Prologis pursuit of Segro descends into silver-haired scrap July 22, 2026 Prologis’s attempt to take over Segro has descended into a spat over the age of its chief executives as the US firm looks to convince the FTSE 100 company’s shareholders to accept its offer, City AM can reveal. New York-listed Prologis, the world’s largest listed real estate company, has warned Segro’s investors that 65-year-old boss [...]
Tax rises ‘guaranteed’ as Healey faces £22bn black hole from Burnham spending plans July 22, 2026 Chancellor John Healey will be forced to launch another round of major tax rises in the autumn, leading economists have warned, after a City AM analysis found £22bn of spending pledges are not accounted for in official forecasts. Less than 24 hours after becoming Prime Minister, Andy Burnham has already announced plans to end rough [...]
Manchester United accused of banning loyal fans to make space for big-spending tourists July 22, 2026 Manchester United supporters have accused the club of attempting to force out season ticket holders in order to generate more revenue from tourists and corporates. Season ticket holders of several decades started receiving emails – seen by City AM – informing them their accounts had been restricted after the club identified activity “that may indicate” [...]
Exclusive: EQT to announce Emirates GBR SailGP deal July 21, 2026 European private equity giant EQT will today partner with Sir Ben Ainslie’s SailGP team Emirates GBR ahead of this weekend’s British leg of the series. The Swedish global investment firm – with £250bn in assets under management – has agreed a deal to be Emirates GBR’s private markets partner until the end of the decade. [...]
‘Phenomenal waste of time’: Burnham slammed over plans to dismantle tech department July 21, 2026 Andy Burnham faced immediate questions over his decision to abolish the tech department on Tuesday, as peers warned the move risked disrupting Britain’s AI strategy. Ministers were hauled before the House of Lords less than a day after the machinery of government changes to the Department of Science, Innovation and Technology (DSIT) were announced, where [...]
QPR owner Bhatia Liverpool investment could value club at $6bn July 21, 2026 Liverpool could be valued at more than $6bn amid talks between owners Fenway Sports Group and investors over a minority stake sale. A consortium of investors led by the British-Indian co-owner of Queens Park Rangers Amit Bhatia is reportedly in talks to purchase a significant minority in the Merseyside club, according to the Financial Times. [...]
Healey challenges Cabinet to find cuts July 21, 2026 Chancellor John Healey has challenged Cabinet ministers to find savings in budgets hours after Andy Burnham was criticised for making an “unfunded” tax cut. In the first meeting between Cabinet ministers under Burnham’s government, Healey urged ministers to “look harder” at spending priorities across departments. Burnham also urged ministers to consider “how we are going [...]
Brazen Burnham should call an election and put his ten year plan to the voters July 21, 2026 Plenty of people were staring at their phones outside the Calais terminal of the Eurotunnel on Monday afternoon, but I sensed I was the only one watching Andy Burnham’s Downing Street address. We left for France under one Prime Minister and came back under another. That’s just how it is these days. My first reaction [...]
Anthony Joshua v Tyson Fury venue tug of war on pause, says Matchroom boss Hearn July 21, 2026 Talks over the venue for the long-awaited fight between Anthony Joshua and Tyson Fury have been put on ice, says Matchroom boss Barry Hearn. Joshua is keen that the all-British heavyweight battle slated for later this year be held on home soil, with Wembley Stadium the most likely setting, but the final decision rests with [...]
‘Fantastic news’ as Burnham brings Britain’s AI minister into Cabinet July 21, 2026 Andy Burnham has promoted Kanishka Narayan to a Cabinet position as Britain’s AI minister as part of his first major government reshuffle, handing artificial intelligence its first dedicated seat at the Cabinet table. Narayan will attend Cabinet for the first time after surviving Burnham’s sweeping reshuffle, which saw several senior ministers leave government and the [...]