CFIT CEO: There’s still not enough diversity in the City July 16, 2026 Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.
2026 Open Championship set to double spending in Royal Birkdale July 16, 2026 This week’s Open Championship at Royal Birkdale is set to double takings at businesses in the local area, according to data from Mastercard. Last year’s edition at Royal Portrush in Northern Ireland delivered a 119 per cent increase in spending within 5km of golf’s oldest major tournament, while the 2024 Open saw an 82 per [...]
Calls for Argentina to be banned from World Cup over Falklands banner July 16, 2026 MPs have called for Argentina players to be banned from the Fifa World Cup final after showing a banner relating to the Falkland Islands. Argentina players celebrated their 2-1 semi-final victory over England by waving a banner which read “Las Malvinas son Argentinas”. Translated as “The Falklands are Argentine”, the banner appears to be against [...]
The Capitalist: A Reeves speech or swan song? Dispatch from Mansion House July 16, 2026 Summer evenings with Rachel Reeves, Geoff Hurst and Keval Joshi; catch up on the latest gossip in this week's The Capitalist.
Airlines clash over Heathrow regulation July 16, 2026 Airlines have found themselves at loggerheads over the future of Heathrow, after one American carrier warned against the break-up of the owner’s monopoly even as others double down on calls for a new third runway operator. According to a freshly published consultation document from the Civil Aviation Authority, Delta Air Lines told regulators that a [...]
Crest Nicholson shares slump as lender talks drag on July 16, 2026 Crest Nicholson shares dropped after the housebuilder posted a £35m loss and told investors it is still locked in talks with its lenders. The London-listed firm had delayed the publication of its results in the hopes of seeking emergency permission from its creditors to loosen the terms of its debt, but said on Thursday that [...]
There’s a 45 per cent chance this op-ed was written by AI July 16, 2026 Emma Divers was trained to write using the technique now being flagged by AI detectors. She says the AI crackdown could become a witch hunt.
PwC slapped with multi-million fine for audit failures at FTSE 100 firm Babcock July 16, 2026 Big Four giant PwC and a former partner have been fined over £5.5m for the audit failures of London-listed engineering giant Babcock International. The Financial Reporting Council (FRC) issued disciplinary action against the firm and its audit partner, John Waters, following numerous serious audit breaches during the financial years 2019 and 2020 audits of the [...]
Ocado boss Steiner ‘energised about future’ despite succession battle July 16, 2026 Ocado boss Tim Steiner has insisted he is “as excited and energised” about the firm’s future following a battle over his succession which will see him depart in around 18 months. The co-founder and chief executive of the FTSE 250 firm is expected to step back from his current role as soon as December 2027 [...]
Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act July 16, 2026 Foxtons shares have tumbled after the firm said it took a knock of as much as £3m from the introduction of the Renters’ Rights Act, amid a sharp uptick in tenancy terminations. The Act abolished fixed tenancy terms and increased tenant flexibility to terminate tenancies, sparking “elevated levels of tenancy terminations.” Foxtons, which also bemoaned [...]