Billionaire Ackman slams US Open ticket prices as absurd August 20, 2026 Billionaire hedge fund investor Bill Ackman has slammed organisers for the US Open tennis Grand Slam organisers over the price of tickets. A day one ground pass will set fans back $363, or £268. This will not give fans access to the show courts, with tickets for those set at an even higher price. an [...]
Is £5bn now the entry ticket into Premier League football? August 20, 2026 It may have taken 34 years but the Premier League has at last clawed its way into the financial big time. The reported £5.5bn valuation placed on Liverpool FC by a consortium of new investors that includes Amazon’s founder Jeff Bezos – aka the world’s third richest man – has the whiff of an NFL [...]
As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again August 20, 2026 Welcome back to the City AM liveblog. The FTSE 100 has slipped to a week low on Thursday, as JD Sports dragged on the index after warning on profit. The blue-chip index fell to 10,693 around midday, marking a 0.46 per cent drop on Wednesday’s close and a 0.7 per cent fall in the week [...]
Trainees ‘exploiting’ aspiring lawyers by monetising advice on social media August 20, 2026 Trainee lawyers are taking to social media to monetise their “advice” and offer “mentorship” to aspiring candidates looking to land training contracts and apprenticeships, sparking backlash from industry veterans who claim the practice is exploitative. Paul Leamy, a solicitor at Temple Bright and former Winston Taylor partner of ten years, told City AM there is [...]
Which is the smelliest Tube line? August 20, 2026 Nobody would say the Tube is the freshest part of our transport network. But which line stinks the most? James Ford has the answer.
Take it from an AI founder, London is where it’s at August 20, 2026 Forget Silicon Valley, AI startup founder Dima Eremin says UK regulations, conversely, are making London more attractive.
Monzo faces outage as thousands of users unable to make payments or transfers August 19, 2026 UK fintech Monzo has suffered an outage that has left thousands of its users unable to use its banking services. The digital bank said it had “identified some issues” and initiated a stand-in backup service, which would allow users to still complete card payments and receive transfers. But some users have continued to raise concerns [...]
Goldman: Junior white-collar workers squeezed hardest by AI hiring slump August 19, 2026 Artificial intelligence is beginning to weigh most heavily on junior white-collar jobs, according to Goldman Sachs, as new research points to a growing divide between workers entering industries such as consulting and advertising, and their more experienced colleagues. The Wall Street bank analysed employment across more than 800 occupations and found that AI-related hiring pressures [...]
London City 7s sign up Springbok-producing powerhouse varsity team August 19, 2026 In less than a month a Springbok-producing university team will join Bordeaux at the London City 7s. This Saturday the Greatest Rivalry resumes as New Zealand take on South Africa at Ellis Park in Johannesburg. It is the first time the All Blacks have undertaken a full tour of South Africa in 30 years. Up [...]
Williams turns to AI to squeeze more from F1 cost cap August 19, 2026 British racing team Williams is turning to AI to free up engineering time as Formula One’s (F1) cost cap makes squeezing more from existing resources more valuable. The nine-time constructors’ champion has rolled out software from title partner Atlassian across its 1,200-strong operation as part of a wider overhaul under team principal James Vowles, as [...]