Pension pressure to help swell UK debt to three times size of economy July 7, 2026 The growing cost of pensions is set to help swell UK public debt to three times the size of the economy and will place ‘unsustainable’ pressure on the public finances, the budget watchdog has warned, days after Andy Burnham pledged to retain the expensive triple lock after taking power. In its annual report on the [...]
British consultants face slowdown as corporate spending slumps July 7, 2026 The British consulting industry is set to grow by a single digit this year as the sector faces a slowdown in spending from corporate clients. According to research from the Management Consultancies Association (MCA), the primary representative body for management consulting firms in the UK, the UK consulting sector’s predicted growth for 2026 stands at [...]
How Harry Maguire is using AI to help England… at table tennis July 7, 2026 Harry Maguire may have been left at home for the World Cup but the football cult hero is still set to play a part in England’s sporting success – via AI technology. Feedz, a sports tech platform designed to help coaches and co-founded by Manchester United defender Maguire, has been adopted by Table Tennis England. [...]
Young’s pubs score World Cup trading boost July 7, 2026 Young’s has seen a surge in trading as a result of England’s success so far in the World Cup, the pub operator said. The FTSE-listed hospitality firm said its nine per cent jump in revenue in the last 14 weeks was in part driven by the initial stages of the World Cup, where England has [...]
House prices rise as mortgage rates ease from Iran war highs July 7, 2026 House prices inched up in June as mortgage rates softened following a sharp spike in response to the Iran war. The average UK property price rose by 0.2 per cent in June to £299,330, compared to a 0.2 per cent fall in May, according to the Lloyds house price index. Inflationary fears and expectation of [...]
As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions July 7, 2026 Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]
Burnham’s encounter with political and economic reality will be brutal when it comes July 7, 2026 This is turning out to be a very strange summer indeed, and I’m not referring to the football. This week, a Prime Minister with no power will attend the NATO summit in Ankara and next week, a Chancellor with just days left in the job will tell a City crowd at the Mansion House banquet [...]
London’s new ‘literary-themed’ hotel shows why hotels should not be themed July 7, 2026 Amid a boom in literary-inspired travel, a book-themed hotel has opened in Kensington. Anna Moloney checks in...
Non-compete clauses are restraining Britain’s talent market July 7, 2026 In the US, you can hire someone for a senior role and have them at their desk in a matter of weeks. Britain should ban non-compete clauses to enable the same.
‘Too much tax, too much regulation’: Fintech chief sounds alarm on UK economy and IPO market July 7, 2026 The boss of one of the UK’s fastest-growing fintech unicorns has warned the country risks “putting founders off” with overregulation and heavy taxation as speculation rises that the Labour government could make a major lurch to the left. Paul Taylor, who founded banking software firm Thought Machine in 2014, told City AM he feared UK [...]