EV targets set to be watered down August 14, 2026 Electric vehicle sales targets for British carmakers could be watered down after ministers launched a fresh review amid growing pressure from manufacturers and dealerships. The government said it was seeking the opinions of auto makers, suppliers and charging point providers on whether to loosen the ambitious plans to phase out sales of petrol and hybrid [...]
Ofgem warns on grid squeeze after Heathrow data centre approved August 14, 2026 The energy watchdog Ofgem has warned that speculative data centre projects risk holding up viable investments on Britain’s electricity grid, after councillors approved another power-hungry facility near Heathrow Airport. Hounslow Council has backed plans for a data centre on a 12.2-acre brownfield site at the Haslemere Heathrow Estate, which would require an 80MVA high-capacity electricity [...]
Burnley axe main sponsor Finotive after just six weeks and promote Vertu to shirt August 14, 2026 Burnley have announced car seller Vertu as their main sponsor after terminating a recent deal with trading platform Finotive just hours before the start of the new Championship season. Finotive was announced as Burnley’s front-of-shirt partner in early July but the club confirmed this morning that the deal had been scrapped after just six weeks [...]
Private equity-backed advisory firm acquires specialist music boutique August 14, 2026 Mid-tier accountancy and advisory firm BKL has snapped up a smaller counterpart in its latest acquisition, aiming to strengthen its focus on the music, media, and entertainment sector in London. City-based BKL, which offers tax, accounting, and business advisory services, has snapped up specialist music accountancy firm Dales Evans, as it “continues to expand its [...]
Football finance experts urge caution over Premier League + price promotion August 14, 2026 Football finance experts have urged the Premier League to show caution with its promotion of Premier League + as British fans learn of the premium they’re paying to watch the top flight. Premier League + will launch in Singapore next week, ahead of the return of the competition next Friday, with every game broadcast live [...]
Why did Pinterest choose Oxford Street for its new HQ? August 14, 2026 Pinterest is not a bricks and mortar business, nor is it explicitly a retail one. So why choose Oxford Street for its slick new home?
As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war August 14, 2026 Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]
Google backs publisher model as Apple considers price tag for news August 14, 2026 Google said it backs the established system for paying news publishers, even as Apple considers a radically different model that would tie payments to how often its AI assistant uses journalism. The search giant considers itself the only major tech platform with a structured approach to paying publishers at scale, City AM understands, with licensing [...]
Anthropic subscriptions overtake OpenAI in the UK, fresh data suggests August 14, 2026 Spending on Anthropic subscriptions has overtaken OpenAI in the UK for the first time, fresh data suggests, as the firm’s focus on enterprise customers helped boost its revenues. Anthropic accounted for as much as 54 per cent of all UK business spending on AI firms in the three months to July, compared to just 27 [...]
KSI to stream Dagenham and Redbridge games to his 19m YouTube followers August 14, 2026 Influencer KSI has secured permission to stream some Dagenham and Redbridge matches on his YouTube channel this season in a bid to grow the club’s popularity. KSI – 33-year-old Londoner Olajide Olatunji – acquired a stake in the sixth tier National League South club earlier this year shortly after they were taken over. The deal [...]