Sports hospitality has never been this good – but which sport does it best? Sponsored It’s impossible to start this column without a mention of England and the World Cup. It felt like interest levels were low at the start of the tournament but England’s heroic performance in Mexico and their nervy win against Norway has got the whole country behind them. Will football finally be coming home? One thing’s [...]
Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost Markets Top financial institutions have rallied behind a new report calling for the government to accelerate the digitalisation of UK markets to deliver a £33bn annaul boost to the economy. The paper, backed by a 54-strong taskforce that includes the likes of Barclays, JP Morgan and Lloyds Banking Group, says the tokenisation of markets could add [...]
Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House Banking Rachel Reeves will outline the next steps of her ring-fencing reforms at Mansion House on Tuesday, City AM can reveal, in what is expected to be one of her last acts in the Treasury. The Chancellor will launch a consultation to seek industry input on the implementation of a package of reforms announced in May, including the [...]
Alkermes’ Alixorexton Demonstrated Sustained Improvement in Wakefulness in Adults With Narcolepsy Type 1 and Type 2 in Long-Term Extension Study Interim Analysis July 13, 2026 — First Long-Term Study of an Orexin 2 Receptor Agonist to Demonstrate Sustained Clinically Meaningful Improvements in Wakefulness and Excessive Daytime Sleepiness for Up to Nine Months in Narcolepsy Type 1 and Type 2 — — Improvements in Patient-Reported Cognition and Fatigue Were Also Sustained — — Alixorexton Was Generally Well Tolerated at All Doses Tested —
City policy chair: Blocking skyscrapers is deeply disappointing July 13, 2026 Ministers’ decision to delay the City Plan over proposed skyscrapers near Tower Bridge is a blow to growth, says Chris Hayward Britain says it wants growth. Yet one of the country’s most important local plans has been sent back for further examination after already undergoing years of consultation, scrutiny and independent review. This delay, issued via a ministerial [...]
Hogan Lovells Cadwalader looks to tap transatlantic dealmaking boom following merger July 13, 2026 Global law firm Hogan Lovells Cadwalader is looking to grab more of the private capital market from rivals and tap into a boom in transatlantic dealmaking following the City firm’s merger with the oldest legal practice on Wall Street. UK managing partner Penny Angell told City AM the merger creates “a stronger bench” for the combined companies [...]
Vodafone shares jump as French telecoms tycoon becomes top shareholder July 10, 2026 Vodafone shares surged almost 11 per cent on Friday after French telecoms billionaire Xavier Niel bought a £4.4bn stake in the FTSE 100 group from UAE-backed e& and became its largest shareholder. The deal will see Niel’s investment vehicle, Vega, acquire e&‘s entire 16.2 per cent stake for 112.5p a share – a 15 per [...]
Exclusive: PwC set to cut audit jobs amid market slowdown July 9, 2026 PwC is set to slash its headcount in its UK audit division, the latest in a series of redundancies at Big Four accountancy giants. City AM understands that those affected are senior associates and managers in the audit practice. It is understood this is due to low staff attrition in the firm’s audit practice, a [...]
Exclusive: Big Four giant KPMG to cut more jobs July 9, 2026 Big Four giant KPMG is set to lay off around 10 per cent of staff in its UK group corporate services division, City AM understands. The division, which includes HR, corporate affairs, marketing, tech, and procurement, is understood to be cutting around 200 people. A KPMG UK spokesperson told City AM: “As we continue to [...]
e.l.f. Cosmetics is Giving Away Thousands of Driving Lessons to UK Learners July 9, 2026 e.l.f. launches “Grip, Set, Go,” in partnership with RED Driver Training, democratising access to a skill that lasts a lifetime.