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Business

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

    August 27, 2026

    HMRC has filed a petition seeking to have Sky Sports pundit and former England footballer Jamie Carragher declared bankrupt over an unpaid tax bill. The case was filed against James Lee Duncan Carragher by solicitors representing HMRC at the High Court in London yesterday, filings show.  The 48-year-old is one of the faces of Sky [...]

  • Halfords lifts profit targets on heatwave boost

    August 27, 2026

    The sun has shone on Halfords’ summer trading as the motoring and cycling retailer lifted its profit targets in response to “very strong” recent sales. The FTSE 250 firm had previously been tipped for a £52.6m pre-tax profit this year but said on Thursday that it now hopes to make between £55m and £65m. Shares in [...]

  • Puregym to double new gym openings in second half of year

    August 27, 2026

    Puregym is set to bulk up its gym network in the second half of 2026 after seeing a boost to revenue in the first six months of the year. The Leeds-based group opened 17 sites in the first half of the year, but said on Thursday it remains on track to reach 60 new high-quality [...]

  • Park Plaza owner ‘not distracted’ after sale talks fail

    August 27, 2026

    Hotel owner PPHE Group has said it is “not distracted from our core focus” after its takeover by a rival hotel operator fell apart, despite the company reporting slowing revenue growth in the last quarter.  The FTSE 250 firm’s board had backed a sale to Israeli-based Fattal Hotel Group but opposition from a major shareholder [...]

  • What I’ve learned about English cricket finances in seven weeks chairing Sussex

    August 27, 2026

    Seven weeks as chair of Sussex Cricket and no major jolts to the view of the sport that I held while my nose was pressed to the window looking in, but lots of new detail to fill out my understanding of its challenges.  Some of these challenges are unique to cricket, others common to many [...]

  • As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom

    August 27, 2026

    Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index suffered heavy losses on Thursday, as murky US inflation data overshadowed Nvidia’s sales triumph. While headline inflation fell back, the Fed’s preferred measure – the Personal Consumption Expenditures Price Index (PCE) – is still running hot at 3.7 per cent. Investors [...]

  • Affluent Big Four partners lack ‘fire in the belly’ to disrupt consulting market

    August 27, 2026

    The trend of Big Four partners leaving to launch boutique consultancies has accelerated in recent years. But Q5 co-founder has told City AM that many will struggle to build true challenger brands without an “all or nothing” approach. Five founders, including managing partner Olly Purnell, launched boutique consultancy firm Q5 at the height of the global financial [...]

  • Fed chair Kevin Warsh faces Jackson Hole D-Day

    August 27, 2026

    Kevin Warsh has opted for a less-is-more approach when communicating his feelings on interest rates and inflation. Ahead of his first set piece speech as Federal Reserve chair, investors want to hear more, writes Ali Lyon. When Federal Reserve chair Kevin Warsh steps up to the wood-panelled stage at this week’s Jackson Hole symposium, investors [...]

  • Dolly Parton: The rhinestone capitalist

    August 27, 2026

    Dolly Parton is often celebrated as a working class hero, but her entrepreneurial triumphs can be read as a fable of capitalism too.

  • Londoners can no longer afford the Notting Hill Carnival

    August 27, 2026

    Around 2m people flock to Notting Hill Carnival each year. But there is no such thing as a free lunch, or free street party, says James Ford.

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