India’s £300m Commonwealth Games dress rehearsal for 2036 Olympics August 3, 2026 The next Commonwealth Games in Amdavad will have a budget double the size of Glasgow’s in what will be seen as a dress rehearsal for an Olympic Games in India. The largest city in Gujarat, also known as Ahmedabad, will host the next edition of the Games, which nearly went under when Durban and Victoria [...]
Retailers hit back at Healey’s ‘profiteering’ threat August 3, 2026 Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]
Reform’s Richard Tice under parliamentary investigation August 3, 2026 Reform UK deputy leader Richard Tice is facing a probe from the parliamentary standards watchdog for failing to declare an interest in a debate. Daniel Greenberg, the parliamentary standards commissioner, confirmed a probe was opened on the 28th July but did not share further details about the scope of the investigation. Tice claimed it relates [...]
Burnham urged to axe tourist tax expansion in devolution drive August 3, 2026 A leading hospitality trade body has urged Andy Burnham to drop plans to expand the so-called “tourist tax” across the country as part of his devolution drive. UK Hospitality (UKH) has written a letter to the Prime Minister, seen by City AM, warning that the government’s overnight visitor levy would cost 33,000 jobs in the [...]
FA turns up heat on Infantino by pulling support for embattled Fifa president August 3, 2026 The Football Association has heaped further pressure on embattled Fifa president Gianni Infantino by formally withdrawing its support for his re-election. The FA was one of around 200 of Fifa’s members which agreed to back his bid for a third term but has changed its mind in light of Infantino’s plan to sell off stakes [...]
Astrazeneca share price tumbles on $400bn megamerger talks August 3, 2026 Astrazeneca’s share price slumped sharply on Monday as investors baulked at a potential $400bn megamerger with US rival Bristol Myers Squibb. Shares in the UK drugmaker slid six per cent in early trading to 11,866p after the Financial Times reported it has been holding talks regarding a potential tie-up with the US group in recent [...]
Manufacturers overcome gloomy economy as output surge continues August 3, 2026 Manufacturers have overcome a gloomy economic outlook across the country as businesses boosted production to levels not seen in almost two years, new data has revealed. According to S&P Global’s monthly survey of output across manufacturers, business activity continued to increase in what was the ninth consecutive month of growth in the sector. The purchasing [...]
Staveley planning ‘big property play’ as she closes in on West Ham stake August 3, 2026 Amanda Staveley says she is planning a “big property play” in English football as the former Newcastle United closes in on a deal to buy a stake in West Ham United. Staveley, her husband Mehrdad Ghodoussi, and others have agreed to buy a 25.1 per cent stake in the Hammers, who were relegated to the [...]
Chrysalis marks down Starling stake again and reduces Klarna holding August 3, 2026 Chrysalis Investments has slashed the price tag of its Starling stake for the second straight quarter. The British investment trust marked down the value of its holding in the digital bank by five per cent to £356m in the second quarter. This helped contribute to an overall drop of 2.35p per share in Chrysalis’ net [...]
Global advisory giant Brunswick explores capital raise August 3, 2026 City PR and advisory heavyweight Brunswick is reportedly weighing up a fresh cash injection via a sale of a stake in the firm, setting the stage for a punchy windfall for its top executives. Five years after securing a £500m valuation following the sale of a 10.7 per cent stake to US private bank BDT [...]