news came as both a reminder of the global reach of London’s major support services sector and the pitfalls it can face from complex, [...]
London house prices fall as Bank of England rate hikes loom over mortgage market June 5, 2026 Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched Halifax House Price Index was released with mortgage holders and would-be home buyers eyeing interest rate rises from the Bank of England (BOE). The [...]
‘Dire’: Rapid decline in construction as sector slashes jobs June 4, 2026 A rapid decline in construction companies’ activity has forced bosses to cut employment, according to new data. S&P Global’s construction purchasing managers’ index (PMI) showed that business activity declined at the fastest pace for six years. Putting the pandemic aside, the decline in construction output was the lowest since March 2009. The PMI reading was [...]
Computacenter joins FTSE 100 in reshuffle as index builds tech exposure June 4, 2026 The latest quarterly reshuffle of the FTSE 100 has seen Computacenter, Investec and Aberdeen promoted to the top-tier index of the City’s most valuable companies, bringing a constituent with some direct exposure to the artificial intelligence boom to the City’s most famous benchmark. Computacenter’s rise from the FTSE 250 to blue-chip status looks somewhat like [...]
Mortgage approvals jump to 15-month high despite Iran war chaos June 2, 2026 Mortgage approvals made a surprise jump to a 15-month high in April, despite continued signs that the economic chaos caused by the Iran war is shaking confidence in the property market. Net mortgage approvals jumped three per cent to 65,900 in April, above the six-month average of around 63,100, according to Bank of England data. [...]
London luxury property at mercy of Labour chaos, not Iran war June 2, 2026 Labour party infighting, not the Iran war, is the primary factor shaping the ongoing slump in London’s luxury property market, experts have said. While inflation fears caused by the Iran war had been blamed for the capital’s stagnant prime property market, speculation around the tax regime of a potential successor to Starmer is emerging as [...]
Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid June 1, 2026 Easyjet has fired back at speculation of a takeover, after reports emerged that private credit firm Castlelake was weighing a bid. The budget airline said it notes the “highly opportunistic timing” of a potential offer as it asserted its share price is “temporarily depressed due to the current situation in the Middle East and its [...]
House prices fall again as property market ‘deteriorates’ June 1, 2026 House prices fell again in May as the mortgage rate hikes and surging energy bills caused by the Iran war continued to take their toll on the UK’s fragile property market. The UK’s average house price fell by 0.6 per cent to £278,024 in May, compared to 0.4 per cent growth in April, according to [...]