England World Cup final run could see Brits spend extra £250m July 6, 2026 A run to the Fifa World Cup final could see England fans generate an extra £250m in retail and home-viewing spend. Data from Novuna Finance shared with City AM suggests that the nation could spend an additional £75m-£150m should Thomas Tuchel’s England side go on a knockout run, while reaching the coveted final – later [...]
Investors in Farage-backed Bitcoin venture get burnt after stock slides July 6, 2026 Brits who bought shares in a crypto venture backed by Nigel Farage have seen their investment tumble by more than a third in the space of just three months. In March, Farage threw his weight behind Stack BTC, an Aquis-listed Bitcoin firm, investing hundreds of thousands of pounds to become one of the company’s largest [...]
Tickets for England World Cup quarter vs Norway on sale for $8m July 6, 2026 Tickets for England’s Fifa World Cup quarter-final are on sale for $8m as fans look to snap up a spot for the last eight tie in Miami. England posted one of their greatest ever World Cup victories on Monday, beating Mexico 3-2 at the Azteca Stadium in the co-host’s capital. And they’ve been rewarded with [...]
Construction sector cuts jobs again as house building slumps July 6, 2026 The construction industry shed jobs for the 18th consecutive month in June following “sharp declines” in house building and a slowdown in new home sales. The latest S&P Global Purchasing Manager’s Index (PMI) for the construction sector showed more cutbacks to employment with another period of “sustained job shedding”. Subcontractors were also hit by the [...]
Ocado founder Steiner set to quit as boss after board coup July 6, 2026 Ocado chief executive Tim Steiner will quit the business he founded as part of a replacement plan masterminded by chairman Adam Warby. The FTSE 250 firm, which offers online shopping and warehouse automation services, said on Monday that Steiner will depart at the start of its 2028 financial year. Ocado’s share price fell nearly five [...]
Sky buys ITV broadcasting arm in £1.6bn deal July 6, 2026 Sky has confirmed it will take over ITV’s broadcasting arm for £1.6bn, in a move the media giant says will safeguard its role as a public service broadcaster. The US-owned broadcaster said on Monday it will pay £1.6bn in total for ITV Media and Entertainment, which include its free-to-air TV channels in the UK and [...]
As it happened: Stocks slide despite tech and data boost; Oil falls after OPEC+ ups output July 6, 2026 Welcome back to the City AM liveblog. Markets are dealing with a double dose of pressures to start of the new week as investors brace for a crucial earnings season in the artificial sector, whilst an increase of supply on the oil market weighs on prices. Over in Asia, stock markets slipped following a week [...]
‘Number 10 North’ is no more than a gimmick July 6, 2026 Number 10 North has been designed to attract headlines without having been put under any real scrutiny, writes Eliot Wilson.
UK investors turn to bonds as equities valuations continue to stretch July 6, 2026 UK investors piled into bonds in June, as soaring valuations in equity markets has left many investors looking to avoid heightened risk and stretched value. Bond funds attracted over £1bn of net inflows last month, making it third-strongest on record for fixed income funds, according to the latest data from Calastone. The streak came as [...]
Burnham’s high street tax plan carries £880m price tag July 6, 2026 Andy Burnham’s plans to overhaul business rates in favour of Britain’s high streets could cost around £880m a year, according to new analysis, as questions mount over how the Labour leadership frontrunner would pay for one of his first major tax reforms. Forecasts by global tax firm Ryan suggest Burnham’s proposal to expand Small Business [...]