Exclusive: Liverpool and Telegraph owner RedBird working on NBA Europe Sport Business Telegraph Media Group owner and Liverpool FC investor RedBird Capital Partners is working with the NBA on its plans to launch a European basketball league, City AM can reveal. RedBird, which also owns Italian football giants AC Milan, is playing a prominent role in wooing potential investors and partners in the venture at an exclusive [...]
Big Technologies soars after £39m settlement with former shareholders Legal Big Technologies shares soared on Monday after the London-listed tech firm reached a £38.5m settlement following legal action from former shareholders. The shareholders alleged they were unfairly forced to sell down their stakes in the company in 2018 prior to the firm’s IPO. The action triggered an investigation by Big’s board which led to the [...]
EU weighs €93bn tariff offensive on US after Trump ‘blackmail’ Markets The European Union is said to be gearing up to hit the US with a staggering €93bn tariff offensive as nations of the 27-state bloc hit back at President Trump’s “blackmail” amid the deepening Greenland crisis. EU ambassadors hastily met on Sunday in Brussels to discuss the President’s onslaught of levies announced in a Truth [...]
IMF: UK economy to lag behind growth of advanced economies January 19, 2026 The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers. The IMF has kept its UK growth figures for 2026 and 2027 [...]
Hundred: Barclays replaces Tyrrells as London Spirit front-of-shirt sponsor January 19, 2026 Banking giant Barclays has replaced Tyrrells crisps as the front-of-shirt sponsor of Hundred franchise London Spirit as new investors flex their new-found power. The upmarket crisp’s parent firm KP Snacks signed a multi-year deal to sponsor the eight Hundred franchises, using brands such as Hula Hoops and Butterkist to occupy prime advertising real estate. But [...]
FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war January 19, 2026 Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
UK economy ‘languishing’ behind peers as living standards stagnate January 19, 2026 The Labour government risks leaving the UK economy falling further behind major trading partners, left-leaning economists have warned, as they urged Rachel Reeves to ramp up growth plans ahead of crucial meetings in Davos this week. A new report by the Resolution Foundation, the think tank where several current Treasury ministers brainstormed policies before becoming [...]
Reeves hails UK IPO revival and claims new ‘golden age’ for the City January 19, 2026 Reforms to UK listing rules are “reinvigorating” the City of London, according to Rachel Reeves as the Chancellor hails a new “golden age” for the Square Mile. Scheduled to speak at an event in the Square Mile on Monday, Reeves had been set to say: “Two years ago, some said the City’s best days were [...]
AI-enhanced deception: The audit industry’s next big test January 19, 2026 The audit industry has been under the microscope over the past few years following a number of high-profile corporate collapses, prompting stricter measures to restore public trust. And with the rise of AI-driven fraud, auditors will be under more pressure than ever to adapt to an evolving risk environment. The Financial Reporting Council (FRC), the [...]
Richest women’s football teams 2026: Arsenal pip Chelsea and Barcelona January 19, 2026 Arsenal have overtaken Barcelona Femeni to become the richest women’s football team in Europe, according to Deloitte’s latest annual rankings. Last season’s Champions League winners topped the list of women’s football clubs ranked by revenue for the first time, with Arsenal earning €25.6m (£21.5m) in 2024-25. Women’s Super League holders Chelsea are a close second [...]