Fifa accused of bullying in attempt to kill off multi-billion class action claim July 3, 2026 Fifa has been accused of using bullying tactics in a bid to kill off a class action lawsuit claiming billions in lost earnings from football’s governing body on behalf of current and former players. Justice For Players is pursuing a mega claim deriving from the European Court of Justice’s landmark Diarra Ruling, which declared Fifa’s [...]
Why brands can fail miserably at sponsoring Wimbledon July 3, 2026 With the Grand Slam in full swing, Sam Milne discusses why brands still manage to fail at Wimbledon Pimm’s, strawberries and cream, pristine grass courts, and royalty and sporting legends intermingling evoke only one place: Wimbledon. It’s one of the few global sporting events that feels timeless, and minus the players themselves, an image from [...]
Ryanair warns of ‘passport queue chaos’ with new EU border system July 3, 2026 Ryanair has warned the EU’s new biometric border system will cause “passport queue chaos” this summer and called on European governments to halt the rollout until after the busy travel season. The budget airline said the new system “is not ready” for the large volume of people travelling to Europe over the summer and urged [...]
World Cup boost fails to land UK services sector on front foot July 3, 2026 A World Cup boost failed to drag the UK’s services sector to growth last month after it recorded its fastest rate of decline in three-and-a-half years as businesses braced for the Andy Burnham coronation. The latest Purchasing Managers Index (PMI) from S&P Global showed a reading of 48.8 in June, falling from 49.3 in May. [...]
UK fintech Starling to axe 130 roles in AI-powered simplification drive July 3, 2026 Starling is gearing up to cut some 130 roles in a bid to streamline its operations following a fall in profit over the last year. The London-based fintech told staff this week it would restructure its banking and tech operations as it leveraged AI across operations ahead of an influx of new projects. It said [...]
As it happened: Stocks rise as oil lower; Iran threatens ‘forceful response’ over Strait of Hormuz July 3, 2026 Welcome back to the City AM liveblog. The rate of traffic flowing through the Strait of Hormuz is gradually picking back up in a major boost to the oil market. Brent crude – the international benchmark for oil prices – held steady at near $72 per barrel on Friday morning. It marked a similar level [...]
Devolution will create losers too July 3, 2026 Devolution is a laudable endeavour, but it will widen the gap between thriving and struggling areas as much as closing it, writes Sanjay Raja.
Reality is rugby’s Nations Championship is botched July 3, 2026 With the inaugural Nations Championship around the corner, Ollie Phillips looks at why the sport’s bosses missed a trick. The Nations Championship kicks off this weekend, but when you look at what is the star match of round one based on the players involved – South Africa’s home fixture against England on Saturday – it [...]
Tale of two cities: London leaps ahead in global finance but domestic growth stalls July 3, 2026 The City of London has cemented its dominance in international finance ten years on from the Brexit vote but faced sobering domestic growth that failed to match the momentum. The capital sees more international activity conducted than the next eight largest financial centres in Europe combined, according to a new report by New Financial. The [...]
Staff would turn down promotion to keep flexibility at work July 3, 2026 Half of the UK’s part-time staff would turn down a promotion if it meant losing the flexibility of their current role, according to fresh polling, leading industry chiefs to warn against an overzealous crackdown on agile working. The Yougov data, commissioned by the British Retail Consortium (BRC) and shared exclusively with City AM, found exactly [...]