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      Healey vows AI will not ‘leave workers behind’ in £600m Budget package

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Business

  • ‘Vibrant colours and sexy scents’: Steph McGovern-owned Gootopia back in profit

    August 6, 2026

    A slime business owned by broadcaster Steph McGovern has turned back to profitability after a period of rapid expansion. London-based Gootopia, which hosts parties for children in which they play with multi-coloured slime, was founded in 2018 and has since grown from a single site to a dozen locations across the UK, including in Brixton, [...]

  • Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas

    August 6, 2026

    A select group of private companies including Astrazeneca and Jaguar Land Rover will be able to endorse migrants to enter the UK on a skilled talent visa for the first time.  The list of over 100 companies, which also includes GSK, Arm and a range of large companies and research start-ups, will now be able [...]

  • Tritax Big Box taps investors for £350m London data centre splurge

    August 5, 2026

    Listed real estate investor Tritax Big Box has revealed plans to raise £350m through a new share issue to pump into the construction of London data centres. The FTSE 100 company told investors it had nearly doubled its pipeline of grid connection agreements to 507 megawatts and would use the fresh funding to “unlock the [...]

  • TikTok loses court battle over £12.7m child privacy fine

    August 5, 2026

    TikTok has lost an appeal against a £12.7m fine from the UK’s data protection regulator for illegally processing the data of over 1.4m children under the age of 13. The watchdog hit TikTok with the penalty in April 2023 for breaching the UK’s data protection law, the GDPR, for unlawfully processing the data of children [...]

  • Qatar Racing takes over sponsorship of £4.4m British Champions Day

    August 5, 2026

    Qatar Racing has replaced QIPCO as title sponsor of British Champions Day at Ascot for its next three editions, starting this year. The racing empire of Qatari royal Sheikh Fahad bin Abdullah Al Thani is a subsidiary of QIPCO, which has sponsored the most lucrative day in the British racing calendar, worth £4.4m in prize [...]

  • Investors ‘may be less than impressed’ by John Healey’s £9bn borrowing plans 

    August 5, 2026

    Investors may be “less than impressed” by John Healey’s plans to increase borrowing by £9bn a year to take stakes in assets such as infrastructure, analysts have warned.  On Tuesday evening, it was reported that the new Chancellor and Treasury ministers were working on a proposal to deploy billions in the direction of infrastructure, housing [...]

  • Exclusive: Sydney Opera House and Gherkin designer Arup loses finance chief

    August 5, 2026

    The design company behind the Sydney Opera House and Gherkin has been left without a finance chief after the former executive in the role quietly left the business, City AM has learned. Robert Boardman, who spent nearly seven years as chief financial officer at the blue-chip engineering, design, and professional services consultancy, resigned as a [...]

  • Exclusive: Arsenal target Vinicius Jr future at Real Madrid to be decided this week

    August 5, 2026

    Vinicius Jr’s future at Real Madrid will be decided this week amid interest from Arsenal in a blockbuster move, City AM understands. The Brazilian left winger is under contract with Los Blancos until 2027 but negotiations in Spain have stalled having begun over a year ago, opening the door for an audacious attempt by the [...]

  • Want to be as rich as retirees? Buy shares in them

    August 5, 2026

    Firms selling to British retirees have rocketed in value this year – Simon Hunt asks why. The Nasdaq 100 is up around 14 per cent since the start of the year, at the time of writing, while the FTSE 350 is up 9 per cent. But one stock portfolio is doing better than both. I [...]

  • Glencore targets secondary listing in Australia as London loses mining shine

    August 5, 2026

    Glencore will launch a secondary listing in Australia in the latest blow to London’s ailing stock market as miners continue to eye opportunities away from the UK. The mining and trading juggernaut, which is among the largest companies on the FTSE 100 boasting a market cap of £64.4bn, is pursuing the listing following its group’s [...]

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