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Business

  • Ferdinand, Crouch, Foster: How footballers have built media empires for the future

    July 3, 2026

    Footballers need to retire eventually. Calum Hopkins takes a look at how they can do it in a changing media landscape. With the World Cup knockouts well underway, it is time to consider whether the people sitting in the studio continue to have the power. We are seeing a massive shift in football; the audience [...]

  • Richard Desmond puts £1bn Westferry development up for sale

    July 3, 2026

    A £1bn residential development on the doorstep of London’s financial district has been put up for sale by its billionaire owner, City AM can reveal, in the latest twist in a long-running saga over the future of the project. The Westferry Printworks, which is owned by former newspaper baron Richard Desmond and promises to deliver [...]

  • Fifa accused of bullying in attempt to kill off multi-billion class action claim

    July 3, 2026

    Fifa has been accused of using bullying tactics in a bid to kill off a class action lawsuit claiming billions in lost earnings from football’s governing body on behalf of current and former players. Justice For Players is pursuing a mega claim deriving from the European Court of Justice’s landmark Diarra Ruling, which declared Fifa’s [...]

  • Why brands can fail miserably at sponsoring Wimbledon

    July 3, 2026

    With the Grand Slam in full swing, Sam Milne discusses why brands still manage to fail at Wimbledon Pimm’s, strawberries and cream, pristine grass courts, and royalty and sporting legends intermingling evoke only one place: Wimbledon. It’s one of the few global sporting events that feels timeless, and minus the players themselves, an image from [...]

  • Ryanair warns of ‘passport queue chaos’ with new EU border system

    July 3, 2026

    Ryanair has warned the EU’s new biometric border system will cause “passport queue chaos” this summer and called on European governments to halt the rollout until after the busy travel season. The budget airline said the new system “is not ready” for the large volume of people travelling to Europe over the summer and urged [...]

  • World Cup boost fails to land UK services sector on front foot

    July 3, 2026

    A World Cup boost failed to drag the UK’s services sector to growth last month after it recorded its fastest rate of decline in three-and-a-half years as businesses braced for the Andy Burnham coronation. The latest Purchasing Managers Index (PMI) from S&P Global showed a reading of 48.8 in June, falling from 49.3 in May.  [...]

  • UK fintech Starling to axe 130 roles in AI-powered simplification drive

    July 3, 2026

    Starling is gearing up to cut some 130 roles in a bid to streamline its operations following a fall in profit over the last year. The London-based fintech told staff this week it would restructure its banking and tech operations as it leveraged AI across operations ahead of an influx of new projects. It said [...]

  • As it happened: Stocks rise as oil lower; Iran threatens ‘forceful response’ over Strait of Hormuz

    July 3, 2026

    Welcome back to the City AM liveblog. The rate of traffic flowing through the Strait of Hormuz is gradually picking back up in a major boost to the oil market. Brent crude – the international benchmark for oil prices – held steady at near $72 per barrel on Friday morning. It marked a similar level [...]

  • Devolution will create losers too

    July 3, 2026

    Devolution is a laudable endeavour, but it will widen the gap between thriving and struggling areas as much as closing it, writes Sanjay Raja.

  • Reality is rugby’s Nations Championship is botched

    July 3, 2026

    With the inaugural Nations Championship around the corner, Ollie Phillips looks at why the sport’s bosses missed a trick. The Nations Championship kicks off this weekend, but when you look at what is the star match of round one based on the players involved – South Africa’s home fixture against England on Saturday – it [...]

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